Zike Corporation's Static Planning Budget for October Appears Below

question 393

Multiple Choice

Zike Corporation's static planning budget for October appears below. The company bases its budgets on machine-hours. In October, the actual number of machine-hours was 6,000, the actual supplies cost was $14,740, the actual power cost was $49,170, the actual salaries cost was $15,390, and the actual equipment depreciation was $63,670. The spending variance for supplies cost in the performance report for the month should be:

• A)$940 F
• B)$1,630 U
• C)$940 U
• D)$1,630 F

Analyze the factors leading to the end of the Cold War, including the roles of key individuals and global political shifts.

Detail the evolution of political ideologies and party alignments within the United States across decades.

Describe the impact of economic theories and policies on American society and its working class from the 1970s onward.

Understand the development and controversy surrounding social policies, including affirmative action and rights movements.

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Definitions:

Return

The gain or loss made on an investment over a specified period, typically expressed as a percentage of the investment’s initial cost.

ROE

Return on Equity, a measure of financial performance calculated by dividing net income by shareholders' equity, indicating how effectively a company uses investments to generate earnings growth.

Dividend Growth Rate

The annual percentage rate at which a company's dividend payments to shareholders increase.

Plowing Back

Refers to the strategy of reinvesting profits back into the business instead of distributing them as dividends.