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Onofre Tech Is a For-Profit Vocational School

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Essay

Onofre Tech is a for-profit vocational school. The school bases its budgets on two measures of activity (i.e., cost drivers), namely student and course. The school uses the following data in its budgeting: Onofre Tech is a for-profit vocational school. The school bases its budgets on two measures of activity (i.e., cost drivers), namely student and course. The school uses the following data in its budgeting:   In October, the school budgeted for 1,410 students and 58 courses. The actual activity for the month was 1,310 students and 62 courses. Required: Prepare the school's flexible budget for the actual level of activity in October. In October, the school budgeted for 1,410 students and 58 courses. The actual activity for the month was 1,310 students and 62 courses.
Required:
Prepare the school's flexible budget for the actual level of activity in October.


Definitions:

Quid Pro Quo

A Latin term meaning something given in exchange for something else, typically referring to a mutual agreement where each party receives something of value.

Sexual Harassment

Unwanted sexual advances, requests for sexual favors, or other verbal or physical harassment of a sexual nature, especially in the workplace.

Equal Pay Act

A U.S. federal law aimed at abolishing wage disparity based on sex by ensuring that men and women receive equal pay for equal work.

Substantially the Same Job

A position that is almost identical in terms of duties, conditions, responsibilities, and status to another job.

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