Clovis Midwifery's Cost Formula for Its Wages and Salaries Is

question 52

Multiple Choice

Clovis Midwifery's cost formula for its wages and salaries is $2,680 per month plus $245 per birth.For the month of September,the company planned for activity of 118 births,but the actual level of activity was 121 births.The actual wages and salaries for the month was $33,290.The wages and salaries in the flexible budget for September would be closest to:

• A)$32,393
• B)$31,590
• C)$32,325
• D)$33,290

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Definitions:

Loan Length Calculations

The process of determining the duration over which a borrower must repay their loan, factoring in the loan amount, interest rate, and repayment amount.

Monthly Budget

A financial plan that estimates income and sets limits on expenditures for a month.

Occasional Stress

Stress experienced at irregular intervals or only under particular circumstances.

Normal Reaction

A typical or expected response to a specific stimulus or situation based on common experience.