Garrison 13e Practice exam Chapter 10 Print these pages. make to each one of the followers questions, explaining your answers or showing your work, as appropriate, and then liken your solutions to those provided at the end of the practice exam. 1.What ar the major weaknesses of unruffled ciphers? 2.What are the characteristics of a planning cypher? 3.What are the characteristics of a fictile budget? 4.Rickys spread Diner is a family-owned restaurant that serves pizza and Italian dishes. information concerning the restaurants monthly revenues and costs appear to a lower place (q refers to the number of meals served): | | statute | |Revenue |$12q | |Cost of ingredients |$3.50q | |Wages |$7,500 | |Utilities |$600 + $0.20q | | rub |$2,500 | Part (a) effect the diners planning budget for January assuming that 1,500 meals are served. Part (b) Assume that 1,600 meals were served in January. enlighten a flexible budget for this level of activity. Part (c) real results for January appear below. Prepare a flexible budget implementation report for the diner for January.
|Revenue |$18,800 | |Cost of ingredients ! |5,200 | |Wages |7,200 | |Utilities |928 | | rent |2,500 | GNB 13e Practice Exam Solutions Chapter 10 1.Solution (Learning Objective 1): The major weaknesses of unmoving budgets include the following: ? Static budgets are geared notwithstanding to a champion level of activity. ? Static budgets cannot be employ to assess whether variable...If you motivation to get a full essay, roam it on our website:
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