Girl Scout cookie sales help raise funds for all of the Girl Scout activities in any given year. Troop 68 has 62 girls and their parents contribute $100 per year per girl in membership fees. If a box of cookies sells for $5, costs them $2 per box (the troop buys these cookies from the central office), and they sell 10,000 boxes in total, how much money can Troop 68 budget for all of their activities that year? There are no fixed costs - kids sell these cookies for free, rain or shine. o 23,800 o 36,200 O 6,200 o 76,200

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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1. Girl Scout cookie sales help raise funds for all of the Girl Scout activities in any given year. Troop 68
has 62 girls and their parents contribute $100 per year per girl in membership fees. If a box of cookies
sells for $5, costs them $2 per box (the troop buys these cookics from the central office), and they sell
10,000 boxes in total, how much money can Troop 68 budget for all of their activities that year? There
are no fixed costs – kids sell these cookies for free, rain or shine.
o 23,800
o 36,200
o 6,200
o 76,200
2. Flexible budgets help us understand:
o How fixed costs are distributed in an organization
o How basic assumptions are lined up in the budget
o To what extent changes in the number of clients can affect the overall budget
o How capital resources are allocated across the organization
3. Estimating Deprecation. If you pay $829 for an IPhone 12, replace the screen two times for S110.5 cach
time, and use it for five full years, what will be your monthly depreciation cost?
o 15.66
o 13.82
o 17.50
78.29
Transcribed Image Text:Need help on these multiple choice please asap 1. Girl Scout cookie sales help raise funds for all of the Girl Scout activities in any given year. Troop 68 has 62 girls and their parents contribute $100 per year per girl in membership fees. If a box of cookies sells for $5, costs them $2 per box (the troop buys these cookics from the central office), and they sell 10,000 boxes in total, how much money can Troop 68 budget for all of their activities that year? There are no fixed costs – kids sell these cookies for free, rain or shine. o 23,800 o 36,200 o 6,200 o 76,200 2. Flexible budgets help us understand: o How fixed costs are distributed in an organization o How basic assumptions are lined up in the budget o To what extent changes in the number of clients can affect the overall budget o How capital resources are allocated across the organization 3. Estimating Deprecation. If you pay $829 for an IPhone 12, replace the screen two times for S110.5 cach time, and use it for five full years, what will be your monthly depreciation cost? o 15.66 o 13.82 o 17.50 78.29
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