The Brandon household has monthly income of %5,630 on which to base their budget. They plan to save 10% and spend 32% on fixed expenses and 56% on variable expenses. What amount do they plsn to set aside for each budget section in Savings, fixed expenses, and variable expenses?

Q: after reviewing last years budget you find an unspent $ 5600. If next year you deposit 45% of…

A: Given: Interest rate = 2.3% Years = 5 Amount deposited is 45% of $5,600

Q: 1. assume that coke budget for a 10% increase in sales over fiscal year 2019. what would budgeted…

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Q: In order to get your personal finances under control, you need to prepare a personal budget. Assume…

A: Total spendable income = Wages Earned + Interest Income - Income tax withheld. Surplus or Shortage =…

Q: If actual current sales are 80 and actual sales are 100, what will the budget current assets be, if…

A: Introduction: The exchange of products and services in exchange for money is referred to as sales.…

Q: An enterprise's  revenues  for the month are $1,300,000. while its expenditures are $600,000.…

A: A budget is an estimation of the profit that will be earned and expenditure that will be incurred in…

Q: Samira and Barack Osman a newly married couple in their early 30s. They are currently renting a…

A: A budget is a document showing the estimate of all expenses, incomes, and net savings for the year.…

Q: P16-35. Cost consciousness The Hansens are preparing their household financial budget for December.…

A: The objective of the question is to identify the type of cost strategy each of the Hansen family's…

Q: Prepare a budgeted income statement for the year. E10.26 (LO 3) Haven Company has accumulated the…

A: An income statement is a financial report that indicates the revenue and expenses of a business. It…

Q: Use the following income statement along with the accompanying additional information to prepare a…

A: Income Statement is an essential part of Financial Statements.An operational budget is a financial…

Q: ABC Ltd. is preparing a budget for 2018. Following are the information related to budget…

A: The flexible budget is prepared to estimate the expenses and revenue at different level of…

Q: Budget planners for a certain community have determined that $7,753,600 will be required to provide…

A: Given:

Q: WellWheats, Inc. produces breakfast cereal and sells each box, or unit, for $7. The company is…

A: Units to be produced =Units to be sold +Desired closing inventory -Opening inventory=1000 +…

Q: 1. WHAT IS THE 'SUNSHINE LIST'? Describe. 2. NAME 3 EXAMPLES OF INDIVIDUALS INCLUDED WITHIN ONTARIO…

A: “Since you have posted a question with multiple sub parts, we will provide the solution only to the…

Q: Comparing his budget to his current expenses, Samuel noted that the current November expense of $…

A: Budget is the target plan to limit the expense to a specific limit.

Q: 31. A budget period should be Group of answer choices monthly. long-term. long enough to provide an…

A: A budget period should be a period that the company will prepare so that the company has long enough…

Q: 18. The average monthly budget for Camille and Zohan is shown. Camille Zohan INCOME (S) 4100 3900…

A: Solution:- Variable expenses are the expenses which vary according to the use, while fixed expenses…

Q: Focus Question 1. Most family members earn money by working for salaries. State THREE other means by…

A: Comments; Multiple questions asked Income - The money earned from various different sources by an…

Q: Accounting A local education institution's budget for 2020/21 for meals was £944,622. During 2020/21…

A: Budget plays important role in  everyone's life and Zero base budgeting is the budgeting process…

Q: do they conribute in how much Hear to farbage collection a

A: Percentage helps in representing a particular value with reference to a fraction of 100. The garbage…

Q: At Jaqueline, SRL, the monthly fixed selling and administrative expenses are $259,000 and the…

A: Variable selling and administrative expense = 4500 units ×$4 =$18000 Assuming depreciation expense…

Q: An assisted living has actual total revenues of 1.68 million, expenses of 1 million in 2018. The…

A: Budgets are useful measure of control. They are used in performance evaluation. How budgeted amount…

Q: You manage a motel of 100 rooms. Below is the information of the direct costs budget of the rooms…

A: Budgeted contributory Income :— It is calculated as revenue for the room minus direct cost of the…

Q: You use the utility company's budget plan for paying your home heating bills. You pay $75 a month…

A: September actual bill (S) = $28.95 October actual bill (O) = $46.15 November actual bill (N) =…

Q: Monthly Income Monthly Expenses ITEM JAMOUNT ITEM ]Column1 |AMOUNT Income Source 1 $2,000.00 Rent…

A: Income and expenses is an part and partial of a daily life of an individual. The income is earned…

Q: Budgeted costs for the year 2019 Fixed cost Variable cost Costs of: (per year) $ (per case)…

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Q: Room Revenue Room Profit Rooms Sold Actual Average Room Rate $67.50 $695,000 Beverage Revenue…

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Q: Injured Jets Clinic uses patlent-visits as Its measure of activity. The clinic bases Its budgets on…

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Q: The menagament nooountant at preparing the cash budget for the business for the fourth quarier of…

A: Hi, since you have posted a question with multiple subparts we are solving the 1st 3 subparts for…

Q: I am prudent and wish to make the savings from my salary without compromising my needs. Make a…

A: Discount:   When goods or services are available at a lower price than their actual price, it is…

Q: 1. Before deduction, your total salary is $90,758 on your pay slip. That amount would be your 2.…

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Q: What other expense can the Anderson family add to their budget to plan for occasional expenses?

A: It has been given the budget for the whole month as well as the incomes and expenditure list for the…

Q: Joana had a budget allocation of P15,000 for materials and P75,000 for direct labor. What is the…

A: Joana had a budget allocation of P15,000 for materials and P75,000 for direct labor. Required  What…

Q: Benjamin is working on next year's budget. Given the following information, calculate the budgeted…

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Q: Budgeted Selling Expenses Sales Commission Freight-out Total Selling Expenses Budgeted…

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Q: * The company cash at bank bal anticipated at i Estimated Jan 20a1 IS $27000 sales and puvchases ave…

A: A cash budget is prepared so that, availability or use of cash can be assessed in advance, and…

Q: Budget planners for a certain community have determined that $6,391,000 will be required to provide…

A: Let tax be X%

Q: Monthly Income ТЕМ Monthly Expenses JAMOUNT ] Column1 DAMOUNT ITEM Income Source 1 $2.000.00 Rent…

A: Net income is calculated by deducting the expenses from the sales revenue.

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A: A Cash budget contains the estimated inflows & outflows of cash during the period.

Q: Consider this example: Simone has a monthly net income of $4,456 dollars. Simone follows the…

A: The decision regarding the budget allocation to the items requires a very brief of the items as the…