Spark company's static budget is based on a planned activity level of 45,000 units. at the same time the static budget was prepared, the management accountant prepared two additional budgets, one based on 40,000 units and one based on 50,000. the company actually produced and sold 49,000 units. in evaluating its performance, management should compare the company's actual revenues and costs to which of the following budgets? a. a budget based on 40,000 units b. a budget based on 45,000 units c. a budget based on 49,000 units d. a budget based on 50,000 units.
no calculation is needed.

The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be: