Ratchet company uses budgets in controlling costs. the august 2017 budget report for the company's assembling department is as follows.

ratchet company
budget report
assembling department
for the month ended august 31, 2017
difference
manufacturing costs budget actual favorable, unfavorable, neither favorable nor unfavorable
variable costs
direct materials $55,900 $54,900 $1,000 favorable
direct labor 59,800 56,500 3,300 favorable
indirect materials 26,000 26,100 100 unfavorable
indirect labor utilities 19,500 19,080 420 favorable
utilities 16,250 16,090 160 favorable
maintenance 9,100 9,200 100 unfavorable
total variable 186,550 181,870 4,680 favorable
fixed costs
rent 11,200 11,200 -0- neither favorable nor unfavorable
supervision 16,500 16,500 -0- neither favorable nor unfavorable
depreciation 7,800 7,800 -0- neither favorable nor unfavorable to search
total fixed 35,500 35,500 ? 0? neither favorable nor unfavorable
total costs $222,050 $217,370 $4,680 favorable

the monthly budget amounts in the report were based on an expected production of 65,000 units per month or 780,000 units per year. the assembling department manager is with the report and expects a raise, or at least praise for a job well done. the company president, however, is unhappy with the results for august because only 63,000 units were produced.

a. state the total monthly budgeted cost formula.

b. prepare a budget report for august using flexible budget data.

Gino's restaurant is a popular restaurant in boston, massachusetts. the owner of the restaurant has been trying to better understand costs at the restaurant and has hired a student intern to conduct an activity-based costing study. the intern, in consultation with the owner, identified the following major activities: activity cost pool activity measure serving a party of diners number of parties served serving a diner number of diners served serving drinks number of drinks ordered some costs, such as the cost of cleaning the linens that cover the restaurant's tables, vary with the number of parties served. other costs, such as washing plates and glasses, depends on the number of diners served or the number of drinks served. data concerning these activities are shown below. serving a party serving a dinner serving drinks total total cost $47,600 $153,000 $59,800 $260,400 total activity 7,000 parties 30,000 diners 46,000 drinks prior to the activity-based costing study, the owner knew very little about the costs of the restaurant. she knew that the total cost for the month was $260,400 and that 30,000 diners had been served. therefore, the average cost per diner was $8.68.required: 1. compute the activity rates for each of the three activities 2. according to the activity-based costing system, what is the total cost of serving each of the following parties of diners? a. a party of four diners who ordered three drinks in total b. a party of two diners who do not order any drinks c. a lone diner who orders two drinks 3. convert the total costs you computed in part (1) above to costs per diner. in other words, what is the average cost per diner for serving each of the following parties: a. a party of four diners who order three drinks in total b. a party of two diner who do not order any drinks c. a lone diner who orders two drinks 4. why do the costs per diner for the three different parties differ from each other and from the overall average coast of $9.80 per diner?

About time delivery co. incurred the following costs related to trucks and vans used in operating its delivery service: classify each of the costs as a capital expenditure or a revenue expenditure. 1. changed the oil and greased the joints of all the trucks and vans. 2. changed the radiator fluid on a truck that had been in service for the past four years. 3. installed a hydraulic lift to a van. 4. installed security systems on four of the newer trucks. 5. overhaul the engine on one of the trucks purchased three years ago. 6. rebuilt the transmission on one of the vans that had been driven 40,000 miles. the van was no longer under warranty. 7. removed a two-way radio from one of the trucks and installed a new radio with a greater range of communication. 8. repaired a flat tire on one of the vans. 9. replaced a truck's suspension system with a new suspension system that allows for the delivery of heavier loads. 10. tinted the back and side windows of one of the vans to discourage theft of contents.

Sue now has $125. how much would she have after 8 years if she leaves it invested at 8.5% with annual compounding? a. $205.83b. $216.67c. $228.07d. $240.08e. $252.08