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it raises the price of the good being taxed by that tax rate per unit of the good taxed
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What is the sales workflow cycle?
Sales Workflow Management impacts overall sales effectiveness, improving both top-line revenue growth and bottom-line cost management.
What is budget realignment?
It's modifying your budget in line with your necessary costs and incoming revenue. It's best to check and tweek your budget on an annual basis.
Do on line businesses need to charge tax on sales in Ohio?
Only for sales to people in Ohio.
What information from a flexible budget is used to evaluate performance?
Using a Budget to Evaluate PerformanceSo, what happens when the period's over? At period end, it's time to determine whether we fell in line with our planned expenditures. That's when a flexible budget is used. A flexible budget is a budget with figures that are based on actual output. It's then compared to a company's static budget to get variances (differences) between what level of spending was expected and what actually occurred.With a flexible budget, budgeted dollar values (i.e. costs or selling prices) are multiplied by actual units to determine what particular number will be given to a level of output or sales. This yields the total variable costs involved in production. The second component of the flexible budget is the fixed cost. Typically, the fixed cost does not differ between the static and flexible budgets.There are tons of variances that can arise in the static budgeting system. The two most basic variances are the flexible budget variance and sales-volume variance. The flexible budget variance compares the flexible budget to actual results to determine the effects that prices or costs have had on operations. The sales volume variance compares the flexible budget to the static budget to determine the effect that a company's level of activity had on its operations. From these two budgets, a company can develop individual flexible and static budgets for any element of its operations. For example, the static budget variance is the difference between the static budget and the company's actual results. The variances are always classified as either favorable or unfavorable.If sales volume variance is unfavorable (flexible budget is less than static budget), the company's sales (or production with a production volume variance) will turn out to be less than anticipated. If, however, the flexible budget variance was unfavorable (the variance effects eventual cash flows negatively) this would be a result of price or cost. By knowing where the company is falling short or exceeding the mark, managers can do a better job of evaluating the company's performance and use the information to make changes to fu
What is the term for a budget that starts with the absolute necessities and debt payments and then adds expenditures until there is no more cash?
zero-based budget
How will an increase in income affect the budget line?
if the consumer`s income changes it will influence the budget line and it will shift to the right.
What was the Production Budget for On the Line?
The Production Budget for On the Line was $10,000,000.
What was the Production Budget for Walk the Line?
The Production Budget for Walk the Line was $29,000,000.
What was the Production Budget for In Her Line of Fire?
The Production Budget for In Her Line of Fire was $1,000,000.
What is budget line and show the shift in budget line?
A budget line is a locus of combination of two goods a consumer can afford to buy with his/her income.shift in a budget line can be caused by various factors like a change in individuals income
What is a line budget?
A budget clothing line is a clothing line that is set out in stores for people who are trying to stay within a reasonable price from the budget that they are trying to follow.
What is a budget clothing line?
A budget clothing line is a clothing line that is set out in stores for people who are trying to stay within a reasonable price from the budget that they are trying to follow.
What was the Production Budget for The Thin Red Line?
The Production Budget for The Thin Red Line was $52,000,000.
A point to the left of a budget line is?
A point to the left of a budget line is commonly a tradeoff. But a point to the right is an opportunity cost.
How is budget line useful in reaching consumer equilibrium?
Budget line helps the consumer to decide to purchase a particular combination that falls in his budget line although a different combination is more desirable as it will give more satisfaction level.
What is the definition of budget line in economics?
A budget line is a line showing the alternative combinations of any two goods that a consumer can afford at given prices for the goods and a given level of income.
What does budget line show and what are its two basic properties?
Budget line(bl) is tangent to the indifference curve(ic) the slope of bl is same as that of ic.
