B. maternal and paternal stereotypes have an impact on the math interest of both boys and girls.
Studies have found that, while the gender discrepancy in math achievement has declined in recent years, girls continue to be less likely to choose a math-related major in college or career in mathematics. In addition, the research has confirmed that maternal and paternal gender-related attitudes, beliefs, and behaviors are a key contributor to the disparity in interest in math and perceptions about math ability. Interestingly, a longitudinal study by Bleeker et al. suggests that the father's gender stereotypes may have a different impact than the stereotypes of the mother - i.e., while father's stereotypes are associated with an increased interest in math among boys and a decreased interest among girls, the mother's stereotypes are associated with a decreased interest for both boys and girls (J. E. Bleeker et al., "I can, but I don't want to": The impact of parents, interests, and activities on gender differences in math. financeCellular Technologies manufactures capacitors for cellular base stations and other communication applications. The company's July 2016 flexible budget shows output levels of7,500, 9,000, and 11,000 units. The static budget was based on expected sales of 9,000 units.
$$
\begin{array}{c}
\textbf{CELLULAR TECHNOLOGIES}\\
\textbf{Flexible Budget}\\
\textbf{For the Month Ended July 31, 2016}\\
\end{array}
$$
$$
\begin{array}{lrrrr}
&\textbf{Budget}\\
&\textbf{Amount}\\
&\textbf{per Unit}\\
\hline
\text{Units}&&7,500&9,000&11,000\\
\hline
\text{Sales Revenue}&\$ 25& \$ 187,500&\$225,000&\$275,000\\
\text{Variable Expenses}&13&97,500&117,000&143,000\\
\hline
\text{Contribution Margin}&&90,000&108,000&132,000\\
\text{Fixed Expenses}&&56,000&56,000&56,000\\
\hline
\text{Operating Income}&&\$34,000&\$52,000&\$76,000\\
\hline\hline
\end{array}
$$
The company sold 11,000 units during July,
and its actual operating income was as follows:
$$
\begin{array}{c}
\textbf{SMALL TALK TECHNOLOGIES}\\
\textbf{Income Statement}\\
\textbf{For the Month Ended July 31, 2016}\\
\end{array}
$$
$$
\begin{array}{lr}
\text{Sales Revenue}&\$282,000\\
\text{Variable Expenses}&148,000\\
\hline
\text{Contribution Margine}&134,000\\
\text{Fixed Expenses}&57,500\\
\hline
\text{Operating Income}&\$75,500\\
\hline\hline
\end{array}
$$
1. Prepare a flexible budget performance report for July 2016.
2. What was the effect on Cellular's operating income of selling 2,000 units more than the static budget level of sales?
3. What is Cellular's static budget variance for operating income?
4. Explain why the flexible budget performance report provides more useful information to Cellular's managers than the simple static budget variance. What insights can Cellular's managers draw from this performance report? financePartial balance sheet data for the Berente Company at December 31, 2014, are as follows:
$$
\begin{array}{lrlr}
\text{Finished goods inventory}&\$32,200&\text{Supplies}&\$57,040\\
\text{Prepaid insurance}&22,000&\text{Materials inventory}&70,000\\
\text{Accounts receivable}&84,000&\text{Cash}&89,600\\
\text{Work in process inventory}&126,000\\
\end{array}
$$
Prepare the Current Assets section of Berente Company’s balance sheet at December 31, 2014. 13th Edition•ISBN: 9780135225691 (1 more)Michael R Solomon449 solutions
6th Edition•ISBN: 9780357041178Spencer A. Rathus380 solutions
3rd Edition•ISBN: 9781319070502 (1 more)C. Nathan DeWall, David G Myers956 solutions
2nd Edition•ISBN: 9781464113079David G Myers901 solutions