Budget performance reports for cost centers

partially completed budget performance reports for garland company, a manufacturer of light duty motors, follow:

garland company
budget performance report—vice president, production
for the month ended november 30
plant actual budget over budget under budget
eastern region $2,409,400 $2,420,000 $(10,600)
central region 2,998,400 3,000,000 (1,600)
western region (g) (h) (i)
$(j) $(k) $(l) $(12,200)

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Which of the following statements is correct? a) due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u. s. businesses (in terms of number of businesses) are organized as corporationsb) most businesses (by number and total dollar sales) are organized as proprietorships or corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, primarily because corporations have important tax advantages over proprietorships and partnerships. c) due to legal considerations related to ownership transfers and limited liability, which affect the ability to attract capital, most business (measured by dollar sales) is conducted by corporations in spite of large corporations' less favorable tax treatmentd) large corporations are taxed more favorably than proprietorshipse) corporate stockholders are exposed to unlimited liability

Reagan corporation is a wholesale distributor of truck replacement parts. initial amounts taken from reagan's records are as follows: