Answer:
$94,260.00
Explanation:
There is no doubt that the difference between net income under absorption costing and variable costing method lies in the treatment of fixed cost, under the former, each product is charged with fixed cost while total fixed cost is charged as a period cost under the latter.
In essence, the fixed cost on ending inventory would have been expensed and deducted in arriving at net income under variable cost, in other words, we simply add to net income under variable costing the fixed cost attributable to an increase in ending inventory
income=$82,500+(3200-1800)*$8.40
net income=$94,260.00
Answer:
D. assets - liabilities = shareholders' equity
Explanation:
The balance sheet paint the picture of the real accounting equation.
Shareholders' equity + Liability = Asset
That is, Asset - Liability = Shareholders' equity
actually the right answer is it will increase. got proof too. ;)
ik its a little late but you know... better to give you the right answer though then get it wrong
Answer: c. Profit-sharing plan
Explanation: Dividing profits from sales for the year among salespeople represents a profit-sharing plan. The profit sharing plan is a way improving and keeping the morale, loyalty, etc. of workers. It is defined as an incentivized compensation plan that gives back to employees a certain percentage of the company's profits over a period of time, usually a year. It is only applicable when the company realizes a profit.
Considering the scenerio about Judy and Amy are having lunch together and decide to split the bill equally. In this case, Amy is less price sensitive when sharing the cost.
What is price sensitivity?
Price sensitivity can be regarded as the degree to which demand changes as result if the changes in cost of a product or service changes.
It should be noted that Price sensitivity helps in measuring price elasticity of demand.
- And this rule implies that some consumers will refuse to pay more incase there there us availability of lower-priced option.
Learn more at price sensitivity at:
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