The answer is B. Just subtract.
Answer:
The answer is $ 218
Explanation:
Solution
Given that:
Description Amount
Direct materials $91
Direct labor $85
Variable manufacturing overhead $7
Fixed manufacturing overhead
( $ 161,000/ 4,600 units) $35
The unit product under absorption costing = $218
Therefore, the absorption costing unit product cost is $218
Answer:
$129,127
Explanation:
Cardinal company bank statement showed a balance of $180,974 at May 31
The reconciling items consisted of outstanding checks of $51,847
Therefore, the amount that should be shown in Cardinal cash account on May 31 can be calculated as follows
= $180,974-$51,847
= $129,127
Hence a balance of $129,127 should be shown on the Cardinal cash account on May 31
Round-tripping is when a company sells unused assets for a promise to buy them or similar assets back at roughly the same price.
Round tripping occurs when one company sells unused assets to another party in order to generate sales, and later buys the assets back. For instance, a real estate company sells several properties to a related party in exchange of money and then buys them back a year later for the same price.
So doing this generates sales not only for the original seller, but also for the related party when it sells the properties back. The government also uses round-tripping in times of recession to increase money flow in the market.
Hence, round-tripping refers to money that leaves the country and makes its way back into the country though various channels.
To learn more about unused assets here:
brainly.com/question/23946350
#SPJ4
