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natta225 [31]
1 year ago
8

Income Statements under Absorption Costing and Variable Costing

Mathematics
1 answer:
kotykmax [81]1 year ago
5 0

The estimated income statement for the month shows a loss of $840000.

<h3>How to illustrate the income statement?</h3>

The estimated income statement for the month will be:

Sales = $25,600,000

Less: Cost of goods sold

Direct materials (320000 × 15) = $4,800,000

Direct labor (320000 × 17) = $5,440,000

Variable costing (320000 × 15) = $11,200,000

Fixed manufacturing cost = $1,530,000

Total cost of goods sold = $22970000

Gross profit = $25,600,000 - $22970000 = $2,630,000

Gross profit = $2,630,000

Less:

Variable selling and administrative expense = $3200000

Fixed selling and administrative = $270000

Loss from operations = $840000

Therefore, the estimated income statement for the month shows a loss of $840000.

Learn more about income statement on:

brainly.com/question/15169974

#SPJ1

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If a quadratic equation is in the form of ax² + bx + c = 0, then Discriminant of the equation D = b² - 4ac, which governs the nature of roots the equation has.

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If D < 0, then two distinct but imaginary roots.

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3) \frac{2}{x} + \frac{3}{x} = x - 4

⇒ 5 = x² - 4x

⇒ x² - 4x - 5 = 0.

So, D = (-4)² - 4 × (1) × (- 5) = 36. So, the equation has two real and distinct rools.

4) x(x - 5) = 4(5 - x)

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5) x² + 7x + 1 = 0 has D = 7² - 4 × 1 × 1 = 45

So, the roots will be real and distinct.

6) 2x² + 9x + 3 = 0, has D = 9² - 4 × 2 × 3 = 57.

Hence, the roots will be real and distinct.

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So, the roots will be real and distinct.

8) x² - x = 3(x + 7)

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3 years ago
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Therefore the 3rd odd number is 29.

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