The average variable cost will drop.
it take 6 to 8 week in order to accept your refund
Answer:
AJ Manufacturing Company
Multi-Step Income Statement
For the year ended xx xx, xxxx
Revenue
Sales $160,000
Cost of Goods Sold
Variable Product cost $40,000
Fixed Product cost <u>$50,000</u>
<u>$90,000</u>
Gross Income / Income $70,000
Less: Operating Expenses
Variable Selling & Administrative costs $13,000
Fixed Selling & Administrative costs <u>$16,000 </u>
<u>$29,000</u>
Net Profit / Income <u>$41,000</u>
Explanation:
GAAP require two types of the income statements
- Single-Step Income Statement
- Multi-Step Income Statement
In single step income statement all revenue are calculated and all expense are deducted from revenue to calculate net profit.
In multi-step the expenses are classified in the product / manufacturing expense and operating expenses. First manufacturing expenses are deducted from the net revenue to calculate the gross profit and then operating expense are deducted to calculate operating / net profit / income.
Answer:
yes it is correct
Equilibrium can only occur at one price .
Options:
A. similarity of pay grades
B. mutuality of interests
C. a comparison of working conditions
D. geographic location
Answer:
Correct option is B.
Mutuality of interests.
Explanation:
"The checkers and baggers at Grocery Giant have approached the loading dock workers to cooperate in a union organizing attempt. The NLRB will decide whether these three groups of employees constitute a bargaining unit based on <u>mutuality of interests</u>."
