Which of the following is not a strength of sensitivity analysis?

Wanda has graduated from community university (cu) and after nine months has failed to find a job. she graduated with a degree i

Blababa [14]

CU's attorneys should file a <u>motion for summary judgement</u>, which asks the judge to make a ruling on the facts of the case alone without going to a full trial.

3 0

3 years ago

During the first year of operations, 18,000 units were manufactured and 13,500 units were sold. On August 31, Olympic Inc. prepa

kvasek [131]

Answer:

a. The unit cost of goods manufactured based on the variable costing concept.

=Total variable cost of goods manufactured / Total units Manufactured

= (288,000) /18,000= $ 16

b. The unit cost of goods manufactured based on the absorption costing concept.

=Variable cost of goods manufactured +Fixed manufacturing costs / Total units Manufactured=$288,000+ $12,000/18,000= $ 16.67

Explanation:

a. The unit cost of goods manufactured based on the variable costing concept.

=Total variable cost of goods manufactured / Total units Manufactured

= (288,000) /18,000= $ 16

b. The unit cost of goods manufactured based on the absorption costing concept.

=Variable cost of goods manufactured +Fixed manufacturing costs / Total units Manufactured=$288,000+ $12,000/18,000= $ 16.67

Working

Olympic Inc.

Variable Costing Income Statement

For Year Ended August 31

Sales $297,000

Variable cost of goods sold:

Variable cost of goods manufactured $288,000

Ending inventory (72,000)

Total variable cost of goods sold (216,000)

Manufacturing margin $81,000

Variable selling and administrative expenses (40,500)

Contribution margin $40,500

Fixed costs:

Fixed manufacturing costs $12,000

Fixed selling and administrative expenses 10,800

Total fixed costs (22,800)

Operating income $17,700

4 0

2 years ago

Consider the recorded transactions below.

AnnZ [28]

Answer:

1. T-accounts:

Accounts Debit Credit

Accounts Receivable

Balance $4,200

Service Revenue 8,400

Cash 10,200

Accounts Debit Credit

Service Revenue

Accounts Receivable 8,400

Accounts Debit Credit

Supplies

Balance $400

Accounts Payable 2,300

Balance c/d $2,700

Accounts Debit Credit

Accounts Payable

Balance $3,500

Supplies 2,300

Cash $3,700

Balance c/d $2,100

Accounts Debit Credit

Cash Account

Balance $3,400

Accounts Receivable 10,200

Advertising $1,000

Accounts Payable 3,700

Deferred Revenue 1,100

Balance c/d $10,000

Accounts Debit Credit

Advertising Expense

Cash 1,000

Accounts Debit Credit

Accounts Payable

Cash 3,700

Accounts Debit Credit

Deferred Revenue

Balance $300

Cash 1,100

Balance c/d $1,400

Explanation:

a) Data:

General Entries:

Accounts Debit Credit

1. Accounts Receivable 8,400

Service Revenue 8,400

2. Supplies 2,300

Accounts Payable 2,300

3. Cash 10,200

Accounts Receivable 10,200

4. Advertising Expense 1,000

Cash 1,000

5. Accounts Payable 3,700

Cash 3,700

6. Cash 1,100

Deferred Revenue 1,100

b) The beginning balance of each account before the transactions is:

Cash, $3,400

Accounts Receivable, $4,200

Supplies, $400

Accounts Payable, $3,500

Deferred Revenue, $300

6 0

2 years ago

Today, an estimated _____ of the adults in the united states are overweight, with over _____ falling into the obese range.

Shalnov [3]

The answer in the first space provided is seventy five percent while the second space provided is forty one percent, this is a research that has estimated the percent rate of overweight and obesity in the United States during the year of 2015.

3 0

3 years ago

What is pay per click advertising?

Kamila [148]

Pay-per-click is an internet advertising model used to drive traffic to websites, in which an advertiser pays a publisher when the ad is clicked. Pay-per-click is commonly associated with first-tier search engines.

7 0

2 years ago