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serg [7]
3 years ago
11

S&P Enterprises sold 10,000 units of inventory during a given period. The level of inventory of the manufactured product rem

ained unchanged. The manufacturing costs were as follows: Variable Fixed Unit manufacturing costs of the period $11.00 $7.00 Unit operating expenses of the period 3.00 2.50 Which of the following statements is true?a. Net income will be the same under both variable and absorption costing. b. Net income under variable costing will be $45,000 less than net income under absorption costing c. Net income under absorption costing will be $40,000 more than under variable costing. d. The difference in net income cannot be determined.
Business
1 answer:
nignag [31]3 years ago
8 0

Answer:

Option A Net income will be the same under both variable and absorption costing.

Explanation:

The condition here given is:

Production Units = Sales units

Now under such conditions their is no finished goods and all the fixed costs are absorbed in the units produced in the absorption costing which means all the fixed production costs are part of the cost of goods sold.

In variable costing system, the fixed costs are not absorbed in the units and deducted as period cost.

So this means no cost is left which is not deducted from the revenue and this gives us net income that is same amount when we either use variable costing or use absorption costing. But remember that this is only possible when the production units are equal to sales units.

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True, usually the earlier you invest the more money you will get later down the road.  

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A justification for job training programs is that they improve worker productivity. Suppose that you are asked to evaluate wheth
patriot [66]

Explanation:

1. The ceterus paribus effect gives us to what extent, the effect of a variable has on another variable, while holding all other factors fixed. Analysing job training of workers on productivity will give us results that are not biased since we will not be taking account of other factor variables in the calculations. When 2 firms are the same in almost every aspect apart from number of hours on training, then we will find out that each firm would have different levels of workers output. So we should know if workers output increases due to job training.

2. When it comes to provision of training, furms do these based on characteristics of the workers. Some of these characteristics are measurable while some are immeasurable

Measurable:

Experience on the job,

Productivity

Level of education,

immeasurable :

Skill set

Vision

Likeliness to bstay at firm

3. Apart from worker characteristics, productivity also depends on other factors one of which is technological change. A technological change can bring about increased efficiency and greater output by the worker. Different firms using different capital and technological combination are quite likely to have different output levels.

4. A positive correlation between job training and productivity cannot be used to ascertain if job training makes worker more efficient this is due to the fact that correlation only tells us if variables are in coexistence. So a positive correlation does not tell us that job training is indeed bringing about changes in the productivity of workers.

8 0
3 years ago
What changes the value of the dollar?
kodGreya [7K]

There are a number of factors that changes the value of the dollar; whether in favor or not.

  • The country's monetary policies
  • Demand for dollar
  • International trade
  • Economic growth
  • Inflation

<h3>What causes a change in dollars value?</h3>

The value of dollars appreciate or depreciate when;

The demand for dollar is high or low. For example, the global community usually want their investment secured with a stable currency. Some of them prefer their investments in dollars. This means that the demand for dollars increases and also it value appreciates. If people don't demand for dollars, and the country has little investors, the dollar depreciates.

Learn more about value of dollars here;

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1 year ago
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How is the balance sheet used to record amortization and why might it be useful as coupon payments are made?
MrMuchimi

Answer:

An intangible asset's annual amortization expense reduces its value on the balance sheet, which reduces the amount of total assets in the assets section of the balance sheet. This occurs until the end of the intangible asset's useful life.

Explanation:

4 0
3 years ago
Partners, LLC members and S Corporation shareholders are not taxed on the amount they withdraw from the entity in a nonliquidati
kati45 [8]

Answer:

Partners: True

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Explanation:

When dividends are withdrawn from a business tax is only due on a S Corporation because the tax paid for the profits of an organization is not by the stockholder withdrawing the dividends which is why when dividend is withdrawn the tax is to be paid.

When dividends are withdrawn in a partnership or and LLC then no tax is payable as tax is already paid on the profits made by the business that is why dividends are not taxable when withdrawn.

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