Answer:
- what amount should Dart report as total revenues?
B. $250,000
Explanation:
The option B is the answer because the others option are not part of revenues during the year to the single step income.
The recovery of accounts written off are not part of revenues, it's an adjustment to the allowance for uncollectible accounts.
Then, the Purchase discounts is not part of revenues either, this kind of discounts goes directly to the valuation of inventory and then to the cost of goods.
Answer:
$76,260
Explanation:
Calculation to determine the total period cost for the month under variable costing
Using this formula
Total Period cost = Variable selling and administrative cost + Fixed manufacturing overhead + Fixed selling and administrative cost
Let plug in the formula
Total Period cost = ($14 × 1,760) + $18,180 + $33,440
Total Period cost =$24,640+$18,180 + $33,440
Total Period cost =$76,260
Therefore the total period cost for the month under variable costing is $76,260
Answer:
C
Explanation:
If you do hours X units and then put it on the end of the Variable you get C. Hope this helped #brainiest
Answer:
variable cost per unit = 46
fixed cost 188680
Explanation:
The high-low method consist in compare each frame to get the variable and fixed components
5440 high
2040 low
3400 difference
437920 high
281520 low
156400 difference
variable cost =15600/3400
variable cost = 46
the reasoning is that the additional 3400 units generated that cost.
Now:
we múltiple by the units by the production and get total variable
46 * 2040 = 93840 total variable
lastly total cost - total variable = fixed
281520 - 93840 = 188680
Laissez faire model was inspired by John Stuart Mill's book "Principles of Political Economy" (1848). This model states that the government should not be heavily involved in the market, and should have a hands off approach.
I hope this helped! :)