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3 years ago

A common cost that should not be assigned to a particular product on a segmented income statement is:

Business

1 answer:

Ratling [72]3 years ago

6 0

Answer:

The correct answer to the following question is option B) the salary of the corporation president.

Explanation:

In the given question , all the options except option (B) , would be assigned to a particular product , while segmenting on a income statement. A product advertising cost which a company incurred while promoting the product, the direct material cost which a company while in the production of project and a production managers salary would also be included in the product cost. A corporations president who is in the higher level of management in the company, is responsible for making decisions regarding company's vision , strategy development , public relations etc , his or her salary would not be included in product cost.

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Brangelina Adoption Agency’s general ledger shows a cash balance of $4,593. The balance of cash in the March-end bank statement

aliya0001 [1]

Answer:

$4.542

Explanation:

Bank services fees must be included in balance, as well as interest earned, but checks outstanding no, because they arent paid yet.

So the correct calculation is:

$ 4.593 - $85 + $34 = $4.542

5 0

3 years ago

Alisha and Carolina work at the Flash-Frozen Vegetables factory. The company is short-staffed, and the employees are finding it

gtnhenbr [62]

Answer:

B)Emotion-focused cognitive coping

Explanation:

Emotion-focused coping can be regarded as type of stress management that brings about reduction in negative emotional responses that comes with stress. Some of techniques of emotion focused coping is Distracting one's self from off the issue.

7 0

3 years ago

Gardner Corporation manufactures skateboards and is in the process of preparing next year's budget. The pro forma income stateme

GrogVix [38]

Answer:

C) $729,027

Explanation:

The formula to compute the break even point in dollars amount is shown below:

= (Fixed cost ) ÷ (Profit volume ratio)

where,

Fixed cost = $100,000 + $250,000 + $45,000 = $395,000

And the profit volume ratio would be

= (Contribution margin) ÷ (Sales) × 100

where Contribution margin equal to

= Sales - variable cost

The sales = $1,500,000 × 110% = $1,650,000

Variable cost would be

Direct Material = $250,000 × 112% = $280,000

Direct Labor = $150,000 × 112% = $168,000

Variable overhead = $75,000 ×112% = $84,000

Variable Selling & admin. Exp = $200,000 × 112% = $224,000

Total Variable Overhead = $756,000

Now the Contribution margin would be

= $1,650,000 - $756,000

= $894,000

And, Contribution margin ratio

= $894,000 ÷ $1,650,000 = 54.18181818%

So, the break-even point would be

= $395,000 ÷ 54.18181818%

= $729,027 approx

6 0

4 years ago

Select the correct answer. What economic concept is applied in this statement? By earning higher levels of education, students l

Alchen [17]

The economic concept that is included in this question can be refered to as positive externality.

<h3 /><h3>What is positive externality?</h3>

This has to do with the term that denotes the benefit that a party would have due to the fact that they engaged in an activity.

In this case, a person would be more likely to get more jobs and more appeal to unterviewers because they have more skills.

Read more on positive externality here: brainly.com/question/477170

#SPJ1

7 0

2 years ago

A South American country exports coffee and estimates the demand function to be D(p) = 75 − 3p2. If the country wants to raise r

Allushta [10]

Answer:

South American country should lower price

Explanation:

The elasticity of demand can be computed by finding the derivative of the demand function as D(p)=75-3*p^2

the elasticity of demand=-p*D'(p)/D(p)

D'(p) is the derivative of D(p)

elasticity of demand=-p*d/dp(75-3p^2)/(75-3p^2)

d/dp(75-3p^2)=0-(2*3p^2-1)

=-6p

elasticity of demand=-p*-6p/75-3p^2)

=6p^2/(75-3p^2)

since p=$3

elasticity of demand=6*(3^2)/(75-3(3^2)

=6*9/(75-3*9)

=54/(75-27)

=1.125

Since elastic of demand is greater than 1 , a reduction in price would lead more revenues as more small % change reduction in price would bring about more % increase in quantity demanded

6 0

3 years ago

Read 2 more answers