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marishachu [46]
4 years ago
6

Variable costing treats fixed overhead cost as a period cost. a. True b. False

Business
1 answer:
LenaWriter [7]4 years ago
4 0
True. Variable costing treats fixed overhead cost as a period cost. 

A variable cost changes with the number of units that are put out.
Overhead cost (which is ongoing) refers to what it takes to run the business or product the product. 
A period cost refers to a cost that is linked over time for a transaction, not constant. 
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The sum of two numbers is 21. the large number is 6 less than twice the smaller number
rosijanka [135]
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(x - y) = 2x - 6
Rewrite the first equation so that y = 21 - x
Now substitute y in the second equation, and solve for x.
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3 years ago
Belinda was involved in a boating accident in 2019. Her speedboat, which was used only for personal use and had a fair market va
Katen [24]

Answer: $200

Explanation:

To qualify as a Casualty loss, the event that led to the damage or destruction must have been unexpected such as an accident, hurricane, fire etc.

When calculating for the Casualty loss deduction, we simply deduct the money received from the insurance from the Adjusted basis,

Casualty loss deduction = Adjusted basis - Cash received from the Insurance company

= $14,000 - $10,000

= $4,000

Since it is After any limitations, we also deduct a cost per event floor of $100 and 10% of the AGI

=4,000 - 100 - (37,000*0.1)

= $200

Belinda's casualty loss deduction (after any limitations) is $200.

3 0
3 years ago
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cupoosta [38]
<span>LET IT BE NAKED was a reissue of a 1970 Beatles album was released on November 18, 2003, featuring alternate takes and mixes. </span>
4 0
3 years ago
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Andre45 [30]
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The salesman is likely relying on the reciprocity social norm to help persuade tracy to buy a car.

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8 0
4 years ago
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It should be noted that the indenture list provides the details of a bond. It helps in ensuring transparency. Therefore, the legal contract between the bondholders and the issuer is called the bond indenture.

Read related link on:

brainly.com/question/25562729

4 0
3 years ago
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