Answer:
Absorption Cost $192,000
Variable Cost $52,000
Explanation:
Areojet Corporation
Absorption Costing
Unit Product Cost
Direct materials 40,000
Direct labor 10,000
Variable manufacturing overhead 2,000
Fixed manufacturing overhead $ 140,000
Absorption Cost $192,000
Areojet Corporation
Variable Costing
Unit Product Cost
Direct materials 40,000
Direct labor 10,000
Variable manufacturing overhead 2,000
Variable Cost $52,000
Incoterms provide clarity on the responsibility for which activity associated with an international shipment--<u>- Incoterms cover all of these activities.</u>
<h3>What's meant by incoterm?</h3>
Incoterms, extensively- used terms of trade, are a set of 11 internationally honored rules which define the liabilities of merchandisers and buyers. Incoterms specify who's responsible for paying for and managing the payload, insurance, attestation, customs concurrence, and other logistical conditioning.
<h3>What's Incoterms rule?</h3>
The Incoterms rules are a encyclopedically- recognised set of norms, used worldwide in transnational and domestic contracts for the delivery of goods. The rules have been developed and maintained by experts and interpreters brought together by ICC. They've come the standard in transnational business rules setting.
Learn more about Incoterms :
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Answer: 0%
Explanation:
The $20,000 contribution to the variable annuity is not taxed and neither is the gain, at least not yet.
With the variable annuity, the gains/earnings will be tax-deferred and the customer will only have to pay taxes when they withdraw the contributions.
When this happens they will be charged at the normal income tax rate.
Answer:
C) Decrease the acid-test ratio
Explanation:
The quick ratio is also called acid test ratio. It is a liquidity ratio that measures level of liquid assets of a business.
That is the amount of cash or near cash assets it has to settle it's current debt.
Mathematically
Quick ratio = (Current assets - Inventory) ÷ Current liabilities
If cash (current asset) is used to buy Inventory. Cash will reduce and inventory will increase.
The value of (Current asset - Inventory) reduces.
As the numerator in the ratio reduces, the quick ratio also reduces.
Answer:
Classical
Explanation
Classical view point in management is very essential because it brings about increase in productivity, it involves making use of scientific method as well as job specialization among the employee to achieve common goal of the organization.
It should be noted that Classical viewpoint regards the organization as arrangements of interrelated parts that operate together to achieve a common