Answer:
A) Increase Decrease
Explanation:
As we know that
Mixed cost is the combination of both fixed cost and the variable cost
Mixed costs are costs in which one component of cost is Fixed and the other component is variable
In equation form,
Mixed cost = Fixed cost + variable cost
In the case of variable cost, the per unit would remain the same and it increased when production increases
But the fixed cost amount would remain the same but if the production rises the per unit declines
Similarly, Fixed costs remain the same in Total and decreases per unit with increase in production
Therefore option A is correct
Answer:
The correct answer is letter "B": after the financial statements are prepared.
Explanation:
A closing entry is a journal entry after the preparation of the financial statements, at the end of an accounting period. This closes a temporary account and moves all the information either to a permanent balance sheet or to the income statement. Temporary accounts include revenue, expenses, and dividends and must be closed at the end of the year.
Liability insurance covers damage to the insured vehicle that occurs as a result of anything other than collision. This can be as a result of Mother Nature, fire or vandalism. Most insurance policies include hitting a deer<span> under the comprehensive insurance rather than collision. This can cause confusion.</span><span>
Collision insurance covers damage that occurs as a result of a collision with another vehicle or object. This coverage applies regardless of who is at fault in the accident. Collision coverage will handle damage from hitting a post, tree, curb or other various objects.
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23% decrease.
We can do this by simply dividing 1,650,000 by 2,150,000. That would give us 0.7674. Multiply that by 100 and you have 76.74%.
However, this is the percent amount of how 1,650,000 is out of 2,150,000. So, we need to simply minus this answer by 100 to get 23.26, or 23%.
