Answer:
fixed overhead is accounted for
Explanation:
The difference between reported net income on variable costing and absorption costing income statements is based on how:fixed overhead is accounted for
Answer:
correct answer is b. $444,000
Explanation:
given data
acquired = 40%
voting stock = $420,000
2020 Park earned = $120,000
2021 Park earned = $160,000
paid dividends = $50,000
paid dividends = $40,000
sold half of its stock in Park = $275,000
solution
we get here Balance at December 31 2020 that is express as
Balance at December 31 = Acquisition price + share in net income-share in dividend .........................1
put here value we get
Balance at December 31 = 420000 + (120000 × 0.4) - (60000 × 0.4)
Balance at December 31 = 444000
so correct answer is b. $444,000
Germany, Austria-Hungary, Ottoman Empire and Bulgaria.
<span>In the product development process, the stage of concept testing is followed by product development. The product must actually be in existence before market testing can be conducted. So, in this process, product development is in between concept testing and market testing.</span>
Answer: Target Costing
Explanation:
Target Costing is a method of costing on a product done while it's still being produced to determine the best price at which the product can be sold that would be able to compete with price of other similar products in the market and still make profit for the company.
RTP Corp needs to apply target costing for it's new computer processor in order for it to be profitable and beat the price of other processors in the market.
