Answer: $24,000
Explanation:
Operating income under absorption costing:
= Sales - Cost of goods sold - Selling and admin expenses
Cost of goods sold = Variable production cost + Fixed production cost
= (61 * 1,000 units sold) + (32,000 / 1,500 units produced * 1,000 units sold)
= $82,333
Selling and admin expenses:
= Variable + Fixed
= (6 * 1,000) + 8,000
= $14,000
Operating income = (120 * 1,000) - 82,333 - 14,000
= $23,667
= $24,000
Answer:
True
Explanation:
In the world of weight loss, there are TONS of diet plans out there. Some work. Some don’t. You can count calories. Or points. Or carbs. Or you can track one of the most countable elements: macros. Macros or “flexible dieting” is all the rage, but is it a proven method to healthy living? Here’s the skinny on macro counting
hope it helps you:)
Answer:
The answer is given below;
Explanation:
a. Bad Debt Expense Dr.$800
Account Receivable Cr.$800
b. $84,000*11%= $9,240
Credit balance in trail balance ($1,450)
Total $7,790
Bad Debt Expense Dr.$7,790
Account Receivable Cr.$7,790
C. Debit Balance $400
84,000*9%= $7,560
Total $7,960
Bad Debt Expense Dr.$7,960
Account Receivable Cr.$7,960
Answer:
Turn the company into a public Enterprise.
Explanation:
Among options, the option to turn the company into a public enterprise is the most viable, thanks to the advantages of Public Enterprises including:
• Charges low prices.
• Provide essential facilities like education, health, free or at reduced prices.
• Ensures efficient control of industry.
• Expert administrative services.
• Money can be made available for R&D
• Private monopoly which would cause high prices is avoided.
• Foreign denominations of the economy are avoided.
In which, “money can be made available for R&D” is critical objective of government.
Answer:
A. outflow of financial capital
Explanation:
A trade deficit means more money is leaving the country to purchase imports than is entering the country to purchase exports. There is a net flow of financial capital out of the country.
__
Whether goods and services flow in or out depends on the nature of the trade. A trade deficit can also be created when residents spend money in a foreign country while on travel there. No goods or services actually cross a border in that case.
