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3 years ago

Which of the following statements is true?

Business

1 answer:

Ivan3 years ago

7 0

Answer:

Statement b. is True

Explanation:

When using variable costing method, all the costs which are variable in nature is charged based on per unit basis and is not periodic in nature, as depends o quantum of production and sales.

While considering fixed cost, it is considered periodic in nature as this does not depend on quantum of production or quantum of sales, as this is fixed in terms for a period it is periodic in nature, and is treated unavoidable even at a level where no units are produced.

Thus, Statement b. is True.

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In December, a company signed a contract with a regular customer to sell products for $100,000. In January, the company received

REY [17]

Answer: In January, when the products are delivered.

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1 year ago

Grandin Inc. is evaluating its dividend policy. It has a capital budget of $625,000, and it wants to maintain a target capital s

Anestetic [448]

Answer:

47.37%

Explanation:

The capital budget is $625,000 out of which 40% is equity and the rest 60% is debt. The company forecasts the net income for the year to be $475,000. Grandin Inc. follows residual dividend policy and pays out all the residual income to its shareholders as dividend.

The portion of equity in the capital budget is $625,000 * 40% = $250,000

The net income potion which will be attributable to equity shareholders is

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3 years ago

What are two examples of food products that a roux would be used as a base of the recipe?

Ugo [173]

Gumbo and and Oyster Pie.

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3 years ago

When pete mills went to withdraw $5,000 from the nationwide fidelity mutual fund, he was informed that the fund would charge 5 p

ki77a [65]

250$ is 5% of $5000
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3 years ago

Assume that abby, ben, clara, joe, and matt are the only citizens in a community. A proposed public good has a total cost of $10

STatiana [176]

Answer: In a majority vote, this proposal will most likely be accepted.

Explanation:

The cost of the proposed public goods is $1000, which will be shared equally among the 5 people. So, per person share on the provision of public good will be,

$=\frac{1000}{5}$

$=$200$

Since, Abby, Ben and Clara value the good more than the cost they will vote in favor of the provision. But Joe and Matt value it less than the cost so they will vote against the provision.

Value to Abby is $220 which is greater than $200.

Value to Ben is $210 which is greater than $200.

Value to Clara is $210 which is greater than $200.

Value to Joe is $180 which is less than $200.

]Value to Matt is $120 which is less than $200.

So since 3 people out of 5 vote in favor of the proposal, the public good will be provided.

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3 years ago