Answer:
amount of period costs is 70000
Explanation:
given data
Direct Materials = $120,000
Direct Labor Incurred = 60000
Overhead Incurred = 10000
Selling Expenses=50000
Administrative Expenses = 20000
to find out
amount of period costs
solution
we know here that period costs for year is the sum of Selling Expenses and the Administrative Expenses in a year
so it will be
amount of period costs = Selling Expenses + Administrative Expenses ...........1
put here both value in equation 1
amount of period costs = 50000 + 20000
so amount of period costs = 70000
Answer:
AP North Company
Income statement for the year ended December 31, 2020
Amount in $'000
Sales 2,250
Cost of goods sold <u> 1,250</u>
Gross profit 1,000
Operating expenses
Selling and administrative expenses (300)
Non- Operating or others
Interest expense <u> (10) </u>
Net Income/(loss) before income taxes 690
Income taxes <u> (200)</u>
Net Income/(loss) after income taxes <u> 490 </u>
Explanation:
A multi-step income statement is one in which the elements of incomes and expenses are grouped into operating and non-operating heads.
Operating income and expenses are those that are directly related to the ordinary activities of the entity.
I would not change any specific company accounts before you in order to increase the company's figures.
<h3>
What is an accountant?</h3>
- An accountant is a person who practices accounting or accountancy.
- Accountants who have passed their professional associations' certification tests can use titles like Chartered Accountant, Chartered Certified Accountant, Certified Public Accountant, or Registered Public Accountant.
- Statute grants such professionals certain responsibilities, such as the ability to certify an organization's financial statements, and they may be held liable for professional misconduct.
- Non-qualified accountants may work for a qualified accountant or independently, with no legislative privileges or obligations.
As I am 100% honest with my work and work under ethics so I would not change any specific company accounts before you in order to increase the company's figures.
Therefore, I would not change any specific company accounts before you in order to increase the company's figures.
Know more about company accounts here:
brainly.com/question/24553900
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Answer: 1 quarter
Explanation:
Margaret worked and earned for the period of January, April and December respectively. Since 3 months make 1 quarter, she actually worked and earned for 3 months which equals 1 quarter of coverage.
Answer:
Explanation:
So, the hypothesis is:
H0 : p = .48 versus Ha : p≠ .48
check the picture attached for more explanation