Answer: $290,000
Explanation:
Flexible budget for 20,000 tons:
Fixed manufacturing costs (Period costs constant irrespective of tons produced) $50,000
Variable manufacturing costs
($12 × 20,000) $240,000
Total Manufacturing costs for 20,000 tons will be:
$50,000 + $240000 = $290,000
Note: Variable costs varies based on the number of units produced whereas Fixed costs are the period costs that are constant irrespective of units produced.
Answer:
Branding is Endowing products and services with the power of a brand
Explanation:
Branding is a market practice in which a company creates a name, symbol or design that is easily identifiable as belonging to the company. This helps to identify a product and distinguish it from other products and services. so branding is important.
Answer:
China remains the world’s largest automotive manufacturing country and automotive market since 2009. Annual vehicle production in China accounted for over 30 percent of worldwide vehicle production, which exceeds that of the European Union or that of the United States and Japan combined.
Explanation:
I found this on a website called statista.com I couldnt find why i am sorry
Answer:
c. Partnership losses may be carried forward indefinitely.
Explanation:
Regarding taxes, the IRS treats partnerships as pass through entities, therefore, if the partners are not able to use the partnership's loss (or losses) to offset any tax basis in their current income statements, they can carry them forward indefinitely (at least theoretically). This can be done until their tax basis is sufficient to offset the losses generated by the partnership.
Answer:
Final cost of Inventory $3,845.30
Explanation:
Calculation for the JC Manufacturing's final cost of the inventory that it kept
JC Manufacturing's final cost of inventory
Purchase Cost of inventory $4,900
Less Purchase returns and allowance ($1,470)
(30%*$4,900)
Less Purchase return ($14.70)
(1%*$1,470)
Add freight in $430
Final cost of Inventory $3,845.30
Therefore the Final cost of Inventory will be $3,845.30