Answer:
April ending inventory cost= $121,875
Explanation:
As per the data given in the question,
Unit production cost Absorption cost Variable cost
Direct material $15 $15
Direct labor 10 10
Variable factory overhead 7.5 7.5
Fixed factory overhead 5
Total cost $37.5 $32.5
Finished goods inventory = 12,500 - 8,750 = 3,750
Finished goods inventory cost using absorption costing = 3,750 × $37.50
= $140,625
Finished goods inventory cost using variable costing = 3,750 × $32.50
= $121,875
Answer:
C. Management
Explanation:
The Management of an organisation is primarily responsible for preparing the financial statements for that organisations to be consumed by relevant parties including the shareholders, the government and the society at large.
It is the responsibility of the Auditor to ensure that the prepared financial statement shows a true and fair state of the business for the period presented.
A contingent liability is a potential liability that may occur, depending on the outcome of an uncertain future event. A contingent liability is expected to be reported in the financial statement if it is likely to occur and can be reliably estimated.
Since Management is responsible for the preparation of the statement, then the inclusion of contingent liability is its responsibility.
Answer: $615,872.50
Explanation:
The amount the National Health Center will receive is the sum of the future values, 3 years from now, of the annual payments of the fines.
Future value of $100,000 paid 1 year from today:
= 100,000 * (1 + 3.5%)²
= $107,122.50
Future value of $250,000 paid 2 years from now:
= 250,000 * (1 + 3.5%)
= $258,750
Future value of $250,000 paid 3 years from today:
= $250,000
Total is:
= 107,122.50 + 258,750 + 250,000
= $615,872.50
Answer : Product positioning is a form of marketing that presents the benefits of your product to a particular target audience. Through market research and focus groups, marketers can determine which audience to target based on favorable responses to the product.
step by step explanation :
Answer:
The correct answer is behavior.
Explanation:
The economy is perhaps the most important tool used by public administrators, due to the importance in the development of the countries and the growth expectations at a given moment. The behavior of the economy must be widely studied, since the implementation of strategies for the benefit of all depends on it. One of the main fields of action is GDP, which is in the national interest; Another very common one is the unemployment rate, which refers to the occupancy rate of people able to perform a task.
