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BaLLatris [955]
4 years ago
14

Last year, gordon company sold 20,000 units of its only product. if sales increase by 20% in the current year, how will unit var

iable cost and total fixed cost be affected? unit variable cost total fixed cost
a.remains constant remains constant
b.increases decreases
c.decreases remains constant
d.remains constant decreases
e.remains constant increases
Business
1 answer:
Anna71 [15]4 years ago
6 0

<span>With the information given above, taking into account the sales of the previous year ($20,000) and assuming that the sales for this current year will go up by 20%, the total variable cost will decrease and the total fixed cost will remain constant.</span>

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5 0
3 years ago
Lopez Corporation incurred the following costs while manufacturing its product.
grandymaker [24]

Answer:

$358,150

Explanation:

Cost of goods manufactured is calculated in a Schedule of Manufacturing Costs as follows :

Cost of goods manufactured = Beginning Work In Process + Total Manufacturing Costs - Ending Work In Process

where,

Total Manufacturing Costs :

Materials used in product              $124,260

Depreciation on plant                     $69,650

Property taxes on plant                   $21,750

Labor costs of assembly-line        $120,570

Factory supplies used                     $25,810

Total                                               $362,040

therefore,

Cost of goods manufactured = $13,700 +   $362,040 - $17,590 = $358,150

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3 years ago
Lean Accounting Modern Lighting Inc. manufactures lighting fixtures, using lean manufacturing methods. Style Omega has a materia
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8 0
3 years ago
Delicious Coffee Company hires Elton to sell Delicious’s products in a certain area. Delicious agrees to pay Elton a salary, plu
Ket [755]

Answer:

The control Delicious has over the details of the work

Explanation:

The key factor refers to the most prominent reason which proves a fact in the most convincing manner.

In the given case, Delicious coffee company has hired Elton to sell products in an area and have determined his compensation in the form of salary, commission and other benefits.

Also the terms of selling by which Elton must abide by have been mutually agreed upon between the parties.

The key factor which determines that Elton is Delicious's employee is governed by the extent of control Delicious (Employer) exercises over the details of his work i.e how the employer controls his work and tasks.

The key factor would also be reflected in Elton's acts relating to his performance of the job.

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4 years ago
bought a machine on January 1, 2022. The machine cost $180000 and had an expected salvage value of $26000. The life of the machi
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Answer:

$38,500

Explanation:

The computation of the depreciation expense  is shown below:

a) Straight-line method:

= (Original cost - residual value) ÷ (useful life)

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