Answer:
Unit cost 82
Explanation:
Vaiable cost per unit:
materials 49
Labor 28
Variable OH 5
Unit cost 82
<em>The variable selling and administrative expense</em> will be listed in the income statemnt as part of the variables cost to determinate the contribution, but it is not part of the production cost, <u>it doesn't activate through inventory.</u>
The answer that best fits the blank provided above is the term AGENTS. Agents are different from merchant wholesalers in terms of possession of the goods. What agents do is the facilitation of the process of the distribution of goods and they do not have any goods on hand.
Answer:
$468 million
Explanation:
The computation of the net international investment position is shown below;
= value of foreign owned assets - Value of U.s owned asset abroad
= $17,984 - $17,516
= $468 million
We simply deduct the two items from each other so that the net international investment could come
hence, the same would be considered
Answer:
update anomaly
Explanation:
Based on the information provided within the question it can be said that in this scenario it seems that you have just created an update anomaly. This term refers to a inconsistency in the data that was created due to data redundancy or the input of a partial update in the document. Which is what you have done by not updated all three of the columns that required the update.
Answer:
As a disclosure only. No liability is reported
Explanation:
According to the International Accounting Standard IAS 37 Provisions, Contingent Liabilities and Contingent Assets, contingent liability can only be recorded if the likelihood of recording of the loss is reasonably probable and in this case the chances of occurence of the liability is reasonably possible which must not be recorded. The only effect would be disclosing the litigation matter and not including the liability amount that will arise if it goes wrong.
