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3 years ago

7

Sue earned $21,000 at her waitress job last year; she also made $7,000 in tips. in addition, sue earned $95 interest on her savi

ngs account and received a $500 gift from her father. find sue's gross income for the year.

1 answer:

kobusy [5.1K]3 years ago

5 0

Her gross income for the year would be $28,595

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The correct answer is Tax free.

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2 years ago

Assumes ABC Company had 50 units in beginning Finished Goods Inventory and sold 1,213 units. Additional data includes: Units pro

worty [1.4K]

Answer:

Dollar amount of ending Finished Goods Inventory = $1,073

Explanation:

The first step is to calculate the cost per unit.

Using absorption costing, the cost of one unit is

Cost per unit = direct materials + direct labor + variable manufacturing overhead + fixed manufacturing overhead per unit.

$Cost = 12 + 8 +2 + 7\\Cost = 29$

Now, the number of units left in inventory should be defined

Finished Goods Inventory (FGI) = Beginning Finished Goods Inventory + Units produced - units sold

$FGI = 50 +1200 - 1213\\FGI = 37$

The dollar amount of ending Finished Goods Inventory is FGI multiplied by the cost per unit.

$37*29 = 1,073$

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3 years ago

What is the most important component of excellence in customer service?

dmitriy555 [2]

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3 years ago

Suppose that you have been given a summer job as an intern at Issac Aircams, a company that manufactures sophisticated spy camer

Viefleur [7K]

Answer:

Product cost are cost incurred in the manufacturing of a product while period cost are cost incurred for a period irrespective of the manufacturing activity.

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Classification: Product cost

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3 years ago

A monopolist's maximized rate of economic profits is $2 comma 700 per week. Its weekly output is 900 units, and at this outpu

LuckyWell [14K]

Answer:

Average total cost= $46

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3 years ago