Answer:
Period costs= $48,960
Explanation:
Giving the following information:
Units sold 1,110
Variable selling and administrative expense $ 7
Fixed manufacturing overhead $18,990
Fixed selling and administrative expense $22,200
<u>Under the variable costing method, the period costs include the fixed manufacturing overhead, selling, and administrative costs both fixed and variable.</u>
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Period costs= (7*1,110) + 18,990 + 22,200
Period costs= $48,960
Answer: When there are intercompany sales of inventory during the year and a three-part consolidation worksheet is prepared, consolidation entries related to the intercompany sales "I. Always are needed."
To correctly reflect the economic reality of the economic group under consideration.
Business Classifieds Section which has advertisements and announcements about local businesses.
Answer: 14.60
Explanation:
The following information are given in the question:
Total assets $760 million
Total liabilities $ 30 million
Total number of shares 50 million
The net asset value will then be calculated as:
= (Assets - Liabilities) / Total number of outstanding shares
= (760 - 30) / 50
= 730 / 5
= 14.60
Answer:
a. The costs of producing a single Blue-ray plaver increases.
Explanation:
Supply curve represents a relationship between the the quantity of a good produced and the price of the good.
In this scenario if the cost of input of or other factors of production increases, the supplier will be forced to increase the price of BluRay CDs while reducing the quantity.
The marginal cost increases resulting in an increase in total cost of BluRay.
This is represented by a shift in supply curve to the left