1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dmitriy555 [2]
3 years ago
12

Which of the following will usually be found on an income statement prepared using absorption costing? Contribution Margin/ Gros

s Margin? A) Yes/ Yes B) Yes/ No C) No/ Yes D) No/ No
Business
1 answer:
chubhunter [2.5K]3 years ago
3 0

Answer:

C) No/Yes

Explanation:

An income statement (profit and loss account) is one of the financial statements of a company and shows the company’s revenues and expenses during a particular period. It indicates how the revenues are transformed into the net income or net profit

Absorption cost is a method of calculating the cost of a product or enterprise by taking into account indirect expenses (overheads) as well as direct costs.

How do you calculate total period cost under absorption costing?

Income statement shows Sales – Cost of Goods sold = Gross Margin (or Gross Profit) – Operating Expenses = Net Income and is based on the number of units SOLD.

You might be interested in
The contact between the breccia and the underlying granite is an example of a(n):____.
3241004551 [841]

Correct option is (b): angular unconformity

The contact between the breccia and the underlying granite is an example of angular unconformity

Breccia is a type of  sedimentary rock which is composed of large angular broken fragments of minerals or rocks cemented together by a fine-grained matrix.

In the Italian language ,Breccia word means "rubble". A breccia may have a variety of different origins, as indicated by the named types including sedimentary breccia, igneous breccia, impact breccia, tectonic breccia and hydrothermal breccia.

Granite is a coarse-grained intrusive igneous rock  which is composed of quartz, alkali feldspar, and plagioclase. It forms from magma with a high content of silica and alkali metal oxides that slowly cools and solidifies underground

To know more about breccia here:

brainly.com/question/15185919

#SPJ4

5 0
1 year ago
Generally speaking, oligopolistic industries producing raw materials and semifinished goods usually offer differentiated product
LenaWriter [7]

Answer:

B) False

Explanation:

The correct phrase should be:

Generally speaking, oligopolistic industries producing raw materials and semifinished goods usually offer standardized products, while oligopolists producing consumer goods usually offer differentiated products.

An example of an oligopolistic industry that we all know about is the car industry. There are very few car companies in the world since only very large companies can actually manufacture cars. Car companies offer differentiated products.

8 0
3 years ago
You have been given the choice to invest $1,200 each year in an account that is expected to pay 3 percent per year or you can in
gregori [183]

Answer:

$4872.48

Explanation:

future value = amount x annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

r = 4% - 3% = 1%

1200 x [(1.01)^4 - 1] / 0.01 = $4872.48

8 0
2 years ago
Account got deleted! Add me!!
Step2247 [10]

Answer:

The descriptions that best characterize the young Dr. Jekyll include the following:

1.  -He was famous.

2.  -He was rich.

3.  -He was in excellent shape.

Explanation:

He was an eccentric Dr who was researching on the possibility of discovering a drug that will help mankind. During his research, he noticed that, when ever he take a particular drug, it alters his personality and body which would bring out the darkest thoughts in him.

<em>The more he took the drug, the more him slips into darkness and destruction which always makes him sober after transforming back to his normal personality.</em>

4 0
3 years ago
How is the architecture career pathway different from the construction pathway?
UkoKoshka [18]
The difference is in point <span>3. Architecture involves the design process, considering the function and safety of the project. 
The architectural designers only need to put their mind on the angle of the building, the aesthetic theme of the building and the functional factors of the building and their role is finished as soon as the building process begins.
</span>
5 0
3 years ago
Other questions:
  • Suppose a pizza parlor has the following production​ costs: ​$4.004.00 in labor per​ pizza, ​$2.002.00 in ingredients per​ pizza
    11·2 answers
  • George has been working as a laborer at a construction company for five years. He is very diligent on the job and has never been
    13·1 answer
  • ________ is defined as a market outcome in which the marginal benefit to consumers of the last unit produced is equal to the mar
    12·1 answer
  • Riley Market, Newton Grocers, and Barlow Pantry are grocery stores. During physical inventory, Riley remains fully open, while N
    15·1 answer
  • A sedentary lifestyle is one that is characterized by high levels of physical activity.
    14·1 answer
  • Kenneth purchased a car from his local dealership, Quartent Cars. However, since the car was not available in the color that Ken
    5·1 answer
  • Mel suddenly finds an opportunity to sell boxed dinners. The new opportunity would require the use of the 30 percent unused capa
    5·1 answer
  • Acompany that is rated by both product and function is using organization B Hierarchia C. Marked Please select the best answer f
    5·1 answer
  • On January 1, 2018, Gibson Corporation entered into a four-year operating lease. The payments were as follows: $20,000 for 2018,
    5·1 answer
  • True or false? the patient should be given a receipt for payments on account even if the account is not paid in full.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!