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liraira [26]
3 years ago
11

3 examples of Specialty products

Business
1 answer:
Umnica [9.8K]3 years ago
5 0
Papirus Moon Sun Thanks for read!
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Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Tpy6a [65]

The net operating income as per the variable costing method is $14500

<u>Explanation:</u>

The unit product cost is = $18 + $10 + $4 = $32

Sales revenue ( $78 multiply with 8700 units) = $678600

Variable cost:

Variable cost of goods sold ( 8700 units multiply $32) = $278400

Variable selling and administartive (8700 units multiply $5) = $43500

contribution margin = $356700

fixed manufacturing overhead = $255200

Fixed selling and adminstrative expenses = $87000

Net operating income = $14500

<u>Note:</u> contribution margin is calculated after deducting sales revenue with variable cost

8 0
3 years ago
Allegheny Company ended Year 1 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $74,000 and $3,900, r
Nadya [2.5K]

Answer:

The 9,300 should Allegheny report as Uncollectible Accounts Expense on its Year 2 income statement

Explanation:

The non-collectible accounts expenses on its Year 2 income statement is shown below:

= Ending balance + write off balance - opening balance

= $6,000 + $7,200 - $3,900

=$9,300

The accounts receivable is not to be considered because we have to find out the uncollectible accounts expense, so the account receivable balance should not be taken in the computation part.

Hence, the 9,300 should Allegheny report as Uncollectible Accounts Expense on its Year 2 income statement

5 0
3 years ago
A family you are working with speaks English, but their native language is Korean and they have stated that it is much easier fo
ch4aika [34]

Answer:

informed consent

Explanation:

Based on the information provided, this is a violation of informed consent. This is because informed consent can only be granted when the individual signing the consent forms COMPLETELY understands and accepts the information presented in the forms. In this scenario, the family may speak English but since their native language is Korean and the consent forms are not offered in Korean there is a large possibility that some of the information may not be fully understood by the family. Thus they are not fully informed when signing.

7 0
3 years ago
Lemony lemonade has​ 3,200 gallons of lemonade in wip​ inventory, with​ 76% of materials already added. The lemonade is​ 50% thr
rosijanka [135]

Based on the process that Lemony Lemonade uses to make lemonade, the equivalent units for conversion​ costs is 1,600 units.

<h3>What equivalent units are for conversion costs?</h3>

This can be found as:

= Number of units that are WIP x Percentage of completion

Solving gives:

= 3,200 x 50%

= 1,600 units

Find out more on equivalent units at brainly.com/question/16259709

#SPJ1

4 0
2 years ago
What elements must be present for fire to exist?
liraira [26]

Answer:

Matches, and log wood I'm guessing

7 0
3 years ago
Read 2 more answers
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