Answer: $1,900 less than under absorption costing.
Explanation:
The ending inventory of finished goods under variable costing is the difference in carrying value of ending finished goods inventory.
That is calculated as,
Difference in Carrying Value of Ending Finished Goods Inventory = Unit fixed Manufacturing Overhead * Change in Inventory in Units
The Unit Fixed Manufacturing Overhead as implied is the fixed Manufacturing Overhead per unit
Calculated therefore as,
Unit fixed manufacturing overhead = 129,010 / 6,790
= $19
Now that we have that, we can refer back to thw first formula,
Difference in carrying value of ending finished goods inventory = Unit fixed manufacturing overhead * Change in inventory in units
= 19 × (6,790 - 6,690)
= $1,900
The carrying value on the balance sheet of the ending inventory of finished goods under variable costing would be $1,900 less than under absorption costing.
The term when hotels turn guests away because their rooms are overbooked is called “walking” or “walked”.
Overbooking is <u>a situation where a business sells a good or service when the supply for this transaction is actually not available</u>.
Overbooking can happen when current guests increase their stay without further notice or when a room is not proper for a guest to stay in. It can also happen when hotels purposefully gave a room during busy seasons to more than one guest – thinking that perhaps one of them might cancel.
Answer:
The answer is E. compensates investors for expected price increases.
Explanation:
Inflation premium arise from that, investors holding nominal assets
are exposed to unanticipated changes in inflation.
Answer:
The answer is <u>A. The Muffler</u>
Explanation:
The first muffler for cars was designed in 1897.
The function of the car muffler is to slow down the speed of movement of the exhaust gases, which helps to smooth the movements of the engine, reduce the temperature of the gases and reduce the emissions of substances that are harmful to the environment.