Answer:
it is at sea level because 0 meters above sea level indicates that it has not changed from sea level
Answer:
1.
$5,200 a fixed manufacturing overhead cost is included in the company's inventory at the end of last year.
2.
Income Statement is Prepared in an MS Excel File Attached With this answer Please find it.
Step-by-step explanation:
1.
Fixed Manufacturing Overhead = Total Fixed manufacturing Overhead x Units in ending inventory / Units produced
Fixed Manufacturing Overhead = 65,000 x 20 / 250 = $5,200
2.
File Attached.
There is a Difference of $5,200 in net operating income between the two costing methods. The amount of fixed asset assigned to closing inventory.
A variable next to any number means to multiply, so we would do the inverse operation -- We would divide 0.48 by 0.6, which is 0.8. Therefore, W=0.48. To check your work, multiply 0.6 by 0.8, and what do you know? It's 0.48! :)
To get a decimal form of a fraction, divide the numerator by the denominator.
7/8 = 0.875
