Answer:
It will remain at the same level.
Explanation:
the contribution margin will be the same.
Because under variable cost, we only focus on the variable cost to determinate the unit cost. Which doesn't change at unit level.
contribution margin = sales - variable cost.
<u>If we use absorption cost,</u> the <u>cost would decrease</u>, because the fixed cost are distribute over more units. <u>This will increase the income</u>. However this is not the case.
Answer: Are you bored because i am
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Answer:
John should include $1,600 as rental income on his Year 4 tax return as a result of the $2,000 payment.
Explanation:
As a cash-basis taxpayer, John's taxable income is based on the actual cash receipts and payments made in the accounting period. The refundable part of the rent should not be included as rental income since it is a security deposit that would be returned at the end of the lease period. If John were an accrual-basis taxpayer, the rental income to be included would have been only $800 representing income for Year 4.
Answer: (C) The production of non durable consumer goods is more stable than the production of durable consumer goods over the business cycle.
Explanation:
The consumer durability of the goods has the significant life span and the production of the non durable goods of the consumer are basically purchased for the immediate consumption over the business cycle so that is why it is more stable as compared to the production of the durable goods.
The example of the durable consumer goods are smartphones, furniture and the other household appliances. On the other hand, the non durable consumer goods are more stable as it contain daily use material like food, clothes and beverages.
Don's monthly social security benefit is $772.73.
Let Don's monthly social security benefit be 'x'.
Don and Maria's monthly drawing from Savings =$500.
Maria's social security = 120% of Don's social security.
Total income = $2200.
So,
