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Ivenika [448]
3 years ago
14

Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations

Business
1 answer:
DochEvi [55]3 years ago
5 0

Answer:

c) $ 24,200

Explanation:

Computation of Total Period costs

Fixed selling and Administrative expenses                       $  8,800

Variable Selling and Administrative costs

$ 7 per unit * 2,200 units sold                                            <u>$ 15,400</u>

Total period costs                                                                $ 24,200    

The fixed manufacturing overhead is part of manufacturing costs so not considered.

The variable selling and administrative costs are based on units sold and not units produced.

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Multinational companies (MNCs) have found that cross-functional coordination results in people spending more time within their f
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Answer:

B) False

Explanation:

Cross functional coordination in large corporations results in employees spending less time within their functions resulting in they being less knowledgeable about what happens in their areas.

Cross functional teams are made up of people that possess different functional expertise. They generally work together only for specific projects and then they return to their normal activities or are assigned to new projects. But while they are working in the cross functional teams they are generally absent from their normal activities.

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3 years ago
The acquisition costs of property, plant, and equipment do not include: a. The ordinary and necessary costs to bring the asset t
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Answer:

Maintenance costs during the first 30 days of use

Explanation:

As we know that

The asset are classified into three types i.e current asset, fixed assets, and the intangible asset

The fixed asset is also known as a long term asset which includes the plant & machinery, land & building, furniture & fixtures, etc

In addition, the purchasing price or acquisition cost of the land, plant and equipment covers the required costs used to get the asset in the desired condition and place of use, the net invoice price plus the legal fees, the shipping fees, the installation and any related sales tax, but the maintenance and repair expenses are not included in the purchase price for first 30 days of use

The last option is incorrect it should be 30 days instead of 180 days

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3 years ago
Having a good credit score is important because
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Pessimism Suppose the economy is in long-run equilibrium. Then because of corporate scandal, international tensions, and loss of
VladimirAG [237]

Answer:

The correct answer is option C.

Explanation:

Suppose there is pessimism in an economy because of corporate scandals, international tensions, loss of confidence, etc. This is going to adversely affect the economy. Because of corporate scandals, the investment will decline. Loss of confidence in consumers will cause a reduction in consumption spending. International tensions cause net exports to decline.  

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