Answer:
A general understanding that abstraction allows programmers to hide details By hiding details, programmers are able to work with complex systems in small pieces without having to pay attention to every detail at once An explanation of how top down design implements abstraction
Example:
Through the use of abstraction, a programmer is able to take one large idea, and break it down into smaller pieces. In the context of top-down design, this means that the programmer can create one function that is made up of a set of smaller sub functions. After determining the details of those sub functions, the programmer no longer needs to take into account how they work, knowing that they will work in when called. For example when drawing a snowflake, the programmer may use top down design to split it into separate branches. Each of those branches may have sub functions that determine the detail to be repeated. This allows programmers to develop complex systems while managing complexity at multiple levels of abstraction.
Which of the following is FALSE about event-driven programs?
A. Event-driven programs do not implement algorithms.
B. Some portions of an event-driven program may never execute while the program is running.
C. An event-driven program is written to respond to specified events by executing a block of code or function associated with the event.
D. The order in which an event-driven program will run cannot always be known ahead of time. E. Event-driven programs can be run multiple times with different outcomes, based on user interactions.
Answer:
1. There are 2,600 units in ending inventory.
2. Costs per unit under absorption costing $ 123
3.Value of ending inventory $ 319,800
Explanation:
Calculation of Ending inventory units.
Ending Inventory Units : Opening Units + Units produced - units sold
300 + 15,000 - 12700 = 2,600 units
Calculation of per unit cost under absorption costing
Under absorption costing, direct manufacturing costs as well as indirect factory overheads are considered.
Per units costs
Direct Materials $ 20
Direct Labour $ 60
Variable overhead $ 13
Fixed Overhead $ 30
Total costs per unit $ 123 under absorption costing
Calculation of ending inventory under absorption costing
The ending inventory calculated earlier of 2.600 units is multiplied by the per unit costs of $ 123 per unit to get the value of the ending inventory
$123 * 2600 units = $ 319,800
Answer: discloses contribution margin in the body of the statement.
Explanation:
The Cost Volume Profit (CVP) income statement is made to better show the influence of variable costs and fixed costs on income. It as well shows the effects that changing costs and production volume can have on the income.
Although it shows the same income as a traditional income statement, the format is different in that the contribution margin is included in the statement and the costs and revenue per unit are shown as well.
Answer:
The equivalent units of production for the month, assuming the company uses the weighted average method would be 21,600 units
Explanation:
In order to calculate the equivalent units of production for the month, assuming the company uses the weighted average method, we would have to calculate first the following:
Units completed and transferred=physical units×%complete
Units completed and transferred=12,000×100%
Units completed and transferred=12,000 units
Ending goods in process=12,000×80%=9,600 units
Therefore, the equivalent units of production for the month= Units completed and transferred+Ending goods in process
equivalent units of production for the month=12,000+9,600
equivalent units of production for the month=21,600 units
