1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
USPshnik [31]
3 years ago
11

Variable and Absorption Costing-Service Company Jensen's Tailoring provides custom tailoring services. After the company's first

year of operations, its owner prepared the following summarized data report for 2016
Sales (500 completed jobs)$150,000
Tailoring costs (550 jobs)
Direct labor70,500
Manufacturing overhead
Variable18,000
Fixed13,500
Operating expenses
Variable8,400
Fixed8,700

Required:
Prepare an income statement based on full absorption costing
Business
1 answer:
loris [4]3 years ago
5 0

Answer:

124

Explanation:

Yes

You might be interested in
Glenda is in the ninth grade, and she loves to write and share events that take place around her. She wants to become a journali
madam [21]

Answer:

D

Explanation:

This will help her develop journalism skills at a younger age

4 0
3 years ago
Year Cash Flow 0 –$ 8,300 1 2,100 2 3,000 3 2,300 4 1,700 What is the payback period for the set of cash flows given above? (Do
Readme [11.4K]

Answer:

3.53 years

Explanation:

The computation of the payback period is shown below:

In year 0 = $8,300

In year 1 = $2,100

In year 2 = $3,000

In year 3 = $2,300

In year 4 = $1,700

If we sum the first 3 year cash inflows than it would be $7,400

Now we subtract the $7,400 from the $8,300 , so the amount is  $900 as if we added the fourth year cash inflow so the total amount exceed to the initial investment. So, we deduct it

And, the next year cash inflow is $1,700

So, the payback period equal to

= 3 years + $900 ÷ $1,700

= 3.53 years

7 0
3 years ago
A random sample of 12 lunch orders at noodles and company showed a mean bill of $12.99 with a standard deviation of $4.6. find t
kow [346]
12.99 + 4.6 = 17.59 / 98
6 0
3 years ago
Durable Goods $1,250 Nondurable Goods $2,130 Services $9,000 Fixed Investment $1,800 Changes to Business Inventory $135 Investme
Anettt [7]

Answer:

Given that,

Durable Goods = $1,250

Non-durable Goods = $2,130

Services = $9,000

Fixed Investment = $1,800

Changes to Business Inventory = $135

Investment in Stocks & Bonds = $15,500

Federal Government Purchases = $1,800

State/Local Government Purchases = $1,700

Transfer Payments = $675

Exports from the United States = $2,100

Imports into the United States = $2,400

(a) Consumption, C = durable goods + non-durable goods + services

                                = $1,250 + $2,130 + $9,000

                                = $12,380

(b) Private investment, I = Fixed investment + change in inventory + Investment in stocks/bonds

                                       = $1,800 + $135 + $15,500

                                       = $17,435

(c) Government spending, G = Federal government purchase + state/local government purchase

                                               = $1,800 + $1,700

                                               = $3,500

(d) Net exports = Exports - Imports

                         = $2,100 - $2,400

                         = -($300)

GDP = C + I + G + NX

        = $12,380 + $17,435 + $3,500 + (-$300)

        = $33,015

7 0
3 years ago
A small private entity may use less formal means to ensure that internal control objectives are achieved. For example, extensive
Mama L [17]

I need help on this too

8 0
3 years ago
Other questions:
  • 75 of 100 - jim inherited a property that has not been maintained in years, the property needs new appliances, a roof, new sidin
    7·1 answer
  • Privacy concerns dictate that?
    10·2 answers
  • Media scholar robert mcchesney has observed that the media oligopoly of the leading nine media giants is not the only threat to
    8·1 answer
  • To create a budget: Multiple Choice From the Banking Menu, select Planning & Budgets > Budgets From the Company Menu, sel
    6·1 answer
  • When you use paper money to pay for food, the money is a
    15·2 answers
  • Ted's new company is experiencing a steady decline in profit. He needs external financing to prevent his company's profits from
    13·1 answer
  • Retained earnings, december 31, 2015 $ 313,700 cost of equipment purchased during 2016 32,000 net loss for the year ended decemb
    15·2 answers
  • John is an expediter for a paper goods manufacturer. he has been asked to track how much time he spends traveling to and from ea
    15·1 answer
  • Buff is considering a new packaging machine. The initial cost is $10,000 and we would save $4,000 per year in labor costs. If ou
    7·1 answer
  • What are the benefits of bank feeds in Quickbooks online?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!