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sweet [91]
3 years ago
14

The reporting method that includes in the cost of inventory (and cost of goods sold) all product costs, including both fixed and

variable costs is known as:
Business
1 answer:
Vlad [161]3 years ago
7 0

Answer:

The answer is absorption costing.

Explanation:

This method is used to indicate that all costs have been absorbed by the units produced, and  includes the following costs (fixed and variable):

1. Direct labor.

2. Direct materials.

3. Fixed manufacturing overhead.

4. Variable manufacturing overhead.

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Good it management which is necessary for a great it plan should
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Explain one impact on business of rising interest rates
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8 0
3 years ago
A Chinese company exchanges yuan (Chinese currency) for dollars. It uses these dollars to purchase scrap metal from a U.S. compa
DanielleElmas [232]

Answer:

d. decrease, and U.S. net capital outflow increases.

Explanation:

Yuan is the currency of the country China and the currency of United States of America is dollar. Every country in the world does imports of some goods to meet the demands of the country and exports some items to the other countries that is produced in abundance in the parent country. In this way, countries earn huge capital by doing importing and exporting.

In the context, China will buy scrap metal from United States, thus China is importing a good from U.S. So China will have more of import. Hence China net export will decrease. While U.S. is selling goods to China in exchange of dollar and earning capital. So, net capital outflow of the United States will increase.

7 0
3 years ago
On July 1 of year 1, Elaine purchased a new home for $665,000. At the time of the purchase, it was estimated that the property t
tamaranim1 [39]

Answer:

The amount of real property taxes that Elaine is allowed to deduct for year 1 is $7150.

Explanation:

Elaine started living in the new home from July, which means that she has been living there for 6 months ( as per current date). But at the time when she purchased the house the total amount of property tax was $13,300 and now it is $14,300.

Since last 6 months she has been living in that home, and current property tax is $14,300 , that means now she is allowed a 50% deduction on the property taxes ,

$14,300 / 2 = $7150

Therefore Elaine is allowed $7150 as amount of deduction on property tax.

5 0
3 years ago
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