Answer:
profit will come while selling book
Answer:
$19
Explanation:
The computation of financial advantage (disadvantage) is shown below:-
Combined sale value = Industrial fiber + Refined sugar
= $71 + $71
= $142
Further processing = End product industrial fiber + End product refined sugar
= $23 + $27
= $50
Financial Advantage = Combined sale value - Further processing - Sugar beets costs - cost to crush
= $142 - $50 - $57 - $16
= $19
Answer:
Unit Cost = $196
Explanation:
As per the data given in the question,
Total variable overhead estimated = 4×31,400 = $125,600
Total overhead estimated = $125,600+$219,800 = $345,400
Predetermined overhead rate = $345,400÷31,400 = $11 per hour
Total overhead applied = $11×20 = $220
Hence, Total job cost = Direct material + Direct Labor + Total overhead
= $580 + $1,160 + $220
= $1,960
So, Unit cost = $1,960 ÷ 10 = $196
Answer:
a. $197,600
b. $163,400
c. $108,600
Explanation:
a. Manufacturing margin = Sales - Variable cost of goods sold
= $380,000 - $182,000
= $197,600
b. Contribution margin = Manufacturing margin - Variable selling and administrative expenses
= $197,600 - $34,200
= $163,400
c. Income from operations = Contribution margin - Fixed manufacturing costs - Fixed selling and administrative expenses
= $163,400 - $57,000 - $2,800
= $108,600
Answer:
A web streaming company fulfills a 12-month service term paid by customers in advance.
Explanation:
Revenue is recognized from services rendered or goods delivered. It is recognized only when the risk and reward is transferred, further it relates to the normal business of company.
As in the first sentence the company makes scientific devices and it sales an agricultural land, that is sale of fixed asset.
In second case the pharmaceutical company receives donation which is anonymous.
All the things are not revenue for company.
It is only the web streaming company which shall recognize revenue as the services are rendered and revenue shall be recognized related to normal business of company.
