Answer:
$7,750
Explanation:
The computation of the net income for the first year is shown below:
but before that following calculations needed
The Cost of production is
= Direct material + Direct labor + Manufacturing overhead
= $11,625 + $11,000 + $10,000
= $32,625
The Unit product cost is
= $32,625 ÷ 7,250 units
= $4.50 per unit
Now
Cost of goods sold = Number of units sold × cost per unit
= 4,500 units × $4.50
= $20,250
And, finally
Net Income = Sales revenue - COGS - general, selling, and administrative expenses
= (4,500 units × $7) - $20,250 - $3,500
= $7,750
<u>Answer:</u> Option 1 After income from continuing operations.
<u>Explanation:</u>
A disposal account shows the profit or loss from the sale of any asset. When the sale price is higher than the book value of the component then it is a gain. When the sale price is less than book value then it is a loss.
Loss from the sale of component will reduce the income of the business. When there is a loss it is debited in the income statement. This appears below the operations income and it is deducted from the revenue to show the actual value of the revenue.
Answer:
$6,840,000
Explanation:
12/31/21 12/31/22
$2260000 $3200000
taxable income for 2022 = $5,900,000
Ivanhoe's pretax financial income = 2022 taxable income + (temporary differences 2022 - temporary differences 2021) = $5,900,000 + ($3,200,000 - $2,260,000) = $5,900,000 + $940,000 = $6,840,000
A taxable temporary difference will affect future taxable amounts when determining a profit or loss.
The answer is <u>"D. Network vulnerability management".</u>
A network vulnerability assessment is the way toward auditing and dissecting a PC arrange for conceivable security vulnerabilities and escape clauses.
It is utilized by system chairmen to assess the security design and safeguard of a system against possible vulnerabilities and dangers.
A network vulnerability assessment helps network administrators or organize security staff to evaluate the security quality of a specific system.
Answer:
B) The demand for good A is elastic.
Explanation:
Both Timothy and Jake believe that the demand is elastic, Timothy believes the PED = 1.75, while Jake believes the PED = 1.46. The difference is that Timothy believes the demand is more elastic.
Option A is not correct because Timothy believes total revenue will fall while Jake believes it will increase.
Option C is not correct because both believe that their market share will decrease.
Option D is not correct because both Timothy and Jake are arguing about higher prices, not lower prices.
Option E is not correct because an increase inn the price of a good does not shift the demand curve, it moves the equilibrium point within the given demand and supply curves.
