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
Murljashka [212]
3 years ago
8

Which of the following types of costs is a product cost for absorption costing but a period cost for variable costing? a.direct

labor b.total administrative expense c.fixed factory overhead per unit sold d.variable selling expense e.direct materials
Business
1 answer:
Levart [38]3 years ago
5 0

Answer:

C. Fixed Factory Overhead Per Unit

Explanation:

Variable costing and marginal costing income statements mainly differ because of treatment of fixed factory overhead.

Inventory costs under variable costing include only direct material, director labor and variable factory overhead.

Whereas in absorption costing, fixed factory overhead also become part of product cost in addition to direct material, direct labor and variable factory overhead.

You might be interested in
____ 24. the banking system currently has $50 billion of reserves, none of which are excess. people hold only deposits and no cu
kramer
Need more information
6 0
3 years ago
In a closed economy, what remains after paying for consumption and government purchases is:________
natta225 [31]

Answer: d. national saving.

Explanation:

In a closed economy, GDP is calculated by adding Consumption, Investment and Government purchases. The investment in this instance can be thought of as National Saving.

National saving is the difference between the income in the country and the consumption and government purchases. It represent what households and the government save up from their income sources which can be used for investment.

5 0
3 years ago
Suppose that Walgreens (a major drug store chain) wants to introduce its own brand of cough medicine that is similar in contents
antoniya [11.8K]

Answer:

Letter b is correct. <em>Private-label brand</em>

Explanation:

Private-lebel brand is when products are supplied or manufactured by a particular company and then labeled with another company's brand. The advantages added to a company that decides to sell a private label product are varied, these items can increase the credibility and reliability of the company, such as increasing the sales flow and diversifying the marketed product lines.

3 0
3 years ago
Building Supplies is considering a merger with Tools and More. Building's total operating costs of producing services are $4 mil
Natalka [10]

Answer:

We generally calculate total average cost by dividing total cost / total output units.

In this case, we are not given the output units, but instead we are given the output value, so we should find a percentage from total revenue.

total costs = $4,800,000

total revenue = $20,000,000 + $5,000,000 = $25,000,000

average total cost = ($4,800,000 / $25,000,000) x 100 = 19.2%

This means that for every $100 of revenue, the merged company will spend $19.20.

7 0
3 years ago
Adonis Corporation issued 10-year, 11% bonds with a par value of $270,000. Interest is paid semiannually. The market rate on the
shutvik [7]

Answer:

e) Adonis must pay $270,000 at maturity plus 20 interest payments of $14,850 each.

Explanation:

Based on this information,Adonis Corporation is issuing a coupon paying bond.

  • The $286,827 that they receive is the market price/ market value of the bond.
  • The duration of the bond = 10 years, however, since the coupons are paid semiannually, there will be 10*2 = 20 payments in total.
  • Semi annual coupon payment; PMT = (11%/2) *270,000 = $14,850
  • The $270,000 is the face value of the bond which must be repaid at the end of the life of this bond.
  • <em>Therefore, Adonis must pay $270,000 at maturity plus 20 interest payments of $14,850 each.</em>
3 0
3 years ago
Other questions:
  • On May 1, Mary's Morsels provided catering services at a wedding. The bride is billed $4,000 and will pay during the following m
    9·1 answer
  • The Coyotes are interested in trading their star safety. He is a veteran and makes $1.2 million per year. They are considering s
    10·1 answer
  • Identify and briefly discuss three criticisms of beta as used in the capital asset pricing model
    12·1 answer
  • A person must have how much driving experience to teach a beginner?
    15·1 answer
  • In the ____________ the elasticity of supply is perfectly inelastic (supply line is vertical) because no adjustments can be made
    7·1 answer
  • The accounts listed below appeared in the December 31 trial balance of the Savard Theater.
    9·1 answer
  • If the price level is fixed and autonomous expenditures rise by $40, then the multiplier model would predict that the aggregate
    13·1 answer
  • In the Marigold, maintenance costs are a mixed cost. At the low level of activity (40 direct labor hours), maintenance costs are
    13·1 answer
  • Prob(Total time in process &gt; t) = EXP(-t/T) T = (1/(Rp - Ri)) = (1 / Rs) R = min(Ri, Rp) u=R/Rp Dominic runs an appliance rep
    15·1 answer
  • Depending on a person's _____, he or she may be held to a higher standard of care.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!