Answer:
Income statement
Sales Revenue $ 612,000
Variable Overhead cost $ (315,000)
Fixed manufacturing overhead <u>$ ( 126,000)</u>
Gross Profit $ 171,000
Variable Operating expenses $ ( 27,000)
Fixed Operating expenses <u>$( 93,000)</u>
Net Income $ 51,000
Explanation:
Income statement
Sales Revenue ( 9,000 units * $ 68) $ 612,000
Variable Overhead cost ( 9,000 * $ 35 ) $ (315,000)
Fixed manufacturing overhead <u>$ ( 126,000)</u>
Gross Profit $ 171,000
Variable Operating expenses ( $ 3 * 9000 units) $ ( 27,000)
Fixed Operating expenses <u>$( 93,000)</u>
Net Income $ 51,000
Answer:
A family in a distant state gives bottled water to its dog, but a family in the hurricane area cannot find bottled water to drink.
Explanation: Hurricane is a natural phenomenon which occurs as a result of violent storms developing and accumulating in a given area, Hurricane can be very devastating destroying lives and properties. the most misallocation of resource considering the options is when a dog in A family in a distant state gives takes bottled water, but a family in the hurricane area cannot find bottled water to drink.
In Bureaucracy, the state officials make the majority of important decisions. Option a) further explain it.
<h3>
What do you mean by bureaucracy? </h3>
It is a form of government in which state officials, rather than elected representatives, make the majority of important decisions.
A bureaucracy is a group of officials who assist in the administration of a government or other organization.
Therefore, option a) explains bureaucracy.
Learn more about bureaucracy here:
brainly.com/question/423656
Answer: $78000
Explanation:
First, we have to calculate the total.costnoer equivalent unit which will be the addition of the material cost per unit and the conversion cost per unit. This will be:
Material cost per unit = $220,000 / (40,000+15,000)
= $220,000 / 55000
= $4
Conversion cost per unit= $414,000 / (40,000 + (15,000*40%)
= $414000 / 46000
= $9
Therefore, total cost per equivalent unit will be: $4 + $9 = $13
Then, the equivlant unit of the ending work in process would be calculated as:
= 15,000 × 40%
= 15000 × 40/100
= 15000 × 0.4
= 6,000
The cost of the ending work in process will then be:
= 6,000 × $13
= $78,000
