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IRINA_888 [86]
3 years ago
12

For each of the following costs incurred in a manufacturing firm, indicate whether the costs are most likely fixed (F) or variab

le whether they are most likely period costs (P) or product costs (M) under full absorption costing: Fixed (F) Variable (V) Period (P) Product (M) Cost Item a. Depreciation on the building for administrative staff offices. b. Cafeteria costs for the factory c. Overtime pay for assembly workers. d. Transportation-in costs on materials purchased e. Salaries of top executives in the company. f. Sales commissions for sales personnel g. Assembly line workers' wages h. Controller's office rental. i. Administrative support for sales supervisors j Energy to run machines producing units of output in the factory. Reterences eRook & Resources
Business
1 answer:
Murrr4er [49]3 years ago
8 0

Answer:

a. Depreciation on the building for administrative staff offices. (F) (P)

b. Cafeteria costs for the factory. (F) (M)

c. Overtime pay for assembly workers. (V) (M)

d. Transportation-in costs on materials purchased (V) (M)

e. Salaries of top executives in the company. (F) (P)

f. Sales commissions for sales personnel (V) (P)

g. Assembly line workers' wages (V) (M)

h. Controller's office rental. (F) (P)

i. Administrative support for sales supervisors (F) (P)

j Energy to run machines producing units of output in the factory. (V) (M)

Explanation:

Fixed Cost (F): Fixed cost is cost which is fixed and does not vary on the basis of production.

Variable Cost (V): Variable cost is cost which is not fixed and varies on the basis of production i.e. with the change in production, it also changes.

Product Cost (M): Product cost is a direct cost which is attributable directly in the creation of the product such as Direct Material, Direct Labour, etc.

Period Cost (P): A period cost is associated with the passage of time and is not included in the product cost, and is treated as an expense.

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Racicky was in the process of buying 320 acres of ranchland. While that sale was being negotiated, Racicky signed a contract to
deff fn [24]

Answer:

The correct answer here is Restitution.

Explanation:

The remedy which is available here to Simon is restitution ( termed as Restitutionary damages), according to this remedy a injured party ( Simon in this case ) would be compensated for the losses or damage that he has suffered because of the actions of the defendant ( Racicky in this case ). So here Racicky has to submit any gain that he has received by causing damage to the Simon.

Here expectation can't be the answer because Racicky is now bankrupt and specific performance can't be the answer because Racicky is not the owner of the land , he hasn't bought it because he has gone bankrupt.

5 0
3 years ago
Cnooc, a Chinese public-sector company, has made a bid to purchase Canada’s Nexen, a big oil company, for C$ 15.1 billion in Jun
Phoenix [80]

Answer:

351,830,000 Yuan

Explanation:

Investment value = C$ 15.1 billion

Value in Yuan in June 2012 =   C$ 15.1 billion x  6.3698 Yuan/C$

Value in Yuan in September 2012 =   C$ 15.1 billion x  6.3465 Yuan/C$

The difference in Yuan if Cnooc has purchased Nexen in September instead of June is:

D= 15,100,000,000*(6.3698 - 6.3465)\\D= 351,830,000 \ Yuan

Cnocc saves 351,830,000 Yuan

3 0
3 years ago
​Serenity, Inc.'s Receivable increased by $ 43 comma 000 and its Accounts Payable increased by $ 23 comma 000. What is the net e
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Answer:

A net cash outflow or cash used up of $20,000

Explanation:

The statement of cash flows show the movement in cash balances between the start and end of an accounting period. This movement is as a result of 3 groups of activities namely; operating, investing and financing activities.

Cash activities related to elements of working capital are recognized in the operating section. An increase in a current asset other than cash is treated as an out flow of cash while an increase in a current liability is treated as an inflow of cash and vice versa.

Hence the net effect on cash from operations under the indirect​ method

= -$43,000 + $23,000

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4 0
3 years ago
Despite some high profile cases involving deadly force, which police department actually has a relatively low shooting rate when
kkurt [141]

Answer:

D) The losangeles police department.

Explanation:

According to the Washington Post, in 2019 the United States of America had 992 fatalities from police shootings. From this number, one of the top states with the most fatalities was California, who had 130 fatalities from police shootings in 2019. The majority of which came from the Los Angeles police department.

7 0
3 years ago
A bank is being told that their loan portfolio is too risky. Which is the best action the bank can take to correct this situatio
balandron [24]

Answer:you would make an agreement on what the best thing to do is, which would go for a middle price, and get more money, and then go for thr other half, and if it is too risky then you could do an agreement where you would work the money off by working for them to earn more money, and then you can do the loan

Explanation:

3 0
3 years ago
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