Answer:
$10,800
Explanation:
What Jonathan took home was after paying the commission which means that the amount is 94% because 6% is the commission paid. This means that 6% of the amount can be found by:
6% of the Gross amount (per-commission)
= Amount * %age we want / %age we are at = ($423000 * 6%/94%) = $27,000
And out of this $27000 the amount she received is 40% so 40 percent is $10,800 ($27000 * 40%).
Answer:
fixed overhead is accounted for
Explanation:
The difference between reported net income on variable costing and absorption costing income statements is based on how:fixed overhead is accounted for
Answer:
The amount of overhead that Lowden should be recorded in the current period = 165% * $74,000 = $122,100
Explanation:
Answer:
$443,400
Explanation:
The computation of cash flows from investing activities is shown below:-
For computing the cash flows from investing activities we need to find out first the Sale of equipment
= $84,000 - $34,000
= $50,000
Net cash paid by investing activities = Sale of equipment - Purchase of new truck + Sale of land + Sale of Long-term investments
= $50,000 - $109,000 + $410,000 + $94,200
= $443,400
An argument that is not against specializing in a single good in the real world is that specialization in a single good makes dumping easier and more effective.
If a country specializes in a single good, less waste will be produced and it can be dumped easily at one place and can be used or recycled more easily than to dump several different kinds of goods as they will need different technologies and to segregate them will be a hard job to do.
Countries improve their production of the commodity in which they specialize. There are many benefits to consumers if a country does so as specialization lowers the opportunity cost of production, increasing global production and lowering prices. These reduced pricing and increased supply benefit consumers.
To learn more about specialization in single good here
brainly.com/question/19018593
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