Answer:
Income reported under absorption costing =$440,000
Explanation:
<em>The income reported under absorption costing can be determined by adjusting the income under variable costing for difference in profit.</em>
<em>The steps are outlined below:</em>
<em>Step 1</em>
<em>Calculate the Overhead absorption rate</em>
OAR = Budgeted Fixed overhead/ Budgeted number of units
= $270,000/ 27,000 units
= $10
<em>Step 2</em>
<em>Calculate the change in inventory </em>
8500 units (given)
<em>Step 3</em>
<em>Calculate the difference in profit </em>=
<em> Difference in profit = OAR × change in inventory</em>
=8500×$10
= $85000
<em>Step 4</em>
<em>Calculate Income under absorption costing</em>
<em> = Income under variable costing + Difference in profit</em>
=$85,000 + $355,000
=$440,000
Income reported under absorption costing =$440,000
B. 7.85% is the is its common-size percent for cash (14000÷178300)×100
Line items are shown as a percentage of a single chosen or common figure in a financial statement of common size. A balance sheet will contain different line items depending on the type of firm and the industry. Since all businesses in a given industry deal with the same kinds of transactions, the line items utilised for their balance sheets will typically be comparable.
It is simpler to study a company over time and evaluate it against its competitors when financial statements are created in a common size. One can identify trends that a raw financial statement might not reveal by using financial statements of a common size.
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To get it out of His hands
Explanation:
Just tired and ready to let it go
Answer:
An increase in the value of an asset
A portion of profits paid back to shareholders
Explanation:
Capital gain can be defined as a rise in the value of a capital asset (which could be investment or real estate) that facilitates a higher worth than the original purchasing price.
Dividend can be defined as a distribution of profits by a certain corporation to its shareholders.
The specific set of organizational practices, policies, and programs, plus a philosophy that actively supports efforts to help employees achieve success at both work and home considered is -work-life effectiveness. This is further explained below.
<h3>What is organizational practices?</h3>
Generally, An organizational practice is the habitual application of knowledge inside an organization for the purpose of carrying out a certain function. This application of knowledge has developed over the course of time as a result of the history, people, interests, and activities of the organization.
In conclusion, The precise combination of corporate practices, policies, and programs, plus a mindset that actively supports efforts to assist individuals to achieve success at both work and home regarded called -work-life effectiveness.
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