Answer:
A. remain constant on a per-unit basis but change in total based on activity level
Explanation:
In the short run, variable costs only vary according to the total output of the company. E.g. a company's variable cost of manufacturing product X is $10 per unit. If it produces 10,000 units, total variable costs will = $10 x 10,000 = $100,000.
In the long run variable costs will probably vary because production processes will also vary or the cost of inputs change.
Answer:
Science or physics.
Explanation:
You didn't give us the choices
Answer:
Explanation:Explanation is in a filely/3fcEdSx
bit.
Answer:
Dr Warranty Expense 7,400
Cr Estimated Warranty Liability 7,400
Explanation:
Based on the information given we were told that the company estimated that the warranty expense will be 4% of sales in which the sales for the current period was the amount of $185,000. Therefore the current period's Journal entry to record the warranty expense is:
Dr Warranty Expense 7,400
Cr Estimated Warranty Liability 7,400
(185,000 x 0.04 = 7,400)
Answer:
$2200
Explanation:
The reason is that the property owned by the seller was 5 and half year starting from first of January to 15th of June. This means that 5.5/12 share of the total property tax relates to the seller and the remainder 6.5 months of total 12 months relates to the buyer of the property.
Hence the property tax for:
Seller = 5.5 / 12 * $4800 = $2200
Buyer = 6.5 / 12 * $4800 = $2600
Ratio method is used above to calculate the relevant shares of each party.