Answer:
Results are below.
Explanation:
<u>The absorption costing method includes all costs related to production, both fixed and variable. </u>The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
<u>The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).</u>
<u>Absorption costing:</u>
<u />
Unitary fixed overhead= 940,000/23,000= $40.87
Unitary production cost= 180 + 340 + 51 +40.87
Unitary production cost= $610.87
<u>Variable costing:</u>
Unitary production cost= 180 + 340 + 51
Unitary production cost=$571
Answer:
I would say :This is all nonsense.
Answer:
c. power over business practices
Explanation:
Regulatory agencies are formed to monitor and checkmate adverse activities of a certain sector of an economy.
They have various powers that can be used to control activities in a economic sector:
- Licencing power is the ability to give access to the players in a particular business sector.
- Rate making power is the ability of regulatory agency to determine price of commodities
- Power over business practices is regulatory agency's power to determine whether the activity of a regulated entity is acceptable or not.
For example if regulatory agency in communication notices the process for registering new clients is too cumbersome, they can enforce a more simple and streamlined process