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Citrus2011 [14]
4 years ago
9

Net income reported under absorption costing will exceed net income reported under direct costing for a given period if: Group o

f answer choices a. Production equals sales for that period. b. Production exceeds sales for that period. c. Sales exceed production for that period. d. The variable overhead exceeds the fixed overhead.
Business
1 answer:
bazaltina [42]4 years ago
7 0

Answer:

b. Production exceeds sales for that period.

Explanation:

This is said to be calculated or gotten from Earnings Before Interest And Taxes(EBIT). This is generally referred to as EBIT. They are returns from investments made in real estate or other forms of investments in a company that is gathered after all taxes and also other interests.

In arithmetic calculations it is done by calculating gross revenue from sales and services and also labour that was been involved. Remove the cost of goods sold, then add expenses from utilities, rent etc.

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According to the economics and statistics administration, 76.7% of u.s. households owned a computer in 2010 what is the probabil
Helen [10]

The probability that of three randomly selected US households at least one own a computer in 2001 is  0.9176871. I am hoping that this answer has satisfied your query and it will be able to help you in your endeavor, and if you would like, feel free to ask another question.

3 0
4 years ago
Journalize the below entries.
grigory [225]

Answer:

Dec. 2.

Dr. Inventory $4,000

Cr. Troy $4,000

Dec. 3.

Dr. Rent Expense $2,600

Cr. Cash $2,600

Dec. 5.

Dr. Office Supplies $450

Cr. Rigby Supply $450

Dec. 8.

Dr. Utility Expense $590

Cr. Cash $590

Dec. 9.

Dr. Equipment $6,500

Cr. Alright Equipment $6,500

Dec. 10.

Dr. Alright Equipment $6,500

Cr. Equipment $6,500

Dec. 11.

Dr. Troy $4,000

Cr. Discount received $40

Cr. Cash $3,960

Explanation:

Dec. 11

The terms 1/10 n/30 mean there is a discount of 1% available on the payment to be made in 10 days of the purchase. The net credit period is 30 days. As the payment is made within the discount period, hence the payment will be made net of discount.

Discount on Purchase = $4,000 x 1% = $40

Payment = Total amount due - Discount = $4,000 -$40 = $3,960

3 0
3 years ago
The primary purpose of the Uniform Electronic Transaction Act (UETA) is to remove barriers to by giving the same legal effect to
lorasvet [3.4K]

Answer:

True.

Explanation:

Yes, this is true that the primary objective of the Uniform Electronic Transaction Act (UETA) is to eliminate the barriers to e-commerce by providing the same legal impacts to electronic records and signatures as is currently provided to paper documents and signatures, but following are the condition which must be fulfilled :

Unique to the signer

Fitted of being verified

Under the signer’s sole authority

Linked to the record in a way that it can be arranged if anything in the document was changed after the signature was stamped

Designed by a reliable means for the object in which the signature was applied.

6 0
4 years ago
You work for a company that manufactures prescription eyeglasses and want to create a piece of content for your buyer persona. y
Svet_ta [14]

Answer: A checklist on how to determine if it's time to get a new pair of eyeglasses

A set of predefined checks can let the customer know if there could be changes in his lens and if its time for another visit to the eye specialist. This would make the customer more happy and lean towards towards your businesses for future needs and make him a loyal customer

6 0
3 years ago
Why is investing important in an economy?
zheka24 [161]

Investing is important to make the cash flow of the economy.

Explanation:

The most vital component of a growing economy is the cash flow.

If the cash is not flowing from one business and one hand to another the economy is bogged down and then a slowdown occurs all across with a ripple effect.

Investments constantly bring capital in for the companies that are then able to spend that investment and to bring more and more money into the cash flow of the economy thus strengthening the circulation and creating growth.

This growth is what ultimately results in the growth of the whole economy.

8 0
4 years ago
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