Answer:
Net operating income= $207,500
Explanation:
The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).
<u>First, we will determine the total unitary variable overhead:</u>
total unitary variable overhead= 90 + 25= $115
<u>Now, we can calculate the total contribution margin:</u>
Total CM= 11,500*(220 - 115)
Total CM= $1,207,500
<u>Finally, the net operating income:</u>
Net operating income= 1,207,500 - 600,000 - 400,000
Net operating income= $207,500
Answer:
The correct answer is D. foreign media.
Explanation:
The international press is made up of a series of chains that cover basic aspects of the news. It is said that its usefulness in the massification of information is necessary, since they cover current news from different angles and allow people to enjoy high quality content and coverage.
Answer:
This is in accordance with the EEOC regulations relating to discrimination based on <u>Disability </u>
Answer:
gain on disposal 30,000
Explanation:
First we do the numbers for the old truck:
Asset 140,000
Acc Dep 80,000
Book Value 60,000
Now, becuase there are commercial subtance we will recognize the dgain or loss at disposal.
Total given-up for the tow truck
bake tow truck 100,000
cash <u> (10,000) </u>
Baker valuation of our truck 90,000
book value (60,000)
gain on disposal 30,000
<u>journal entry</u>
tow truck 100,000
acc dep delivery truck 80,000
cash 10,000
delivery truck 140,000
gain on disposal 30,000
Answer:
balance sheet
Explanation:
Businesses are required to prepare a balance sheet at the end of every financial year. The balance reports the net worth of a company. It lists all the assets and their values on one side and liabilities and equity on the side. The balance sheet follows the accounting equation to indicate the total assets on one side. It shows how the assets have been financed through liabilities and equity.
