Answer:
Unitary cost= $12
Explanation:
Giving the following information:
direct materials $5
direct labor $4
variable overhead $3
The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead) to calculate the product unitary cost.
Unitary cost= 5 + 4 + 3= $12
The correct answer is C) Both A&B
Answer:
straight land contract
Explanation:
Based on the information provided within the question it can be said that the type of contract that is being illustrated in this scenario is a straight land contract. This is a contract where the interest cannot be overrided and payments are not specific, meaning that you can go paying the contract off little by little but the interest will adjust accordingly.
With the straight line equation, we can assume y = household spending, x is the income earned monthly, and b would be the base amount spent per month ($1000). m = 1/2 of the income that is spent (additional spending).
Therefore our equation takes shape as follows:
y = 1/2($income) + $1000
The answer is D.
this is because principles are the total amount of money borrowed or invested.
