All categories

3 years ago

Units Produced 20,000

Business

1 answer:

Alexeev081 [22]3 years ago

3 0

Answer:

Instructions are below.

Explanation:

Giving the following information:

Units Produced 20,000

Units Sold 17,000

Unit Sales Price $ 240

Full Manufacturing Cost Per Unit $97

<u>Under the absorption costing method, the fixed manufacturing overhead is part of the product cost.</u>

Income statement:

Sales= (17,000*240)= 4,080,000

Cost of goods sold= (17,000*97)= (1,649,000)

Gross profit= 2,431,000

Variable Selling Expenses= (71,000)

Fixed General and Administrative Costs= (88,000)

Net operating income= 2,272,000

You might be interested in

Builtrite has two bond issues outstanding(sold two separate groups of bonds over the years). One issue has a 7 year maturity and

baherus [9]

Answer:

Explanation:

Here, we want to select which of the given options in the question is true/correct.

From the question we can observe that the two bonds have required return less than coupon rate. Hence we can conclude that, both are premium bonds. The 7-years bond however. will have closer price to par value.

Bond prices will gradually decrease as we have a decrease in years to maturity. This means that the closer the year to maturity, the lesser the value of the bond price

4 0

3 years ago

What standard describes uniform, enterprise-wide cabling systems, regardless of who manufactures or sells the various parts used

ira [324]

Uniform, employer-wide cabling structures, no matter who manufactures or sells the diverse elements used in the system of gadget.

An employer analytics method allows companies to discover the equipment and techniques they need to installation to work with these large facts units and extract meaningful insights from them that can be used to tell enterprise choices. It needs in order to exchange over the years to meet evolving commercial enterprise needs.

Enterprise cabling structures are going through a big paradigm shift. inside the past, one of the principal capabilities of a cabling device changed into to attach the laptop and IP telephone in workstations to the business enterprise community spine. that is swiftly

Learn more about enterprise-wide here:brainly.com/question/26304178

#SPJ4

3 0

2 years ago

In early 2008, it appeared that the u.s. economy was either in a recession or growing very slowly. president bush announced a p

Alex

D maybe sorry if wrong i am not the best in history

6 0

3 years ago

An Uber driver faces costs for driving that include sunk costs like insurance that contribute to the average cost per mile of $.

crimeas [40]

Answer: sunk costs don't increase as driving increases.

Explanation: sunk costs are irrelevant costs because they have already occured in the past and cannot be avoided. Sunk costs thus do not differ between alternatives, and are unavoidable. The calculation for insurance and other sunk costs are likely not based on the amount of rides the Uber picks up, but rather calculated at a constant rate. So regardless of whether or not the rider pays more or less than the $.50 on the insurance, this will not have any effect on the insurance that is constant and has likely already been paid out.

4 0

3 years ago

Developing countries fall into two categories, moderately developed and less developed. Which of the following is not classified

ozzi

Answer:

Thailand

Explanation:

6 0

3 years ago