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
Answer:
flat
Explanation:
In a vertical structure of organization, there is a pyramidal top-down structure
whereby there would be be owner at top i.e CEO, a manager at middle section as well as supervisor and employees at the bottom section.
It should be noted that In the context of the vertical structure of a firm, a wide span of control builds a flat organization with few reporting levels.
Answer:
Click on the Recognized tab
Explanation:
If you want to filter the for review tab to find the good match all you have to do is:
Step 1: Go at "For Review" Tab
Step 2: Above the transactions their will be Recognized Tab. Click on it which would filter all the transactions that provides a good match.
Answer:
a. GDP will increase
b. No effect on GDP
c. GDP will increase
d. GDP will increase
e. GDP will rise
Explanation:
Gross domestic product is the total monetary value of all the finished goods produced in the country during a specific period. When a new house is constructed it will create value for the economy and GDP will rise but when an old house is resold again there is no addition in the monetary value so there will be no effect on GDP.
Answer: c. there is no limit
Explanation: There is no limit to the number of products sold at varying prices when determining the business's break-even point. The break even point is defined as that volume of production where total costs (fixed and variable costs) equals total sales (revenue) resulting into a no-profit no-loss situation. As a result, when output falls below that point there is loss; and if output exceeds that point there is profit.
