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coldgirl [10]
3 years ago
12

A company that produces a single product had a net operating income of $91,000 using variable costing and a net operating income

of $127,960 using absorption costing. Total fixed manufacturing overhead was $59,160 and production was 11,600 units. This year was the first year of operations. Between the beginning and the end of the year, the inventory level:
Business
1 answer:
ololo11 [35]3 years ago
3 0

Answer:

$7,247.05

Explanation:

The computation of the inventory level is shown below:

But before that first we have to find out the fixed cost per unit which is

=  Total fixed manufacturing overhead ÷ production units

= $59,160 ÷ 11,600 units

= $5.1 per unit

Now the inventory level is by taking the difference of net operating income between two methods

= ($127,960 - $91,000) ÷ ($5.1 per unit)

= $7,247.05

Therefore, the inventory is increased by $7,247.05

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anyanavicka [17]
The free enterprise system can produce unfavorable effects when they reduce competition and protect inefficient competitors.Also,results are annoying when costs of legal intervention are greater than benefits for the consumers.
I hope it helps.
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8 0
4 years ago
Which weather variable would most likely decrease ahead of an approaching storm system?
shtirl [24]
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source: //www.rcsdk12.org/
3 0
3 years ago
Which is an example of a withholding you might see on your pay stub?
Ira Lisetskai [31]
A withholding you might see on your pay stub can include a retirement savings or a health insurance payment. 
7 0
3 years ago
A commercial bank will loan you​ $17,500 for two years to buy a car. The loan must be repaid in 24 equal monthly payments. The a
timama [110]

Answer:

$775.61

Explanation:

To calculate the monthly payments, you can use the following formula:

P= (r*PV/(1-((1+r)^-n))

P= Payment

PV= Present value: $17,500

r=interest rate: 6%/12= 0.5%

n= number of periods: 24

P= (0.005*$17,500)/(1-((1+0.005)^-24))

P= 87.5/0.112814

P= $775.61

The amount of the monthly payments is $775.61.

3 0
3 years ago
Manual Company sells goods to Nolan Company during 2017. It offers Nolan the following rebates based on total sales to Nolan. If
diamong [38]

Answer: See explanation

Explanation:

Based on the information given in the question, we should note that while using the gross method, the revenue gotten from sales will be calculated by subtracting the rebate of 2% from the full invoice amount of $110,000. This will be:

= $110,000 - (2% × $110,000)

= $110,000 - (0.02 × $110,000)

= $110,000 - $2200

= $107800

Using the net method, the revenue gotten from sales will be calculated by subtracting the rebate of 6% from the full invoice amount of $110,000. This will be:

= $110,000 - (6% × $110,000)

= $110,000 - (0.06 × $110,000)

= $110,000 - $6600

= $103400

5 0
3 years ago
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