Answer:
Lower of $2,400
Explanation:
In this question, we have to compare the total fixed manufacturing cost between the two methods which are shown below:
On January 1
= Number of units × fixed manufacturing cost
= 6,000 units × $3
= $18,000
On December 31
= Number of units × fixed manufacturing cost
= 5,200 units × $3
= $15,600
The difference between these two amounts would be $2,400 ($18,000 - $15,600)
In the variable costing, this cost should not be recognized in the income statement while in absorption costing, this cost should be recognized in the income statement as it is goes to the cost of goods sold as an expense.. So, the net income lower of $2,400
Answer:
as a consumer myself, I would most likely trust an article about the company in the city newspaper or a conversation with an employee
Explanation:
Answer:
Correct ending balance 7855
Explanation:
Cash 7844
Books
Cash receipts pending on bank -3238
Checks written 1325
Banks
Bank service fee -25
Interest earned 36
Bank conciliation 5942
Bank account 5942
7844
Correct ending balance 7855
Answer:
i dont get it, is there a question?
Explanation:
Answer: Chattels Real
Explanation:
Chattels Real are those items of personal property that extends to their owner as an interest in real property (e.g. contracts to purchases, and options, least, mortgages) or that are attached to real property (e.g. trade fixtures)
