Answer:
$183,000
Explanation:
Advanced Company
<u>Income Statement for the year - absorption costing</u>
Sales ($71 x 21,000 units) $1,491,000
Less Cost of Sales ($1,008,000)
Gross Profit $483,000
Less Expenses
Operating expenses ($300,000)
Net Income $183,000
where,
Cost of Sales = Units Sold x Product Cost
= 21,000 x $48
= $1,008,000
Product Cost = all manufacturing costs (absorption costing)
= $19 + $21 + $3 + ($175,000 ÷ 35,000)
= $48
When history of management is traced back ?
A 5000Bc
B 2900 Bc ✔
C 5100Bc
D 6100Bc
Answer:
Employment at will
Explanation:
Employment at will can be considered as principle of employer which gives right to employer to end the employment of employee at any specific time.
it is term used in contract between the employer and employee at the time contract which gives authority to the job provider to dismiss the employment for any reason which is legal according to federal law.
Answer:
tax
Explanation:
the tax is a national practise carried all over the country
