Please attach the graph if you can. Otherwise, I cannot answer this question
Answer:
This leads to a reduction in net income
Explanation:
Manufacturing overheads refer to those costs which indirectly relate to a good's production. Examples of manufacturing overheads would include depreciation charged on equipments used for production, rent of the factory wherein production takes place.
The effect of recognition of $400 of estimated manufacturing overheads would be reduction in net income since their recognition raises the cost of production which reduces gross profit. Consequently this would reduce the net income.
Answer:
Option C. 30,000 decrease
Explanation:
At the moment Product G is covering its own variable cost which is 180,000 from its sale figure of 210,000. So there is a balance of 30,000 which product G is contributing to offset the Fixed costs of the company.
It will be inadvisable for management to discontinue the production of Product G because it appears to be making a loss. The loss is as a result of the fixed cost of 50,000 imposed (apportioned) to the product. So product G can only cover 30,000 out of this 50,000 which is resulting in the 20,000 loss.
If the product is discontinued, the 30,000 contribution of product G will be lost which will lead to a decrease in profit of that amount.
Answer:
a) random events.
Explanation:
According to my research on lottery drawings, I can say that based on the information provided within the question the two winnings are just random events. The chances of Josephine winning the lottery can be explained statistically with probabilities, but even still the two winning tickets are random events that happened in her life. Even tho the chances can be explained statistically it does not mean that the next ticket will be a winner as well, regardless if she is on a lucky roll.
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Answer:
More opportunities will be available, financially and otherwise, with a college degree than without one.
Explanation:
From the passage, it stated that:
1. There is a faulty economy. This implies that economy is having a problem or the economy is in recession with little or no opportunities in terms of jobs and payments.
2. Hundreds of other college graduates earning the same degree. This implies that there many people with the same degree qualification competing for the limited job available in the faulty economy.
Based on the two statements above, it false to say that more opportunities will be available, financially and otherwise, with a college degree than without one.