Answer:
Explanation:
There are primarily two types of costs, i.e. variable costs and the fixed costs. The variable cost is the cost which changes when the level of production changes, whereas the fixed cost is the cost which remains constant whether the level of output changes or not.
The variable costs also include indirect products, indirect labor and manufacturing equipment, and the fixed costs include taxes and depreciation costs.
The period cost is that cost which is related to the selling and admin expenses plus it is not capitalized.
Whereas the product cost is a mix of direct labor, direct material and the manufacturing overhead
So, the categorization is shown below:
1. Hamburger buns in a Wendy's outlet. = variable and product cost
2. Advertising by a dental office. = Fixed and period cost
3. Apples processed and canned by Del Monte. = variable and product cost
4. Shipping canned apples from a Del Monte plant to customers. = variable and period cost
5. Insurance on a Bausch & Lomb factory producing contact lenses. = fixed and product cost
6. Insurance on IBM's corporate headquarters.= fixed and period cost
Utilitarianism is a personal moral philosophy which id being used in this scenario.
<h3>What is Utilitarianism?</h3>
This is the morality that advocates actions that foster happiness or pleasure and maximizes wellbeing of individuals.
The manager believing that the benefits of a choice exceed the costs is ethicalk as result of her having more profit which will maximize the company' wellbeing.
Read more about Utilitarianism here brainly.com/question/2642866
Answer:
The number of days' sales in receivables for Year 2 is 48.7
Explanation:
The formula that is applicable to this scenario is the accounts receivable divided by sales multiplied by 365 days
The number of days' sales in receivables=$11,000/$82,500*365=48.67
The correct option is D, since the 48.67 was simply rounded down to one decimal place.
Because when you donate to a charity it will not be taxed so you can put your money somewhere without it being taxed with it going somewhere good
Answer:
$165,500
Explanation:
Given that,
Sales (4,900 × $90) = $ 441,000
Cost of goods sold (4,900 × $38) = 186,200
Gross margin = $ 254,800
Selling and administrative expenses = $75,000
Net income = $ 179,800
Production costs per tennis racket total = $38
Variable production cost = $25
Fixed production cost = $13
Units produced = 6,000
Contribution margin:
= Sales - Variable production costs
= $441,000 - (4,900 × 25)
= $441,000 - $122,500
= $318,500
Fixed costs = Fixed production costs + Selling and administrative expenses
= ($13 × 6,000) + $75,000
= $78,000 + $75,000
= $153,000
Net income under variable costing:
= Contribution margin - Fixed costs
= $318,500 - $153,000
= $165,500
