Answer:
$41,400
Explanation:
Swansea Finishing
Variable cost of goods sold = Variable manufacturing costs × Units Sold
Variable manufacturing costs $23.00
Units sold $1,800
Hence:
$23.00 × 1,800 units
= $41,400
Therefore the cost of goods sold using variable costing is $41,400
Answer: $109,080; $145,920
Explanation:
Based on the information that have been provided in the question, the following can be gotten:
The amount for income tax expenses will be:
= 36% of $303,000
= 36/100 × $303,000
= 0.36 × $303,000
= $109,080
The net income will be:
Reported income = $303,000
Less income tax = $109,080
Less loss on discounted operation = $48,000
Net income = $145,920
Loss on discounted operation:
= $75,000 × (1 - 36%)
= $75,000 × (1 - 0.36)
= $75,000 × 0.64
= $48,000
Im pretty sure its 2) Fixtures
Sorry if its wrong
Answer:
I think B
Explanation:
Insurance in short term is something that helps people protect themselves from losing money. So financial losses can be money.
