1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
UNO [17]
3 years ago
15

Income statement under absorption costing and variable costing

Business
1 answer:
Len [333]3 years ago
4 0

Answer:

unitary product cost= $102

Explanation:

Giving the following information:

Manufacturing costs Direct materials per unit $60

Direct labor per unit $22

Variable overhead per unit $8

Fixed overhead for the year $528,000

Units produced= 44,000

The absorption costing method includes all costs related to production, both fixed and variable<u>. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead. </u>

Fi<u>rst, we need to calculate the unitary fixed overhead:</u>

Unitary fixed overhead= 528,000/44,000= $12

<u>Now, the unitary product cost:</u>

unitary product cost= 60 + 22 + 8 + 12

unitary product cost= $102

You might be interested in
Businesses often spend significantly more money on creating customer access for their products/service than they spend on advert
Ksivusya [100]

Answer:

The correct answer is:

True (A)

Explanation:

Customer access strategy is a framework or a set of standards, guidelines and processes, which defines the means by which a customer and the organization can interact, and  means by which the customer has access to:

  • the relevant information needed to make purchases
  • the right logistics for the execution of a purchase

The arear of access are mainly information (value of the product, price of products, how products work) and logistics (means of getting the products, customer service on the after-purchase needs etc).

It has been studied extensively that companies are spending 3 to 4 times as much money on creating customer access than they do on advertising, this is because even if advertising is successful, the results will not be seen if customer access is not successful, and having an efficient customer access strategy can provide a competitive advantage to the producers.

5 0
3 years ago
The seller was told by the bank that she has a prepayment penalty due at the time of closing. the penalty is 6 months' interest
algol13
Using the formula for compound interest:

The formula for annual compound interest, including principal sum, is:
A = P (1 + r/n)ⁿˣ

Where:

A = the future value = $95000
P = the principal investment amount = ?
r  = the annual interest rate = 0.06
n = the number of times that interest is compounded per year = 2
x = the number of years the money is invested = 0.5


95,000 = P (1 + 0.06/2)¹

95,000 = P (1.06/2)

95,000 = P (0.53)

P = 95,000 ÷ 0.53

P = 95,000 ÷ 0.53

P = 179,245.30

Total compounded interest = 179,245.30 - 95,000

Total compounded interest = 84,245
3 0
3 years ago
What is plagarism in a essay ​
WITCHER [35]

Explanation:

copying another form of writing

7 0
2 years ago
Read 2 more answers
The decision to take less salary in a year when the company was less profitable and employees' pay was cut is an example of Nish
ollegr [7]

Answer: commitment

Explanation:

The Chief Executive Officer of Japan Airlines, who was Haruka Nishimatsu, was an example of a strategic leader who had a high performance.

The The decision to take less salary in a year when the company was less profitable and employees' pay was cut is an example of Nishimatsu commitment to the company.

4 0
3 years ago
Which management style is characterized by the manager trusting the employees work ability and is best used with employees know
ch4aika [34]
I don’t know my name I don’t play by the rules of the game so you do say I’m not trying
7 0
3 years ago
Other questions:
  • Triangle owl was rotated to create triangle o'w'l'. describe the transformation using details and degrees. triangles owl and o p
    8·2 answers
  • What is 25 x 5? please help i cant do?
    7·1 answer
  • Future Clothes Inc., a publicly-traded company, designs and manufactures wearable technology. What approach should Future Clothe
    8·1 answer
  • Sheridan Incorporated factored $158,900 of accounts receivable with Engram Factors Inc. on a with recourse basis. Engram assesse
    10·1 answer
  • Why should your business use Performance Planner?
    13·1 answer
  • Futures contracts on gold are based on 100 troy ounces and priced in dollars per troy ounce. Assume the January gold contract se
    14·1 answer
  • According to hagan and his associates, within the paternalistic home, mothers are expected to control the behavior of their sons
    15·1 answer
  • On January 1, 2020, Sandhill Co., a calendar-year company, issued $2320000 of notes payable, of which $580000 is due on January
    5·1 answer
  • Compute the charitable contribution deduction (ignoring the percentage limitation) for each of the following C corporations.
    11·1 answer
  • On december 1 victoria company signed a 90 day 4% note payable with a face value of 15,000 what amount of interest expense is ac
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!