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3 years ago

Which of the following statements is true regarding variable costing?Multiple Choice

Business

2 answers:

pentagon [3]3 years ago

8 0

Answer:

Explanation:

Citrus2011 [14]3 years ago

8 0

Answer:

B.Only manufacturing costs that change in total with changes in production level are included in product costs

Explanation:

Variable costing is an accounting methodolgy that only charges variable costs to invetory, so it is a tricky way to do the accounting because it does not take all of the variables into consideration in order to be able to price something, it doesn´t take all of the costs of the company in the cost of producing their products, so that is why it is not traditional or popular accounting system.

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You deposit $509 in a savings account and one year later you have $562. At the same time, the CPI increases from 126 to 143. Wha

GaryK [48]

Answer:

real interest rate = -3.08%

Explanation:

real interest rate = nominal rate - inflation rate

nominal interest rate = [($562/$509) - 1] x 100 = 10.41%
inflation rate = [(143/126) - 1] x 100 = 13.49%

real interest rate = 10.41% - 13.49% = -3.08%

since the real interest rate is negative, the investor actually lost money in real dollars. This means that the amount of goods that the investor could purchase before making the investment is higher than the amount of goods he/she will be able to buy after the investment.

6 0

3 years ago

Name two arguments that support international trade.

sergij07 [2.7K]

(Two arguments that support IT) - 1: people will still continuing to vote or trade other countries, 2: people will get good wages with their trades. (Two arguments that do not support IT) - 1: upon their trades, they will get high taxes, 2: some people trades that was stolen from the society. In my opinion the world and the USA are usually similar, in fact USA will eventually hated the IT because the Russians and its friends and at Middle East still continuing and make an agreement to other neighbor countries and the worst part they are still continuing trading weapons, or parts of the nuclear weapon.

7 0

3 years ago

Read 2 more answers

John's Auto Repair just obtained an interest-only loan of $35,000 with annual payments for 10 years and an interest rate of 8 pe

Nookie1986 [14]

Answer:

$2,800

Explanation:

An interest only loan represents a type of loan offer where a borrower is only expected to pay the interest either for some of the term of the loan as agreed or for all of the terms of the loan. However, the principal amount that is collected remains constant all through the agreed interest -only period.

Since the loan obtained by John's Auto Repair is Interest Only, it means that the principal of $35,000 remains constant.

Hence, in the 8th year, John is expected to pay only the interest for the period =

0.08 x $35,000

= $2,800

5 0

3 years ago

A store asked 250 of its customers to study the relationship between the amount spent on groceries and income. a meaningful disp

ch4aika [34]

A store asked 250 of its customers to study the relationship between the amount spent on groceries and income. a meaningful display of the data from this study would be a scatterplot

Using Cartesian coordinates, a scatterplot is a form of plot or mathematical diagram that shows values for typically two variables for a set of data. An additional variable can be shown if the points are color-, shape-, or size-coded.

When one continuous variable is under the experimenter's control and the other depends on it or when both continuous variables are independent, a scatterplot can be utilized. The data are shown as a series of points, with each point's value dictating its position on the horizontal axis and its value dictating its position on the vertical axis.

To know more about scatterplot

brainly.com/question/25280625

#SPJ4

8 0

1 year ago

Betty operates a beauty salon as a sole proprietorship. Betty also owns and rents an apartment building. This year Betty had the

nikitadnepr [17]

Answer:

Betty's AGI $33,558

Explanation:

Betty's AGI:

Revenue from salon $88,560

Salaries paid to beauticians ($46,440)

Nail salon supplies ($23,620)

Salon's operating income $18,500

Interest income $14,665

Rental revenue from apartment building $35,180

Depreciation on apartment building ($14,400)

Real estate taxes paid on apartment building ($11,980)

Rental income $8,800

Alimony paid to her husband $7,100

Self-employment tax on salon income $1,307

Betty's AGI $33,558

Real estate taxes paid on Betty's house and charitable contributions are itemized deductions (below the line deductions).

6 0

3 years ago