Answer:
The correct answer is A. Life-cycle costs
Explanation:
In the life cycle of costs, all the costs associated with the production of a good or the provision of a service over a given period of time interfere. For this reason, professionals in charge of this area should consider not only the information directly related to production, but also the costs associated with the maintenance of the product during its useful life.
Answer:
Th etotal accounts written off during 11 months is $ 24,677
Explanation:
Computation of amounts written off
The movement in the allowance account is as per the following formula
Opening balance + Bad Debts Expense - Amounts written off = Ending balance
$ 13,177 + $ 21,273 - Amounts written off = $ 9,773
By solving the equation
Amounts written off = $ 13,177 + $ 21,273 - $ 9.773 = $ 24,677
In other words, the bad debts expense for the year plus the movement in the allowance balance represents the amounts written off
Structural unemployment can be caused by all of the following except fluctuations in the business cycle.
<h3>
What is Structural unemployment ?</h3>
Structural unemployment is long-lasting unemployment that comes about due to shifts in an economy.
Structural unemployment is caused by a mismatch of skills between the unemployed and available jobs. Structural unemployed is caused by changes in the economy, such as deindustrialization, which leaves some unemployed workers unable to find work in new industries with different skill requirements.
This type of unemployment happens because though jobs are available, there's a mismatch between what companies need and what available workers offer.
For example, employees who produce a specialty clothing product that suddenly is no longer a trend might lose their position producing this specific product, causing structural unemployment.
To learn more about Structural unemployment , refer
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Answer:
fixed overhead price variance - 14300 (F)
fixed overhead PRODUCTION VOLUME variance -12,300 (U)
Explanation:
Given data:
overhead applied =$362,200
actual overhead =$388,800
budgeted overhead = $374,500
fixed overhead price variance = actual overhead - budgeted overhead
fixed overhead price variance =388,800 - 374,500 = 14300 (F)
fixed overhead PRODUCTION VOLUME variance = overhead applied - budgeted overhead
fixed overhead PRODUCTION VOLUME variance =362,200-374,500 = -12,300 (U)
Answer:
The total amount budgeted for product costs for July is $10,875.
Explanation:
Consider the following formula to calculate the total amount budgeted.
Budgeted gross profit = Budgeted sales-budgeted cost of goods sold
= 725*$30 - $10,875 = $10,875.
