Answer:
b. Operating activities
Explanation:
As we know that there are two methods of cash flow statement. The one method is direct method and the other one is indirect method
Also the financing activities and the investing activities should be same calculated under both the methods
But the operating activities would be calculated differently under both the methods
In the direct method, the cash receipts and cash payment would be adjusted while an indirect method, the changes in working capital would be adjusted
Therefore the option b is correct
Answer: discloses contribution margin in the body of the statement.
Explanation:
The Cost Volume Profit (CVP) income statement is made to better show the influence of variable costs and fixed costs on income. It as well shows the effects that changing costs and production volume can have on the income.
Although it shows the same income as a traditional income statement, the format is different in that the contribution margin is included in the statement and the costs and revenue per unit are shown as well.
Answer:
293,000 units
Explanation:
As we know that
Ending work in process inventory units = Beginning inventory units + units started - units completed and transferred
72,000 units = 75,000 units + 290,000 units - units completed and transferred
72,000 units = 365,000 units - units completed and transferred
So, the units completed and transferred would be
= 365,000 units - 72,000 units
= 293,000 units
