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zzz [600]
3 years ago
13

Stiller Corporation incurred fixed manufacturing costs of $12,000 during 2011. Other information for 2011 includes: The budgeted

denominator level is 2,000 units. Units produced total 1,500 units. Units sold total 1,200 units. Beginning inventory was zero. The company uses absorption costing and the fixed manufacturing cost rate is based on the budgeted denominator level. Manufacturing variances are closed to cost of goods sold. Fixed manufacturing costs expensed on the income statement (excluding adjustments for variances) total:
Business
1 answer:
DiKsa [7]3 years ago
6 0

Answer:

Cost of Goods Sold will contain 9,600 of the fixed manufacturing cost

Explanation:

actual fixed cost 12,000

Under absorption cost, the produced units will take the complete manufacturing cost

total manufacturing cost / produced units

            12,000                 /    1,500 units        = 8

Then, we multiply by the amount of units sold to know how much of the manufacturing cost were recognize during the period

1,200 x 8 = 9,600

The rest, will be capitalized into inventory.

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7 0
1 year ago
What should I ask for my birthday?
Gnom [1K]

Answer:

Consider books you would like to have. Maybe you would not buy them for yourself, but you would love them as birthday presents. Think of restaurants you would like to visit on your birthday.Clothing could be a suitable birthday gift.Day passes to an amusement park could make a fun birthday gift. Tickets to an observatory can be a great gift for someone who enjoys astronomy. A hot air balloon ride might make the perfect birthday gift.

Hope this helped you!

Explanation:

5 0
3 years ago
The total annual expenditures on advertising in the United States Multiple Choice peaked last year at approximately $700 billion
sweet [91]

The total annual expenditures on advertising in the United States is about $420 billion.

Explanation:

In general, promotional expenses should be listed on the Income Statement of the organization.

Look for "advertising expenses," "marketing expenses" or "sale expenses." Often these costs may be combined in other financial or general costs.

Collectively, the top 200 marketers in the US spend a whopping 163 billion dollars on ads in 2018, up 3.6 per cent year on year, according to Ad Age's latest Leading National Marketers study.

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3 years ago
Pretend you make $750 worth of purchases on your credit card, your bill arrives saying your minimum payment
Arte-miy333 [17]

Answer and Explanation:

You will be charged credit card interest on the outstanding balance. Your credit card interest is added to your outstanding balance for each day past your due date of payment(after the month you didn't pay the full amount)

You made a purchase of $750 and paid $150 and so you have an outstanding balance of $600. This outstanding balance will be charged interest on daily basis. Let's assume your APR(your annual interest over 12 months) is 24%, your interest is broken down into months and then days. Your monthly interest is therefore 24/12= 2% and your daily interest = 0.02/30 = 0.00067= 0.0067% per day.

Based on this assumption, you will be charged 0.0067% interest on your outstanding balance each day till you make full payment(interest + outstanding balance)

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3 years ago
Metro Holdings Inc. contracts to sell a commercial parking garage to New Property LLC. The contract provides that if Metro does
Shkiper50 [21]

The provision is not enforceable if it is a reasonable estimate of the loss on the breach.

Option - b

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There are a few solutions for rupture of agreement, for example, grant of harms, explicit execution, rescission, and restitution. In courts of restricted purview, the fundamental cure is an honor of harms.

Since explicit execution and rescission are evenhanded cures that don't fall inside the purview of the officer courts, they are not canvassed in this instructional exercise.  

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Standard measure, The standard proportion of harms is a sum that would permit the no breaching gathering to purchase a substitute for the advantage that would have been gotten if the agreement had been performed.

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