What are the options to choose from?
Answer:
Gross margin = $166,500
so correct option is C. $166,500
Explanation:
given data
Planned and actual production = 40,000 units
Sales = 37,000 units @ $15 per unit
Production costs
Variable = $4 per unit
Fixed = $260,000
Selling and administrative costs
Variable = $1 per unit
Fixed = $32,000
to find out
gross margin that the company would disclose on an absorption costing income statement
solution
we get here sale that is
Sales = 37000 × $15
sales = $555,000
and
cost of good sold is
cost of good sold is = variable cost per unit + fixed cost per unit
cost of good sold is = 4 +
cost of good sold is = 10.5
so total cost of god sold = 37000 × $10.5
total cost of god sold = $388500
so Gross margin is here
Gross margin = $555,000 - $388500
Gross margin = $166,500
The answer is<u> "a. analysis, planning, implementation, organization, and control".</u>
The marketing process comprises of five key steps. The initial step is comprehend the commercial center and client needs and wants.In the last advance of the five-advance process, the organization receives the benefits of solid client connections by catching an incentive from customers. The marketing process, in which four of them concentrated on making an incentive for clients. One procedure for making an incentive for clients is customer-engagement marketing, which encourages immediate and ceaseless client association in forming brand discussions, brand encounters, and brand network.
Answer:
The answer is: Evaluation stage
Explanation:
The evaluation stage (or phase) of organizational development comprises evaluation and closure. At this phase the OD consultant should be able to measure how successful her plan was. She should also gain important information about what other key aspects should be improved and elaborate future action plans. Organizational development work is not static, it should continuously receive and process feedback in order to keep readjusting itself to keep improving.
Answer:
d. the suspense account
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP).
Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.
In Financial accounting, if a trial balance totals do not agree, the difference must be entered in the suspense account