Answer:
Net income <u> 26,000</u>
Explanation:
Absorption costing classifies costs as production cost and non-production costs ( selling and distibution , administration e.t.c)
Income statement using Absorption costing
$
Sales Revenue 2,150,000
Less cost of goods sold
Direct material 960,000
Direct labour cost 420,000
Variable manufacturing 156,000
Fixed manufacturing <u>288,000</u>
production cost (<u> 1,824,000 )</u>
Gross profit 326,000
Selling and distribution
Variable 204,000
Fixed <u>96,000</u>
<u>(300,000) </u>
Net income <u> 26,000</u>
Answer
B. False
Explanation
None
Answer:
d. None of the available choices is correct
Explanation:
None of these options accurately describe a way in which utility can be measured. Utility is a concept widely used in economics which tries to measure the satisfaction that a consumer receives from a particular good or service. It is impossible to accurately measure the exact utility of a particular good to a consumer. Nevertheless, an estimation is useful when making decisions about how to distribute our money within a budget.
Answer: Your answer is B. savings
Explanation: I got it right :) have a good day everyone and I hope this helped you. (if i got it right please brainliest or 5 stars!)