Answer:
$385,700
Explanation:
Based on the information provided within the question we can say that the selling price of the house was that of $385,700 . This can be calculated by adding up all the prices provided plus the direct labor and markup like so.
Direct Labor: $90,000 * 0.55 = $49,500
Markup: 40% / 100 = 0.40 (percent to decimal) + 1 (to make it as an additional value) = 1.40
Price Before Markup: $70,000 + $90,000 + $66,000 + $49,500 = $275,500
Adding Markup: $275,500 * 1.40 = $385,700
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Answer:
because they cant stop spending money
Explanation:
money is money
A mentor is the answer.
Mentors are usually older and more experienced, and train their younger counterparts.
The financial statement called the Statement of Financial Position is also known as the Balance Sheet.
The three accounting elements that are included on this statement are the Assets, Liabilities and Owner’s Equity.
Answer:
A. its operating income for the period will be higher than under absorption costing
Explanation:
As we know that
Under absorption costing, the fixed cost is divided on the number of units produced
And under the variable costing, the fixed cost is considered as a cost selling of goods so the absorption costing method will be lower than the value of finished goods.
As per the question, the started finished goods will help and sell the whole production and starting balance that means under absorption costing of goods which is to be sold is much than variable costing.
