total cost to be accounted for
Answer: Option 3.
<u>Explanation:</u>
In Economics, total cost is the all out monetary expense of creation and is comprised of variable cost, which fluctuates as indicated by the amount of a decent delivered and incorporates sources of info, for example, labor and raw material.
Add your fixed expenses to your variable expenses to get your all out expense. Your all out average cost for basic items on your spending limit is the aggregate sum of cash you went through over a one month time span. The equation for discovering this is basically fixed costs + variable expenses = total cost.
Answer:
the warranty expense reported is $138,000
Explanation:
a. The computation of the warranty expense that should be reported in its current period income statement is shown below:
= Given percentage × units sold × repair average cost
= 2% × 69,000 units × $100 per units
= $138,000
Hence, the warranty expense reported is $138,000
Sorry don't know the answer but keep up the good work
Answer:
10% of the total tickets was not sold
Explanation:
Total number of seats in the stadium =Total number of tickets produces=30000
Total ticket sales=Cost per ticket×Number of tickets sold
where;
Cost per ticket=$55
Number of tickets sold=N
Total ticket sales=$1,485,000
Replacing in the expression above;
$1,485,000=55×N
N=1,485,000/55
N=27,000 tickets
Number of tickets sold=N=27000 tickets sold
Total number of tickets=Total tickets sold+Total tickets unsold
where;
Total number of tickets=30000
Total tickets sold=N=27000
Total tickets unsold=S
Replacing;
30000=27000+S
S=30000-27000
S=3000 tickets unsold
Percentage of tickets unsold=(Number of tickets unsold/Total number of tickets)×100
(3000/30000)×100=10%
10% of the total tickets was not sold
