1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rus_ich [418]
3 years ago
13

In a CVP income statement, cost of goods sold is generally:

Business
1 answer:
Nadya [2.5K]3 years ago
3 0

Answer:

d) partly a variable cost and partly a fixed cost.

Explanation:

CVP income statement is also known as cost volume profit income statement, it is generally a product of CVP analysis and it include five elements:

  • Price of products.
  • Volume of activity.
  • Variable cost per unit.
  • Total fixed cost.
  • Mix of product sold.

CVP analysis are conducted to know how changes in cost and volume would impact company´s operating income and net income. It require all the cost of company should be segregated into variable and fixed cost. It also calculate contribution margin, which help to identify the profit of company before deducting fixed cost.

You might be interested in
A system of accounting for manufacturing operations that produces timely information about inventories and manufacturing costs p
sasho [114]

Answer:

The answer is cost accounting system.

Explanation:

Cost accounting is a tool that allows you to estimate the actual price of the products, which allows you to establish a profit margin for each unit sold. Depending on the activity of the company, several techniques are used such as production costing, process costing, standard costing, absorption costing, etc.

5 0
2 years ago
Congress enacts the Ad Restriction Act (ARA) to limit advertising in certain circumstances. The ARA will be considered valid il
Bond [772]

Answer:

A) and goes further than necessary to ensure full coverage

8 0
3 years ago
Requirements analysis is a process in which stakeholders identify the features that a project will need and then prioritze them
Nonamiya [84]
I will assume this is a true or false question, the answer is true. Requirements analysis, likewise called requirements engineering, is the way toward deciding client desires for another or altered item. These elements, called necessities, must be quantifiable, significant and point by point. In programming building, such necessities are frequently called utilitarian particulars.
6 0
2 years ago
Arena, Inc. uses the direct method to prepare its statement merchandise inventory of cash flows. Use the following information r
Svet_ta [14]

Answer:

D. $184,400

Explanation:

Please see attachment

7 0
2 years ago
The Occupational Safety and Health Act (OSHA) mandated that first-aid kits be available in business establishments employing mor
Galina-37 [17]

Answer:

The correct answer is D

Explanation:

OSHA stands for Occupational Safety and Health Act, which is passed in order to encourage the safer workplace conditions in the U.S. They set the standards as well as perform the inspections at the job sites.

OSHA made mandatary the first aid kits to be available in the business who are employing more than 3 years people. So, this newly formed company was successful in developing the kits, this is example of the government regulations as a source for the ideas of the new products.

3 0
3 years ago
Other questions:
  • Benny the Barber owns a one-chair shop. At barber college, they told Benny that his customers would exhibit a Poisson arrival di
    7·1 answer
  • What is the majority of food made from
    7·2 answers
  • What are the 3 Building Blocks of Debt
    14·2 answers
  • The most popular entertainment resort in the world is _____. the Las Vegas Strip SeaWorld Hershey Park Walt Disney World Resort
    11·2 answers
  • Mediocre economists often consider only the immediate apparent effects of a change, whereas a good economist will also consider
    10·1 answer
  • In recent years, the U.S. labor market has experienced a __________ in the earnings gap between men and women. One of the main f
    13·1 answer
  • How would each of the following affect the firm's marginal, average, and
    11·1 answer
  • According to the law of supply what's the result of an increase in the supply of workers for a job if all other factors remain e
    7·1 answer
  • What is mainly the effect of including the phrase "A Ballad of the Republic" in the title?
    11·1 answer
  • If the effective annual yield on a bond is equal to the bondʹs coupon rate, the bond will have a market value that is
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!