<span>In America through most of the 1800's, a firm stand was taken in favor of the classical economic views of smith and ricardo.</span>
Answer:
b. the equity method.
Explanation:
The equity method is used when the investor company will own approximately 20% to 50% of the common stock of the investee company. This method is used because the investor company will have significant influence over the actions taken by the investee company. The investee company will generally be considered an affiliate company, but not a subsidiary.
It should be noted that When calculating the cost of direct materials on the Schedule of Costs of Goods Manufactured,
The cost of indirect materials must be Subtracted from raw materials used in production.
<h3>What are Direct material costs ?</h3>
Direct material costs can be regarded as those cost of the raw materials as well as those components used in making the product.
Therefore, the cost of indirect material is required to be Subtracted from raw materials used in production.
learn more about Direct material cost at:
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Soup + Salad = 5.50
Soup = Salad + 1
Subtitute both formulas into:
Salad + 1 + Salad = 5.50
2 Salad = 4.50
Salad = $ 2.25
= 225 cents
Answer:
21,200 units
Explanation:
For determining the sales, first we have to compute the net operating income difference which is shown below:
= Net operating income under absorption costing - Net operating income under variable costing
= $89,000 - $74,600
= $14,400
Now the inventory units increased by
= $14,400 ÷ 12 per unit
= 1,200 units
And, the production units are 22,400
So, the sales would be
= 22,400 units - 1,200 units
= 21,200 units
This is the answer and the same is not provided in the given options