Answer:
Under variable costing, the company's net operating income for the year would be $60,000 lower than under absorption costing.
Explanation:
The computation of the operating income under variable costing is shown below:
But before that following calculations need to be done
Fixed manufacturing overhead per unit is
= $240,000 ÷ 20,000 units
= $12 per unit
Ending Inventory units is
= 20,000 units - 15,000 units
= 5,000 units
Now Cost of ending Inventory deferred under absorption costing is
= 5,000 units × $12
= $60,000
So, the second option is correct
Answer: 25
Explanation:
Given, A company experiences a stock split due to poor performance. Ariana's initial investment was a purchase of 50 stocks at $12.99 per share.
Value of her shares = 50 x $12.99
= $649.50
The reverse split is 1:2 means the number of shares split into half but the total value of her shares remains the same.
i.e. Ariana owns 50/2=25 stocks after the stock split.
Hence, Ariana owns 25 stocks after the stock split.
Answer:
a congressionally mandated decrease in tax rates to stimulate the economy.
Explanation:
Automatic fiscal stabilizers are stabilizers that come into force automatically during economic fluctuations. They are not enacted by the government, policymakers or an agency of the government.
I hope my answer helps you