True. Variable costing treats fixed overhead cost as a period cost.
A variable cost changes with the number of units that are put out.
Overhead cost (which is ongoing) refers to what it takes to run the business or product the product.
A period cost refers to a cost that is linked over time for a transaction, not constant.
Answer:
The correct option is a. $19,073.
Explanation:
Since the company must repay the bank a single payment of $25,000, the present value can be calculated as follows:
PV = FV / present value of 1 (single sum) at 7% for 4 years ..................... (1)
Where;
PV = Present value of the loan = ?
FV = Future value of the loan = $25,000
Present value of 1 (single sum) at 7% for 4 years = 0.7629
Substituting the values into equation (1), we have:
PV = $25,000 / 0.7629
PV = $19,073
Therefore, present value of the loan (rounded) is $19,073. Therefore, the correct option is a. $19,073.
Prisons have a _________________from which residents may periodically purchase a limited number of items—toilet articles, tobacco, snack foods, etc.—in exchange for credits drawn on their "bank accounts."
Store
Answer:
D. zero
Explanation:
Basically there are three types of activities:
1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.
2. Investing activities: It records those activities which include purchase and sale of the fixed assets
3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.
This transaction does not involve any operating transaction. So, the answer would be zero
Answer:
350
Explanation:
Calculation for How many components are made in the production cycle
Components A 100 units
Components B 50 units
Components C 200 units
Total 350 components
Therefore How many components are made in the production cycle is 350 components