Answer:
$71,240
Explanation:
The computation of the total gross margin under absorption costing is shown below:
As we know that
Gross Margin = Sales - Variable Manufacturing Cost - Fixed Manufacturing Overhead For Units Sold
Sales (2,740 units × $131) $358,940
Less Manufacturing Costs
Direct Materials (2,740 units × $44) $120,560
Direct Labor (2,740 units × $19) $52,060
Variable Manufacturing Overhead (2,740 units × $13) $35,620
Fixed Manufacturing Overhead ($85,260 ÷ 2,740 units ÷ 2,940 units) $79,460
Gross Margin $71,240
We simply applied the above formula
Answer:
Plagiarism
Explanation:
Plagiarism is an illegal act of presenting another author's intellectual work or copyrighted items by using their ideas, thoughts, language or expressions, word for word.
The first issue you will need to address as you redesign the corporate blog is to ensure that you are avoiding copyright violations and plagiarism in order to avoid having many direct paragraphs from competitor websites and product manufacturing magazines.
Explanation:
The flood will lead to the destruction of the resources in the country.This will result in the shifting of the PPC curve leftward in the economy.
Earlier PPC is represented by PP curve.After the floods and destruction of resources,the curve shifts to P1P1.It is due to the availability of the number of possible combinations which decreases with the destruction of resources.
Answer:
1. Which amount related to this purchase should be recorded in the accounting records?
According to the historical cost principle, assets must be recorded at their original purchase price, only accumulated depreciation can adjust their value.
2. The resources owned by a business are its _____.
Assets are all the resources a business uses to carry out their normal business activities and operations.
3. The rights and claims of creditors on a company's assets are represented by _____.
Liabilities represent all the debts that a company has.
4. Which element of the accounting equation represents the rights of owners?
Equity refers to the part of a company owned by its stockholders or owners. A company can finance itself through all equity, or it can have a mixed financing structure with equity and debt (liabilities). The investment made by the owners of a company is represented by the equity part of the balance sheet.
Prises fo thimgs arnt very high because the stores arnt as desprite for money
