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3 years ago

A manufacturer reports the information below for three recent years.

Business

1 answer:

evablogger [386]3 years ago

6 0

Answer:

Year 1

Fixed Overhead in ending inventory = (2,200 * $1.20) = $2,640

Year 2

Fixed Overhead in ending inventory = (1,700 * $1.20) = $2,040

Fixed overhead in beginning inventory = (2,200 * $1.20) = $2,640

Year 3

Fixed Overhead in ending inventory = (1,800 * $1.20) = $2,160

Fixed overhead in beginning inventory = (1,700 * $1.20) = $2,040

Absorption costing income

Particulars Year 1 Year 2 Year 3

Variable costing income $140,000 $146,400 $143,950

Fixed Overhead in ending inventory $2,640 $2,040 $2,160

Fixed overhead in beginning inventory $0 ($2,640) ($2,040)

Absorption costing income $142,640 $145,800 $144,070

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Fixed costs remain the same for a period of time. Variable costs increase or decrease depending on the performance of the company. Examples of fixed costs are rent, taxes, and insurance premiums.

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1 year ago

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Answer:

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3 years ago

Discuss the intellectual debates by contemporary scholars surrounding issues of development

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Answer:

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2 years ago

Suppose that you purchased a conventional call option on growth in Non-Farm Payrolls (NFP) with an exercise price of 210,500 job

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Answer:

Suppose that you purchased a conventional call option on growth in Non-Farm Payrolls (NFP) with an exercise price of 210,500 jobs. The NFP conventional contract pays out $85 for every job created in excess of the exercise price. a. What is the value of the option if job growth is 193,500.

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