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astraxan [27]
3 years ago
13

Sales totaled $1,242,300 for the year, variable selling and administrative expenses totaled $140,220, and fixed selling and admi

nistrative expenses totaled $217,008. There was no beginning inventory. Assume that direct labor is a variable cost. Under variable costing, the company's net operating income for the year would be
Business
1 answer:
3241004551 [841]3 years ago
4 0

Answer:

$105,260 lower than under absorption costing

Explanation:

The computation of the net operating income for the year is shown below;

Change in units in inventory is

= Units produced - Units sold

= 30,140 units - 24,600 units

= 5,540 units

Now the fixed overhead per unit is

= Fixed manufacturing overhead ÷  Units produced

= $572,660 ÷  30,140

= $19 per unit

Now the total amount would be

= 5,540 units × $19 per unit

= $105,260

Since the units produced is more than the units sold that means the net income under absorption costing is more than the net income under variable costing

hence, $105,260 lower than under absorption costing

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Answer:

movement up the U.S. production possibility frontier.

Explanation:

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.  

The PPF is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.  

Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources

Points inside the production possibilities curve means that the nations resources are not being fully utilised

Factors that cause the PPF to shift  

1. changes in technology.  

2. changes in available resources.  

3. changes in the labour force.

Due to the winter, there would be a movement up along the PPF

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3 years ago
Zappos was created and made possible by a changing business-environmental factor. this factor is
antiseptic1488 [7]
Zappos is an online shoe and clothing shop. <span>Zappos was created and made possible by a changing business-environmental factor. This factor is technology. The new technologies (internet) enable the online sales and e-commerce. Products are sold online on web-sites.</span>
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4 years ago
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After graduating from one of the highest-ranked business schools in the world, Alfred was hired as a divisional marketing manage
rusak2 [61]

Answer:

<em>c. middle manager</em>

Explanation:

A middle manager <em>is an employee or company worker who oversees at least one managerial  subordinate level and responds to a greater managerial level within the company. </em>

A middle manager's responsibilities usually involve executing the upper-level manager's  strategic instructions at the operational level, monitoring subordinate managers and  employees to guarantee the company's proper functioning.

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3 years ago
An example of foreseeable damages from a faulty repair of your car that led to an accident would be __________. your loss of a w
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Answer:

the cost to repair your vehicle, as well as all damage to other vehicles involved in the accident.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

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3 years ago
What are the four different types of factors of production?
VladimirAG [237]

Answer:

Land, Labor, Capital and Entrepreneurship

Explanation:

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  3. Capital: Are the resources used to produce other goods and services.  Capital includes physical and financial assets used to generate more products. They include machinery, equipment, factories, technology, and buildings.
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