1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Maurinko [17]
3 years ago
12

On the variable costing income statement, the figure representing the difference between manufacturing margin and contribution m

argin is the: a.variable cost of goods sold b.fixed manufacturing costs c.variable selling and administrative expenses d.fixed selling and administrative expenses
Business
1 answer:
rjkz [21]3 years ago
6 0

Answer:

c. variable selling and administrative expenses

Explanation:

On the variable costing income statement, the figure representing the difference between manufacturing margin and contribution margin is the <u>variable selling and administrative expenses.</u> Variable cost is comprised of cost of goods sold and selling and administrative expense when we deduct cost of goods sold from sales we get manufacturing margin and when we deduct further selling and administrative expense we get contribution margin.

You might be interested in
Beginning Work in Process Inventory was 10,000 units that were 20% complete and 40,000 units started, with ending Work in Proces
lesya692 [45]

Answer:

Material EUP = 5000

Conversion Costs EUP = 51,200

Explanation:

Under weighted average method

Beginning Work in Process Inventory            10,000

Units Started                                                 <u>  = 40,000</u>

Units to account for                                           <u>50,000</u>

<em><u>In the Work In Process for Conversion Costs</u></em>

Beginning Work In Process (10,000*20 %)   = 2000 were complete

Work done on beginning inventory = 10,000- 2,000= 8,000

Units Started                                                   = 40,000

Add Ending Inventory (8000*40%)                 <u> 3200</u>

Units to account for =                                     <u>51,200</u>

5 0
3 years ago
When the market is more optimistic about a firm, its share price will ______; as a result, it will need to issue _______ shares
galben [10]

Answer:

The answer is rise, fewer

Explanation:

When the market is more optimistic about a firm, its share price will RISE OR INCREASE as a result, it will need to issue FEWER shares to raise funds that are needed.

Share price can increase as a result of positive economic environment. For example, the company is making consistent profit, prevailing economic or environmental conditions are favouring the company.

When this happens, company will issue lower shares to raise fund because many investors will be looking to buy their shares.

6 0
3 years ago
Standahl Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports.
avanturin [10]

Answer:

$335,428

Explanation:

The computation of the plane operating cost is shown below:

Plane Operating Cost = Fixed cost + (Variable cost per unit × quantity) + (Variable cost per unit × quantity)

= $41,490 + ( $2,839 × 101 flights) + ($23 × 313 passengers)

= $41,490 + $286,739 + $7,199

= $335,428

We only considered the planned activity as we have to compute the plane operating cost for the planning budget

8 0
3 years ago
Netpass Company has 300,000 shares of common stock authorized, 270,000 shares issued, and 100,000 shares of treasury stock. The
Yuri [45]

Answer:

Please see attachment

Explanation:

Please see attachment

7 0
3 years ago
W. L. Gore &amp; Associates is organized in such a way that it has no formal job titles, job descriptions, or chains of command.
Harrizon [31]

Answer:

B) a decentralized structure.

Explanation:

In a decentralized organizational structure, many decision making responsibilities are delegated from upper management to middle and lower management. Most normal day-to-day decisions are made by entry level employees and lower management. The company's organizational structure is not rigid and most decisions can be made rather quickly.

5 0
3 years ago
Other questions:
  • Milano worked for twentieth television. she developed the concept for a reality television series called "from fat to phat," whi
    8·1 answer
  • Economies of scope Question 21 options: stem from the cost-saving efficiencies of scattering a company's manufacturing/assembly
    6·2 answers
  • Which of the following is true of open market operations? Select the correct answer below: Open market operations involves the b
    10·2 answers
  • Kilroy Corporation provides services to a customer for $1,000. The customer complained that there was a slight defect in the ser
    11·1 answer
  • On July 1, 2017, Brigham Corporation purchased Young Company by paying $250,000 cash and issuing a $100,000 note payable to Stev
    5·1 answer
  • Cameron is the sales director for his Northeast company’s region. This is an example of
    14·1 answer
  • Question 13 of 20
    13·1 answer
  • Tyler Financial Services performs bookkeeping and tax-reporting services to startup companies in the Oconomowoc area. On January
    10·1 answer
  • Question 1 Brijesh is negotiating with Sara, who wants to purchase his car. The only issue is price. This is an example of a
    12·1 answer
  • A CPA can accept a gift from a client as long as: Group of answer choices Adequate internal controls exist in the client entity
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!