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2 years ago

ILL MARK YOU AS BRAINLIEST

Business

2 answers:

Alex73 [517]2 years ago

7 0

The answer could be (B)?

kipiarov [429]2 years ago

4 0

Answer: b

Explanation: i just did it on my test and got B

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Jackson Company produces plastic that is used for injection-molding applications such as gears for small motors. In 2019, the fi

jeka94

Answer:

income statements for each year using variable costing

2019 2020

Sales $8,832,000 $11,040,000

Less Cost of Sales :

Opening Stock $0 $353,280

Add Manufacturing Cost $1,766,400 $1,413,120

Less Closing Stock ($353,280) $0

Cost of Sales ($1,413,120) ($1,766,400)

Contribution $7,418,880 $9,273,600

Less Expenses

Fixed manufacturing costs ($3,312,000) ($3,312,000)

Selling Expenses :

Variable ($706,560) ($883,200)

Fixed Administrative Expenses ($470,000) ($470,000)

Net Income / (Loss) $2,921,120 $4,608,400

Explanation:

Reconciliation of Units

2019 2020

Opening Stock 0 920

Add Production 4,600 3,680

Available for Sale 4,600 4,600

Less Sales (3,680) (4,600)

Closing Stock 920 0

Product Cost

Consider only variable manufacturing costs

Product Cost = $2,400 × 16%

= $384

7 0

3 years ago

Miguel Corporation, a foreign subsidiary of a U.S. parent company, has one asset (Land) and no liabilities. The functional curre

user100 [1]

Answer:

All the 4 statements are correct.

Explanation:

The International Accounting Standard on Currency changes says that the all the assets and liabilities of the subsidiary must be reported at market value of the asset both at the end of the year and at the time of sale of asset & payment of liability. So this means that the statement a and d are correct statements because the translation gain or loss is reported by using the spot rate which is the market value of the asset in the parent company's currency. Similarly, the statement b and c are correct because at the time of sale of subsidiary assets we are actually recognizing the remeasurement gain or loss by using the spot rate, which is the market value of the asset in the parent company's currency.

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2 years ago

Which of these statements is true?

DIA [1.3K]

C it’s a good chance

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2 years ago

Read 2 more answers

You are planning to build a new home with approximately 2,000-2,500 gross square feet of living space on one floor. In addition,

Sphinxa [80]

Answer:

The unanimous Declaration of the thirteen united States of America, When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature

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2 years ago

What would a central bank need to do to reverse the effects of a favorable supply shock on inflation? what would its reaction do

denis-greek [22]

A favorable supply shock is a sudden increase in supply that makes the short-run aggregate supply curve (SRAS) shift to the right, average price levels go down and real GDP also shifts to the right. In this case, average price levels go down as shown in the figure below from p1 to p2 SRAS shifts right.

This may make create deflation in an economy and discourage new producers to enter the market, to bring back inflation, the central bank may reduce interest rates and decrease the money supply in the market, and in short, will follow expansionary monetary policy. This will make people demand more and hence as aggregate demand shifts to correct average price levels may again go up. This move will create new jobs in the market as aggregate demand will increase in the short term.

A supply shock is an event that causes unexpected cost increases or production disruptions. This shifts the short-run aggregate supply curve to the left, boosting inflation and lowering real domestic production.

Learn more about supply shock at

brainly.com/question/9270152

#SPJ4

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1 year ago