HELP PLEASE:)

Fleet, Inc. manufactured 700 units of Product A, a new product, in 20Xl. Product Xs variable and fixed manufacturing costs per u

Ulleksa [173]

Answer:

The change in the dollar amount of inventory is $200 due to change in the inventory costing method.

Explanation:

The variable cost per unit is $6.00 while the fixed cost per unit is $2.00

Variable cost per unit = $6.00

Absorption cost pet units = $8.00

Total cost under absorption costing = Absorption cost per unit / number of units in ending inventory

Total absorption cost = $8.00 × 100 = $800

Total cost under variable cost = Variable cost per unit × number of units in ending inventory

Total variable cost = $6.00 × 100 = $600

Change in cost = Total absorption cost - Total variable cost

Change in cost = $800 - $600 = $200

3 0

2 years ago

the following are characteristics shared by both for-profit and not-for-profit corporations EXCEPT ________.

MArishka [77]

The following are characteristics shared by both for-profit and not-for-profit corporations EXCEPT <span> issuing shares of stock</span>

4 0

3 years ago

Last year Hamdi Corp. had sales of $500,000, operating costs of $450,000, and year-end assets (which is equal to its total inves

adelina 88 [10]

Answer:

1.74%

Explanation:

17% Debt 50% Debt

Sales $500,000 $500,000

Less: Cost $450,000 $450,000

Less: Interest <u>$5,546</u> <u>$17,400</u>

Profit before tax $44,454 $32,600

Less: Tax at 35% <u> $15,559</u> <u>$11,410</u>

Net Income <u> $28,895</u> <u>$21,190</u>

Equity $361,050 $217,500

Return on Equity 8.00% 9.74%

Change in ROE = 9.74% - 8.00% = 1.74%

Workings

Interest (17% Debt) = 43,500*17%*7.5% = $5,546

Interest (50% Debt) = 43,500*50%*8% = $17,400

Tax (17% Debt) = $44,454 * 0.35 = 15,559

Tax (50% Debt) = $32,600 * 0.35 = 11,410

Equity (17% Debt) =435,000*83% = 361,050

Equity (50% Debt) = 435,000*50% = $217,500

Return on Equity = $28,895/$361,050 = 8.00%

Return on Equity = $21,190/$217,500 = 9.74%

7 0

3 years ago

In their simplest form, bonds are pure ________. a) debt b) equity c) hybrid security d) current assets

melomori [17]

In their simplest form, bonds are pure a) debt.

<h3>What are bonds?</h3>

A bond may be a debt security, almost like an IOU.
Borrowers issue bonds to boost money from investors willing to lend them money for a certain amount of time.
When you buy a bond, you're lending to the issuer, which can be a government, municipality, or corporation.
In return, the issuer promises to pay you a specified rate of interest during the lifetime of the bond and to repay the principal, also referred to as face value or par value of the bond, when it "matures," or comes due after a group period of time.

<h3>What sorts of bonds are there?</h3>

The main types of bonds are:

Investment-grade
Corporate bonds
Municipal bonds
High-yield bonds

To learn more about bonds: brainly.com/question/17405470

#SPJ4

5 0

1 year ago

The contrast error is committed when the rates rate people:

serious [3.7K]

Answer:

d) relative to others instead of against performance standards.

Explanation:

Contrast error is one that occurs during performance rating where a person is not rated objectively, but against previous people who performed good or badly.

The person's ratings is affected negatively or positively.

A person that performs well subconsciously sets a benchmark in the mind of the rater, and he now rates future participants based on this benchmark and not on performance standards that have been set.

5 0

3 years ago