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NNADVOKAT [17]
3 years ago
11

The Southern Corporation manufactures a single product and has the following cost structure: Variable costs per unit: Production

$ 35 Selling and administrative $ 14 Fixed costs per year: Production $216,300 Selling and administrative $190,340 Last year, 7,210 units were produced and 7,110 units were sold. There was no beginning inventory. The carrying value on the balance sheet of the ending inventory of finished goods under variable costing would be:
Business
1 answer:
Blizzard [7]3 years ago
3 0

Answer:

$3,500

Explanation:

Under variable costing method, product costs are calculated on variable manufacturing  costs only.

Step 1 : Determine unit Product Cost

Product Cost = Variable Manufacturing Costs

                      =  $ 35

Step 2 : Determine the units in Inventory

Units in Inventory = Opening Stock + Production - Sales

                              = 0 +  7,210 - 7,110

                              = 100 units

Step 3 : Determine Inventory value

Inventory value = Units x Cost per unit

                           = 100 units x $ 35

                           = $3,500

Conclusion :

the ending inventory of finished goods under variable costing would be: $3,500

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Digiron [165]

Answer:

The correct answer is 65.

Explanation:

If you have a job enrolling in Medicare during a valid Medicare enrollment period, and you have both Medicare and your employer's insurance, these are the rules set by Medicare that decide which coverage you must pay first (called the "primary payer") and what coverage you must pay in the second instance (called "secondary payer"). Generally, the order of payers works as follows:

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6 0
3 years ago
Which of the following is not a good example of a substitute product that triggers stronger competitive pressures? A. video-on-d
Paha777 [63]

Answer:

The correct solution to either the following question seems to be Option E (Coca-Cola as a substitute for Pepsi ).

Explanation:

  • A substitute product seems to be a product of some other sector that offers integrated values to the customer as the commodity manufactured by organizations in the same organization.
  • These goods are alternatives because they meet identical market requirements and have substantial demand elasticity. Of example, the price of Pepsi seems to have a strong connection with the market of Coke.

Other possibilities aren't related to something like the scenario in question. And the latter reaction is the correct one.

4 0
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1. Legal Reasoning Fact Scenario V:
Ray Of Light [21]

The given case involves c. both a state and a federal discrimination claim.

<h3>What is a Discrimination Claim?</h3>

This refers to the allegations that are leveled by an employee against his employer about job discrimination based on factors such as immigration status, national origin, etc.

Hence, we can see that in a discrimination claim, if the laws are the same, then a judge can make a decision and apply it to both federal and state claims.

With this in mind, we can see that because Rapunzel who lives in Massachusetts files a discrimination claim against her employer, this is both a federal and state claim because it happened in Massachusetts and she had exhausted her administrative remedies.

This leads to the consideration of the courts to file her claim as this can be arrived at based on the question of A. whether the case can be tried in federal court and which courts have personal jurisdiction over Rapunzel.

Read more about discrimination claims here:

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4 0
2 years ago
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Brut [27]

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Both average profit and profit margin show the percentage of profit that a company can expect to receive from $1 worth of sales. It is calculated by dividing the profits by the sales figure,

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This means that for every $1 of sales, there is $0.30 in profit. This method shows us whether the total profit will be negative or positive by showing us individual product profit.

8 0
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umka21 [38]

Answer:

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