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
Bess [88]
3 years ago
5

Kluber, Inc. had net income of $917,000 based on variable costing. Beginning and ending inventories were 56,700 units and 55,400

units, respectively. Assume the fixed overhead per unit was $2.10 for both the beginning and ending inventory. What is net income under absorption costing
Business
1 answer:
Nana76 [90]3 years ago
3 0

Answer:

The answer is "\$235,410".

Explanation:

Variable cost net income =\$917,000

Less: Fixed overhead start  56,700\times \$2.10=\$119,070

Add: Fixed overhead termination  55,400\times $2.10=\$11,6340

Net revenue at cost of absorption =\$235,410

You might be interested in
In her spare time, Sharon is the chair for a local nonprofit organization. The project committee is attempting to determine what
maxonik [38]

Answer: (D) Competing

Explanation:

 According to the given question, Sharon is one of the chair-person of a local non-profit organization and usually in her free time she selected the various types of ideas, thoughts and then forced her ideas on the other organizational members.

So, on the basis of the given concept she is using the competing approach to conflict as this type of approach is typically used for making quick decisions for the purpose of resolving various types of problems or issue is an organization. This is also known as the conflicting management style.  

Therefore, Option (D) is correct answer.

3 0
3 years ago
On December 31 of the current year, Plunkett Company reported an ending inventory balance of $215,500. The following additional
marishachu [46]

Answer:

The amount that Plunkett should report in ending inventory on December 31 is $156,300

Explanation:

The computation of the ending inventory is shown below:

= Ending inventory balance - FOB destination goods purchased - goods being held on consignment

= $215,500 - $44,100 - $15,100

= $156,300

The other items would not be adjusted because the other items are not included in the ending inventory so they are not being considered in the computation part.

5 0
4 years ago
The advantage of having many potential suppliers is their willingness to A. provide technical expertise. B. participate in JIT.
Stolb23 [73]

Answer:

d

Explanation:

the more the suppliers the more the competition would be among suppliers to gain customers. As a result, they would offer lower prices in the short run to customers to gain them.

In the long run, suppliers would leave the oversaturated industry and equilibrium would be restored.

6 0
3 years ago
Assume that marginal revenue equals rising marginal cost at 100 units of output.
Digiron [165]

Answer:

b) -$700.

Explanation:

The economic profit or loss will be:

economic result = revenue - total cost

<u>Where:</u>

fixed cost + variable cost = total cost

400 + 600 = 1,000

revenue = units x selling price per unit

100 units x $3 = $300

economic result = revenue - total cost = 300 - 1,000 = -700

The company is on the optimal level, marginal revenue = marginal cost at 100 units of output.

But, it is not selling at the correct price. It should sale at a higher price.

5 0
3 years ago
What is bond laddering?
adelina 88 [10]
C?
i think I’m not really sure i get mixed up 

5 0
4 years ago
Read 2 more answers
Other questions:
  • One of the main responsibilities employers have under OSHA is to: A. Conduct energy audits B. Notify OSHA of any workplace injur
    8·1 answer
  • Pepsi has a strong brand equity. Over the years, Pepsi has introduced Vanilla Pepsi, Lemon Pepsi, Pepsi One, Pepsi Blue, and Pep
    7·1 answer
  • Suppose your local government decided to tax the interest income on its own bonds as part of an effort to rectify serious budget
    11·1 answer
  • Micropreneurs are exempt from the local ordinances that restrict home-based businesses from operating in residential areas.
    13·1 answer
  • Gina, a minor, enters into a contract to buy a tractor from herb, an adult. the deal is set aside. restoring herb to the positio
    6·1 answer
  • The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below.
    6·1 answer
  • Hiring decisions at Maarja's Razors are made by Maimu Maarja, the Director of Human Resources. Pay rates are approved by the Vic
    7·2 answers
  • Even though the nation faces political instability, the island of Pantay with its wide, expansive beaches is a destination hub f
    10·1 answer
  • Barry’s expectation that employees will complete his requests immediately is typical of —— leaders.
    10·1 answer
  • 15. Snowland and Pledza are neighboring countries. Pledza imports more products than it exports. Over the last decade, Pledza im
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!