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 the simple Keynesian model, Multiple Choice Inflation becomes a problem only if demand increases at full employment. Inflatio
ElenaW [278]

Answer:

In the simple Keynesian model, inflation becomes a problem only if demand increases at full employment.

Explanation:

In the Keynesian view, price inflation is mainly the result of relative changes in supply and demand, which lead to price changes. Changes in the money supply have no direct influence here. According to this school, the money supply is the result of money creation by the banking system; but this plays only a limited role in the process.

In this vision, a distinction is made between:

- Demand inflation: Inflation occurs when the aggregated demand for goods and services increases, with an initially constant supply.

-Cost inflation: Inflation occurs if there is a sudden decrease in supply when demand remains the same.

7 0
3 years ago
It is often said that high rates of inflation tend to diminish people's incentive to save and invest. this view must be incorrec
SOVA2 [1]
Of the following, the best criticism of the argument above is that it overlooks the possibility that certain factors operating in the 1980’s but not in the 1970’s diminished people’s incentive to save and invest.
<span>If these other factors, unrelated to the inflation rate, that operated in the 1980’s but not the 1970’s, created an even greater disincentive to savings and investment than high inflation rates provide, then those trends do not provide evidence about the general relationship among savings, investment, and inflation. </span>
5 0
3 years ago
According to the service marketing triangle, which of the following lists the types of marketing that must be successfully carri
natima [27]

Answer:

A. External, internal and interactive marketing

3 0
3 years ago
Sanyu Sony started a new business and completed these transactions during December.
timurjin [86]

Answer:

Net income = $4,160

Ending Retained Earnings = $3,210

Total assets = $76,760

Total liabilities and equity = $76,760

Cash balance = $59,180

Explanation:

see the attached file below

Download docx
3 0
3 years ago
Every year Forbes publishes a list of the best companies to work for in America. The companies at the top of the list often get
muminat

Answer:

3. publicity

Explanation:

According to the Merriam-Webster dictionary, publicity is " information with news value issued as a means of gaining public attention or support". In this situation, Forbes is positively showcasing the best companies to work for in America, raising the public's awareness of those companies, which then leads to more and more people wanting to work for them. Therefore, it is fair to claim that the Forbes list is great publicity for the companies it identifies as the best places to work.

4 0
3 years ago
Other questions:
  • Light poles to be paid for in installments by affected property owners$350,000 Van used to transport supplies to all city depart
    14·1 answer
  • What is the name for a client-server model with one server and many clients, such as when an application is used to watch a live
    11·1 answer
  • How is the market price for a product determined?
    12·1 answer
  • Assume that on September 1, Office Depot had an inventory that included a variety of calculators. The company uses a perpetual i
    7·1 answer
  • 47:49
    11·1 answer
  • Globalization leads to more trade between
    10·2 answers
  • Sanchez Company's output for the current period was assigned a $400,000 standard direct labor cost. The direct labor variances i
    9·1 answer
  • Oriental Corporation has gathered the following data on a proposed investment project (Ignore income taxes.): Investment in depr
    12·1 answer
  • Gloria is a broker for Jan. Jan is not satisfied with Gloria's work, so she fires her by email three months into a six-month ter
    15·1 answer
  • A five-year project has a projected net cash flow of $15,000, $25,000, $30,000, $20,000, and $15,000 in the next five years. It
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!