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3 years ago

The answer to this question

Business

1 answer:

Kruka [31]3 years ago

3 0

CPI in 1960 = 29.6

CPI in 1970 = 38.8

Dozen Tangerines in 1960 = 0.31

Dozen tangerines in 1970 = 0.39

Option B

Answered by Gauthmath must click thanks and mark brainliest

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3 years ago

assume the fixed overhead per unit was $1.50 for both the beginning and ending inventory. what is net income under absorption co

Nesterboy [21]

Answer:

Net income under absorption costing is $904,370.

Explanation:

Note: This question is not complete and it contains an error in the only available data. The complete correct question is therefore provided before the question is answered as follows:

Kluber, Inc. had net income of $908,000 based on variable costing. Beginning and ending inventories were 55,800 units and 53,600 units, respectively. Assume the fixed overhead per unit was $1.65 for both the beginning and ending inventory. What is net income under absorption costing?

The explanation to the answer is now given as follows:

Variable costing is a costing technique that takes only the variable cost into consideration and exclude the fixed manufacturing overhead from the production production cost of a product.

Absorption costing is a costing technique in which the fixed overhead cost of production is allocated to products produced.

For this question, net income under absorption costing can be determined as follows:

Net income based on variable costing = $908,000

Total beginning fixed overhead = Beginning inventories * Fixed overhead per unit = 55,800 * $1.65 = $92,070

Total ending fixed overhead = Ending inventories * Fixed overhead per unit = 53,600 * $1.65 = $88,440

Adjustment for fixed overhead for the period = Total ending fixed overhead - Total beginning fixed overhead = $88,440 - $92,070 = -$3,630

Net income under absorption costing = Net income based on variable costing + Adjustment for fixed overhead for the period = $908,000 + (-$3,630) = $908,000 - $3,630 = $904,370

Therefore, net income under absorption costing is $904,370.

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3 years ago

In businesses, ________ include the president and other top executives, such as the chief executive officer, chief financial off

CaHeK987 [17]

Answer:

The correct answer is letter "B": Top Managers.

Explanation:

Top Managers are the executives of every firm responsible for the decision-making of the operations of the corporation. They are the head of each department in the corporate structure that includes the Chief Executive Officer (CEO), Chief Operations Officer (COO), Chief Information Officer (CIO), and Chief Marketing Officer (CMO) to mention a few. These are also referred to as "C-level positions".

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Explanation:

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4 years ago

4 of 50 (3 complete)

Fantom [35]

Answer:

The slope of the demand curve at point A is  - $0.40/unit

The slope of the demand curve at point B is - $0.14/unit

Explanation:

See the file attached with the figure corresponding to this question.

The slope of a curve at a given point is the slope of the line tangent to the curve at that point.

Point A:

The tangent line to the demand curve at point A is drawn and passes through the points (20, 34) and (45, 24).Then, the slope is:

slope = rise / run = ΔP / Δq = $ (34 - 24) / (20 - 45) units

slope = - $10 /25units = - $2/5units = - $0.40/unit.

The minus sign indicates the that price decreases when the quantity increases

Point B:

The tangent line to the demand curve at point B passes through the points (90, 12) and (140, 5).Then, the slope is:

slope = rise / run = ΔP / Δq = $ (12 - 5) / (90 - 140) units

slope = - $7 /50units = - $7/50units = - $0.14/unit.

Again, the negative sign indicates that when the number of units increase the price decreases.

3 0

3 years ago