Answer:
comparing financial performance of different firms
Explanation:
According to my research on different income statements, I can say that based on the information provided within the question this type of statement is useful for comparing financial performance of different firms. This is because it provides percentages of the value of revenue or sales. Which can then be compared to the same statistics in other firms regardless of amounts.
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Answer:
$306,000
Explanation:
To determine manufacturing costs, consider only those cost that can be directly traced to the product manufactured and plant related costs.
<u>Total Manufacturing Cost Calculation :</u>
Factory Utilities $11,400
Indirect Materials $39,500
Direct Materials $166,400
Equipment Depreciation $47,000
Direct labor $91,700
Total Manufacturing Cost $306,000
Answer:
c. $1,600
Explanation:
Using high low method we have
Highest cost = $75,000 for 29,000 hours in the month of February.
Lowest Cost = $52,200 for 20,000 hours in the month of January.
Variable Cost per unit = 
Or
$52,200 = 20,000 V + F
$75,000 = 29,000 V + F
$22,800 = 9,000 V
$2.53 = V
20,000 V = $50,600
$52,200 - $50,600 = $1,600
Fixed Cost = $1,600
Answer:
FTC: prohibits deceptive practices and provides information about choosing products
SEC: prohibits insider trading and regulates brokers and investment advisers
Answer:
um can you egsplain that a bit beter please and then i might be able to help
Explanation:
