Answer:
<u>The correct answer is C. US$ 30,000</u>
Explanation:
1. What was the operating income for the period?
Operating income = Net sales - Cost of goods - Operational expenses
Operational expenses on this question are:
- Selling. general, and administrative expenses
- Interest expenses
- Research and development expenses
- Income tax expense
According to the information provided, we have then:
Operating income = 390,000 - 220,000 - 80,000 - 16,000 - 34,000 - 10,000
Operating income = 390,000 - 360,000
Operating income = 30,000
<u>The correct answer is C. US$ 30,000</u>
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Answer:
Product cost refers to the costs incurred to create a product. These costs include direct labor, direct materials, consumable production supplies, and factory overhead. Product cost can also be considered the cost of the labor required to deliver a service to a customer.
Examples of product costs are direct materials, direct labor, and allocated factory overhead which are directly attributable to the product.
period cost is any cost that cannot be capitalized into prepaid expenses, inventory, or fixed assets. A period cost is more closely associated with the passage of time than with a transnational event. ... Instead, it is typically included within the selling and administrative expenses section of the income statement.
Examples of period costs are general and administrative expenses, such as rent, office depreciation, office supplies, and utilities. Period costs are sometimes broken out into additional subcategories for selling activities and administrative activities
The more supply the lower the price
The higher the demand the lower the supply
The higher price the lower the demand
Answer:
D. Engaging in active portfolio management to enhance returns
Explanation:
Answer:
Make Buy
Direct material 85100
Direct labour 253000
Variable manufacturing overhead 52900
Fixed manufacturing overhead 69000
Opportunity cost 73000
Purchase cost 437000
Total 533000 437000
Financial advantage is 96000
Explanation:
