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Olenka [21]
3 years ago
5

What does a management accountant need to do before he or she can take

Business
1 answer:
lara [203]3 years ago
6 0

Answer:

A

Explanation:

Have two years of professional experience

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Jackson Company produces plastic that is used for injection-molding applications such as gears for small motors. In 2019, the fi
jeka94

Answer:

income statements for each year using variable costing

                                                                      2019                     2020

Sales                                                         $8,832,000        $11,040,000

Less Cost of Sales :

Opening Stock                                                $0                    $353,280

Add Manufacturing Cost                         $1,766,400             $1,413,120

Less Closing Stock                                  ($353,280)                  $0

Cost of Sales                                            ($1,413,120)         ($1,766,400)

Contribution                                              $7,418,880          $9,273,600

Less Expenses

Fixed manufacturing costs                      ($3,312,000)      ($3,312,000)

Selling Expenses :

Variable                                                     ($706,560)         ($883,200)

Fixed  Administrative Expenses              ($470,000)         ($470,000)

Net Income / (Loss)                                  $2,921,120          $4,608,400            

Explanation:

Reconciliation of Units

                                         2019                     2020

Opening Stock                     0                         920

Add Production               4,600                   3,680

Available for Sale            4,600                  4,600

Less Sales                      (3,680)                 (4,600)

Closing Stock                     920                       0

Product Cost

Consider only variable manufacturing costs

Product Cost = $2,400 × 16%

                      = $384

7 0
3 years ago
The overhead volume variance relates only to
Fofino [41]
D fixed overhead cost
5 0
2 years ago
Kodak was once the largest supplier of photographic film. In 2004 it was dropped from the Dow Jones Industrial Average after hav
Sidana [21]

Answer:

Option B Threat of substitute products

Explanation:

Kodak didn't considered technological advances and the growing strength and demand of substitute products which played a vital role in the strenthning position of Sony and other digital camera industry players. The technological advances technologically outdated Kodak and led to decrease in sales with higher percentage.

4 0
3 years ago
Rule-of-thumb budgeting is budgeting that's popular with the hospitality and tourism industry because it's so effective.
a_sh-v [17]
I think the answer is false

:):):):):):):)
7 0
2 years ago
Tariffs and other trade restrictions increase the domestic scarcity of products from abroad. Such policies benefit domestic prod
MAXImum [283]

Answer: Option B

Explanation:

A trade restriction is an artificial restriction on the trade of goods and/or services between two or more countries.

The right option is B because the statement contains one error; domestic producers gain at the expense of foreign producers rather than domestic consumers.

8 0
3 years ago
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