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saveliy_v [14]
2 years ago
6

What would happen if I were to buy a truck for $50,000 and expense all of it during that period, rather than handle it the way t

he book recommends? What would it do to my Income Statement and Balance Sheet?
Business
1 answer:
Ivenika [448]2 years ago
3 0

Answer:

Income from operation will decrease by $50,000

Explanation:

given data

inventory of a manufactured = 5,000 units

to find out

effect on income from operations

solution

as we know that in the absorption costing both variable cost and fixed cost are included in the cost of production

so that as under variable costing only the variable manufacturing cost are included in the cost

and

if absorption costing is used the inventory level that will be increased  by10 ×  5000 =  $50,000

so Income from operation will decrease by $50,000

so correct option is c.$50,000 decrease

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Prior to the deal, three soft drink companies sold beverages on campus; now no other soft drink company is allowed to sell its p
Eduardwww [97]

Answer:

More than 75 cent

Explanation:

Since after the deal, no other soft drink company is allowed to sell it's product on campus, the demand for 12-ounce can of CheapFizz would increase which would invariably lead to increase in sales price

7 0
3 years ago
Salaries of managers and maintenance personnel are examples of ______ labor costs.
Inessa05 [86]

Salaries of managers and maintenance personnel are examples of indirect labor costs.

What is the difference between direct and indirect labor costs?

Direct labor costs are traceable directly to the finished goods produced whereas the indirect labor costs such as the salaries of managers and maintenance personnel are good examples of indirect labor costs since their efforts cannot be traced to finished goods.

There is a need to determine direct labor costs, because indirect labor costs are not prime cost, which are used in determining the contribution per unit

Find out more about labor costs on:brainly.com/question/24303619

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Full question with options:

Salaries of managers and maintenance personnel are examples of ______ labor costs. a) indirect b) direct.

5 0
1 year ago
A building was purchased for $66,500. The asset has an expected useful life of eight years and depreciation expense each year is
Sidana [21]

Answer:

$34,500

Explanation:

Depreciation is the systematic allocation of the cost of an asset to p/l based on its estimated useful life.

Assets are initially recorded at cost be carried subsequently at the net book value which is the cost less residual or salvage value then divided by the estimated useful life. Mathematically, using the straight line method,

Depreciation = (cost - residual value)/useful life

let the residual value ( which is the estimated value obtainable from the disposal of the asset at the end of its estimated useful life) be p

4000 = (66500 - p)/8

32000 = 66500 - p

p = 66500 - 32000

= $34,500

4 0
3 years ago
Which of the following is likely to happen if employees think that their organization is
enyata [817]

Explanation:

If employees think their organization is overly driven by politics then

  1. The employees are less committed to the organization
  2. The employees have lower job satisfaction and perform worse on the job
  3. The employees have higher levels of job anxiety
  4. The employees also have a higher incidence of depressed mood.
4 0
2 years ago
Assuming an upward-sloping AS curve, if an economy is at full employment and consumption spending decreases while all other leve
Mila [183]

Answer:

C) Increased unemployment results.

When consumption spending decreasing the equilibrium amount of quantity of goods and services being traded will decline, which means that there will be less demand for labor and the economy will not be at its full employment.

Explanation:

4 0
2 years ago
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