Answer:
$764,400
Explanation:
Given that,
Net income under variable costing = $772,200
Beginning inventories = 7,800 units
Ending inventories = 5,200 units
Fixed overhead per unit = $3
Net income under absorption costing:
= Net income under variable costing - [(Beginning inventories - Ending inventories) × Fixed overhead per unit]
= $772,200 - [(7,800 - 5,200) × $3]
= $772,200 - $7,800
= $764,400
The time when a pie chart would be an effective visualization is when trying to work out the composition of something.
<h3>What is a Pie Chart?</h3>
This refers to the visual representation that is used to show and interpret data for a group of people to show their preferences in a circular, pie form.
Hence, we can see that using a pie chart to make an effective visualization is good and it is appropriate to use when a person is trying to work out the composition of something.
Read more about pie charts here:
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A conflict of interest between the stockholders and managers of a firm is referred to as the agency problem (option c).
<h3>What is the agency problem?</h3>
The agency problem is a conflict of interest between the managers of the company and the principal (shareholders). The agency problem
occurs when the interest of the managers and the shareholders are not aligned.
For example, if the income of managers are tied to net income, it might motivate managers to undertake risky projects that might not maximise shareholders wealth. This would lead to agency problem.
To learn more about agency problem, please check: brainly.com/question/16834354
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Answer:
highly-diversified
Explanation:
Based on the scenario being described within the question it can be said that Steeler Manufacturing would be considered a highly-diversified firm. This term refers to a business/organization that has a wide varied array of operations, all of which are completely unrelated to one another. Which is exactly what Steeler Manufacturing has with it's five subsidiaries. All of which are successful.
Answer:
The answer is (B) The society which Greg belongs is low on social stratification.
Explanation:
To start with, social stratification is the manner which a society categorizes or group people according to social and economic factors like race, education, wealth, gender, income, occupation, derived power and social status.
Since Greg belongs to a society that doesn't prioritize distinction between people and groups, it can be unarguably noted that the society he belongs is low on social stratification. It is even more evident by the fact that the managers of Greg's company - Sonata DCM are from different classes and cultures.