Answer:
$245,500
Explanation:
Given that,
Net income under variable costing = $221,000
Beginning and ending inventories were 6,900 units and 11,800 units, respectively
Net operating income under absorption costing:
= Net operating income under variable costing + fixed manufacturing overhead cost deferred in inventory
= $221,000 + [(11,800 - 6,900) × $5.00]
= $221,000 + (4,900 kg × $5.00)
= $221,000 + $24,500
= $245,500
Answer:
The answer is Exchange rate policy.
Explanation:
Exchange rate policy is crucial to the international economy. Economic analysts recognize this, and recognize that currency policy is highly political, this can also be said that judging from macroeconomic policy from the standpoint of a representative agent, however politics is not made by representative agents but rather by representative of powerful groups in society, of voters, or of political parties.
Answer:
Explanation:
A ) Demand for coffee may increase due to many reasons , like due to decrease in price ( due to price effect ) , increase in price of tea ( due to substitution effect) , due to seasonal change like in the cold season , its demand increases.
B) Supply of coffee may increase due to rise in its price , due to more company coming into market , technological improvement in plant and machinery etc.
C ) The new equilibrium price may be equal to , less than or greater than $3 each . If shift in both the lines have same magnitude , price remains stagnant . If shift in supply line is more , price decreases. If shift in demand curve is more , price increases.
The answer to the blank provided in the question "<span>Nike _________________ its products in foreign countries, where labor is cheap and production sites are owned by other companies. this strategy allows nike to experiment in new markets without incurring large start-up costs involved with building their own production facilities." is Contract Manufactures.</span>
Answer:
C. There should be logical association between the allocation base and the incidence of costs.
Explanation:
We define the allocation base as that quantity through which the overhead cost and be allocated to. This base is usually in the form of a quantity. It could be the kilowatts used in hours, or the machine hours used.
It should be able to show to a logical extent how the cost object used the resources to which it is assigned
