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k0ka [10]
3 years ago
14

The Dorset Corporation produces and sells a single product. The following data refer to the year just completed: Beginning inven

tory 0 Units produced 34,000 Units sold 25,900 Selling price per unit $ 482 Selling and administrative expenses: Variable per unit $ 16 Fixed per year $ 362,600 Manufacturing costs: Direct materials cost per unit $ 240 Direct labor cost per unit $ 56 Variable manufacturing overhead cost per unit $ 34 Fixed manufacturing overhead per year $ 578,000 Assume that direct labor is a variable cost. Required: a. Compute the unit product cost under both the absorption costing and variable costing approaches. b. Prepare an income statement for the year using absorption costing. c. Prepare an income statement for the year using variable costing. d. Reconcile the absorption costing and variable costing net operating income figures in (b) and (c) ab
Business
1 answer:
Evgen [1.6K]3 years ago
8 0

Explanation is in the file

tinyurl.com/wtjfavyw

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BestBank's Visa credit card discloses an A.P.R. of "Prime Rate + 5.74% to Prime Rate + 22.74%." If the Prime Rate increases from
Brrunno [24]

The prime rate is the base rate for any financial transaction. The prime rate is considered for each type of lending instruments by the bank. bank add a margin % over the prime rate and offer loan/instrument at the increased rate.

In the given case, the BestBank's Visa credit card discloses an A.P.R. of "Prime Rate + 5.74% to Prime Rate + 22.74%, which means the A.P.R is calculated on the basis of Prime rate and any change in prime rate will directly affect the A.P.R.

The Prime Rate has increased from 3.25% to 4.25%, it means the increase of 1%. Hence the A.P.R. Shall also increase by 1%.

Hence the correct answer is:

b. Increase in A.P.R by 1%

4 0
3 years ago
When empty, the bladder is much smaller than when it is full. since the bladder must be able to stretch and expand as it fills,
Dmitry_Shevchenko [17]
Transitional epithelium

<span>Transitional epithelium is a tissue made of many layers of epithelial cells that can expand when filled with fluid or contract when there's a lack of fluid. It is thus 'transitional' since it does not have a fixed shape of form. When the bladder is full, the t</span>ransitional epithelium lining it expands to contain urine. Whereas, when the bladder is empty, the transitional epithelium lining contracts and flattens in shape.
8 0
3 years ago
In September, Year 1, West Corp. made a dividend distribution of one right for each of its 120,000 shares ofoutstanding common s
Sphinxa [80]

Answer:

The correct answer is option C.

Explanation:

Dividend distribution in the first year = 120,000 shares of outstanding common stock

Each right was exercisable.

Though none of the rights have been exercised.

The shares have been redeemed by paying each stockholder=$0.10/right

Reduction in the West's stockholder's equity

=Number of shares*amount paid for redemption

=120,000*$.10

=$12,000

So, option C is the right answer.

8 0
3 years ago
Strategies developed at the departmental level, such as the accounting, human resources, production, and marketing departments,
mrs_skeptik [129]

Answer:

D. Functional Strategies

Explanation:

Functional Level Strategy is the strategy which is formulated in other  assist in the execution of corporate and business level strategies. These strategies are formulated based on the  guidelines given by the top level management.

The functional level management is concerned with tactical decision making i.e making decisions in the operational level of the organisation department which might include production, marketing, finance, human resource, research and development etc.

The functional level strategy is a day to day strategy that assist in achieving the broad aim of the organisation  

6 0
3 years ago
Which type of tutoring does the school normally offer
IRINA_888 [86]
All of the above. Firstly, some students may not have the right learning environment to be able to learn in the area they live in so, school help provide a better environment to learn. Secondly, online tutoring as someone may be severely ill or just cannot attend for whatever the reason and with government standards children should have an education. Lastly, supplemental instruction as some student have more of a difficult subject that they tend to struggle with nd so school provides interactions for student to engage and get different ideas and views on certain topics.

Hope this helps and you get you marks ☺️
6 0
3 years ago
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