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Fittoniya [83]
3 years ago
8

Danahy Corporation manufactures a single product. The following data pertain to the company's operations over the last two years

: $ 52,000 $ 68,000 Variable costing net operating income, last year Variable costing net operating income, this year Fixed manufacturing overhead costs released from inventory under absorption costing, last year Fixed manufacturing overhead costs deferred in inventory under absorption costing, this year $ 4,000 $ 6,000 What was the absorption costing net operating income last year?
a) $50,000
b) $56,000
c) $52,000
d) $48.000
Business
1 answer:
horsena [70]3 years ago
6 0

Answer:

d)$48,000

Explanation:

Calculation for What was the absorption costing net operating income last year

Using this formula

Absorption costing net income last year= Variable costing net operating income – Fixed manufacturing overhead released

Let plug in the formula

Absorption costing net income last year= $52,000 – $4,000

Absorption costing net income last year= =$48,000

Therefore the absorption costing net operating income last year will be $48,000

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Answer:

B. a task analysis

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In the example above, Brent's goal is to ensure that Mason will never repeat his mistake in using bad ingredients ever again.

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In which of the following teams is leadership of most importance to coordinate the efforts of various teams in order to produce
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Answer: problem-solving teams

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5 0
2 years ago
Ace Leasing acquires equipment and leases it to customers under long-term sales-type leases. Ace earns interest under these arra
sladkih [1.3K]

Answer:

$143,750

Explanation:

We have to first calculate the present value of the bargain purchase option:

PV = $200,000 / (1 + 6%)⁵ = $149,451.63

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3 0
2 years ago
A manufacturer makes lightbulbs and claims that their reliability is 98 percent. Reliability is defined to be the proportion of
quester [9]

Answer:

The expected number of nondefective lightbulbs is 980 out of a random sample of 1,000 bulbs.

Explanation:

Hi, if the company is right, this is the operation that we need to do.

Bulbs(operating)=1,000*0.98=980

So, we are expecting 980 working bulbs out of a sample of 1,000

Best of luck

4 0
3 years ago
If Ed=2 and price decreases by 1%, by what percentage and in what direction will quantity demanded change?
Arte-miy333 [17]

<u>Given:</u>

Elasticity of Demand = 2

Decrease in price = 1%

<u>To find:</u>

Change in quantity demanded

<u>Solution:</u>

The percentage change in quantity demanded is the mathematical product of the percentage change in price and elasticity of demand. This can be mathematically represented as,

\% \text{ change in quantity demanded }=\% \text{ change in price }\times\text{Elasticity of demand }\\\\ \Rightarrow \% \text{ change in quantity demanded }=1\times2\rightarrow 2\%

Since, there is a decrease in price, the demand for the product will increase. Therefore, we can conclude that there will be 2% increase in quantity demanded

3 0
3 years ago
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