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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:

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Explanation:

People and equipment to complete the tasks.

Financial cost associated with a task. Travel expenses, food expenses, etc.

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In projecting operating expenses for the second and third year costs like ________ are likely to remain stable unless new equipm
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8 0
3 years ago
Partially correct answer iconYour answer is partially correct. This information relates to Windsor Co.
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               Cr  Cash                          530

       ( To record freight cost )

3. No entry

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5.  Dr Accounts payable   ( 25100-3600)  21500

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4 0
3 years ago
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DaniilM [7]

Answer:

The current account deficit will increase from 1% to 31% of GDP.

Explanation:

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8 0
3 years ago
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