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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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The best approach is to send a message that focuses on them and their role in this process. Not the company's role.

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This creates an impression that the company wants to impose their point of view on the employees, and this may not get the expected response from employees.

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4 years ago
Suppose you invest $20,000 by purchasing 200 shares of Abbott Labs (ABT) at $50 per share, 200 shares of Lowes Companies, Inc. (
nikitadnepr [17]

Answer:

Portfolio return = 0.035 or 3.5%

Explanation:

The portfolio return is a function of the weighted average of individual stocks' returns that form up the portfolio. The formula to calculate the portfolio return is as follows,

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Where,

  • w represents the weight of each stock in the portfolio
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First we need to calculate the investment of each stock,

Abbott = 200 * 50 = $10000

Lowes = 200 * 30 = $6000

Ball = 100 * 40 = $4000

Portfolio return = (10000 / 20000) * -0.10  +  (6000/20000) * 0.20  +  

(4000/20000) * 0.125

Portfolio return = 0.035 or 3.5%

4 0
3 years ago
You are headed off to college. Some close family members decide it would be a good idea to buy a house in the college town and t
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The ideal type of business would be the sole proprietorship, as it is a structure that is easy to start and manage.

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7 0
3 years ago
Import tariffs generally ________ the output of domestic producers of the affected products and also _________ the output of dom
Lady_Fox [76]

Answer:

increase , decrease

Explanation:

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6 0
3 years ago
Harmonization of accounting standards:_______. A. Is the same as convergence of accounting standards.B. Always ensure resulting
astraxan [27]

Answer:

A. Is the same as convergence of accounting standards

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4 0
3 years ago
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