Answer:
The manufacturing margin is $460000
Explanation:
Margin is the difference between a company revenue (sales) and the cost of manufacturing. Manufacturing margin is the profit a manufacturer gets from sales of goods or services. Fixed manufacturing costs, variable selling and administrative expenses and Fixed selling and administrative expenses are not used when calculating the manufacturing margin.
Manufacturing margin = Sales - Variable costs of goods sold = $900000 - $440000 = $460000
The manufacturing margin is $460000
Answer:
B) an implied warranty of fitness for a particular purpose.
Explanation:
Sigrud bought spiked mountain climbing shoes, so she could reasonably expect that the shoes would be useful when climbing a mountain. The fact that the spikes came out while she was on the mountain side, isn't exactly what she was expecting when she purchased them. If you buy something that is supposed to satisfy an specific need or purpose, the seller is providing an implied warranty that the good will actually be fit to satisfy that specific need or purpose.
Answer: younger; older
Explanation:
Anthony is most likely younger as he still sees fulfillment when he gets a good salary and benefits from a good job while Henry is older, having set up a firm, values his employees and how the work is done.
Answer:
The amount by which the component's fair value less cost to sell is less than book value and income from operations for the year
Explanation:
Fair value less cost to sell (FVLCS) is the measurement of the value of the ‘net’ economic benefits embedded in a fixed asset that can be one in a case where the asset is been sold. Just like the name refers, it equals the fair value minus the costs that the company will incur in selling the asset such as irrecoverable taxes, delivery and transportation cost , transaction costs and so on. The fair value of the asset is the amount which can be sold to a knowledgeable and willing buyer in an arm’s length of the transaction.
