Answer:
Period costs= $48,960
Explanation:
Giving the following information:
Units sold 1,110
Variable selling and administrative expense $ 7
Fixed manufacturing overhead $18,990
Fixed selling and administrative expense $22,200
<u>Under the variable costing method, the period costs include the fixed manufacturing overhead, selling, and administrative costs both fixed and variable.</u>
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Period costs= (7*1,110) + 18,990 + 22,200
Period costs= $48,960
Answer:
Tertiary Sector
Explanation:
The tertiary sector is known as the service sector it provides interactive or intangible goods which also called services.
Tertiary sector use goods or service provided by the secondary sector but as a form of service.
In the case of Atlantic City, has recovered its condition by initiate more Tertiary sector.
The city improves its service sector at the place of the primary or secondary sector, which destroyed in WW2.
Answer:
The correct word for the blank space is: Inconsistency.
Explanation:
In an attempt of making a service into a product, we can identify four (4) characteristics those services must meet: <em>intangibility, inconsistency, inseparability, </em>and<em> inventory</em>. The inconsistency characteristic refers to services being different one from another because they are provided by people which implies even if the service might be standardized the way it is provided will not always be the same.
Answer:
False.
Explanation:
To close the underapplied Manufacturing Overhead account requires that the Cost of Goods Sold is debited, say with $100 while the Manufacturing Overhead account is credited with the same amount. Underapplied Manufacturing Overhead account means that a debit balance is left after applying the overhead to production. To close this debit, therefore, a credit entry is required to the manufacturing overhead account. The corresponding debit entry goes to the Cost of Goods Sold, or this may be apportioned among Cost of Goods Sold, Finished Goods Inventory, and Work-in-Process, as may be the case.