Answer:
Units sold exceeds units produced
Explanation:
The net operating income under variable costing system is always higher than absorption costing system when units sold exceeds units produced. As variable cost doesn't include fixed manufacturing overhead unlike absorption costing, when the net operating income under it now exceed that of absorption, it's definitely am increase in sales that's responsible for that.
Answer:
b. $ 50,000
Explanation:
Investment cost
720000
Book value of net asset
100000
420000
--------------
520000
Excess
200000
Allocated as follows
Land and equipment 50000
overvaluation of bonds payable 40000
Undervaluation of inventory 60000
Total 150000
Un allocated amount
Goodwill 50000
Total 200000
Answer:
When labor productivity is high.
Explanation:
According to neoclassical economic theory, real wages are equal to the marginal product of labor (MLP). The marginal product of labor is the extra output produced by one extra unit of labor (one extra worker).
If the MPL is high, this means that workers are very productive, and therefore, are paid a high real wage accordingly.
This is why countries with high labor productivity like the U.S. or Switzerland also have very high real wages.
The function that is best suited in handling the task that
will help you in seeking the information needed such as the total sales
generated in January is the SUMIFS. This function will help in summing the
values in the cells base on the dates or numbers provided.
Each of five transactions can be defined as follows:
a) Authorization for use of materials (both direct and indirect).
b) Work used in the factory (both direct and indirect).
c) Factory over-the-counter application to employment.
d) Fulfilled jobs.
e) Goods selling costs.
Following are the description of the transaction:
For a)
- A document which the manufacturing company prepares to ask for materials they need to finish production is a material requirement.
- It is also a material request or materials requirements document.
- The document the requester will retain a copy of the form, just as do the warehouse personnel.
For b)
- The plant system is a production process utilizing machinery & manpower divisions.
- Due to the increasing price of capital for machinery & building, facilities often belonged privately to rich workers who've worked on the job.
For c)
- The overhead manufacturing costs are added or applied to each work during the manufacturing process.
- Those costs will be included in the processing costs in conjunction with direct material and direct.
For d)
- Work is finished by the operational and structural completeness of the project/works, the Commissioning has been carried thru in line with technical specs.
For e)
- The direct cost of producing the commodities sold by a corporation is referred to as the costs of the materials and the work required directly to produce the goods is included.
- Indirect spending, such as distribution and sales force expenses, is excluded.
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