1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tekilochka [14]
2 years ago
10

Consider the following comments about absorption- and variable-costing income statements:

Business
1 answer:
GrogVix [38]2 years ago
7 0

Answer:

E) I, II, and III.

Explanation:

Variable costing can be regarded as a concept of managerial accounting cost

whereby during the period of producing the product there is incurred

manufacturing overhead.

Absorption costing income statement, utilize absorption costing when creating income statement. The income statement focus on the cost through sectioning of cost into period cost and product.

It should be noted that

I. A variable-costing income statement discloses a firm's contribution margin.

II. Cost of goods sold on an absorption-costing income statement includes fixed costs.

III. The amount of variable selling and administrative cost is the same on absorption- and variable-costing income statements.

You might be interested in
What is a misdemeanor?
nasty-shy [4]

Answer:

D

Explanation:

In fact a misdemeanor is less bad than a felony

6 0
3 years ago
​employers receive benefits from enriching employee's jobs. in one form of job enrichment, the employee is able to work from his
Tanzania [10]

The answer to this question is called telecommuting or remote working arrangement. Telecommuting occurs when the employee is allowed to work from home for a certain period of time, thus decreasing the amount of time the employee has to spend in the office.

This arrangement is beneficial to both the employer and employee since the employer can reduce real estate cost for the office while the employee can reduce the associated stress with commuting to work as well as the costs.

8 0
3 years ago
The Fruitiest Candy Company finds that from time to time it needs short-term funds to cover its operating expenses. It wants to
e-lub [12.9K]

Answer:

The answer is: E) set up a line of credit with a bank that offers a revolving credit agreement.

Explanation:

A revolving credit is a credit line where the bank charges a business a commitment fee and allows the business to borrow money and use it only when they need the funds. This type of credit line lets the business decide when to use the money according to their cash flow needs.

7 0
2 years ago
Which of these scenarios involves commodity money?
Alekssandra [29.7K]
Money is a kind of asset in an economy that is castoff to purchase goods and amenities from other people. A commodity is a physical thing that is willingly substitutable with one more item of the same type. Commodity money is a commodity that has intrinsic value. Intrinsic value is the commodity has worth though it is not used as money. So the answer is a woman offers her neighbor a US silver dollar in exchange for a bicycle.

4 0
3 years ago
Read 2 more answers
Using the firm's volume- based costing, applied factory overhead per unit for the Great P model is (rounded to the nearest cent)
Marysya12 [62]

Answer:

$45.99

Explanation:

Calculation for the applied factory overhead per unit for the Great P model

First step is to Calculate the total direct labour cost of High F and Great P

High F $175,200

($10,000*$17.52)

Great P $210,240

($16,000*$13.14)

Total direct labour cost $385,440

Second step is to calculate the factory overhead rate

Using this formula

Factory overhead rate=Budgeted factory Overhead cost/Allocation base

Let plug in the formula

Factory overhead rate=$1,349,040/$385,440

Factory overhead rate=350%

Now let calculate factory overhead per unit for the Great P

Direct labor cost per unit of product Great P $13.14

Great P Factory overhead per unit =$13.14*350%

Great P Factory overhead per unit =$45.99

Therefore Using the firm's volume- based costing, applied factory overhead per unit for the Great P model is $45.99

5 0
2 years ago
Other questions:
  • HELP PLEEEEEEEEASE!!!!!!!!!!!!!!!!!!!!!!!!!!!
    12·2 answers
  • The Widget Co. purchased all of its fixed assets three years ago for $6 million. These assets can be sold today for $3 million.
    6·1 answer
  • Advantage of
    7·1 answer
  • A bond’s is generally $1,000 and represents the amount borrowed from the bond’s first purchase. • A bond issuer is said to be in
    15·1 answer
  • 1. The planned effort to present a unique image through newspapers, community events, and other visible
    11·2 answers
  • The decision by shoe store owners to fix their prices will result in consumers paying _____ prices. lower higher the same
    14·2 answers
  • Which of the following is an example of upward communication in an organization? a. Three administrative assistants meet to disc
    15·1 answer
  • What is a broker?<br><br><br> Career Prep Edge
    9·1 answer
  • KCCO, Inc., has current assets of $4,200, net fixed assets of $23,400, current liabilities of $3,750, and long-term debt of $8,4
    5·1 answer
  • allen is recording payroll that was processed outside. which quickbooks function would be most useful?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!