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
levacccp [35]
3 years ago
6

The Southern Corporation manufactures a single product and has the following cost structure: Variable costs per unit: Production

$ 35 Selling and administrative $ 15 Fixed costs per year: Production $120,400 Selling and administrative $101,140 Last year, 6,020 units were produced and 5,920 units were sold. There was no beginning inventory. The carrying value on the balance sheet of the ending inventory of finished goods under variable costing would be:
Business
1 answer:
Illusion [34]3 years ago
7 0

Answer:

See below

Explanation:

The computation of carrying value on the balance sheet of the ending inventory of finished goods under variable costing is seen below;

Before that, we have to determine the unit cost

Unit fixed manufacturing overhead = $120,400 ÷ 6,020 units = $20

Then, the difference will be;

= Unit fixed manufacturing overhead × change in inventory in units

= $20 × (6,020 units - $5,920)

= $20 × 100 units

= $2,000 less than absorption costing

You might be interested in
What is a form of predictive analytics for marketing campaigns that attempts to identify target markets or people who could be c
Assoli18 [71]

The given statement belongs to "Uplift modelling" concept.

Explanation:

In analytical CRM Concept

Uplift modeling , customer segmentation and Website personalization are exist.

Uplift Modeling is an observational marketing method that forecasts the variance in the behaviour of consumers of a marketer's actions.

It splits the audience into groups that respond to the marketing camp against a control group based on the expected disparity.

3 0
2 years ago
PLEASE HELP WILL GIVE BRAINLY!!!!!!!!!!!!!!!!!!
pav-90 [236]

Answer:

Hola Amigo! Here's ur answer :D

Explanation:

The equilibrium price is the only price where the desires of consumers and the desires of producers agree—that is, where the amount of the product that consumers want to buy (quantity demanded) is equal to the amount producers want to sell (quantity supplied).

Happy to Help!

3 0
3 years ago
There are two parties in any lease contract—the lessee and the lessor. To a lessor, a lease analysis involves a capital budgetin
inn [45]

Answer:

a, b

Explanation:

It is important to note that a lessor's goal is to make a profit, thus he would be more concerned about knowing what is the value realized after subtracting the lease payments from his income taxes and any maintenance expenses that must be incurred as per the lease agreement.

In order to be cost efficient, he might as well determine the net cash outlay of the lease agreement.

4 0
3 years ago
Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
ELEN [110]

Answer:

the total period cost for the month under variable costing is $52,610

Explanation:

Under Variable Costing Period Cost consist of, All Non-Manufacturing Costs and Fixed Manufacturing overheads.Fixed Manufacturing overheads are included in product costs only in full costing.

<u>Calculation of Total Period Costs :</u>

Variable selling and administrative expense ($ 14×1,010)  $14,140

Fixed selling and administrative expense                         $22,220

Fixed manufacturing overhead                                           $16,250

Total                                                                                      $52,610

3 0
2 years ago
According to Robert Merton, ____________________ occurs when individuals feel social and psychological strain due to a lack of a
ivanzaharov [21]

According to Robert Merton, Anomie occurs when individuals feel social and psychological strain due to a lack of acceptable means for achieving success.

Explanation:

The American sociologist named Robert King Merton. He worked most of his profession at Columbia University where he graduated as a professor of the University.

Anomie is "the state that society gives persons no moral guidance" .

Conflicts between values and social linkages between an individual and the group will contribute to anomia.

Goals can become so relevant that illegal means can be used if the institutionalised means — that is to say, appropriate in compliance to social standards — collapsed. Stronger emphasis on results than means produces a tension that leads to a deterioration of the regulatory structure–that is to say, anomie.

7 0
3 years ago
Other questions:
  • Primary data can usually be obtained more quickly and at a lower cost than secondary data.
    5·1 answer
  • As of December 31, 2016, Nala Incorporated reported accounts receivable for $275,000 less allowance for doubtful accounts of $27
    15·1 answer
  • Sam was called in to meet with his boss, Tricia. He was afraid he was going to be fired for the mistake he had made dealing with
    7·1 answer
  • Matt Christopher is a 25 year old mechanical engineer earning 60,000 dollars next year. He expects his salary to increase 5% yea
    11·1 answer
  • How are profits and losses calculated? What is the difference between economic profit and accounting profit?
    13·1 answer
  • This is not a homework based question, but do you think one day girls will be able to play with the boys in the NFL??
    6·1 answer
  • Levi Corporation (a U.S. company) has several transactions with foreign entities. Each transaction is denominated in the local c
    13·1 answer
  • IBM issues bonds with a sinking fund provision that the company can call 7% of the bonds at par value or the company can buy the
    11·1 answer
  • What is one advantage of starting to invest
    6·1 answer
  • Telstra, Australia's largest telecommunications and media company, has net revenue of more than $ 26 billion (Australian). Some
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!