Answer:
c.Unlike nonprofit organizations, for-profit organizations focus on gaining competitive advantage in the marketplace.
Explanation:
The nonprofit organization is that organizations whose aim to focus on the welfare of the society as a charity, donation, etc. It can provide services in educational, research, etc,
Whereas, Profit organization is those organization whose focuses to maximizing their profit and minimizing their cost so that it would gain a competitive advantage in the marketplace. Its focuses is to target as the general public.
Hence, option c is correct
Answer:
Unitary product cost= $54
Explanation:
Giving the following information:
Production= 23,000 units
Direct materials= $23 per unit
Direct labor= $19 per unit
Variable overhead= $276,000
<u>Under the variable costing method, the unit product cost is calculated using direct material, direct labor, and variable overhead.</u>
First, we need to calculate the unitary variable overhead.
Unitary overhead= 276,000/23,000= $12 per unit
Unitary product cost= 23 + 19 + 12= $54
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Answer:
The final amount in Cash is $9,034
Explanation:
1.
As cash is received, the cash balance is increased by $10, and account receivables are decreased by $10.
2.
As cash is paid for the purchase the cash balance is decreased by $16 and inventory value will increase by $16.
3.
As the sale is made for cash, the cash balance is increased by $40, and the inventory balance is decreased by the same value.
Cash balance = $9,000 + $10 - $16 + $40 = $9,034
The working is attached with this answer please find it.
a, since twenty-seven should say 27 or twenty seven without a dash
