Answer:
C. It considers fixed manufacturing overhead cost as product costs.
Explanation:
The statement that is true of absorption costing is that it considers fixed manufacturing overhead cost as product costs.
Absorption costing uses the concept of cost drivers to ascertain the quantum of fixed manufacturing overhead cost a product generates, and ties that fraction to the product as its own cost.
By so doing, what would ordinarily have been periodic costs that will be apportioned among products become fixed costs that are directly traceable to those products.
Answer:
my individual capabilities in project teamwork include tolerance, respect for difference in values, objectivity
Explanation:
I am strong in certain capabilities because of my ability to think outside. To do this, some of my individual capabilities in project teamwork include tolerance, respect for difference in values, objectivity and avoiding instances of associated with crisis during work and an open policy system.
In the other vein, I would need to develop my weaknesses in the areas of over-tolerance and the useof vogue language when angry.
<span>Interest rate is directly proportional to time. An interest rate is the amount of money due per period or a proportion of the amount borrowed or deposited. The total interest depends on the principal sum and the length of time over which it is lent or deposited. Therefore, the value of money will depend on interest rate and time. The longer time of debt or bank deposit, the higher interest rate.</span>
Answer:
See below
Explanation:
10000-1000=9000 to be depreciated
9000/5=1800 annual depreciation
journal entry:
depreciation expense. 1800 (debit)
Accumulated depreciation. 1800 (credit)
to record annual depreciation
Answer: $38,200
Explanation:
There are 28,000 Outstanding shares with a $13 market value.
That means that in total they are valued at,
= 28,000 * 13
= $364,000
The firm announced a 15% dividend so we take 15% of the total amount.
= 15% * 364,000
= $54,600
$54,600 is the total amount they will pay as dividends.
Dividends are taken from the Retained Earnings meaning that the balance in Retained earnings is therefore,
= $92,800 - $54,600
= $38,200
$38,200 will be the balance in the retained earnings account after the dividend.
