Answer:
the per unit cost is $10
Explanation:
The computation of the per unit cost is shown below:
As we know that
Per unit cost is
= Total cost ÷ number of units produced
= ($5,090 + $5,838 + $4,042) ÷ (1,497 units)
= ($14,970) ÷ (1,497 units)
= $10
hence, the per unit cost is $10
We simply applied the above formula so that the correct value could come
And, the same is to be considered
The answer is C which you did spell wrong but that is ok
Answer:
$800
Explanation:
Pedro's tuition costs of $6,000 is a personal expense and does not qualify as a charitable contribution.
Pedro's donation to the church of $1,000 is charity, but he has to deduct the registration fee of $200 from it. Thus, his total charitable contribution is $1,000 - $200 = $800
Answer:
A two-column schedule listing names and balances of all ledger accounts.
Explanation:
Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors.
Generally, financial statements are the formally written records of the business and financial activities of a business entity or organization.
There are four (4) main types of financial statements and these are;
1. Balance sheet: it contains financial information about assets, liability, and equity.
2. Cash flow statement: it contains financial information about operating, financial and investing activities.
3. Income statement: it contains financial information about the income and expenses of an organization.
4. Statement of changes in equity: it contains financial information about profits or loss, dividends, etc.
A trial balance consists of a two-column schedule listing names and balances of all ledger accounts.
Answer:
$3,000 favorable
Explanation:
The computation of actual and budgeted costs is shown below:-
Budgeted Actual
(18,000 units) (18,000 units)
Variable $54,000
($48,000 ÷ $16,000) × $18,000
Fixed $270,000
Total $324,000 $321,000
Therefore, Actual cost is less than Budgeted, so the difference between actual and budgeted costs is $3,000 is favorable.
