Answer:
Note: The missing part of the question is <em>"using variable costing and absorption costing. Explain the difference"</em>
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Solution
According to variable costing, the unit cost based was
= $8.20 + $11.20 + $9.20
= $28.6
According to absorption costing,
Total Manufacturing costs= Direct material + Direct labor + Overhead
= $8.20 + $11.20 + ($386,400/42,000 units) + $9.20
= $8.20 + $11.20 + $9.2 + $9.2
= $37.8
The difference between the variable costing and the absorption cost is because the product costing using variable costing method only includes variable costs.
Answer:
$560,000
Explanation:
We can only amortize the $1,400,000 that the company spent after technological feasibility was reached. Research and development costs prior to June 30th must be treated as expenses.
Since the software s expected to generate $10 million during its lifetime, we can amortize 1/10th of the software development cost for each million sold:
($1,400,000 / 10) x 4 = $560,000
In the block style business letter, the inside address appears below the date, with one blank <u>"paragraph"</u> in between.
Block format is normally utilized for business letters.
In block format, the whole content is left adjusted and single divided. The special case to the single dispersing is a twofold space between sections (rather than indents for passages).
Full block style business letters have a formal appearance, anyway they can be utilized in casual business circumstances and also formal ones. In the event that you are searching for a solitary arrangement that will function admirably in each circumstance, this is a decent one to utilize.
Answer: Option (a) is correct.
Explanation:
Tastes and preferences are the determinants of demand. Any change in the tastes and preferences will lead to shift the demand curve of a market. Therefore, an increase in the tastes for apples means that demand is favorable for the apple market, as a result demand curve shifts rightwards.
Hence, both equilibrium price and equilibrium quantity in the market for apples increases.
Answer:
=$2,000 ($1,000 + $4,000 - $3,000)
Explanation:
Capital loss carryover is the amount of net capital losses eligible to be carried forward into future tax years.
Net capital losses = Total capital losses - Total capital gains
Net capital losses can only be deducted against ordinary taxable income up to a maximum of $3,000 in any one tax year.
Net capital losses exceeding the $3,000 threshold can be carried forward to future tax years until exhausted.
There is no limit to the number of years a capital loss can be carried over.
