Answer:
Unitary cost= $12
Explanation:
Giving the following information:
direct materials $5
direct labor $4
variable overhead $3
The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead) to calculate the product unitary cost.
Unitary cost= 5 + 4 + 3= $12
Answer:
the fixed cost per month is $20,600
Explanation:
The computation of the fixed cost is given below:
Fixed costs = Total Production Costs - Variable costs
= $30600 - $0.40 per unit × 25000 units
= $30600 - $10,000
= $20,600
hence, the fixed cost per month is $20,600
We simply deduct the variable cost from the total production cost so that the fixed cost could come
Hasbro, Inc., the trademark owner of "Candy Land," sought a court injunction to prevent Internet Entertainment Group, LTD from using the domain name, "candy land". A jury will decide whether Hasbro is entitled to this remedy is FALSE.
Option B
<u>Explanation:</u>
A form of intellectual property composed of a distinctive symbol, design or expression that distinguishes products or services of a specific source from everyone else, while marks used it to distinguish services are generally referred to as product marks is understood as a "trademark".
Trademark law regulates a manufacturer or merchant's use of a tool (including a name, expression, emblem, product shape or logo) to define its products and differentiate those goods from those made or sold by someone else.
Answer:
31 March 2021
Explanation:
The contract should be recorded on 31 March 2021 because according to the US Generally Accepted Accounting Principles, revenue should be recognize in the book only when service has been rendered to the customer, the selling price of product is fixed and confirmation of service arrangement and amount to be collected.
With regards to the above scenario, since the equipment was not delivered until 31 March, then 31 of March will be recognized.
When economists refer to "demand," they are speaking of<u> a schedule of amounts of a product that buyers would purchase at alternative prices in a given time period.</u>
