Answer:
Under variable costing, fixed manufacturing overhead is expensed as period expenses.
Explanation:
Option <em>A</em> is wrong because under absorption costing, fixed manufacturing overhead is expensed as product expenses.
Option <em>B</em> is incorrect because Under variable costing, direct materials and direct labor are expensed as product expenses.
Option <em>C</em> is false because Fixed manufacturing overhead costs are treated as product cost under absorption costing and period cost under variable costing.
Therefore, option E is correct as fixed manufacturing overhead is expensed as period expenses under variable costing.
Answer:
9.67%
Explanation:
The total value of the portfolio = $ 2,950 + $ 3,700 = $6,650
The proportion of the portfolio invested in stock A = $ 2,950 / $ 6,650 = 44.36%
. The proportion of the portfolio invested in stock B = 100 - 44.36% = 55.64%
The expected return of the portfolio = 0.4436*0.08 + 0.5564*0.11 = 0.035488 + 0.061204 = 0.096692 = 9.67%
Do you know the answer cause I. Need help aswellllllllllll
A for-profit institution that works with the general public to open and manage savings accounts is known as a(n) savings bank.
Answer: C. savings bank
