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tamaranim1 [39]
3 years ago
5

Net operating income under absorption costing is generally ______ net operating income under variable costing in periods in whic

h inventory increases.
Business
1 answer:
velikii [3]3 years ago
7 0

Answer:

Higher than

Explanation:

Net operating income under absorption costing is generally Higher than net operating income under variable costing in periods in which inventory increases.

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A firm that sells a single product had a beginning inventory of 4,000 units with a total cost of $28,000. Early in the year, 10,
natulia [17]

Answer:

Ending inventory= $27,000

Explanation:

Giving the following information:

A firm that sells a single product had a beginning inventory of 4,000 units with a total cost of $28,000. Early in the year, 10,000 units were purchased at $9 each.

First, we need to calculate the unitary value of the beginning inventory:

Beginning inventory= 28,000/4,000= $7 per unit

FIFO (first-in, first-out)

The last units that are left have a value of $9 each.

Ending inventory= 3,000*9= $27,000

7 0
3 years ago
What happens if you don't pay your car insurance premium for your vehicle?
Reika [66]
Well if you dont pay for it you will loose your insurance. Nothing would happen instantly but if you are pulled over on the road regardless of the reason (even if someone did something to you) you will be in a looot of trouble. Like a lot
5 0
4 years ago
When property is contributed to a partnership in exchange for a capital and profits interest, when does the partner’s holding pe
Degger [83]

Answer:

The day the property was contributed.

Explanation:

A holding period refers to the time period an asset or investment is held by a business or an investor, or the period between when the asset is bought and when it is sold.

The character or type of an asset contributed to a partnership in exchange for a capital and profits interest determines the beginning of the partner’s holding period as follows:

1. If the capital asset or property contributed by the partner has been used in a trade or business just before it is contributed to the partnership, the holding period of the partner for the partnership interest will include the holding period of the capital asset or property contributed.

2. If the capital asset or property contributed by the partner is exchanged for money, capital or other property, the beginning of the holding period of the partner in the day of acquisition of the interest, i.e., the day the property was contributed.

Since the question states that the property is contributed to a partnership in exchange for a capital and profits interest, rule number 2 above therefore applies. That is, the partner’s holding period begin for the partnership interest the day the property was contributed.

8 0
4 years ago
The malcolm baldrige national quality award considers a company's business results but iso 9000:2000 registration does not. true
g100num [7]

Yes, its true, the malcolm baldrige national quality award considers a company's business results but iso 9000:2000 registration does not.

The Malcolm Baldrige National Quality Award is the highest level of national recognition for performance excellence that a U.S. organization can receive. Customer outcomes.

The Malcolm Baldrige National Quality Award was established by Congress to push improved quality of products and services in U.S. companies and organizations.

The Malcolm Baldrige National Quality Award (MBNQA) is a reward established by the U.S. Congress in 1987 to boost awareness of quality management and recognize U.S. companies that have implemented successful quality management systems. The award is the nation's highest presidential honor for performance excellence.

GBMC Greater Baltimore center – 2020 Baldrige Award Winner. GBMC Greater Baltimore middle won the Baldrige Award in 2020. GBMC HealthCare System provides inpatient and outpatient care through its hospital and GBMC Health Partners.

The first version of the factors was published in 1988. The primary time for the Core Values was 1991. They were initially "Key Concepts". The title was changed to "Core Values and Concepts" in 1992 which remains the official title today.

learn more about Malcolm Baldrige: brainly.com/question/13979121

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6 0
2 years ago
On July 1, the inventory of at Barnett Shoes was $60,000. Because of anticipated back-to-school sales, the owner wants to have a
AVprozaik [17]

Answer:

required purchase             83,500

Explanation:

The cost of inventory in july sales and our desired ending invenory is the amount we need. the beginning inventory is a portion of this demand already fullfil, we need to purchase for the difference.

cost of inventory sales for July:

           70,000 x (1 - 45%) =  38,500

desired ending inventory   105,000

beginning inventory        <u>    (60,000)   </u>

  required purchase             83,500

4 0
4 years ago
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