Business, 05.07.2019 16:00, linnybear300
What is a commodity? a. something that producers are unable to sell to consumers b. a resource that is available in unlimited quantities c. an exchange between a producer and a consumer d. something of value that can be bought, sold, or traded
Answers: 1
Business, 22.06.2019 22:20, jaylaa04
Which of the following best explains why the demand for housing is more flexible than the supply? a. new housing developments are being constructed all the time. b. low interest rates for mortgages make buying a home very affordable. c. the increasing population always drives demand upwards. d. people can move more easily than producers can build new homes.
Answers: 1
Business, 23.06.2019 02:40, rayzambr
Exercise 6-2 variable costing income statement; explanation of difference in net operating income [lo6-2] ida sidha karya company is a family-owned company located on the island of bali in indonesia. the company produces a handcrafted balinese musical instrument called a gamelan that is similar to a xylophone. the gamelans are sold for $970. selected data for the company’s operations last year follow: units in beginning inventory 0 units produced 200 units sold 180 units in ending inventory 20 variable costs per unit: direct materials $ 130 direct labor $ 300 variable manufacturing overhead $ 30 variable selling and administrative $ 15 fixed costs: fixed manufacturing overhead $ 63,000 fixed selling and administrative $ 25,000 the absorption costing income statement prepared by the company’s accountant for last year appears below: sales $ 174,600 cost of goods sold 139,500 gross margin 35,100 selling and administrative expense 27,700 net operating income $ 7,400 required: 1. under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? 2. prepare an income statement for last year using variable costing.
Answers: 2
Business, 23.06.2019 22:30, sarahcyberpony
The total combined lifetime value of a company's current and potential customers is called a. customer loyalty b. customer equity c. market share d. customer retention e. share of customer
Answers: 2
What is a commodity? a. something that producers are unable to sell to consumers b. a resource that...
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