Phillip purchased a machine for his business last year. It cost $50,000. The machine required a skilled operator, who was a worker earning $2,000 per month. How will Phillip treat the cost of the machine and the wages of the skilled operator in his books of accounts? In his books of accounts, Phillip will record the machine as a(n) and the wages paid to the skilled operator as a(n) .

Which organization was established to train the hard-core unemployed? - better business bureau- equal employment opportunity commission- environmental protection agency- affirmative action committee- national alliance of business

Lynch company manufactures and sells a single product. the following costs were incurred during the company’s first year of operations: variable costs per unit: manufacturing: direct materials $ 12 direct labor $ 6 variable manufacturing overhead $ 1 variable selling and administrative $ 1 fixed costs per year: fixed manufacturing overhead $ 308,000 fixed selling and administrative $ 218,000 during the year, the company produced 28,000 units and sold 15,000 units. the selling price of the company’s product is $56 per unit. required: 1. assume that the company uses absorption costing: a. compute the unit product cost. b. prepare an income statement for the year. 2. assume that the company uses variable costing: a. compute the unit product cost. b. prepare an income statement for the year.

Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication