Business, 08.11.2019 19:31 Theresab2021
Income statements under absorption and variable costing shawnee motors inc. assembles and sells snowmobile engines. the company began operations on august 1 and operated at 100% of capacity during the first month. the following data summarize the results for august: sales (2,000 units) $600,000 production costs (2,400 units): direct materials $300,000 direct labor 115,200 variable factory overhead 43,200 fixed factory overhead 21,600 480,000 selling and administrative expenses: variable selling and administrative expenses $50,000 fixed selling and administrative expenses 22,000 72,000 a. prepare an income statement according to the absorption costing concept.
Answers: 2
Business, 22.06.2019 18:00
Interpreting the income tax expense footnote the income tax footnote to the financial statements of fedex corporation follows. the components of the provision for income taxes for the years ended may 31 were as follows: ($ millions) 2010 2009 2008 current provision domestic federal $ 36 $ (35) $ 514 state and local 54 18 74 foreign 207 214 242 297 197 830 deferred provisions (benefit) domestic federal 408 327 31 state and local 15 48 (2) foreign (10) 7 32 413 382 61 provision for income taxes $ 710 $ 579 $ 891 (a)what is the amount of income tax expense reported in fedex's 2010, 2009, and 2008 income statements?
Answers: 2
Business, 22.06.2019 23:50
When a market is in equilibrium, the buyers are those with the willingness to pay and the sellers are those with the costs.
Answers: 2
Business, 23.06.2019 00:00
What is a sales lead? a. an employee on the customer service team who deals with existing customers b. a sales person who works on a residual commission structure c. an expert in maslow's hierarchy of needs d. a potential customer who has shown interest in the company's product
Answers: 1
Income statements under absorption and variable costing shawnee motors inc. assembles and sells snow...
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