Business, 21.01.2021 23:20 gatrellesse8407
Potter Corporation produces one product. The following per unit cost information is available:
Direct materials 7.00$
Direct labor 15.00
Variable overhead 8.00
Variable Selling and Admin 2.00
Fixed overhead costs are $100,000 per peiod and fixed selling and administrative costs are$70,000 per period. The selling price is $70 per unit.
Required:
Prepare an absorption costing (traditional) income statement assuming:
a. Production is 8,000 units and sales are 8,000 units.
b. Production is 8,000 units and sales are 9,000 units.
c. Production is 8,000 units and sales are 6,000 units.
Answers: 3
Business, 22.06.2019 08:40
Which of the following statements is true regarding the reporting of outside interests and the management of conflicts? investigators are responsible for developing their own management plans for significant financial interests. the institution must report identified financial conflicts of interest to the u.s. office of research integrity. investigators must disclose their significant financial interests related to their institutional responsibilities and not just those related to a particular project. investigators must disclose all of their financial interests regardless of whether they are related to a research project.
Answers: 3
Business, 22.06.2019 10:40
Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% Οa = 20% asset b e(rb) = 15% Οb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable
Answers: 2
Business, 22.06.2019 22:10
Which of the following is usually not one of the top considerations in choosing a country for a facility location? a. availability of labor and labor productivityb. attitude of governmental unitsc. location of marketsd. zoning regulationse. exchange rates
Answers: 1
Potter Corporation produces one product. The following per unit cost information is available:
Dire...
Mathematics, 10.07.2019 06:00
Mathematics, 10.07.2019 06:00
History, 10.07.2019 06:00
Social Studies, 10.07.2019 06:00