Answer:
Yes
Explanation:
The analysis will need to compare all categories of cost.
It will calculate the difference in cost for each category and then add them for the total difference. That way, the company know which alternative is better.
AlternativeA Alernative B Diffence
Direc Materials 40 56 -16
Processing Cost 37 37 0
Equipment Rental 13 13 0
Occupancy Cost 15 22 -7
105 128 -23
Answer:
Explanation:
The first step is to determine the income to be carried forward:
The diagram is attached.
Therefore, the amount of consolidated retained earnings is (a.) $235,000
Answer:
Please find the income statement below;
Explanation:
<u>Single step Income statement</u>
Revenues
Net sales 2,419,200
Interest revenue 39,300
<em>Total revenues 2,458,500</em>
Expenses
Cost of goods sold 1,464,600
Admin. expenses 216,400
Selling expenses 294,800
Interest expense 46,000
<em>Total expenses 2,021,800</em>
<em><u>Net Income </u></em><em> </em><u><em>436,700</em></u>
<span>The Bureau of Labor Statistics is usually a good starting point. This website/database allows for all types of jobs and industries to be researched. Within these titles, the career advancement data, statistics on compensation, and types of jobs within the overall umbrella are given.</span>
Answer:
A. 27,000
B. 77,000
Explanation:
What is Reggie's accounting profit?
REVENUE - EXPENSES AND DEPRECIATION
90000-18000-6000-3000=63000
What is Reggie's economic profit?
REVENUE - EXPENSES AND DEPRECIATION - IMPLICIT COSTS
90000-18000-60000-3000-76000 = -13000
1) accounting profit = TR - explicit cost
= 90,000 - 63,000
= 27,000,
2) economic profit = TR - economic cost
= 90,000-(13,000)
= 77,000
