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zzz [600]
2 years ago
13

Stiller Corporation incurred fixed manufacturing costs of $12,000 during 2011. Other information for 2011 includes: The budgeted

denominator level is 2,000 units. Units produced total 1,500 units. Units sold total 1,200 units. Beginning inventory was zero. The company uses absorption costing and the fixed manufacturing cost rate is based on the budgeted denominator level. Manufacturing variances are closed to cost of goods sold. Fixed manufacturing costs expensed on the income statement (excluding adjustments for variances) total:
Business
1 answer:
DiKsa [7]2 years ago
6 0

Answer:

Cost of Goods Sold will contain 9,600 of the fixed manufacturing cost

Explanation:

actual fixed cost 12,000

Under absorption cost, the produced units will take the complete manufacturing cost

total manufacturing cost / produced units

            12,000                 /    1,500 units        = 8

Then, we multiply by the amount of units sold to know how much of the manufacturing cost were recognize during the period

1,200 x 8 = 9,600

The rest, will be capitalized into inventory.

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Assume India can produce either 15 bottles of milk or 50 cartons of eggs using all of its available resources, and Indonesia can
diamong [38]

Answer:

50 cartons of eggs

Explanation:

The comparative advantage is a principle in which a country specializes in the production a good in which it has a lower opportunity cost than others.

                 Bottles of milk     cartons of eggs

India                  15                              50

Indonesia          25                             35

In this situation, the opportunity cost for India of producing 1 bottle of milk is producing 3.33 cartons of eggs. The opportunity cost for Indonesia of producing 1 bottle of milk is producing 1.4 cartons of eggs. This means that Indonesia has a lower opportunity cost and a comparative advantage in producing bottles of milk.

In the other part, the opportunity cost for India of producing 1 carton of eggs is producing 0.3 bottles of milk and the opportunity cost for Indonesia of producing 1 carton of eggs is producing 0.71 bottles of milk. This means that India has a lower opportunity cost and a comparative advantage in producing cartons of eggs.

According to this, India would specialize in producing eggs as it has a comparative advantage and the country will produce 50 cartons of eggs.

5 0
2 years ago
Although many think that television is uniquely responsible for the deficit in exercise that children are getting in the united
dimulka [17.4K]
Computer usage B
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4 0
2 years ago
Colin wants to set up an aquarium.. He already has a tank, but needs to purchase fish, filters, and plants. If the cost of the f
irakobra [83]

Answer:

option D

$148.2

Explanation:

Given in the question,

cost of fish = $84.79

cost of filter on sale = $44.75

cost of plants = $18.66

Total cost = $84.79 + $44.75 + $18.66

                = $148.2

5 0
2 years ago
Read 2 more answers
How does the buying decision process differ when consumers are shopping on the Internet or mobile device compared with shopping
LuckyWell [14K]

Explanation:

The purchase decision process on the Internet or on mobile devices compared to purchases in a physical store, differ according to the characteristics of each of the shopping environments.

According to Kotler and Keller, the consumer purchase decision process goes through 5 stages:

  1. problem or need recognition,
  2. information search,
  3. evaluation of alternatives,
  4. purchase,
  5. post-purchase behavior.

Therefore the consumer will determine which are the essential attributes when making a purchase and which ones will bring the greatest benefits.

Currently the online shopping market has grown substantially, since most individuals have access to the internet, which makes companies look for a greater online presence, which guarantees the possibility of also offering consumers greater benefits, such as greater discounts and promotions. , since, there is a reduction in systemic and physical costs when the company sells over the internet.

Therefore, online stores compared to physical stores are more likely to offer purchase and post-purchase benefits, in addition to a greater variety of products and brands available, increasing consumer choice.

4 0
2 years ago
Adam borrows $4,500 at 12 percent annually compounded interest to be repaid in four equal annual installments. the actual end-of
Kazeer [188]
Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r)^(-n))÷r]
Pv present value 4500
PMTthe actual end-of-year payment?
R interest rate 0.12
N 4 equal annual installments
Solve the formula for PMT
PMT=pv÷[(1-(1+r)^(-n))÷r]
PMT=4,500÷((1−(1+0.12)^(−4))÷(0.12))
PMT=1,481.55
8 0
2 years ago
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