Variable costing net operating income would be higher than absorption costing net operating income by $6,250.
The difference between absorption costing and variable costing lies in the treatment of fixed manufacturing overhead costs. Under absorption costing, fixed manufacturing overhead costs are treated as a product cost and are included in the cost of goods sold, while under variable costing, fixed manufacturing overhead costs are treated as a period cost and are expensed in the period incurred.
To determine which costing method would show a higher operating income, we need to compare the fixed manufacturing overhead cost per unit under absorption costing to the fixed manufacturing overhead cost per unit under variable costing.
Fixed manufacturing overhead cost per unit under absorption costing = (Fixed manufacturing overhead / Units produced) + (Fixed manufacturing overhead in beginning inventory / Units produced)
= ($25,000 / 10,000) + ($0 / 10,000)
= $2.50
Fixed manufacturing overhead cost per unit under variable costing = Fixed manufacturing overhead / Units produced
= $25,000 / 10,000
= $2.50
Since the fixed manufacturing overhead cost per unit is the same under both costing methods, the difference in net operating income will depend on the level of units sold.
Under absorption costing, the cost of goods sold will include both variable and fixed manufacturing overhead costs, while under variable costing, only variable manufacturing costs will be included in the cost of goods sold. Therefore, if the number of units sold is less than the number of units produced, absorption costing will show a higher net operating income than variable costing, and vice versa.
In this case, the number of units sold is 7,500, which is less than the number of units produced (10,000). Therefore, variable costing will show a higher net operating income than absorption costing.
Variable costing net operating income = Sales - Variable expenses - Fixed expenses
= ($7,500 x Sales price per unit) - ($40,000 + $20,000 + $12,000 + $4,500 x 7,500) - ($25,000 + $30,000)
= ($7,500 x Sales price per unit) - $392,500
To calculate the sales price per unit, we need to know the total variable costs per unit:
Total variable cost per unit = Variable manufacturing overhead per unit + Direct materials per unit + Direct labor per unit
= ($12,000 / 10,000) + ($40,000 / 10,000) + ($20,000 / 10,000)
= $7
Therefore, variable costing net operating income = ($7,500 x (Sales price per unit - $7)) - $392,500
To calculate absorption costing net operating income, we need to first calculate the fixed manufacturing overhead included in the cost of goods sold:
Fixed manufacturing overhead in cost of goods sold = Fixed manufacturing overhead per unit x Units sold
= $2.50 x 7,500
= $18,750
Absorption costing net operating income = Sales - Cost of goods sold - Variable selling and administrative expenses - Fixed selling and administrative expenses
= ($7,500 x Sales price per unit) - (($40,000 + $20,000 + $18,750) + ($4,500 x 7,500)) - ($25,000 + $30,000)
= ($7,500 x Sales price per unit) - $406,250.
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What does franchisor mean?
Answer:
a
Explanation:
Lovely lawns, inc., intends to use sales of lawn fertilizer to predict lawn mower sales. The store manager estimates a probable six-week lag between fertilizer sales and mower sales. The pertinent data are: period fertilizer sales (tons) number of mowers sold (six-week lag) period fertilizer sales (tons) number of mowers sold (six-week lag) 1 1.6 10 8 1.3 7 2 1.3 8 9 1.7 10 3 1.8 11 10 1.2 6 4 2.0 12 11 1.9 11 5 2.2 12 12 1.4 8 6 1.6 9 13 1.7 10 7 1.5 8 14 1.6 9
a. Determine the correlation between the two variables. Does it appear that a relationship exists between these variables will yield good predictions
Answer:
correlation between variables (r) = 0.959 and this signifies a positive relationship between the variables
Explanation:
A) Determine the correlation between the two variables
we have to apply simple Linear regression ( least square method )
attached below is the table
Regression equation ( y ) = a + bx
y = dependent variable ( mower )
x = independent variable ( fertilizer)
a = intercept point ( y axis and regression line )
b = slope ( regression line )
From the attached table
N = 14 , Σ x = 22.8,
Σy = 131, Σy^2 = 1269,
Σx^2 = 38.18, (Σx)^2 = 519.84
Σxy = 219.8, (Σy)^2 = 17161
correlation between variables (r) = 0.959 and this signifies a positive relationship between the variables
What are some jobs you can get before 16?
Answer:
Babysitting.
You can work at a lot of places, normal jobs, you're just required to takes breaks because you're a minor. You really just have to check with businesses in your area and see where you can work.
My friends work at a pizza place in our town, they were all under 16 when they started working there.
Explanation:
HELP PLEASE!!!
what is the outcome when a person defaults on a home loan?
A. the person goes to jail.
B. the bank will make the person work a second job.
C.the bank will take the person's car.
D.the bank will foreclose on the home.
Answer:
D.the bank will foreclose on the home.
Explanation:
The bank may even sue and garnish wages and financial accounts. The bank may even serve a conversion of accetts.
what did the hutchins commission believe was the greatest threat to american press freedom? question 9 options: a) the presence of communists working in the media b) the threat of local government censorship c) a powerful central government d) concentrated corporate ownership
Concentrated corporate and commercial masters (advertisers). The correct answer is option (d).
What is hutchins commission?When Henry Luce urged Robert Hutchins, then-president of the University of Chicago, to assemble a panel to investigate the correct role of media in a contemporary democracy, the Hutchins Commission was established during World War II.
Hutchins Commission members believed that as media ownership shifted into fewer hands, undesirable viewpoints would not be given a platform in the media. The press, as well as the second recommendation of the Hutchins Commission urged journalists to create "a forum for the exchanging of ideas and A Free and Accountable Press, by the authors of the final report, "came to the conclusion that there was a threat to press freedom.
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a government minister in country X recently said: "the secondary sector of the industry will always be more important than the tertiary sector to our economy." do you agree with this view? justify your answer.
Answer:
Explanations yes i agree with this view since raw material are must for every sector. If there is no product, then service sector will have no work.
tertiary sector provide services for primary and secondary sector also secondary sector depent on pramiry sectorfor the input
The opportunity cost of producing corn in New Zealand is approximately tons of millet, and the opportunity cost of producing corn in Brazil is approximately tons of millet.
Answer:
2 tons of millet for New Zealand and 3 tons of millet for Brazil.
Explanation:
New Zealand and brazil both can produce corns and millet. The opportunity cost for Brazil is more than the New Zealand. Both the countries should go towards the production of the crop in which they have comparative advantage. New Zealand has comparative advantage in producing millet and Brazil has comparative advantage in producing corn.
Which statement about credit and debit cards is NOT true? *
When you use a credit card, the money you spend comes out of your checking account immediately.
When you use a debit card, the money you spend comes out of your checking account
immediately.
Credit and debit cards can both be used to make purchases at most retailers.
You can use a credit card to spend more money than you have in your bank account.
Answer:
I believe that the the statement "you can use a credit card to spend more money than you have in your bank account" is false because a credit card takes out the money straight away, while a debit card sometimes waits to take out the money you used
Answer: D. It is harder for a thief to use your debit card.
Explanation:
Which of the following accounts would not appear on a balance sheet?
(a) Certificate of deposit
(b) Interest payable
(c) Interest revenue
(d) Retained earnings.
The account that would not appear on a balance sheet is Retained earnings. Option d is the correct answer.
A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time. It presents the company's assets, liabilities, and shareholders' equity.
Option (a) Certificate of deposit represents an asset, option (b) Interest payable represents a liability, and option (c) Interest revenue represents revenue or income.
However, option (d) Retained earnings is not an account that appears directly on the balance sheet. Retained earnings are part of the shareholders' equity section of the balance sheet and represent the accumulated profits or losses that the company has retained over time.
Option d is the correct answer.
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If free products are not attracting customers, what action would be appropriate?
If free products are not attracting customers, it may be appropriate to consider the following actions:
1. Review the target audience: Assess if the free products are aligned with the needs and interests of your target customers. If not, adjust your offerings accordingly.
2. Enhance product quality or features: Evaluate if the quality or features of the free products can be improved. This could involve conducting market research or gathering customer feedback to identify areas of improvement.
3. Adjust marketing strategies: Evaluate the marketing strategies being used to promote the free products. Explore different channels or methods to reach your target audience more effectively. This could include social media advertising, influencer collaborations, or targeted email campaigns.
4. Offer additional value: Consider offering additional benefits or services alongside the free products. This could include educational resources, personalized support, or exclusive discounts on related products or services.
5. Analyze pricing strategy: Review the pricing strategy for other products or services offered. It's possible that customers may perceive the free products as low-quality due to an overly low price point. Adjusting the pricing strategy could help in attracting more customers.
These actions should be based on a thorough analysis of the situation and the needs of your target customers. Regularly monitoring and adapting your approach will be crucial in ensuring the success of your marketing efforts.
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In general, which TWO characteristics define a "small" business?
A. Fewer than 1,500 employees
B. Non-profit
C. Between 500 and 2,500 employees
D. Less than $35.5 million revenue
E. No more than $200,000 in sales
Small business includes business privately owned, through partnership or sole proprietorship and has fewer employees and revenue lesser than a regular-sized business.
Examples of Small business are Personal Trainers, Local Auto Repairs, Fair Online Stores, Home care services etc
The major characteristic of small business are
Lower Revenue and Profit Lower EmployeesSmall Market Area Sole or Partnership OwnershipLearn more about small business here
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Answer:
A. Fewer than 1,500 employees
D. Less than $35.5 million revenue
Explanation:
-These characteristics define a small business
(I took a test and got it right, sorry that I don't have a further explanation)
A young investor willing to take moderate risk for above-average growth would be
most interested in:
Mutual funds
Single stocks
Real estate
Bonds
Answer:
Real estate or Bonds.
Explanation:
Because it says above average growth
Turn to Part C of the Systems Analyst's Toolkit and review the concept of net present value (NPV). Determine the NPV for the following: An information system will cost $175,000 as an initial investment to implemented over a six month period and will produce no savings during the last six months of first year once it has gone online. When the system goes online, the company will save $27,750 during the second year of operation. For the next four years, the savings will be $39,250,$45,500,$48,500, and $40,250, respectively per year. Assuming a 4.25% discount rate, what is the NPV of the system? Explain in detail whether.or.not this a good investment (one four sentence paragraph at a minimum).
The NPV of the system is the sum of the present values of the cash flows minus the initial investment, which needs to be calculated based on the given data.
To calculate the NPV, we need to discount the future cash flows to their present values and subtract the initial investment. Using a discount rate of 4.25%, we can calculate the present value of each cash flow and sum them up. The present value of each cash flow is calculated by dividing the cash flow by (1 + discount rate) raised to the corresponding period. After calculating the present values, we subtract the initial investment of $175,000. If the resulting NPV is positive, it indicates that the project is a good investment. If the NPV is negative, it suggests that the project may not be worthwhile.
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The Navy Enlisted Advancement System (NEAS) has what primary objective?
The primary objective of the Navy Enlisted Advancement System is to promote sailors based on merit, performance, and demonstrated knowledge and skills.
The Navy Enlisted Advancement System (NEAS) is a system designed by the United States Navy to provide enlisted sailors with a fair and objective process for promotion.
The primary objective of the Navy Enlisted Advancement System (NEAS) is to provide a fair and equitable system for the advancement of enlisted sailors. This system is designed to ensure that promotion is based on merit and performance, rather than on factors such as favoritism or personal connections.
To achieve this primary objective, the NEAS utilizes a complex mathematical formula to calculate a sailor's final multiple score (FMS). The FMS is a numerical value that reflects a sailor's performance on various tests and evaluations, as well as their time in service and time in rate.
The FMS is calculated using several primary factors, including a sailor's performance on the Navy-wide Advancement Exam, their performance evaluations, their time in service, and their time in rate.
In addition to the FMS, the NEAS also takes into account other primary factors such as quotas, which limit the number of sailors who can be promoted to a given rank.
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Calcular el Costo Variable Total teniendo en cuenta:
CANTIDAD PRODUCIDA: 1000 UNIDADES
COSTO VARIABLE UNITARIO: $ 50
COSTO FIJO TOTAL: $ 20.000
PRECIO DE VENTA: $ 100
By dividing the price to produce one unit of your product by the number of items you have created, you can determine the total variable cost. For instance, if producing one unit of your product costs $60 and you produced 20 units, your total variable cost would be $60 x 20 or $1,200.
What is the product?The object being sold is referred to as a product. A service or an object both qualify as products. It could take on a physical, virtual, or cyber form. Every product has a cost associated with it, and each one has a price. The market, the quality, the marketing, and the group that is being targeted all affect the price that can be charged.
the price to produce one unit of your product by the number of items you have created, you can determine the total variable cost. For instance, if producing one unit of your product costs $60 and you produced 20 units, your total variable cost would be $60 x 20 or $1,200.
Therefore, By dividing the price to produce one unit of your product by the number of items you have created, you can determine the total variable cost.
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Can someone pls help me with the last question
Answer:
A. Market Research
Explanation:
Market research is the process of gathering information about a market, its customers, and its competitors. It involves the collection and analysis of data related to various aspects of the market, such as customer needs, preferences, and behaviors, as well as market trends, competition, and potential opportunities.
Market research is an essential tool for businesses, as it helps them to make informed decisions about product development, marketing strategies, and other key aspects of their operations. By gathering data through market research, businesses can better understand their customers, identify areas for growth, and stay competitive in the marketplace.
Market orientation and market segmentation are related concepts, but they are not specifically focused on data gathering. Market orientation refers to a business strategy that prioritizes the needs and wants of customers, while market segmentation refers to the process of dividing a market into distinct groups of customers with similar needs and characteristics.
Marketplace is a term used to describe a platform or venue where buyers and sellers come together to exchange goods and services, and is not related to the process of data gathering for business purposes.
Explanation:
B (Sale of assets) is an external source of financing.
B (Age) is covered by legislation as a form of discrimination.
Which of the following is an indirect competitor for a company that makes chocolate chip cookies? A. Another company that makes chocolate chip cookies B. A company that makes potato chips C. A company that makes baking pans D. A company that makes brownies
Answer:
The indirect competitor for a company that makes chocolate chip cookies is;
D. A company that makes brownies
Explanation:
Where two companies or vendors produces or supplies entirely different products that however work to satisfy the same customer need then the two companies or vendors are in indirect competition
In the question, we have;
The product of the company = Chocolate chip cookies
Therefore, an indirect competitor of the company will be make a maker of a different product of the same utility as the chocolate chip cookies, which gives;
The indirect company = A company that makes brownies
This is so because, a brownie, which is also known as a chocolate brownie, consists of a rectangular or square shaped baked chocolate that can include a variety of ingredients, including chocolate chips, cheese and nuts.
Answer:
D A company that makes brownies
Explanation:
im smart :) like this now
When Tyler, a veteran, started his business, he knew he had to keep costs to a minimum and he worried about taxes. He planned to build and distribute safety goggles for construction workers and military personnel. He realized most of his business would not be through walk-in customers but rather large orders from companies. He chose to locate in a government-subsidized area called a(n) __________, where he would receive tax breaks and other government support.
Tyler chose to locate his business in an area which government offer subsized tax rate and tax break in other favor job creation called an enterprise zone.
Areas which are specially offered subsidized rate of taxes in other encourage economic development of such geographical area are called enterprise zone.
In other ensure that companies locate their offices in this zones, government offers support and gives other enticing offers in other to promote job creation in such environment.
Therefore, government - subsidized rates are enjoyed in enterprise zones.
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A lender estimates that the closing costs on a $312,500 home loan will be $12,500. The actual closing costs were 4. 25% of the loan amount. Determine if the closing costs were higher or lower than the estimate and by what percent. A. Higher by 0. 125% b. Higher by 0. 25% c. Lower by 0. 125% d. Lower by 0. 25% Please select the best answer from the choices provided A B C D.
Answer:
B
Explanation:
Because i belive that is would be lower due to the cost of the homes total.
What is the difference between 'a temporary disequilibrium' and 'a fundamental disequilibrium'? Contrast the implication of each type of disequilibrium for official
intervention in the foreign exchange market to defend the fixed exchange rate. In your answer, also explain the meaning of 'disequilibrium' in relation to fixed
exchange rate.
"Temporary disequilibrium" and "fundamental disequilibrium" refer to various imbalances that might impact the exchange rate in the context of foreign exchange markets and fixed exchange rates.
Short-term imbalances in the foreign exchange market that are brought on by transient elements like speculative activity or transient changes in supply and demand are referred to as transitory disequilibrium.
On the other hand, long-term imbalances caused by underlying structural reasons and enduring economic imbalances are referred to as fundamental disequilibrium. These disparities reveal an inconsistency in the underlying economic principles of a nation.
A short-term imbalance in the foreign currency market that does not reflect underlying economic fundamentals is known as a transitory disequilibrium. A fundamental disequilibrium, on the other hand, is characterized by long-term imbalances brought on by structural reasons.
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Can someone co-sign on multiple car loans?
I want to get a car right now, but my mom is co-signing on my sister's car. Is she able to co-sign on my car loan as well, or can she only co-sign on one?
Answer:
Yes
Explanation:
I believe so as long as you do the credit check and as long as you can afford the price you should be fine.
I am not 100% sure but I am pretty sure you can. Make sure you get others answers before making a definite decision.
Hope this helps and if it does, don't be afraid to give my answer a "Thanks" and maybe a Brainliest?
Answer:
She should be allowed to co-sign both of you.
Explanation:
Disclaimer: Not an expert on this topic, but can give you relevant info I found.
I goog.led it and it said that she can infact co-sign both of you if she has good enough credit history and is financially stable. Here's the websites that say that:
"You can even co-sign multiple car loans at the same time."
https://www.autocreditexpress.com/blog/can-i-cosign-if-i-have-a-car-loan-already/
https://itstillruns.com/can-cosign-multiple-cars-7746994.html
P.s. the car dealer you go to can also clarify these things more clearly or your bank would be more credible so feel free to reach out to them.
Type the correct answer in the box.
Identify the marketing research technique implied in the scenario.
A toothpaste manufacturing company has created a new ad for their product to air on television. After the ad airs, bcthey intend to show the ad to a certain
number of customers and then ask them for their feedback regarding the ad. This company is engaging in the _____________
market research technique.
The company is engaging in Customer behavior marketing research techniques.
Consumer Behavior
Consumer behavior refers to the study of consumers and the actions and the decision processes they use to purchase goods and services to satisfy their needs and wants, including emotional, mental, and behavioral responses
Types of
Complex buying behaviorDissonance-reducing buying behaviorHabitual buying behaviorVariety seeking behaviorHence, The company is engaging in Customer behavior marketing research techniques.
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If you get stuck in the window of a car. What do you do?
Answer:
roll down the window and brake it if you cant roll it down
Explanation:
Answer:
OH WELL BYE YOUR DEAD depending on if you are driving but if not you can bust the window out or roll the window down
Explanation:
You are analyzing the results of multinational corporation. You are interested in th firm's Market-to-Book ratio. Under which method would the Market-to-Book ratic be the highest?a. The current rate method.b. The temporal method.c. the ratio is identical under both methods.
You are analyzing the results of multinational corporation. If we are interested in finding the method that would result in the highest Market-to-Book ratio, the answer would be: the temporal method.
The temporal method is an accounting method used to translate the financial statements of foreign subsidiaries. It uses historical exchange rates to determine the book value of assets and liabilities. As a result, it can lead to differences in the reported book value compared to the current rate method, which uses current exchange rates. If the temporal method produces a lower book value, it can lead to a higher Market-to-Book ratio since the market value remains the same. Therefore, under the temporal method, the Market-to-Book ratio is likely to be higher compared to the current rate method. It's worth noting that the choice of accounting method can have significant implications for financial analysis and decision-making. The specific circumstances and factors should be considered when selecting an appropriate accounting method.
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Don uses one hour each week to perform certain tasks, including ______, as part of his personal financial system.
Don spends an hour each week on a number of tasks as part of her financial and personal routine, including settling any past-due bills or payments.
What does an accounting bill mean?An forensic accounting document that details the price a customer must pay for a good or service is referred to as a "bill." It is also regarded as a reminder for payments. It before payment is delivered, a bill is issued, and it's used once and right away.
Is paying a bill a cost?A bill is technically an expense. However, both do have two distinct meanings in QuickBooks. A bill is cash that your company owes but will reimburse later. Any money spent by your company at the moment of a purchase is considered an expense.
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the next big change coming to television advertising will most likely be
The next big change coming to television advertising will most likely be the shift towards programmatic advertising and addressable TV.
Programmatic advertising is the use of software to automate the buying and selling of digital advertising. Advertisers use a demand-side platform (DSP) to buy digital ads automatically, while publishers use a supply-side platform (SSP) to sell their inventory to potential buyers. Programmatic advertising makes it possible to purchase ad space on a large scale quickly and efficiently, enabling advertisers to reach their target audience at the right time and place.
Addressable TV allows advertisers to deliver specific ads to individual households or devices using data and targeting capabilities. This means that different households watching the same program can see different advertisements, making it possible to personalize ads for different audiences. Advertisers can use data such as demographics, interests, and purchase history to deliver more relevant ads to specific viewers, resulting in better engagement and higher conversion rates.
Overall, the shift towards programmatic advertising and addressable TV is likely to bring more targeted and personalized advertising to television viewers. This will make it easier for advertisers to reach their target audience and for viewers to see ads that are relevant and interesting to them.
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Using Inventory Analysis Tools
AutoZone and O'Reilly are two competitors in the retail automotive parts industry.
AutoZone O'Reilly
Average 2015 Inventory $3,320,864 $2,632,898
2015 Sales 10,498,448 8,277,782
2015 Cost of goods sold 4,860,309 3,804,031
Average 2014 Inventory $3,040,553 $2,504,914
2014 Sales 9,786,421 7,527,189
2014 Cost of goods sold 4,540,406 3,507,180
Use the information above to compute the companies' gross profit margin and days inventory outstanding for both years.
Round answers to one decimal place (ex: 0.2345 = 23.5%).
The information above to compute the companies' gross profit margin and days inventory outstanding for both years.Margin of gross profit: 53% and 54% 249 and 252 days of inventory are still unpaid.
Sales *100 / Gross Profit = Gross Profit Margin
Sales minus Cost of Goods Sold is gross profit.
Gross Profit: 1,0,498,448 - 4,860,309 = 5,638,139 for the year.Year 2: 4,473,751 GP margin (8,277,782-3,804,031):
Year 1 53%
Year 2 = 54%
Average inventory/cost of sales*365 days = days of inventory.1,320,864 days (3,320,864/4,860,309*365) = 249days 365 = 252 days in Year 2: 2,632,898/3,804,031Stock of finished goods as of December 31, 2014 was $345,000.
Inventory of work in progress as of December 31, 2014: $83,500 Inventory of work in progress as of December 31, 2015: $72,300 2015 manufacturing cost of goods: $918,700.Stock of finished goods as of December 31, 2015 was $283,600.First, we must determine the cost of producing the goods.Cost of goods manufactured: $918,700 + $83,500 - $72,300 = $929,900 Cost of goods manufactured: = Cost of goods manufactured, 2015 + Beginning work in process inventory - Ending work in process inventory.
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indiana instruments sells handheld communication devices for $75 during august as a back-to-school special. the normal selling price is $125. the standard variable cost for each device is $95. sales for august had been budgeted for 400 units nationwide; however, due to the slowdown in the economy, sales were only 300. the sales volume variance is:
Due to the slowdown in the economy, sales were only 300. the sales volume variance is $12,500 U.
=(AP - BP) x AQ
=($75 - $125) x 300
=$15,000 U
Sales volume variance
=(AQ - BQ) x BP
=(300 - 400) x $125
=$12,500 U
An economic system encompasses all of the activities associated with the manufacturing, consumption, and alternative of goods and offerings in an entity, whether the entity is a kingdom or a small town. No economies are equal. every is fashioned according to its own assets, tradition, legal guidelines, history, and geography.
A distinguished instance of an economy is the conventional economy that encompasses the customs and records of a kingdom to guide the production and distribution of goods. conventional economies are frequently based on agriculture, fishing, and searching. financial structures can be categorized into four fundamental kinds: traditional economies, command economies, mixed economies, and marketplace economies.Learn more about the economy here: https://brainly.com/question/17996535
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tv show suggestions?
Answer:
the umbrella academy, the good place, locke and key, i'm not okay with this, and the end of the fkcunig world
Explanation:
A surface, such as a prep table, that touches food or from which food could drip or drain onto surfaces that touch food is
called a "food-splash surface."
True
False
Answer:
False
Explanation:
Food contact surface is what it is called