Answer:
Cost of Goods Sold = $ 400,000
Explanation:
Units Sold = $360,000/ $225= 1600
Sales $360,000
Direct materials $176,000
Direct labor $100,000
Variable factory overhead $44,000
Fixed factory overhead $80,000
Total Manufacturing Costs $ 400,000
Variable selling and administrative expenses $20,000
Fixed selling and administrative expenses $10,000
Cost of Goods Sold = $ 400,000
As ending Inventory Finished Goods is 400 units it is not included in the Cost of Goods Sold.
Explanation:
Group of answer choices the domestic price of good x will fall
Answer: True
Explanation: The given case does illustrates business acquisition. Business acquisition refers to the process in which one company purchases majority or all of the shares of another company.
In the given case, Laurie corp. purchased Smith inc. and the part of production is then transferred to the purchased company for the ease of operations.
Hence, from the above we can conclude that the answer is true.
Answer:
True
Explanation:
The Stock price changes after dividend increase or decrease do not demostrate a prefference for Dividend over retained earnnings .Rather price changes simply indicates that dividend announcement have information,or signaling ,content about future earnings.
When the market value of all final and intermediate goods and services in an economy are added up in a given year, this would lead to <u>Double Counting. </u>
<h3>What is double counting?</h3>
Double counting is a problem in Gross Domestic Product calculation where intermediate goods are added to final goods to determine the country's productivity.
Adding intermediate goods is a faux pass because the value of intermediate goods are included in the final goods and services price so there is no need to add them again.
If they are added, then the value of the intermediate goods would have been counted twice or double. This is where double counting comes from.
For instance, when making bread, flour is an intermediate good. The bread already includes the cost of this flour so adding the cost of the flour would mean inflating the true cost of the bread.
In conclusion, this is double counting.
Find out more on double counting at brainly.com/question/1112587
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