Answer: direct material, direct labor, and fixed manufacturing overhead
Explanation: In calculating product cost in a manufacturing environment, there are two types of costing namely the variable costing method and absorption costing method.
Under absorption costing, a unit of product includes direct materials, direct labour, variable overheads and all fixed manufacturing overhead.
under this method, all variable cost as well as fixed cost are all included in the cost of a product.
Absorption costing is required by GAAP and so has to be using in preparing the financial accounts.
Under absorption costing, a unit of product includes all production costs, namely direct material, direct labor, and both variable and fixed manufacturing overhead.
Under absorption costing, a unit of product includes all costs that are involved in the manufacturing process. These costs include direct material, direct labor, and both variable and fixed manufacturing overhead. To elaborate, direct materials are the raw materials used in producing the product, direct labor is the hands-on labor involved in production, and manufacturing overhead consists of indirect costs associated with production such as factory rent, utilities and production manager salaries. Both variable and fixed overhead costs should be included, with the former changing with the level of production and the latter remaining constant regardless of the production volume.
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For Monica (spouse) 4,000
For Chuck (son) 2,500
For Carter (Monica’s father) 5,000
Sammy and Monica’s 2019 AGI is $130,000. They file a joint return. Chuck and Carter are Sammy and Monica’s dependents.
What is Sammy and Monica’s medical expense deduction for regular income tax purposes?
Answer:
The Sammy and Monica’s medical expense deduction for regular income tax purposes is $17,750.
Explanation:
For the purpose of regular income tax, the deduction pertaining to medical expenses are available up to the extent it exceeds 10% of AGI.
Deduction available = excess expenses incurred - 7.5% of AGI
= ($16,000 + 4,000 + 2,500+5,000) - 7.5%*130000
= 27500 - 9.750
= $17,750
Therefore, The Sammy and Monica’s medical expense deduction for regular income tax purposes is $17,750.
Answer:
Answer is yes
Explanation:
B. lead users
C. early followers
D. intrapreneurs
Answer:
Letter B is correct. Lead Users.
Explanation:
Term developed by prof. Eric von Hippel, Lead Users are those users who are able to transform, adapt and modify a company's product or service for their own benefit, as they face the same market needs a while before regular users.
For Prof Eric von Hippel, there are four steps in developing Lead Users:
The premise is that the Lead Users method is effective in identifying innovation and product trends that need to be developed for a market for your needs.
B. 27.27 27.27%
C. 72.73 72.73%
D. 100.00%
Answer:
Correct answer is 12.11%
Explanation:
expected dividend =$3.2*60%
=$1.92
Hence cost of equity from new common stock=(D1/Current price(1-Floatation cost)+Growth rate
=1.92/(30(1-0.1))+0.05
=(1.92/27)+0.05
which is equal to
=12.11%(Approx).
Answer: 12.11%
Explanation:
GIVEN THE FOLLOWING ;
Earning per Share = $3.20
Expected dividend pay out ratio.(proportion of earning paid out as interest.)
Cost of stock per share = $30
Dividend growth rate = 5%= 0.05
Floatation cost = 10% = 0.1
Cost of equity=(dividend/(Current price(1-Floatation cost)) +Growth rate
Cost of Equity =[ (1. 92÷(30(1 - 0.1)) + 0.05
Cost of equity = [ (1.92 ÷ (30(0.9)) + 0.05
Cost of equity = (1.92 ÷ 27) + 0.05
Cost of equity = 0.07111111 + 0.05 = 0.121111
0.12111 × 100 = 12.11%
Answer:
People didn't want to trade their goods for other goods anymore.
Explanation:
People wanted to have both their item and another item (which they wanted to buy). Then currency was invented.