Answer:c
Explanation:
Answer:
$35,000
Explanation:
net operating income under variable costing would be calculated by preparing income statement under variable costing.
Smith Company
income statement under variable costing system
Sales (7,500 x $40) $300,000
Less Cost of Sales (7,500 x $18) ($135,000)
Contribution $165,000
Less Expenses
selling and administrative expense ($4 x 7,500) ($30,000)
fixed overheads :
manufacturing ($80,000)
selling and administrative expense ($20,000)
Net Income $35,000
The net operating income under variable costing for Smith Company is $24,000.
The net operating income under variable costing can be calculated by subtracting the variable manufacturing cost per unit, variable selling and administrative expense per unit, and the total fixed manufacturing overhead and fixed selling and administrative expense from the total revenue.
Variable cost per unit = Variable manufacturing cost per unit + Variable selling and administrative expense per unit = $18 + $4 = $22
Total revenue = Selling price per unit × Number of units sold = $40 × 7,500 = $300,000
Total variable cost = Variable cost per unit × Number of units produced = $22 × 8,000 = $176,000
Total fixed cost = Fixed manufacturing overhead + Fixed selling and administrative expense = $80,000 + $20,000 = $100,000
Net operating income under variable costing = Total revenue - Total variable cost - Total fixed cost = $300,000 - $176,000 - $100,000 = $24,000
#SPJ3
Monetary policy is the guideline issued by the central bank, currency board or other regulatory committee that determines the size and rate of growth of the money supply. This in turn affects the interest rates and inflation. Consumer spending is affected by the monetary policies because if the regulatory agencies decrease the reserve requirement or reduce the interest rates, this creates incentives for banks to loan and business to borrow. This promote spending on the part of the consumer as well since they can borrow money at a lower interest rate and new businesses will emerge that would offer more variety of products or services that consumers may spend for.
b. Diesel.
c. Ethanol.
d. Gasoline
Answer:
Explanation: Volumetric energy density is the calculation of how much energy is contained in a system compared to its volume expressed in Megajoules per liter.
Listed below are transport fuels from lowest to highest:
1. Compressed natural gas - 9MJ/L
2. Ethanol - 24MJ/L
3. Gasoline - 34.2 MJ/L
4. Diesel - 38MJ/L
Output increases B.) According to endenuity