Over a 3-year period, a corporation expects sales of 300 units. To avoid the problems associated with employee turnover, it decided to produce 100 units each year, even though sales are expected to increase. The best estimate of sales is 80 units in Year 1, 100 units in Year 2, and 120 units in Year 3. Variable production costs are $50 per unit, and fixed costs are $1,000 per year (even if production is zero). Under absorption costing, if all expenses are paid in cash, by how much does income exceed cash flows in Year 3?
a. $60
b. $1,200
c. $6,000
d. $0
Answers: 2
Business, 22.06.2019 09:20, swello1937
Which statement best explains the relationship between points a and b? a. consumption reaches its highest point, and then supply begins to fall. b. inflation reaches its highest point, and then the economy begins to expand. c. production reaches its highest point, and then the economy begins to contract. d. unemployment reaches its highest point, and then inflation begins to decrease.
Answers: 2
Business, 22.06.2019 20:30, whitems33982
When many scrum teams are working on the same product, should all of their increments be integrated every sprint?
Answers: 3
Business, 23.06.2019 00:00, dezmondpowell
Which of the following statements is true about an atm card?
Answers: 1
Over a 3-year period, a corporation expects sales of 300 units. To avoid the problems associated wit...
History, 02.10.2020 18:01
Mathematics, 02.10.2020 18:01
English, 02.10.2020 18:01