How should it be absorbed into product costs?
Question:
How should it be absorbed into product costs?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (12 reviews)
Absorption costing allocates fixed overhead costs to a product whether or not it was sold in the per...View the full answer
Answered By
Dudhat Vaidehi
I tutored mostly elementary school students privately after school and during the summer. We met in their homes or at the public library. I charged an hourly fee, and I provided any necessary materials.
Having taught in special education in two local schools for many years meant that I had contact with a lot of parents of special needs students. I never had to advertise — word of mouth was how most folks knew of me. At one point I did have a website, but didn't utilize it much. I stayed very busy, especially in the summers, and always had a full schedule. I typically met with each student's teacher in order to get an idea of what the focus of my instruction/remediation should be. Becoming familiar with the student's learning style(s) was also very helpful. Often parents would share records and test results with me. After each tutoring session, I documented the student’s progress and gave parents written updates, as well as phone calls or emails as needed.
While my students and I certainly utilized technology and the internet often during our sessions, I never tutored online or for any tutoring company, so am not familiar with the curriculums or methods used in those settings.
Tutoring one on one was very enjoyable and rewarding. My students and I had fun, and grew quite fond of one another. The extra income was a bonus. I had to retire from tutoring due to a physically handicapping disease, and miss my students very much.
0.00
0 Reviews
10+ Question Solved
Related Book For
Accounting For Non-Accounting Students
ISBN: 9781292128979
9th Edition
Authors: John R. Dyson, Ellie Franklin
Question Posted:
Students also viewed these Business questions
-
What is a stock dividend? How should it be recorded?
-
What is negative goodwill? How should it be reported in the consolidated statements?
-
What is restricted cash? How should it be reported on the balance sheet?
-
A 2-kg picture is hung by two wires of equal length. Each makes an angle of ? with the horizontal, as shown in Figure. (a) Find the general equation for the tension T, given ? and weight w for the...
-
Use a scatter plot to display the data shown in the table at the left. The data represent the numbers of hours worked and the hourly wages (in dollars) of 12 production workers. Hours...
-
The springs on the rope assembly are originally unstretched when ? = 0 o . Determine the tension in each rope when F = 90lb. Neglect the size of the pulleys at B and D. -2 ft- -2 ft- k= 30 lb/ft k=...
-
Assume that Midway Cycles bought and sold a line of mountain bikes during May as follows: Midway Cycles uses the perpetual inventory system. Requirements 1. Compute the cost of ending inventory under...
-
Midland Oil has $1,000 par value bonds outstanding at 8 percent interest. The bonds will mature in 25 years. Compute the current price of the bonds if the present yield to maturity is: a. 7% b. 10%...
-
Over a period of one year, PepsiCo stocks have a total percentage return of -3.25%, capital gains yield of -6.35%, and a current price of $68.98. How much dividends per share did PepsiCo pay during...
-
Construct potential hypotheses or research questions to relate the variables in each of the following examples. Also, write a brief statement explaining why you believe there is a relationship...
-
Outlane Limiteds overhead budget for 2019 is as follows: The company has four production departments: L, M, N and O. The following information relates to each department. Previously, the company has...
-
Burns Limited has three production departments (processing, assembly and finishing) and two service departments (administration and work study). The following information relates to April 2018:...
-
James is puzzled as he reads Corus Entertainment's financial statements. He notices that the numbers have all been rounded to the nearest thousand. He thought financial statements were supposed to be...
-
How has the rapid advancement of technology influenced social behavior and interpersonal relationships? Discuss the potential social consequences of technological integration in everyday life .
-
1 Each year Molly Madison makes and sells 30,000 statues of "The Thinker" for $60/unit. She only has capacity to make 30,000 statues. Unit costs, based on this quantity, is as follows: Direct...
-
Harrimon Industries bonds have 4 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 10%. a. What is the yield to maturity at a current...
-
How do major social institutions (such as family, religion, education, and government) adapt to changing social norms and values? What are the key factors driving institutional change in modern...
-
Inside a flat layer of thickness D=10 cm there is a uniform charge distribution with density p=1C/m. In the layer there is also a spherical cavity, free of charge, of radius R= D/2, centered on the...
-
Prove directly from the axioms of Definition 3.12 that (10.40) defines a norm on the space of n n matrices.
-
Maria Castigliani is head of the purchasing department of Ambrosiana Merceti, a medium-sized construction company. One morning she walked into the office and said, The main problem in this office is...
-
Explain why ethical behavior is so important for finance and accounting personnel.
-
Briefly summarize the Institute of Management Accountants (IMA) Statement of Ethical Professional Practice shown in Figure 1.2. What is the purpose of this statement?
-
Why would the companys former employees improperly record information as described here?
-
Marianne's duplex sold at a foreclosure auction for $280,000. At the time of foreclosure, she had not made any payments to the bank for 11 months ($2,400 each). The outstanding balance of her...
-
Find the complete solution of the linear system, or show that it is inconsistent. (If the system has infinitely many solutions, express your answer in terms of t, where x = x(t), y = y(t), and z=t....
-
1. What is the difference between invitation to treat and offer? 2. Explain the statement "acceptance must be absolute and unqualified." Question 3 Ali goes to the convenience store to buy a can of...
Study smarter with the SolutionInn App