Variable selling and Administrative expenses $3 Fixed costs per year: Fixed manufacturing overhead $30,000 Fixed selling and administrative expenses $10,000 Required: 1. Compute the unit product cost under absorption costing method.2.Compute the unit product cost under variable / marginal costing method.ariable selling and Administrative expenses $3 Fixed costs per year: Fixed manufacturing overhead $30,000 Fixed selling and administrative expenses $10,000 Required: 1. Compute the unit product cost under absorption costing method.
Marine reserves are types of marine protected areas. A marine protected area is a âgeographic area with discrete boundaries [like the boundaries of a piece of real estate or a park] that has been designated to enhance the conservation of marine resourcesâ (Ocean Studies Board).
The term proven reserves is further subdivided into proved developed reserves and proved undeveloped reserves. Note that it does not include Unproven reserves, which is broken down into probable reserves as well as possible reserves. These reserve categories are totaled up by the measures 1P, 2P, and 3P, which are inclusive of all reserves types: 1P reserves = proven reserves (both proved developed reserves + proved undeveloped reserves). 2P reserves = 1P (proven reserves) + probable reserves, hence proved AND probable..