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).
Claims Reserve. What is a 'Claims Reserve'. A claims reserve is the money that is earmarked for the eventual claim payment. The claims reserve funds are set aside for the future payment of incurred claims that have not been settled and thus represent a balance sheet liability.