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).
Oil reserves are primarily a measure of geological risk - of the probability of oil existing and being producible under current economic conditions using current technology. The three categories of reserves generally used are proven, probable, and possible reserves. Proven reserves - defined as oil and gas Reasonably Certain to be producible using current technology at current prices, with current commercial terms and government consent- also known in the industry as 1P.