Answer:
d. $ 0.16 per board feet
Explanation:
From the data in the question, the tract of land is to be depreciated based on the usage method of depreciation,
The computations are as follows:
Cost of tract of land $ 1,000,000
Less: Estimated salvage value $ ( 200,000)
Depreciable basis for land $ 800,000
Estimated usage from tract of land 5,000,000 board feet
Depreciation per board feet
Depreciation basis/ estimated usage $ 800,000/ 5,000,000 = $ 0.16 per board feet
Answer: ▶False◀
Explanation:▶ realistically when prices fall, demand goes up. This is because everyone would buy something that cost less, than something that is expensive. Now when prices go up, demand usually goes down. This is because the consumer wouldn't want to buy something from ( ex:) retailer 1, who's products are too expensive. Than retailer 2, who's prices are very reasonable. People wouldn't want to demand something that has a price going up and up.
//Give thanks(and or Brainliest) if helpful (≧▽≦)//
Answer:
$30,000 unfavorable.
Explanation:
Calculation for what The direct labor efficiency variance for October was
Using this formula
Direct labor efficiency variance = (Standard hours for actual production - Actual hours) × Standard rate per hour
Let plug in the formula
Direct labor efficiency variance=(5,000 × 2 - $207,000 ÷ $18.00) × $20
Direct labor efficiency variance= (10000 - $11,500) × $20
Direct labor efficiency variance= $1,500 × $20
Direct labor efficiency variance= $30,000 unfavorable
Therefore The direct labor efficiency variance for October was $30,000 unfavorable
Answer:
Martina
Javier :
Kama
Explanation:
The people that would participate in the market are those whose willingness to pay is higher than the market price for the grill.
The willingness to pay is the highest amount a person would be willing to pay for a good
Martina : $400 > $300 would participate
Javier : $350 > $300 would participate
Kama : $320 > $300 would participate
Lina : $200 < $300 would not participate
Answer:
the journal entry are given below
Explanation:
given data
On January 10
purchase merchandise = $1,700
On February 10
amount due = $1,700
On February 12
Molly pays = $1,100
On March 10
amount due & interest = 1% per month
solution
Interest revenue to be recorded on March 10 that is calculated as
Unpaid balance as of February 12 = $1700 - $1100 = $600
and interest rate = 1% per month
so
Interest revenue = $600 × 1% = $6
so the journal entry are
date account title debit credit
January 10 account receivable $1700 sales revenue $1700
February 12 cash $1,100
sales revenue $1100
March 10 account receivable $6
interest revenue $6
