Answer:
Loss= $7,500
Explanation:
<u>First, we need to calculate the book value of the equipment:</u>
<u></u>
Book value= purchase price - accumulated depreciation
Book value= 79,000 - 39,500
Book value= $39,500
<u>If the selling price is higher than the book value, the company made a profit by selling the equipment. </u>
<u></u>
Gain/loss= selling price - book value
Gain/loss= 32,000 - 39,500
Loss= $7,500
Answer:
The Food and Drug Administration (FDA) and the United States Department of Agriculture (USDA) require mandatory HACCP programs for juice and meat as an effective approach to food safety and protecting public health. Meat HACCP systems are regulated by the USDA, while seafood and juice are regulated by the FDA.
Answer:
The correct answer is (d)
Explanation:
There are two basic sides in the market, the consumers and the producers. In order to identify the combination of outputs that provide the same level of the utility indifference curve is used. On the other hand, in order to identify the combination of inputs which gives the same level of output is represented by isoquant. It represents a constant quantity of output
Answer:
$3200 favorable
Explanation:
We have given range of number of production = 40000 units
So average of number of units 
Variable cost = $2 per unit
So total variable cost = 40000×$2 = $80000
Fixed overhead = $72000
Budgeted overhead for actual production = Variable overhead +Fixed overhead = $80000+$72000 = $152000
Actual total overhead cost = $148,800
Total overhead controllable cost variance = Budgeted overhead - Actual overhead
= $152,000 - $148,800 = $3,200 favorable.
