Nobody understands maths and if you do you were sent from heaven
Sales journal, here goods that are sold on credit are recorded while in a sale return journal goods, initially sold on credit when returned are recorded here.
Answer:
$971,919
Explanation:
Given:
For activity level = 7,000 units
Total variable cost = $590,730
Total fixed cost = $372,750
Now,
Variable cost per unit = 
or
Variable cost per unit = 
or
Variable cost per unit = $84.39
The fixed cost remains the same irrespective of the number of units produced
Therefore,
The total cost for activity level of 7,100 unit
= Total variable cost for 7,100 units + Total fixed cost
= Variable cost per unit × Number of units + Total fixed cost
= ( $84.39 × 7,100 ) + $372,750
= $599,169 + $372,750
= $971,919
Answer:
Explanation:
1. Mineral mine - $9.3 million
Development costs - $2500 000
1/[(1+0.07)^4]=0.76290
Restoration costs = $472995 = [(530k * 0.4)+(630k * 0.3)+($730k * 0.3)] *0.76290
Cost of mine= $9.3 million+$2500 000+$472995 = $12272995
2. Depletion:
($12272995/730000tons)*113000tons=$1899792
Depreciation of machinery=($143400-$12000)/730000 * 113000tons = $20340
Depreciation of structures=($36500/730000tons)*113000tons=$5650
3. Accrecion expense recognized:
$472995*0.07*8/12=$22073
Answer:
B. $123,000
Explanation:
The computation of the Paul's cost of going to college is presented below:
= Tuition fees + room and board charges + books expenses + earning as a construction job - room and board charges
= $90,000 + $15,000 + $7,000 + $22,000 - $11,000
= $123,000
We simply deduct the room and board charges while working as a construction job and the other items would be added
