Answer: $47,900
Explanation:
From the question, we are told that part of the initial investment, Ray Blake contributes equipment that had originally cost $96,100 and on which accumulated depreciation of $72,075 has been recorded.
We are further told that assuming similar equipment would cost $164,400 to replace and the partners agree on a valuation of $47,900 for the contributed equipment, we are told to calculate the amount that would be debited to the equipment account.
It should be noted that in a partnership, when the partners contribute an asset, during the recording of the asset in the partnership book, it is recorded based on the agreed valuation price.
In this case, the partners agree on a valuation of $47,900 for the contributed equipment. Therefore, the amount that should be debited to the equipment account will be $47,900.
Answer:
The actual overhead cost for manufacturing is $21700
Explanation:
Given data:
Pre determine overhead cost = $6
Number of hour of direct labor = 3200 hr
Under applied overhead = $2500
actual manufacturingg overhead cost can be determined as
![actual\ overhead\ cost = [pre-determned\ overhead\ cost \times direct\ labor\ hours] + applied\ overhead](https://tex.z-dn.net/?f=actual%5C%20overhead%5C%20cost%20%3D%20%5Bpre-determned%5C%20overhead%5C%20cost%20%5Ctimes%20direct%5C%20labor%5C%20hours%5D%20%2B%20applied%5C%20overhead)
putting all value to get the required value of actual overhead cost
actual overhead cost ![= [$6 \times 3200 hr] + $2500](https://tex.z-dn.net/?f=%3D%20%5B%246%20%5Ctimes%203200%20hr%5D%20%2B%20%242500)
= $21700
The actual overhead cost for manufacturing is $21700
Professional communication refers to the oral, written, visual, and digital forms of delivering information in the context of a workplace. Effective professional communication is critical in today's world. ... Effective communication ensures a smooth flow of ideas, facts, decisions, and advice.
Answer:
Cost of Earnings = (Dividends per share for next year ÷ Current market value of the stock) + Dividend growth rate
= 8.42 %
Explanation:
See Attachment
Answer:
a) Decrease LRAS
b) Decrease LRAS
c) Increase AD
d) Increase AD
Explanation:
steel workers go on strike so less steel is produced : this will cause a decrease in the log run aggregate supply of steel in the economy
A tornado destroys factories in Louisiana.: this will cause a decrease in the log run supply of factory products and by-products in the economy
Consumer optimism increases.leads to an increase in the aggregate demand curve
The stock market rallies to 52-week highs increasing consumer wealth. this will definitely lead to an increase in the aggregate demand curve because with more money to spend the demand curve will increase
