Answer: the correct answer is $128,000
Explanation:
$20,000 (overtime pay) + ($ 360,000 / 10*3). Biweekly salaries are
$360,000 and the week has 5 days that's why we have to consider a biweekly salary for 10 days and multiple that by 3 days.
$20,000 + $108,000 = $128,000
Answer and Explanation:
1st Sep Land 85400/140000*120000 $73,200
Building 54600/140000*120000 $46,800
Cash $120,000
2nd Sep Equipment 42000*0.91743 $38,532.06
Discount 3780*0.91743 $3,467.94
Notes Payable $42,000
15th Sep Truck $2,700
Sales Revenue $2,700
18th Sep Organization Cost Expenses $4,000
Cash $4,000
10th Oct Machinery $17,600
Cash $17,600
2nd Dec Office Equipment $5,700
Common Stock $5,700
10th Dec Land $22,000
Cash $3,000
Notes Payable $19,000
<span>monuments is the right answer </span>
Answer: Option (A) is correct.
Explanation:
Correct Option: A.supply whatever amount consumers demand at a price determined by the minimum point on the typical firm's average total cost curve.
In the long run, equilibrium price of a perfectly competitive firm implies that there is no economic profit for the firm. This situation occur when the marginal cost is equal to the average total cost.
The firm is break even when the price is equal to the minimum point of average total cost of the firm. So, there is no possibility of economic profit for the firm.
Answer:
96.3 days
Explanation:
Inventory turnover is calculated as;
= ( Average inventory / cost of goods sold ) × 365
Where,
Average inventory = (Beginning inventory + Ending inventory) / 2
Average inventory = ($208,000 + $188,000) / 2
Average inventory = $198,000
Therefore,
Inventory turnover = ($198,000 / $750,000) × 365
Inventory turnover = 96.3 days
The average number of days for Tinker to sell it's inventory during 2019 is closest to 96.3 days
