Answer:
$218,200
Explanation:
The computation of amount charged to income (expense and loss) is shown below:-
Total cost of the patent = $200,000 + $66,000
= $266,000
Amortization expense for 3 years = $266,000 ÷ 10 × 3
= $79,800
Net Patent cost = Total cost of the patent - Amortization expense
= $266,000 - $79,800
= $186,200
The amount charged to income (expense and loss) in 2024 related to the patent = Net Patent cost + Legal fees
= $186,200 + $32,000
= $218,200
Answer:
Debit Utilities Expense 400
Credit Accounts Payable 400
Explanation:
An unexpected result is examined a lot more closely, since it must disagree with some currently accepted theory to be accepted as unexpected. If something is expected, we generally don't question it, although this is sometimes a tragic mistake and may cost a lot more for a person.
An advantage to dedicated fulfillment is A) no disruption to store operations. The dedicated fulfillment is one of eight types of fulfillment to consumer model. A dedicated fulfillment describes two separate channels required for delivering the company's product. These two channels are the retail store distribution and the direct to customer distribution<span>. Thus, there is no disruption to store operation.</span>
Answer:
Purchases= 88,400 units
Explanation:
Giving the following information:
To manufacture a box, it takes 44 units of wood
The scheduled production of boxes for the next two months is 2,100.
Beginning inventory is 16,000 units of wood
<u>The ending inventory of wood is planned to decrease 4,000 units each of the next two months.</u>
T<u>o calculate the purchase of wood required, we need to use the following formula:</u>
Purchases= production + desired ending inventory - beginning inventory
Purchases= 44*2,100 + (16,000 - 4,000) - 16,000
Purchases= 88,400 units
