Answer:
generally you need to determine the cost per unit, but in this case you are given a percentage of depletion = 10% x $225,000 = $22,500 which determines the inventory value (or depletion expense if the timber is sold) during the year.
the journal entry should be:
December 31, 20xx
Dr Timber inventory 22,500
Cr Accumulated depletion - timber tract 22,500
A natural monopoly, such as a local electricity provider, is the result of long run average total costs declining continuously as output increases. The correct option among all the options that are given in the question is option "3". The initial cost of power generation and power distribution cost is high. Once the generation starts and the number of consumer increases, the average cost starts declining.
a) - money issued by the financial intermediaries such as banks but not the central bank
The minimum sales required by Jennifer to meet her savings goal must be $26.25 per hour or $2100 for September.
Given that,
Savings desired = $1500
Monthly expenses = $600
Let money earned by her every hour be 
No. of scheduled work hours 
So,
Total money earned for the month ×
As we know,
Money left = Total money earned - expenses
- 
...(i)
A.T.Q.
Money left must be = $1500
Then, by putting the variables in equation (i), we get
Now, solving for
_______________
∵ 
Thus, the required sales are $ 
per hour or ( × = $2100) for the month of September.
Learn more about 'savings' here:
brainly.com/question/18051939
Answer:
Since Mrs. O'Malley disenrolled form the plan because she was moving away to a location that was not served by the company, Agent Higgins compensation should not be affected.
If Mrs. O'Malley (or any other client) leaves the plan before the 3 month period because she decides to go back to her former provider since she doesn't like this plan (for whatever personal reason), then the company would be able to recoup Agent Higgins's compensation.
