Answer:
$5,700
Explanation:
Purchased of a commercial dishwasher + Incurred transportation costs+ Installation fees= Total recorded amounts
$5,000 + $400 + $300 = $5,700.
Therefore the amount that the company will record the dishwasher is $5,700 because the parking ticket should be expensed as incurred due to the fact that it is not a cost necessary to get the asset ready for use.
The best answer for this question would be:
d. The 5 string bass guitar
This innovation is not a dominant design
because it has already been done, and that the attempt of this 5-string would
result in a musical failure.
Answer:
The answer is $53,699
Explanation:
Discount = 2%
Discount days = 15 days
Net days = 40 days
Gross purchase is $800,000 per year
Discount on the purchase is $16,000(2% of $800,000)
Therefore net purchase is $784,000($800,000 - $16,000).
Net per day is:
Net purchase ÷ 365 days
$784,000 ÷ 365 days
= $2,147.95
Total trade credit = Net per day x Net days
$2,147.95 x 40 days = $85,918
Free credit = Net per day ×Discount days
=$2,147.95 x 15= $32,219
Therefore, Costly trade credit = Total credit −Free credit
$85,918 - $32,219
= $53,699
Answer:
the number of units produced in August is 68,900 units
Explanation:
The computation of the number of units produced in August is presented below:
Sales 68,000 units
Add: ending inventory (71,000 units × 30%) 21,300 units
Less: beginning inventory (68,000 units × 30%) -20,400 units
Production in August 68,900 units
Hence, the number of units produced in August is 68,900 units
The same format should be used
Earl has $310 dollars in his checking account
