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1 year ago

For most businesses, annual straight line depreciation expense on the company's building is what type of cost?

Business

1 answer:

Rom4ik [11]1 year ago

6 0

For most businesses, annual straight line depreciation expense on the company's building is fixed cost.

A fixed cost is one that does not change no matter how many units of a good or service are produced or sold. Fixed costs are expenses a company must pay regardless of the specific economic operations it does. As a result, fixed expenses are often indirect because they have nothing to do with how a firm produces any goods or services. Both fixed expenses and variable costs, which together make up a company's total costs, are common. It's common practice to reduce fixed expenses by using shutdown points.

Learn more about fixed costs here:

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A new accountant at Windsor, Inc. is trying to identify which of the following amounts should be reported as the current asset "

seropon [69]

Answer:

The balance should Windsor report as its "Cash and cash equivalents" balance at April 30, 2017 is $19,410

Explanation:

The computation of the "Cash and cash equivalents" balance at April 30, 2017 is shown below:

= Currency amount + U.S treasury bill + check received in April month + checking account + saving account

= $70 + $11,100 + $300 + $2,730 + $5,210

= $19,410

The other given transactions would not be included because there is no outflow and inflow of cash for the April month. Hence, ignored it

5 0

3 years ago

Current operating income for Bay Area Cycles Co. is $40,000. Selling price per unit is $100, the contribution margin ratio is 20

svlad2 [7]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Operating income= $40,000.

Selling price per unit is $100

Contribution margin ratio= 0.20

Fixed expense is $160,000

First, we need to calculate the unitary variable cost. We can use the contribution margin ratio formula:

contribution margin ratio= (selling price - unitary variable cost) / selling price

0.2 = (100 - unitary variable cost) / 100

unitary variable cost= 80

Now, the contribution margin:

Contribution margin= 100 - 80= $20

Finally, the number of units being sold:

Total contribution margin= operating income + fixed costs

Total contribution margin= 40,000 + 160,000= 200,000

Unitary contribution margin= Total contribution margin/number of units

20= 200,000 / number of units

number of units= 200,000/20

number of units= 10,000 units

6 0

3 years ago

Susan can pick 4 pounds of coffee in an hour or gather 2 pounds of nuts. tom can pick 2 pounds of coffee in an hour or gather 4

Kryger [21]

Answer: Total earning is $96 for both Susan and Tom

Explanation:

Susan can pick 4 pounds of coffee or 2 pounds of nuts.

Tom can pick 2 pounds of coffee or 4 pounds of nuts.

Price of Coffee = $2 per pound

Price of Nuts = $2 per pound

Opportunity cost of producing coffee for Susan = 2/4 = 0.5

Opportunity cost of producing coffee for Tom = 4/2 = 2

Opportunity cost of coffee is low for Susan, so she has a comparative advantage in it.

So, Susan produces 6*4 = 24 pounds of coffee, total revenue from sale of coffee is $24*2 = $48

Opportunity cost of producing Nuts for Susan = 4/2 = 2

Opportunity cost of producing Nuts for Tom = 2/4 = 0.5

Opportunity cost of coffee is low for Tom, so he has a comparative advantage in it.

So, Tom produces 6*4 = 24 pounds of nuts, total revenue from sale of nuts is $24*2 = $48

So, $total earning = $48+$48 = $96$

5 0

3 years ago

If the number of people classified as unemployed is 50,000 and the number of people classified as employed is 250,000, what is t

Liula [17]

Based on the given values above, it is said that there are 50,000 people who are unemployed and 250,000 are employed. This means that the total number of people basing on these numbers is 300,000. So we just have to divide 50,000 by 300,000 and we get 0.17. Therefore, the unemployment rate is 17%. Hope this helps.

5 0

3 years ago

Read 2 more answers

Planning practices are different from organization to organization. do you agree? explain

Snowcat [4.5K]

Answer:

yes I agree

Explanation:

because different organizations manufacture or provide different goods and services so it's not possible for them to have the same planning practices take for instance an organization that deals with the provision of food to refugees and an organization that deals with the manufacturing of goods these two organizations will plan differently on how to go about with there businesses.

I hope this helps

5 0

3 years ago