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1 year ago

) At 1 november 2014 Brian owed $28,754 to his suppliers. During the year he paid his suppliers a

1 answer:

8 0

Given the sums paid and owed to suppliers for the year ending on October 31, 2015, the value of Brian's credit purchase was $188, 409.

<h3>What was the credit purchase value ?</h3>

Brian's credit purchased in the year that ended 31 October 2015, can be found by the formula :
= Amount owed by Brian in 2014 + Amount paid by Brian in 2015 - Amount owed at 31 October 2015

Solving this equation would give us a value of :

= $ 28, 754 + 185, 844 - 26, 189

= $ 188 , 409

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Caroline is an artist. She purchases canvas, paints, brushes, and accessories for $75. She sells orn of her original paintings t

liberstina [14]

Answer:

Value added to the gallery will be $3000

So option (C) will be correct answer

Explanation:

We have given that Caroline sells her original painting for $1500 to an art gallery.

And after that her painting was sold to an art lover at cost of $4500

We have to find the value added to the gallery

Value added to the gallery will be equal to difference of price sold to the art lover and cost at which painting is sold to art gallery

So value added to gallery = $4500 - $1500 = $3000

So option (C) will be correct answer

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3 years ago

Terrence Industries charges manufacturing overhead to products by using a predetermined application rate, computed on the basis

puteri [66]

Answer:

See below

Explanation:

First, we need to get the predetermined rate

Predetermined rate = Cost of manufacturing overhead / Cost driver

= $1,800,000/60,000

= $30

We will now calculate the application.

Actual labor hours × rate

= 61,500 × $30

= $1,845,000

We will now compare actual with overhead cost

= Applied Overhead cost - Actual manufacturing overhead

= $1,845,000 - $1,810,000

= $35,000

The above is an over application of overhead cost because the cost applied exceed the actual cost.

5 0

2 years ago

Custom Cars purchased some $39,000 of fixed assets two years ago that are classified as 5-year MACRS property. The MACRS rates a

Irina18 [472]

Answer:

$18,904.80

Explanation:

Calculation for what will be the aftertax cash flow from the sales

First step is to calculate the Accumulated Depreciation

Accumulated Depreciation = (0.2 + 0.32)*39,000 Accumulated Depreciation= 0.52*39,000

Accumulated Depreciation = $20,280

Second Step is to calculate the Book Value using this formula

Book Value = Initial Cost –Accumulated Depreciation

Let plug in the formula

Book Value = $39,000 - $20,280

Book Value = $18,720

Third step is to calculate the profit using this formula

Profit = Sales value–Book Value

Profit= $19,000 - $18,720

Profit = $280

Fourth Step is to calculate the taxes

Taxes = 0.34*280

Taxes = $95.20

Last step is to calculate the aftertax cash flow from the sale using this formula

Aftertax cash flow from the sale=Assets sold today-Taxes

Let plug in the formula

Aftertax cash flow from the sale= 19,000 - $58.80

Aftertax cash flow from the sale= $18,904.80

Therefore the Aftertax cash flow from the sale will be $18,904.80

3 0

3 years ago

Psychographic analysis and behavioral analyses are examples of methods of ________. market research marketing market segmentatio

Anni [7]

Psychographic analysis and behavioral analyses are examples of methods of market segmentation positioning.

Market research is the process of determining the feasibility of a new service or product through research conducted directly on potential customers. Market research allows companies to discover target markets and collect consumer opinions and other feedback regarding their interest in products and services.

Most business ideas come from entrepreneurs who recognize a need for a product or service.

The psychographic analysis includes personality traits, lifestyle, social class, habits, behaviors, and interests. Each of these unique psychological factors strongly influences consumer behavior. These factors are then used to segment the audience based on their psychographic composition.

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8 0

2 years ago

Suppose that a rap grouprap group called RG 2RG2 has released its first CD with LiveLive Records at an intended list price of $

GuDViN [60]

Answer:

D) The recording label should expand the production and distribution of RG 2RG2's first CD.

Explanation:

According to the law of supply and demand, since the customers are willing to pay a price higher than equilibrium price, that means that their is a shortage of the product or service and that the supply should increase in order to get the price back to equilibrium price.

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3 years ago