Answer:
D) $22.5 Million
Step-by-step Explanation:
To calculate the cost of goods sold of minerals we first need to compute the depletion cost.
- Calculate Cost depletion:
Formula: 
× <em>U</em>
<em>Where:</em>
<em>APV = </em>Adjusted property Value.
<em>TR = </em>Total reserves.
<em>U = </em>Units extracted in a given period.<em> </em>
Data:
- APV: [$40 + (0.25 × $100) + $60] = 125,000,000
- TR: $20 million tons
- U: 2 million tons.
Putting values in the formula:
Depletion cost = 
× 2,000,000 = 12,500,000
- Calculate costs of goods sold:
CGS = (Depletion cost + wages and extraction costs)
CGS = 12,500,000 + 10,000,000 = $22,500,000
- The wages and other cost wasn't included in Depletion cost because it is an inventory cost which is supposed to be included in the cost of goods sold.
Answer:
The correct answer is letter "B": A partner in a partnership is taxed on his or her share of partnership income.
Explanation:
Partnerships are organizations where two or more individuals operate a business. The partners are fully liable for the transactions of the company which implies their personal assets can be considered as collateral if the company falls into debt. When it comes to taxes, the partners must file them according to the <em>percentage contribution to the partnership</em>.
Answer:
Dockside Enterprises
The minimum transfer price per hour that the repair division should obtain for its services, assuming it is operating at capacity is:
= $47.
Explanation:
Repair division's estimated variable cost per labor-hour = $37
Standard selling price per labor-hour = $77
Labor cost of the hire of outside repair workers per hour = $47
Minimum transfer price = the variable costs plus a calculated opportunity cost
Minimum transfer price = $47 ($37 + $10)
Calculated opportunity cost = $10 ($47 - $37)
Answer is B. relationship because cause is when something is done and effect is when something that has a effect on it unknown exist means don't exist and dependent variable means only one
Answer: Environmental scanning
Explanation: In simple words, environmental scanning refers to the study of events that affects the operations of the business and relate them with the internal and external environment in which the firm operates.
In the given case, the managers of the company are trying to predict the changes in the industry by looking at the trends of their competitors.
Hence from the above we can conclude that this assessment is environmental scanning.
