Answer:
Explanation:
The journal entry is shown below:
Cash A/c Dr $30,000
Accumulated Depreciation - Equipment A/c $12,494
To Equipment A/c $40,606
To Gain on Disposal of Equipment $1,888
(Being sale of machinery is recorded and the remaining balance is credited to the Gain on Disposal of Machinery A/c)
The computation is shown below:
= $30,000 + $12,494 - $40,606
= $1,888
Customers may be grouped by similar variables, such as age, gender, occupation, education, income levels, geographic location, industry, number of employees, number of years in business, products or services offered or other defined criteria.
Answer:
Another term for a pre-inspection agreement is Standard of practice.
Explanation:
Standard of practice entails agreement signed before any business is done at all, it forms the basis of the agreement documented and signed
Answer:
$31 per hour
Explanation:
The predetermined overhead rate is computed as
= Estimated manufacturing overhead / Estimated direct labor hours
Given that
Estimate manufacturing overhead = $629,300
Estimated direct labor hour = 20,300
Therefore,
Predetermined overhead rate
= $629,300 / 20,300
= $31 per hour
Answer:
A. Recent environmental research reveals that the dust from the limestone quarrying site has severely contaminated the water at a nearby lake.
Explanation:
The limestone production results in huge social effects like, noise pollution, soil pollution, which affects lives of people. And since the manufacturers or producers of limestone do not care about the social results of such production, they shall be liable to pay huge taxes.
As for this, the cause as stated in statement A is absolutely suitable.
Also the prices are more in this area even after so much of social destruction.
Accordingly high taxes as a penalty for such social destruction shall be charged.
