Well I think it is D.ATM fees because it just feels right
Refiners are in the secondary sector of the market because they are taking inputs and making them into products for consumption.
Answer:
Under striaght line the depreciation wil be of 10,548 dollar per year.
Explanation:
the accouting will enter the asset as the sum of all necessary cost to aquire it and leave it ready for use:
price 54,500
taxes 2,050
shipping 100
insurance 110
installation <u> 80 </u>
<em>total </em><em> 56,840</em>
depreciation per year:
(cost - salvage value ) / useful life
(56,840 - 4,100) / 5 = 10.548
Answer:
Prepare an income statement for the company for August
Revenue (3000×$400) 1,200,000
<u>Less Cost of Sales</u>
Labour Cost for Consulting Staff (3000×$200) 600,000
Overheads 72,000
<u><em>Less</em></u> Over Applied Overheads 12,000 660,000
Gross Profit 540,000
Less Operating Expenses
Markerting and Administrative Costs 240,000
Net Income 300,000
Explanation:
Net Income = Sales - Cost of Sale - Operating Expenses
Cost of Sales in the case of RCMP involves the cost of providing a service for each of their clients.