Answer:
(B) Debit Depreciation expense and Credit Property Plant and Equipment
Explanation:
the depreciation is the accrued expense recognize for the effect on time on the firm's assets. There is no cash involve in a depreciation It is an accounting expense. So A and C cannot be coorect.
As the depreciation is an expense, it will be debited. not credited. so D is incorect as well.
The net income is a figure which resumes the expenses and revenues of the company. It is not an account thus, it can't be debited or credited. Making E incorrect as well.
Answer:
Silven Industries
If Silven buys its tubes from the outside supplier, it will be able to avoid $1.10 of its own Chap-Off manufacturing costs per box
Explanation:
a) Data and Calculations:
Estimated Production and Sales Units of Chap-Off = 140,000 boxes
Manufacturing cost per box: Avoidable costs
Direct material $ 3.70 $0.74 ($3.70 * 20%)
Direct labor 2.00 0.20 ($2.00 * 10%)
Manufacturing overhead 1.60 0.16 ($1.60 * 10%)
Total cost $ 7.30 $1.10
Outside supplier's price for tubes = $1.20 per box
b) Unless there an alternative use for the machine used in making the tubes internally exists, it may not be cost-effective for Silven to buy from the outside supplier. Alternatively, it should renegotiate a price per box that is less than $1.10 in order to stop making the tubes internally.
Answer:
The correct answer is:
Producers, consumers.
In the context of agribusiness and the globalization of agriculture, the food chain is a way of understanding complex connections between agricultural producers and food consumers.
Explanation:
The globalization process of agriculture has allowed the agricultural world to expand in a more appropriate and faster way, since it has provided the necessary elements lacking in the past for a growing economy in this important field for humanity. The Globalization of agriculture has been acting like a growing chain, once the exportation process grows, it provides more employment and at the same time when families have more income the demand grows as well.
Answer:
Explanation: Financial Statement
the financial statement is an annual statement stating the financial position of an organisation
Under the financial statement we have:
1. Income Statement: Expenses, Net Income
2. Balanced Sheet: Cash Asset, Non cash Asset, Retained Earnings
3. Statement of stockholders equity: Contributed Capital, cash inflow for stock issued, cash outflow for dividends
4. Statement of cash flow: cash flow for capital expenditures
Answer:
Cash flow year 0 (110,000)
or in other way to express it: a cashoutflow for $110,000
Explanation:
Initial net cahs outflow
this will be the acquisition of the machine cost plus the increase in the working capital for the company
machine cost: all cost necessary for acquire the machien and get it operational
supplier list price 85,000
installation cost <u> 15,000</u>
total cost 100,000
Increase in Working Capital Cost 10,000
As these are cost they are negative so we have a cashouflow
Total cashflow (110,000)
