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3 years ago

Budgeted depreciation expense would not appear on a:

Business

1 answer:

Naya [18.7K]3 years ago

8 0

Answer:

c. Cash budget.

Explanation:

Depreciation: Depreciation is an expense indicating a reduction in the value of fixed assets due to tear and wear, obsolescence, usage, time period, etc. That is shown on the income statement's debit side.

It is a non-cash element that has no effect on the cash balance i.e cash budget and cash flow statement.

Moreover, it shows under the selling and administrative expense budget also

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A company incurred the following costs: Selling and administrative expenses: $45,000; Direct materials: $15,000; Income tax expe

Westkost [7]

Answer:

$50,000

Explanation:

<em>Manufacturing cost is sum of direct material plus direct labour and manufacturing overhead</em>

Direct material is the cost of all materials directly consumed for production purpose.

Direct labour is the cost of labour hours used for directly for production purpose

Manufacturing cost = 15,000+30,000 + 5000

=$50,000

5 0

3 years ago

If it is clear that a customer is being difficult and the staff has acted professionally, the restaurant manager should A. argue

natta225 [31]

Answer:

D. go over the customer’s complaint with the front-of-the-house and back-of-the-house staff to avoid future problems.

4 0

2 years ago

What is the largest item on which the federal government spends the money it raises?

strojnjashka [21]

Answer: social security

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3 years ago

Read 2 more answers

On January 1, 2018, McGee Co. had the following balances: Projected benefit obligation $7,310,000 Fair value of plan assets 7,31

ad-work [718]

Answer:

A.$7,831,000

B.$7,754,000

C.$527,900

Explanation:

(a)Projected benefit obligation, January 1 $7,310,000

Service cost 306,000

Interest cost (9% × $7,310,000) 656,900

Benefits paid (441,000)

Projected benefit obligation, December 31

$7,831,000

(b)Fair value of plan assets, January 1 $7,310,000

Actual return 435,000

Contributions 450,000

Benefits paid(441,000)

Fair value of plan assets, December 31 $7,754,000

(c)Service cost $306,000

Interest cost (9% × $7,310,000)656,900

Actual (and expected) return on plan assets(435,000)

Pension expense$527,900

(d) Dr Pension expenses $527,900

Cr Pension asset/liability and Cash $527,000

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3 years ago

Which of the following represents a disadvantage resulting from the efficiencies that food processors need to implement in order

bulgar [2K]

Answer:

B. Automation results in fewer jobs for people.

Explanation:

The only disadvantage among the listed items is the one referring to the <u>potential loss of job for people in the food industry</u>. With the progress and evolution of food processors, more operations and processes that were once done exclusively manually can be replaced with machines. Thus, people that were in charge of this processes can lose their job.

8 0

4 years ago