Answer: $744,000
Explanation:
The amount that should be reported in the balance sheet for the patent, net of accumulated amortization, at December 31, 2020 will be:
First, we have to calculate the amortization recorded up to 2019. This will be:
= (1,240,000 / 10) x 2
= 248,000
The we calculate the amortization to be recognized in 2020. This will be:
= (1,240,000 – 248,000) / 4
= 248,000
The amount that should be reported in the balance sheet for the patent, net of accumulated amortization, at December 31, 2020 will be:
= 1240000 - 248000 - 248000
= $744,000
More moderate. Now there are more organizations that focus on a far left or far right audience and their coverage is more polarized/biased toward their opinion that in the past.
Not knowing there market or customer's needs.
Answer:
$35.63
Explanation:
The formula for predetermined overhead ate is
= Predetermined fixed overhead rate ÷ Predetermined variable overhead rate
Where;
Predetermined fixed overhead rate = (Fixed overhead cost ÷ Estimated direct labor)
= $1,006,164 ÷ 34,200
= $29.42
But the predetermined variable overhead is $6.21 per machine hour
Therefore, the predetermined overhead rate is
= $29.42 + $6.21
= $35.63
A free<span> market economy is one in which the government </span>does<span> not set or control prices, supply, or demand. A </span>laissez-faire<span> economy is one in which transactions between different companies or people are not subject to tariffs, government subsidies, and enforced monopolies.
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