Answer:
1.$25
2. Deluxe $13,000
Basic $5,500
Explanation:
1. Calculation to determine the company's cost of technical support per customer service call.
Using this formula
Cost of technical support per customer service call = Expected cost / Expected customer service call
Let plug in the formula
Cost of technical support per customer service call = $150,000 / 10,000
Cost of technical support per customer service call = $25 per customer service call
Therefore the company's cost of technical support per customer service call is $25 per customer service call
2. Calculation to Assign technical support costs to each model using activity based costing
Model Activity Rate (a) Cost driver quantity incurred (b) Allocated Cost (a*b)
Deluxe $25 *520calls = $13,000
Basic $25* 220 calls = $5,500
Therefore the technical support costs assign to each model using activity based costing (ABC) is:
Deluxe $13,000
Basic $5,500
$2712000 are the creditors’ claims on their assets.
The given assets = $4393000, common stock = $1077000, retained earnings = $604000, creditor's = ?
libilities = assets
creditors + common stock + retained earnings = assets
creditors + $1077000 + $604000 = $4393000
creditors + $1681000 = $4393000
creditors = $4393000 - $1681000
creditors = $2712000
Hence, creditors' claim on their assets is $2712000.
Still, a car is an assets if it's cheaper than what you paid for it because it's readily available on the market and can be turned into cash. That alone, by definition, makes it an asset. It's these additional costs and constant depreciation that make a car worthless.
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Answer: b) lower in long-run equilibrium than in short-run equilibrium.
Explanation:
A self regulating economy will try to move to the long run Equilibrium.
From the graph attached you will notice that the Price Level at the point where the Long Run Curve intersects with the Aggregate Demand curve is lower than the point where the Short Run Supply curve intersects with the same Aggregate Supply.
This means that Prices in the long term at equilibrium will be less than prices in the short term at Equilibrium should the Economy be a self regulating type that will move towards a long term Equilibrium.
Answer:
Explanation:
Date Account title and Explanation Debit Credit
1st july-14 Notes receivable $1,393,591
Discount on notes receivable ($1,393,591 - S600,100 - $317,900) $475,591
Land $600,100
Gain on disposal of land ` ($918,000 - $600,100) $317,900 ` (To record sale of land)
1-Jul-14
Notes receivable $404,300
Service revenue $404,300
` (to record service revenue)
Answer:
a. The quality of rental housing units falls
c. The quantity of available rental housing units falls.
Explanation:
As the landlord cannot receive a desired return for their investment they will stop improving and doing proper maintenance of the property to obtain it.
They will also be less likely to rent and would prefer to sale and move away from the real-state investment business in the region to more profitable region or better business. This will make the ernt go up as there is less offer as well so the policy backfires.
Stoping the market to work property will cause market failures and the outcome won't be the desired
