Answer:
(a)$0
Explanation:
Since the book value is less than the generated future cash flows so there would not be any loss on impairment of the asset
The book value is computed below
= Owns value - accumulated depreciation
= $290,000 - $150,000
= $140,000
The book value is $140,000 and the generated cash flows are $165,000. So, no value would be recognized
Answer:
$10,000
Explanation:
In the given scenario a honest dispute develops between a homeowner and an electrician over whether wiring and circuit breakers installed by the electrician satisfied contractual specifications.
There are two contractual agreements. One for $10,000 for the original wiring, and the second for $8,000 for a different brand of wires.
The electrician will only be able to claim either the $10,000 or the $8,000.
When the homeowner claimed he was not satisfied with the original installation the electrician should have verified the job and and claimed damages of $10,000.
On the other hand he accepted the blame and agreed to the second contract of $8,000.
So he can either stake a damage claim on the original one alone or the second contract alone.
The maximum he can claim is $10,000
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Answer:
Enabler
Explanation:
According to my research on studies conducted by various behaviorists, I can say that based on the information provided within the question the term being described in the question is called an Enabler. This is defined as a person who encourages or enables certain specific behaviors in other people in order to help them become more efficient.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
Transfer price = $3055
Explanation:
given data
Direct materials = $890
Direct labor = 1,590
Variable overhead = 575
Fixed overhead = 385
Market price per unit = 4,395
to find out
best transfer price to avoid transfer price
solution
we know that When transfer or division is excess the capacity
then transfer price will equal to variable cost
so
Transfer price = Direct material + Direct labor + Variable overhead ..................1
put here value we get
Transfer price = 890 + 1590 + 575
Transfer price = $3055