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koban [17]
3 years ago
9

Lucy told jim her house is for sale for $252,000. jim told lucy he is very interested but wanted his wife to see it first. that

evening, jim's wife drives by the home. she calls jim and says she loves the house but there is a sold sign on the front lawn. jim calls lucy and says, "i accept." what are the issues relevant to the problem?
Business
1 answer:
Katen [24]3 years ago
3 0
The house is already sold to another person therefore it cannot be sold to another.
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Which of the following statements about depreciation is correct?
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Answer:

The correct answer is letter "C": To calculate the cash produced by the business, it is necessary to add the depreciation charge back to accounting profits.

Explanation:

Depreciation indicates how much value was used up for an asset. It also tries to match an asset's cost to the profit this helps the business collect. Depreciation calculations used as income tax deduction offer companies and annual allowance for the use and deterioration of tangible assets. Besides, depreciation must be added to the company's accounting profits to determine the firm's total inflow.

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Harry recently raised his employees' wages, which has increased production costs. Which factor did the salary hike affect?
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6 0
3 years ago
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The Cutting Department has 6,000 units in process at the end of September that are 100% complete for direct materials. The units
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Answer:

equivalent units of production = 6,000 units

Explanation:

given data

process at end of September = 6,000 units

direct materials = 100%

direct labor and manufacturing overhead = 70%

solution

we get here equivalent units of production for the conversion cost that is

equivalent units of production = process at end × direct materials complete .........................1

put here value and we get

equivalent units of production = 6,000 units ×  100%

equivalent units of production = 6,000 units

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