Well that is up to you.I I where to make a product I would make it benefit everyone and be completely safe for children and adults.Of course you would have to decide if it would be a good product or toy or tech or even school or office supplies maybe you want to make something that benefits Carpenters. It’s up to you. Feel Free To Mark Me Brainliest
Answer:
$200
Explanation:
total profit = total revenue - total cost
average cost = $5
average revenue = $15
total revenue = average revenue x quantity = $15 x 20 = $300
total cost = average cost x quantity = $5 x 20 = $100
total profit = $300 - $100 = $200
Answer:
Journal entries will be as follows;
Explanation:
1.The machine purchased is an asset so machinery a/c will be debited.
The cash used to purchase the machine is an outflow so it's credited on the cash a/c
2. Electricity wiring on the machine is part of the acquisition cost, hence we debit machinery account and the cash paid for that is credited on cash a/c
3. Cost of securing it in place is also an operating cost hence you debit machinery a/c and credit the cash used to pay for it in the cash a/c
<u>Journal entries</u>
1. Machinery account Dr 192,000
Cash account Cr 192,000
2.Machinery account Dr 8,000
Cash account Cr 8,000
3.Machinery account Dr 1,600
Cash account Cr 1,600
school or expirence and the knowledge to do it and th ejob right
