The ____ is the person or group with the expertise or knowledge the expert is trying to capture.

On January 2, 2020, Concord Corporation began construction of a new citrus processing plant. The automated plant was finished an

kkurt [141]

Answer:

$120,820

Explanation:

The calculation of interest capitalized for 2020 is shown below:-

Date Expenditure Weight Average

02-Jan-20 $607,000 12 ÷ 12 $607,000

01-Sep-20 $1,803,600 4 ÷ 12 $601,200

31-Dec-20 $1,803,600 0 ÷ 12 $-

Accumulated

Expenditures $4,214,200 $1,208,200

Interest Capitalized for 2020 = Total Average × Percentage of construction loan

= $1,208,200 × 10%

= $120,820

So, for computing the interest capitalized for 2020 we simply multiply the total average with percentage of construction loan.

8 0

3 years ago

Consider two cigarette companies, PM Inc. and Brown Inc. If neither company advertises, the two companies split the market and e

Tanya [424]

Answer:

Explanation:

If these two companies were to behave as individual profit maximizers, both company will advertise regardless of whether the other company advertises or not because their goal primary goal is to increase the profit and domination of the market.

7 0

3 years ago

Crystal Charm Company makes handcrafted silver charms that attach to jewelry such as a necklace or bracelet. Each charm is adorn

Arturiano [62]

Answer and Explanation:

The computation is shown below:

1.

Direct Material Price Variance = Actual material cost - Actual Quantity × Standard Price

For Silver

= $13848 - 577 × 23

= $577 (U)

For Crystal

= $2926 - 7700 × 0.40

= $154 (F)

Direct Material Quantity Variance = (Actual Quantity - Standard Quantity) × Standard Price

For Silver

= (577 - 1530 × 0.40) × 23

= $805 (F)

For Crystal

= (7700 - 1530 × 5) × 0.40

= $20 (U)

2.

Direct Labor Rate Variance = Actual Cost - Actual Hours × Standard Rate

= $36915 - 3210 × 12

= $1605 (F)

And,

Direct Labor efficiency Variance = (Actual hours - Standard hours) × Standard Rate

= (3210 - 1530 × 2) × 12

= $1800 (U)

6 0

2 years ago

Home Realty, Incorporated, has been operating for three years and is owned by three investors. J. Doe owns 60 percent of the tot

nordsb [41]

Answer:

Net Income for the year is $23,175

Explanation:

The Company's income Statement is prepared below. In relation to the following please note that:

Total Revenue is considered Section A while Total Expense is Section B and the Net Income is the difference of the same (A - B).

<u>Income Statement on December 31st:</u>

HOME REALTY, CORPORATION

Income statement

For period ended December 31st

Revenue $

Sales Revenue 166,000

Other Revenue -

Total Revenue (A) 166,000

Expenses: $

Salaries and Wages Expense 97,000

Interest Expense 6,300

Advertising Expenses 9,025

Income Tax Expense 18,500

Dividends 12,000

Total Expenses (B) 142,825

Net Income (A-B) $23,175

4 0

2 years ago

Which statement accurately describes the effect of the federal government rapidly reducing government expenditures?

olganol [36]

The statement which accurately describes the effect of the federal government rapidly reducing government expenditures is D.Unemployment rates will increase because federal spending makes up a large part of the economy. Since the goverment keeps up money for particular economic expenses, it means that the salaries will be decreased and the level of firing people wold decrease. Therefore, companies will not be able to offer a escent salary to their new empoyees which means that unemployment rate will grow.

4 0

2 years ago