Answer: The answer is a Common Law
Answer:
correct option is d. rental costs of $10,000 per month plus $0.30 per machine hour of use
Explanation:
solution
The combined cost is one in which the factor is variable and constant.
Sometimes, even the total cost is difficult to separate.
The chosen option also includes a fixed cost that costs $ 5,000 per month.
The cost per hour of the machine increases 0.30 per hour.
This is variable because the entire machine depends on the number of hours used.
The other three are completely variable, such as salary, and are not deductible or cost of electricity.
Answer:
The inspecting costs should be allocated to the Basic model using ABC costing is $30,600
Explanation:
The computation of the inspecting cost is shown below:
= Total number of basic model inspection + the total number of inspection
where,
Total number of basic model inspection equals to
= Number of units produced ÷ every units produced
= 3,400 units ÷ 100
= $34
And, the total number of inspection equals to
= Total inspection cost ÷ number of inspection
= $84,600 ÷ $94
= 900
The number of inspection includes
= total number of basic model inspection + the total number of luxury model inspection
= $34 + $60 (600 units ÷ 10)
Now put these values to the above formula
So, the value would equal to
= 900 × $34
= $30,600
Answer:
true
Explanation:
it has 8 basic elements, noise and feedback 2 of those elements.
Answer:
a.
1 March 2019 Purchases $87000 Dr
Notes payable $87000 Cr
b.
31 September 2019 Interest expense $5075 Dr
Interest Payable $5075 Cr
Explanation:
a.
The purchase of inventory against notes payable will increase asset-inventory and will be recorded as a debit to purchases. The credit side of the inventory will be a current liability of notes payable for the amount of purchases.
b.
The note is a 9 month note and the interest will be paid at maturity on 30 November 2019. Following the accrual principle, the note accrues interest over its 9 months period equally. So, on 31 September, the interest on note for 7 months will be accrued.
Interest for 7 months = 87000 * 0.1 * 7/12 = $5075
This will be recorded as an expense and a liability as it is unpaid.
