Answer:
$562,500
Explanation:
Depletion expenses = Land expenses
Depletion expenses = [$2,300,000 - $50,000 / 4]
Depletion expenses = $2,250,000 / 4
Depletion expenses = $562500
So, the depletion expense recorded for 2018 is $562,500
Answer:
$8,222
Explanation:
The computation of increase in net operating income is shown below:-
Contribution margin per unit = Contribution margin ÷ Sales volume units
= ($31,500 ÷ 1,000)
= $31.5
Increase in net operating income = Contribution margin - Fixed expenses
= (1,001 × $31.5) - $23,310
= $8,222
Therefore for computing the increase in net operating income we simply applied the above formula.
I think the answer is A
Hope this helps have a great night!
Answer:
The total conversion costs transferred out of the Cranning Department = $196000
Explanation:
We have been given with the equivalent units of production with direct materials and conversion. In order to find the total conversion costs transferred out of the Cranning Department, we need the conversion units which are 50,000 units along with cost per equivalent unit for conversion which is $3.92 per EUP.
The total conversion costs transferred out of the Cranning Department = 50,000 * $3.92
The total conversion costs transferred out of the Cranning Department = $196000
Answer:
I would definitely give the same advice. The income potential for a college graduate far exceeds those of a high school graduate. I would be determined to graduate from college, good get a great job and get the loans paid off.
Explanation:
With a great education and a great job it shouldn't take long to get the loans paid off
