Answer: $225,000
Explanation:
Given that,
Company acquired a mine = $970,000 of this amount,
Land value = $100,000 and remaining portion to the minerals in the mine
Ore appear to be in the mine = 12,000,000 units
Aristotle incurred development costs = $170,000
fair value of its obligation = $40,000
ore were extracted = 2,500,000 units
Units sold = 2,100,000
=
= $0.09 depletion per unit
The total amount of depletion for 2017 = depletion per unit × ore were extracted
= $0.09 × 2,500,000
= $225,000
Answer:
Prescriptive analytics
Explanation:
Prescriptive Analytics refers to the data analytics field that specializes on determining the best approach in a situation, based on the data accessible. It is linked towards both descriptive analytics as well as predictive analytics yet highlights valuable insights rather than data analysis.
Prescriptive analytics collects information with its systems from either a range of descriptive or predictive databases and relates it to the choice-making process. It involves mixing existing conditions with alternative actions to evaluate how well the outcome would be influenced by each.
It can also assess the effects of judgment, based on various potential future situations. The discipline draws inspiration from applied mathematics, using a number of statistical techniques to construct and re-create potential judgment trends that could have different effects on an entity.
Answer:
Market Attribute – Introduction stage - Low sales
Market Attribute – Growth stage - Opportunities increase
Market Attribute – Maturity stage - Intense competition
Market Attribute – Decline stage - Niche segment
Consumer Types – Introduction stage - Sylvie
Consumer Types – Maturity stage - Winnie
Consumer Types – Decline stage - Francine
Answer:
value of ending inventory under variable production is $104375
Explanation:
given data
Variable production costs = $12.50 per unit
variable selling and administrative expenses = $3.50 per unit
Fixed manufacturing overhead totals = $41,000
Fixed selling and administration expenses total = $45,000
production = 4,500 units
sales = 3,850 units
to find out
the dollar value of the ending inventory under variable costing would be
solution
we find here ending inventory that is express as
ending inventory = production - sale
ending inventory = 4500 - 3850
ending inventory = 8350
so
variable production cost of 8350 units are
variable production cost = 8350 × $12.50
variable production cost = $104375
so value of ending inventory under variable production is $104375
