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True [87]
3 years ago
6

Suppose a family-owned yogurt shop has $80,000 in total revenues, $36,000 in rent, and $20,000 in additional operating costs. Th

e husband and wife work in the shop and pay no wages to themselves or others. The economic profits from the shop are:A. less than $24,000B. $24,000C. more than $24,000D. $80,000
Business
1 answer:
zzz [600]3 years ago
6 0

Answer:

A. Less than $24,000.

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The Heidelberg Company began the period with a balance of $13,000 in its Work in Process (WIP) account. During the period the
mixas84 [53]

The cost of goods manufactured is $34,000

What is cost of goods manufactured?

The cost of goods manufactured is the cost of the units of finished goods manufactured during the period under review.

The cost of goods manufactured is determined as opening work-in-process plus labor direct costs, direct materials cost, applied manufacturing overhead and thereafter we deduct the ending work in process, note that the estimated overhead is applicable  since the materials are computed using the purchase cost

cost of goods manufactured=$13,000+$16,000+$10,000+$17,000-$22,000

cost of goods manufactured=$34,000

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6 0
1 year ago
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zaharov [31]

Answer:

$0

Explanation:

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In other word, there would be $0 total cost recovery as there is no Depreciation Expense given and in the same year the computer is given to Thomas son so no Depreciation Is allowed in this case.

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2 years ago
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The answer is false because it would be a 4 wheel vehicle 
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3 years ago
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URGENT!
djyliett [7]

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