Answer:
Explanation:
Assuming the depreciation is based on 20 years on straight line basis, the yearly depreciation will be calculated using the formula:
Cost-Residual Value
Annual Depreciation = _________________
Number of useful years
$400,000 - $0
Annual Depreciation = _____________
20 years
Annual Depreciation = $20,000
It is assumed that the residual value is nil ($0).
Since the warehouse was sold in May, it`s only a five month depreciation that will be deducted in the current year.
So current year depreciation = $20,000 X 5
__________
12
Current year depreciation = $8,333.
Answer:
a corporation make money from stocks at the IPO. Initial Public Offering.
Explanation:
A corporation only makes money out of a stick when it is Issued for the first time. This operation is called IPO and it’s the primary market for a stock in the exchange market.
After the stock is sold to an investor the stock goes into the secondary market, In the secondary market the people that make a profit out of the sale of a stock are the stockholders but not the corporation.
Answer:
The optimal order quantity is 6
Explanation:
Please see attachment
Answer:
With personal selling, the salespeople go out into the market and explain the benefits of a product in person. This is what businesses prefer because they have to make large scale purchase decisions and so would like to develop a personal relationship with the supplier that will enable them to have all the information they need.
There is also a need for customization in the business market because business might want the goods supplied to be adjusted in a certain way to enable them process and sell it.
This is different from the consumer market where purchases are not as large scale and there is little need to customize goods. Advertising to the general public is therefore better because the goods would be standard and there would be no need for personal relationships as in the business market.
Answer:
A. $55,125 favorable
Explanation:
The direct materials quantity variance is given by the difference between actual quantity used in production and the standard quantity valued at the standard cost.
Actual quantity used in production = 9,900 pounds
Standard quantity for actual units produced = 16,200 pounds
Standard cost per pound =$8.75.
The direct materials quantity variance is:
Since the company used a lesser quantity than the expected (standard) quantity, the balance is favorable.
Therefore, the answer is A. $55,125 favorable.
