First Identity the primary activities
Then goes select an allocation
Followed by calculating an activity
And finally allocate the costs
Hope this helps
1,D u answered it 2,B 3,A 4,E 5,C
Answer:
Cost of each bottle of water is $7.
Explanation:
This is the case for economies of scale. When Charles produce 1 bottle of water, it costs him $1 per bottle, when 8 bottles are produced it costs him $7. The cost per bottle of water reduces as units increases.
Answer:
The journal entries for the given economic events are given below:
Date Account Title Debit Credit
7/1/17 Treasury Stock (113 X $88) 9,944
Cash 9,944
9/1/17 Cash (62 X $94) 5,828
Treasury Stock (60 X $88) 5,280
Paid-in Capital from
Treasury Stock 548
(Paid in capital from Treasury Stock = 5828 - 5280 = 548)
11/1/17 Cash (51 X $86) 4,386
Paid-in Capital from
Treasury Stock 102
Treasury Stock (51 X $88) 4,488
(Paid in capital from Treasury Stock = 4488 - 4386 = 548)
