Answer:
$206,667
Explanation:
Calculation for What total amount of amortization expense should have been recorded on the intangible asset by December 31, 2020
Using this formula
Total Amortization expense=Cost/useful life*Number of months
Let plug in the formula
Total Amortization expense=$1,162,500/180*32
Total Amortization expense=$206,667
Note that 15 years*12months will give us 180 months which is the useful life while May 1, 2018 - December 31, 2020) will give us 32 months
Therefore the total amount of amortization expense should have been recorded on the intangible asset by December 31, 2020 will be $206,667
Answer:
Laura should focus on purchasing Index Mutual Funds and Exchanged-Traded Funds.
Explanation:
Laura should, amongst many investments’ options, focus on two particular types of investments: the first one is called index mutual funds, which have a much lower fee than mutual funds, giving the investor an investment with lower cost while having a fund that works in many ways equal to mutual funds. The second one should be exchange-traded funds, particularly because those funds are based on commissions, making it possible to charge lower fees than mutual funds.
Answer:
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Factory Payroll 21030
Cash 21030
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Goods in process 16200
Factory Overhead 4830
Factory Payroll 21030
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Explanation: The payment of the total labor factory costs must be recorded, we debit the "Factory payroll" cost account and credit the "cash" account as they were paid in cash.
Then we must allocate these costs to the production process, therefore we debit the "goods in process" account for the amount of <u>direct labor</u> consumed, and "factory overhead" for the amount of <u>indirect labor </u>consumed, and finally credit the account " Factory payroll " for the total.
<span>The FAFSA form is used in order to apply for Federal Student Aid. This is due to the fact that the form assesses the financial situation of the student and their family, and is able to provide funding for the student to pursue their higher level education.</span>
Answer:
Answer:B Place the decimal point after 2
Explanation:
All you have to do is multiply 3.12 times 4
