Answer:
$30,000
Explanation:
Lara Technologies could invest the 250,000 in exchange of a 12% return, therefore, the opportunity cost would be:
$250,000 x 12% = $30,000
$30,000 dollars in returns is what Lara Technologies would give up if it purchased the land instead of investing the money.
Answer:
B. $3,300
Explanation:
The computation of the ending inventory using the FIFO method is shown below:
Since there are 25 units in hand at the end of the year
Out of which 20 units are taken from third purchased at $130 and the rest 5 units are considered for $140
So,
= 20 units × $130 + 5 units × $140
= $2,600 + $700
= $3,300
Hence, the second option is correct
Answer:
given statement is false
Explanation:
given data
rent expense = $24,000
operating departments, A = 10,000 square feet
operating departments, B = 20,000 square feet
operating departments, C = 30,000 square feet
cost allocation rate = $0.80 per square foot
solution
rent expense will be here as
rent expense = 
rent expense = $0.40 per square foot
and
rent expense allocated to department C is = 30000 × $0.40
rent expense allocated to department C = $12000
so given statement is false
Answer:
The correct answer is A that is $40,250
Explanation:
Adjusted basis is the term which is defined as it comprise of a change to the recorded at the initial cost of the security or asset. The cost of the security or asset is the initial recorded value, which is to be paid in order to acquire that security.
The exchange stated or qualify as a exchange of like kind. As no boots was transferred, therefore, the Koch basis in the new machine is the basis of the old machine. The adjusted basis of Koch in machine 2 after the exchange will amount to $40,250.
