Answer and Explanation:
The answer is attached below
Answer:
correct option is d. rental costs of $10,000 per month plus $0.30 per machine hour of use
Explanation:
solution
The combined cost is one in which the factor is variable and constant.
Sometimes, even the total cost is difficult to separate.
The chosen option also includes a fixed cost that costs $ 5,000 per month.
The cost per hour of the machine increases 0.30 per hour.
This is variable because the entire machine depends on the number of hours used.
The other three are completely variable, such as salary, and are not deductible or cost of electricity.
Answer:
Explanation:
A. The journal entries are shown below:
On September 12
Investment A/c - Bengals Inc A/c Dr $598,220 (42,730 × $14)
To Cash A/c $598,220
(Being the acquired investment including brokerage commission is recorded)
On December 31
Unrealized gain or loss on available-for-sale securities A/c Dr $85,460
To Valuation allowance for available-for-sale securities $85,460
(Being decline in share value is recorded)
The computation is shown below:
= 42,730 shares × ($14 per share - $12 per share)
= 42,730 shares × $2 per share
= $85,460
B. The unrealized gain or loss for available-for-sale investments is shown in the Stockholder equity section on the balance sheet. It is to be shown in the negative item in the equity section.
Answer: c. $300
Explanation:
Private Saving is income less taxes and consumption so is calculated by the formula;
= Y - C - T
= Income - Consumption - Taxes
Find Consumption
Y - C - G = I
Income - Consumption - Government spending = Investment
1,000 - C - 200 = 250
C = 1,000 - 200 - 250
C = $550
Private Saving is therefore;
= 1,000 - 550 - 150
= $300
