Answer:
The answer is given below;
Explanation:
Sales $1,208,000
Less:Cost of goods sold ($731,100)
Gross Profit $476,900
Less:Selling and Admin Expenses ($336,800)
Net Profit $140,100
Add:Unrealized holding gain $24,300
Comprehensive Income $164,400
Answer:
D. increase marginal revenue
Explanation:
If marginal revenue is less than marginal cost then they are producing too much product and need to decrease production until marginal cost and marginal revenue are equal.
C because I did a test that had that question
Is this for science ?A product is what’s left after a chemical reaction ,reactants transform a product during a chemical reaction
Answer:
Depreciation under half-year convention is= 309.25
Explanation:
(Important Note: The information provided in the question are incomplete. In order to calculate depreciation expense using the half year convention we must have useful life of the new office desk and residual value, if any! Therefore we base the solution of this question by using some assumptions.)
Assuming that the useful life of the new office desk is 4 years and has no salvage value, the depreciation would be as follows:
Depreciation expense = $2474÷ 4
Depreciation expense = $618.5
<em>But this is yearly expense and under the half-year convention it's assumed that the new office desk is being used for one-half or it's first year therefore the half year depreciation expense will be calculated and the remaining half of depreciation will be expensed out in the final year of depreciation. </em>
So depreciation under half-year convention is= 618.5× 6÷ 12
depreciation under half-year convention is= 309.25
