Answer:
The cost of depletion in the current year is $90,000
Explanation:
Santa Fe's current year cost of depletion=cost of rights*Turquoise extracted in the current year/total estimated turquoise to be extracted
cost of rights is $300,000
turquoise extracted in the current year is 1,500 pounds
total estimated turquoise to be extracted over a five-year period is 5000 pounds
cost of depletion in the current year=$300,000*1500/5000
=$ 90,000.00
By extension profit for the year assuming no other costs were incurred is :
$200,000-$90,000=$110,000
Answer: $38,410,000
Explanation:
When recording investments in fixed assets, it is best to use the market value at the time.
The market value of the land will therefore be the relevant cost here.
Initial investment in fixed assets = Market value of land + Cost to build plant + Cost of grading
= 7,700,000 + 29,300,000 + 1,410,000
= $38,410,000
Answer:
First-Line
Explanation:
According to my research on roles and responsibilities within a business, I can say that based on the information provided within the question Donna is a First-Line manager. This is the management role right above non-managerial floor employees. First-Line managers are responsible supervising the employees, fixing work hour schedules, and solving customer problems that the employees cannot handle.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
b) The $355,000 manufacturing cost of the tables already incurred.
Explanation:
The Business has already incurred this expense in making the coffee tables, this can not be done. Therefore, it does not make sense to consider this when considering whether to complete the
Tables, or sell them as they now are
All other points contribute either directly or indirectly to the decision that the company is about to take in this regard.
So, the correct answer is b
