Answer: the answer is c. bachelors degrees and d. juris doctor degree
Explanation: These are the perfect degrees to be capable of becoming a lawyer. It makes perfectly good since to have these degrees ready and setting before you go into law firm.. I hope my answer helps you
Answer:
The depreciation expense for year 2 is $13,469
Explanation:
Computing the depreciation expense for year 1 is:
Depreciation expense = Asset cost / Number of useful life
= $110,000 / 7
= $15,714.28
Computing the depreciation expense for year 2 is as:
Asset cost for year 2 = Asset cost - Depreciation expense for year 1
$110,000 - $15,714.28
= $94,285.72
So, depreciation expense would be:
Depreciation expense = Asset cost for year 2 / Number of useful life
= $94,285.72 / 7
= $13,469
Answer: Option C
Explanation: In simple words, financial markets refers to the market of stock, bonds and equities like securities in which the participant trade for the low transaction cost and easy availability of sellers and purchasers. Stock market is an example of financial markets.
The flow of funds from surplus to deficit is done by other financial institutions such as banks.
Hence the correct option is C.
Answer:
since the special order does not affect current normal sales, its analysis should only consider incremental expenses, not regular expenses:
A) Income statement without the special order
total revenue = $68 x 80,100 = $5,446,800
- COGS = ($2,446,880)
- Direct materials $897,120
- Direct labor $608,760
- Overhead $941,000
gross profit = $2,999,920
- SG&A = ($1,022,000)
- Selling exp. $559,000
- Administrative exp. $463,000
net income = $1,977,920
B) incremental revenue from special order = 14,900 x $63 = $938,700
incremental costs:
- direct materials = ($897,120 / 80,100 units) x 17,900 = $200,480
- direct labor = ($608,760 / 80,100 units) x 17,900 = $136,040
- overhead = ($658,700 / 80,100 units) x 17,900 = $147,200
- selling expenses = [($335,400 / 80,100 units) x 17,900] + ($2.70 x 17,900) = $74,952 + $48,330 = $123,282
- administrative expenses = $940
- total incremental costs = $607,942
incremental gain from special order = $938,700 - $607,942 = $330,758
Income statement with the special order
total revenue = $6,385,500
- COGS = ($2,930,600)
- Direct materials $1,097,600
- Direct labor $744,800
- Overhead $1,088,200
gross profit = $3,454,900
- SG&A = ($1,146,222)
- Selling exp. $682,282
- Administrative exp. $463,940
net income = $2,308,678
Answer:
A
Explanation:
Productivity = total boxes produced / total hours
Before increased demanded = 500 / (10 x 2) = 25 boxes / hour was produced
after increased demanded = 600 / (8 x 3) = 25 boxes / hour
the number of boxes produced before and after the increase in the number of shifts remains the same. Thus, there is no change in productivity