Answer:
Location A is superior to up 40 units. From there Location B is better
Explanation:
Giving the following information:
Location A:
Fixed costs of $100,000
Variable costs of $13,000 per unit.
Location B:
Fixed costs of $300,000.
Variable costs of $8,000 per unit.
The finished items sell for $18,000 unit.
Contribution margin Location A= 18000-13000= 5,000
Contribution margin Location B= 18000 - 8000= 10,000
Income formula location A= 5000*Q - 100000
Income formula location B= 10000*Q- 300000
5000*Q - 100000= 10000*Q - 300000
200000= 5000Q
Q= 40 units
Location A is superior to up 40 units. From there Location B is better.
quizlet calaf’s drillers erects and places into service an off-shore oil platform on january 1, 2021, at a cost of $10,000,000. calaf is legally required to dismantle and remove the platform at the end of its useful life in 10 years. calaf estimates it will cost $1,000,000 to dismantle and remove the platform at the end of its useful life in 10 years. (the fair value at january 1, 2021, of the dismantle and removal costs is $450,000.) prepare the entry to record the asset retirement obligation.
Oil Platform 450,000
Asset Retirement Obligation 450,000
What is asset retirement obligation?
An asset retirement obligation is a contractual requirement for the retirement of a tangible long-lived asset, the timing of which may depend on the occurrence of a future event outside the control of the entity bearing the obligation.
Therefore,
Oil Platform 450,000
Asset Retirement Obligation 450,000
To learn more about asset retirement obligation from the given link:
brainly.com/question/14298631
<span>it is true that under the specific charge-off method, a deduction for a bad debt is taken when the debt is determined to be worthless. </span>
Answer:
$7,000 $-0-
Explanation:
For Rayburn to know what to record from the cash distribution, he will need to subtract his basis in the stock from the cash distribution he receives
Therefore $22 000 - $15 000 = $7 000.
And Newcastle has no income =$-0-
