Answer:
Explanation:
The expenses that Ryan can deduct for the business trips he had is calculated by summing up the expenses he had with regards to gasoline and the depreciation.
Cost of gasoline = (3,760 miles)($1,590/18,800 miles) = $318
Cost of depreciation = $4,800
Adding the costs will give us an answer of $5118.
Answer: $5,118
Answer:
70,200 units
Explanation:
Calculation to determine the budgeted materials purchases for April
Using this formula
Budgeted material needed for april=April budgeted production calls +
+ (Ending inventory*Ending inventory percentage)- Beginning inventory
Let plug in the formula
Budgeted material needed for april= 71,000 + (67,000*20%) -14,200
Budgeted material needed for april= 71,000 + 13,400-14,200
Budgeted material needed for april= 70,200 units
Therefore the budgeted materials purchases for April is 70,200 units
Output and input levels always tend to an equilibrium point it the long run, meaning they are inelastic in the long run.
Elasticity refers to how much supply and/or demand changes with changes in pricing. The more elastic, the more change there is.
In the short-term, output and and supply can change dramatically, but in the long run things tend back to the middle (equilibrium).
Answer:
Clooney Corp.
Petty Cash Journal Entry
<em>Sr. No Particulars Debit Credit</em>
1 Petty Cash $200
Cash $200
Establishing Petty Cash
2. (Employee Name;s ) Entertainment Expenses $25 Dr
Petty Cash $ 25 Cr
Recording employee petty cash expenditures
Credit Card Expenditures Entries
1. Postage, $44; Dr
Delivery, $69; Dr
Supplies expense, $34 Dr
Credit Card Payable 147 Cr
Credit Card Payable is a liability and appears in the balance sheet . It has to be paid in the future.
2. Credit Card Payable 147 Dr.
Cash 147 Cr
When the liability is paid this entry is made.
Answer:
of course. the interviewee should ask non-aggressive and not-so-demanding questions from the interviewer from time to time to keep the conversation more open and interesting.
Not only it will make the chat more interesting, it will be act as a clear sign that the interviewee is a confident and engaging participant!
Explanation:
