Answer:
Explanation:
2,100 square foot house consists of 400 pounds copper which costs $3.5 per pound:
Cost of copper in 2,300 square foot house = $3.5 * 400 (2300/2100) = $1533.33
Cost of copper 11 years from now = $1533.33 * (1+0.084)^11 = $3723.55
To minimize building costs, do you think that another less-expensive material (e.g., aluminum) will be substituted for copper in the electrical wiring in new homes?
Yes, it can be substituted for another less expensive material with a proper factor of safety. However, heat loss or power loss is in aluminum is higher (electrical conductivity of copper is greater). Also, maintenance cost of aliminum wire is higher.
Answer:
try getting a job like a restaurant or ice cream shop or try stuff like art or food and sell it:)
Answer:
The answers fro part 1 for (a) and (b)to this questions are explained in the explanation section below. (2) A journey was prepared for the entries to correct the error in 2021 (3) retrospectively
Explanation:
Solution
PART 1(A)
2019
The beginning inventory - No effect
Ending Inventory - Understated
The cost of good -Overstated
Net income - Understated
Retained earnings - Understated
No effect on any particulars in 2019 (effect of 2019)
PART 1 (B)
2020
The beginning inventory - Understated
Ending Inventory - Overstated
The cost of good -Understated
Net income - Overstated
Retained earnings - Overstated
(2) JOURNAL ENTRY
Debit ($) Credit ($)
Retained earnings Alc Debit 178,000
To inventory 178,000
(3) It is retrospectively