Answer :
Total maintenance cost allocated to the Carpentry Department = $2,000
Explanation :
As per the data given in the question,
The computation of the total maintenance cost allocated is shown below:
Total maintenance cost allocated to the Carpentry Department is
= (Maintenance fees ÷ total square feet) × Carpentry department square feet
=($12,000 ÷ 36,000) × 6,000
= $2,000
Basically we applied the above formula
And, this is the answer but the same is not provided in the given options
Answer:
Total cash collection= $158,500
Explanation:
Giving the following information:
<u>Cash collection:</u>
40% in the month of sale
55% in the month following sale
5% in the second month following sale
<u>Sales:</u>
April $210,000
May $160,000
June $150,000
<u>Cash collection June</u>:
Sales in cash from June= 150,000*0.4= 60,000
Sales on account from May= 160,000*0.55= 88,000
Sales on account from April= 210,000*0.05= 10,500
Total cash collection= $158,500
Answer:
The US income will be $12,201 and South Korea's income will be $21,911. US income will grow by multiple of 1.2 while South Korea's GDP will grow by multiples of 2.19.
Explanation:
Initial income of both the countries is $10,000.
Growth rate of South Korea is 4%.
Growth rate of US is 1%.
In 20 years, South Korea's income will be,
=Initial income*
=$10,000*
=$10,000*2.1911
=$21,911
Similarly, we can find US income.
=Initial income*
=$10,000*
=$10,000*1.2201
=$12,201
So, South Korea's income is $21,911 while US's income is $12,201.
South Korea's income grows by the multiples of 2.1911. While, US's income grows by the multiples of 1.2201
Revenue in a business transaction is recognized <u>When </u><u>goods </u><u>or </u><u>services </u><u>are </u><u>provided </u><u>to </u><u>customers </u><u>and at the </u><u>amount expected </u><u>to be </u><u>received </u><u>from the customer. </u>
<u />
<h3>What is revenue?</h3>
- Refers to the amount paid to a company for the provision of goods and services.
- Can only be recognized when that good or service has been provided to the customer.
Until a good or service is provided to the customer who bought it, revenue should not be recognized because it has not been earned by a company.
In conclusion, option C is correct.
Find out more on revenue recognition at brainly.com/question/1380073.
Answer
The demand for land will increase. and the price of land will increase.