<span>The married couple probably does not mind outsiders thinking this of them because the married couple actually knows what is happening in their relationship. While it may appear to others that there is inequity, the couple knows the truth of their relationship and therefore does not let other people's opinions affect them.</span>
Answer:
Consider the following calculations
Explanation:
Step 1. Given information.
Asset Cost Adjusted Basis
--------------------------------------------------
Skidder 230,000 40,000
Driller 120,000 60,000
Platform 620,000 0
-------------------------------------------------
Total 970,000 100,000
Step 2. Formulas needed to solve the exercise.
Allocation for each asset = value sold * (adjusted basis / total)
Gain on sale = Sales price - Adjusted basis amount
Step 3. Calculation and Step 4. Solution.
Sales price is allocated on the basis of adjusted value.
- Skidder = 300.000 * 40.000/100.000 = 120.000
- Driller = 300.000*60.000/100.000 = 180.000
- Platform = 300.000*0/100.000 = 0
Gain on sale = Sales price - Adjusted basis amount
= 300.000 - (40.000 + 60.000 + 0)
= 200.000
Answer:
Number = 1,490
Cost of goods available for sale = $75,200
Explanation:
Computing the number as:
Number = (Beginning inventory + Purchases + Purchases) - Sales
Number = (1,220 + 310 + 270) - 310
Number = 1,800 - 310
Number = 1,490
Computing the cost of goods available for sale as:
Cost of goods available for sale = Total cost of beginning inventory + Total Cost of purchase + Total Cost of purchase
Cost of goods available for sale = $17,600 + $27,900 + $29,700
Cost of goods available for sale = $75,200
Answer:
Unilateral contract
Explanation:
An unilateral contract is a contract that can only be enforced when the performing party performs the action that he agreed upon. It is only when this actions is completed, that the offering party is obliged to make a payment.
In this case, your boss has offered $75 if you clean the pool. This is an unilateral contract because your boss is only obliged to pay that money once you finished cleaning the pool. If you never clean the pool, you simply will not receive the $75.
Answer:
$201,700
Explanation:
The budget production for May is 5000 units.
The total materials required for May will be no. of units multiplied by materials needed for each unit
=5000 x 3
=15000 pounds of materials
Materials required for June
=60% of (4400x 3)
= 60/100 x 13200
=7920 pounds of material
Total materials needed for May
= 15,000+7,920
=22,920 pounds
Purchases required will be
=22,920 - 2,750
=20170
Purchases in dollar value =20170 x $10
=$201,700