Answer:
$140,000 and $195,000
Explanation:
The computations are shown below:
Accounting cost would be
= Jill salary + material and other labor costs + Insurance and mortgage payment
= $40,000 + $80,000 + $20,000
= $140,000
The economic cost would be
= Accounting cost + investment left + loss in salary + loss in rent
= $140,000 + $5,000 + $30,000 + $20,000
= $195,000
The loss in salary would be
= $70,000 - $40,000
= $30,000
The loss in rent would be
= $40,000 - $20,000
= $20,000
Answer: D. Product costs are expensed in the period the related product is sold
Explanation:
The statement that is true with regards to product cost is that product costs are expensed in the period the related product is sold.
It should be noted that the account for the cost of goods sold consist of product cost. In a situation whereby goods are not sold, the goods will be carried to the next period.
Answer: Option (D)
Explanation:
The individual has shown significant alteration in his emotional attitude, he has been going through mood swings. Therefore his immediate response is empathy , anger and sadness. This when analyzed by his care team , they would most likely attribute such changes to ischemic alteration in elements of the individual's limbic system. Since the limbic system controls the rudimentary emotions such as fear, anger and pleasure.
Answer:
Career Clusters have the knowledge and skills that learners need as they follow a pathway toward their career goals.
Answer: $480
Explanation:
Given that,
Scrap value of metal = $480
press is six years old, Original cost = $174,000
Current book value = $3,570
Since, we know that the realizable value of the printing press is only $ 480, so tattle teller should assign the same as the initial cost of the new project.
Hence, $480 will be the initial cost of press for the new project.
