Answer:
The journal entries are as follows:
(a) Oil and gas properties A/c Dr. $6,600,000
To cash $6,600,000
(To record purchase)
(b)
Oil and gas properties A/c($570,000 + $450,000) Dr. $1,020,000
To cash $1,020,000
(To record additional testing and preparations)
(c) Depletion expense A/c Dr. $548,640
To accumulated depletion $548,640
(To record Depletion)
Workings:
Depletion expense:
= $548,640
Answer:
The correct answer is A.
Explanation:
Giving the following information:
The West business segment had sales revenues of $1,090,000, variable expenses of $552,000.
The contribution margin is calculated deducting form sales the total variable expenses:
Contribution margin= 1,090,000 - 552,000= $538,000
Answer:
Secondary Data
Explanation:
Secondary data is defined as the data that is collected by the other people other than the end users of it.
In the case, Mark is the end users. And the data is of U.S census bureau, other governments agencies, database, however, is not collected by Mark but by marketing research firms and different reports instead.
So that, in this case, Mark is using secondary data.
Answer:
natural
Explanation:
According to my research on different business strategies, I can say that based on the information provided within the question this scenario depicts Fargo's concern for it's natural environment. This term refers to the natural resources that a company uses but may cause problems in increased pollution, as well as shortages in those materials, and regulatory intervention. Which in this scenario the resource in question is their thermal power consumption, which is why they are switching to wind power.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
Explanation:
1. Indirect Material variable cost Per Direct Labor HR 5000000/50000=100
Indirect Material (variable) 100*75000 =7500000
Rent Fixed 6000000
Hence total Maintenace Fixed =17625000-7500000-600000= 4125000
2.
Low High Change
Cost 3250000 4125000 875000
[4125000-3250000]
Activities 50000 75000 25000
variable Portion of Maitencance cost =875000/25000= 35.00
Fixed cost=4125000-75000*35=1500000
Variable cost=35
cost formula for maintenance= 1500000+35b
3.
Indirect Material (variable) 100*70000 = 7000000
Rent Fixed 6000000
Maintenance cost = 1500000+35*70000=3950000