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STALIN [3.7K]
3 years ago
13

Compared to World War II, World War I was (more/less/equally) devastating to the agriculture community. Choose the correct answe

r.
Business
2 answers:
Aleksandr [31]3 years ago
7 0
Less because they had bombs that blew up plants and trees
igomit [66]3 years ago
4 0

Answer:

More

Explanation:

This resulted in depleting the soil of important nutrients. As countries began to recover after the war, the demand for food declined, leaving farmers with depleted soil, surplus goods, and low food prices.

During war, an invaded country can suffer great losses from destruction of farmland and loss of lives. When war devastates the farming community, people run the risk of starvation.

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dar Grove Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales o
Neporo4naja [7]

Answer:

.................................................................................................

Particulars                              Unit cost       Amount

Sales income                         $ 47            $ 376,000      

Less: Variable cost                $ 24           $ 192,000

---------------------------------------------------------------------------

Contribution Margin             $ 13           $ 184,000

Less: Fixed cost                                        $ 124,000

---------------------------------------------------------------------------

Net income                                                $ 60,000

...................................................................................................

Explanation:

Given:

Unit selling price = $ 47

Variable cost = $ 24

Total monthly fixed cost = $ 124,000

Number of units sold = 8,000

CVP income statement for Cedar Grove Industries for the month of May is as:

.................................................................................................

Particulars                              Unit cost       Amount

Sales income                         $ 47            $ 376,000      

Less: Variable cost                $ 24           $ 192,000

---------------------------------------------------------------------------

Contribution Margin             $ 13           $ 184,000

Less: Fixed cost                                        $ 124,000

---------------------------------------------------------------------------

Net income                                               $ 60,000

...................................................................................................

here, the amount is for the total unit i.e 8000 units multiplied by the unit cost

8 0
3 years ago
During January 2017 General Fund supplies ordered in the previous fiscal year and encumbered at an estimated amount of $2,000 we
Norma-Jean [14]

Answer:

The correct answer is:

Expenditures—2017 in the amount of $200. (C.)

Explanation:

This scenario describes a record that was less than the actual amount spent on the General Fund supplies. The amount recorded was $2,000, meanwhile the actual amount spent was $2,000. This entails that an amount worth $200 was not recorded, hence it will be debited as expenditures, but the question now is where the debit will be recorded?

This review was done in January 2017, meaning that the income statement for the 2016 Fiscal year must have been balanced, hence the amount will be an expenditure recorded in 2017, but the particulars will have a description that it was a carried over expenditure from 2016. Therefore $200 will be debited from 2017 as expenditures.

5 0
3 years ago
Travis has a 2,400 square foot home. He is self employeed and uses one room of his home exclusively for his business. The area o
Montano1993 [528]

Answer:

$500;$810

Explanation:

Based on the information given we were told that he painted his office and replaced the door at a cost of the amount of $500 which means that Travis has the amount of $500 in deductible direct expenses

Calculation for deductible indirect expenses.

First step is to calculate the utilities

Utilities= $3,000 x (240/2,400)

Utilities= $3,000 x 10%

Utilities= $300

Second step is to calculate the property taxes

Property taxes= $1,500 x 10%

Property taxes= $150

Third step is to calculate the mortgage interest

Mortgage interest= $3,600 x 10%

Mortgage interest= $360

Now let calculate the deductible indirect expenses.

Deductible indirect expenses=$300+$150+$360

Deductible indirect expenses=$810

Therefore Travis has $500 in deductible direct expenses and $810 in deductible indirect expenses.

4 0
3 years ago
On January 15, the end of the first pay period of the year, North Company’s employees earned $26,000 of sales salaries. Withhold
Contact [7]

Answer: Please see the  explanation column

Explanation:

Journal entry to record North Company’s salaries expense and related liabilities.

Date            Particulars                        Debit                 Credit

Jan, 15 Sales salaries expense      $26,000

     To  FICA Social Security taxes

payable at 6.2%                                                                $1,612

     To FICA Medicare taxes

payable at 1.45%                                                                 $377

  To federal income taxes payable                                 $2,000

To employee medical insurance payable                           $429

To  employee union dues payable                                      $180

 Sales Salaries Payable                                                      $21.402

Working :

FICA Social Security taxes = 6.2% x $26,000 = $1,612

FICA Medicare taxes = 1.45% x 26,000 = $377

Salary payable =Sales salaries expense -(FICA Social Security taxes payable + FICA Medicare taxes payable + federal income taxes payable+medical insurance payable  +employee union dues payable  ) = 26,000 - (1612+377+2000+429+180)=$21,402.

6 0
3 years ago
Hair Zone manufactures a brand of hair styling gel. It is considering adding a modified version of the product-a foam that provi
polet [3.4K]

Answer:

Should Hair Zone add the new product to its line? Why or why not?

  • Yes they should, since it would increase their total net income by $210,000.

Explanation:

                                       Current hair gel         New foam product

Unit selling price                  $2.00                          $2.25

Unit variable costs               $0.85                           $1.25

expected sales for new foam product 1,000,000 units, but 600,000 units would replace sales from current hair gel

expected sales for current hair gel if new foam is introduced 900,000 units (1,500,000 if no new product is introduced)

                                         Alternative 1        Alternative 2        Differential

                                         no new foam       new foam             income

total sales revenue          $3,000,000        $4,050,000         $1,050,000

total variable costs          ($1,275,000)        ($2,015,000)        ($740,000)

additional fixed costs                      $0           ($100,000)        ($100,000)

total                                   $1,725,000         $1,935,000           $210,000

5 0
3 years ago
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