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3 years ago

PLEASE HELP WILL GIVE BRAINLIEST TO CORRECT ANSWER

Business

1 answer:

Serhud [2]3 years ago

8 0

C. money is often not reinvested into the country

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Suppose that in your first year of college you spend $31,300.00 more than you eam. In your second year, your expenses increase a

ryzh [129]

Answer: See explanation

Explanation:

Based on the information provided in the question, the deficit in the 3rd year of college will be: = $32,150

The total debt that one owes in the 3rf year will then be the addition of the debts from the 1st to the 3rd year and this will be:

= $31,300 + $31,900 + $32,150

= $63,232

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3 years ago

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A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera

Verdich [7]

Answer:

Total Period cost for the month= $427,400.00

Explanation:

Under variable costing,

Period costs are fixed costs

Fixed Manufacturing Overhead= $298,700.00

Fixed selling & Admin costs= $128,700.00

Total Period cost for the month= $427,400.00

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3 years ago

At what point in the job application process are soft skills particularly important

Reika [66]

A when writing a cover

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3 years ago

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The following entry was recorded in the books of Brighty Company. Mar. 31 Cost of Goods Sold 18,000 Inventory 18,000 Recorded co

VikaD [51]

Answer:

a decrease in assets and a decrease in equity.

Explanation:

With regards to the above, cost of goods sold refers to the cost of a product either to a retailer or a producer. Higher cost of goods sold means that little profit is made by a company and vice versa. It is known to be a business expense, hence expenses are usually debited thus reduces equity, while a credited inventory decreases assets because as money is taken out of the business, it's assets decreases.

It therefore means that a debited cost of goods sold decreases equity, while a credited inventory decreases asset.

4 0

3 years ago

Machinery was purchased for $460000 on January 1, 2022. Freight charges amounted to $15000 and there was a cost of $34000 for bu

guapka [62]

Answer:

The amount of accumulated depreciation at December 31, 2023 = $88,800.

Explanation:

Determining the actual acquisition cost.

The actual acquisition cost = Purchase value + freight charges + Installation costs.

The actual acquisition cost = 460,000 + 15,000 + 34,000.

The actual acquisition cost = $509,000.

Determining the depreciable cost.

The depreciable cost = acquisition cost - Salvage value.

The depreciable cost = 509,000 - 65000.

The depreciable cost = $444,000.

Determining annual depreciation expense.

Annual depreciation expense = depreciable cost / number of years.

Annual depreciation expense = 444,000 / 10.

Annual depreciation expense = 44,400.

Determining the accumulated depreciation .

The accumulated depreciation = annual depreciation expense × number of years.

The accumulated depreciation = 44,400 × 2.

The amount of accumulated depreciation at December 31, 2023 = $88,800.

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3 years ago