<span>she is the one in control of a living trust, once the other party has expired, the property would return to original owner. In the time that the property is in said 'possession' of other person, clarification would be needed as to which party would be responsible for control, ie if real estate, who pays the taxes?</span>
A medium-term goal takes 1-2 months to accomplish
Answer:
106,200 units
Explanation:
During August,
Department Z started and completed = 90,000 units
Finished units = 18,000 units
Ending inventory = 26,000 units
The number of equivalent units of production for Department Z during August:
= Started and completed units + (25% of finished units) + (45% of Ending inventory)
= 90,000 + (18,000 × 0.25) + (26,000 × 0.45)
= 90,000 + 4,500 + 11,700
= 106,200 units
Answer:
Loss on sale = $38,000
Explanation:
The computation of sale of tractor is shown below:-
Total depreciation = ($180,000 - $20,000) × (2,400 + 2,100) ÷ 10000
= $72,000
Net book value on January 1, 2021 = Tractor cost - Total depreciation
= $180,000 - $72,000
= $108,000
Loss on sale = Total depreciation - Net book value on January 1, 2021
= $70,000 - $108,000
= $38,000
Therefore for computing the sale of tractor we simply applied the above formula.
Answer:
Gordon Company
Overhead Cost = $150,000 + ($52 x Direct Labor Hours)
Budgeted overhead cost For next month = $150,000 + ($52 x 8000)
=$ 150,000+ 416,000
Budgeted overhead cost For next month= $ 566,000
Budgeted overhead cost For next quarter =$150,000 + ($52 x 23,000)
=$ 150,000+ 1196,000
Budgeted overhead cost For next quarter = $ 1346,000
Budgeted overhead cost For next year =$150,000 + ($52 x 99,000)
= =$ 150,000+ 5148,000
Budgeted overhead cost For next year= $ 5298,000
