Explanation:
A: Together their flat is $500, however if they were to live separately it'd be $350 per month. 350x2= 700. They save $200 by sharing a flat. However, if Karl plays John $175 a month to keep the dirty dishes away, then 200>175. Therefore, they should live together.
Karl could just live alone and pay the $350 to live alone with no dish problem. Since Karl will play $175 to rid the dish problem the highest rent he'll pay is 350-175=175. John would pay 500-175=325<350 this shows it better for John to live with Karl.
B: If living alone, John would pay £ 350. The highest monthly rent he would be willing to pay for the shared apartment is: £ 350- £ 30 = £ 320. This means that Karl would need to pay at least: £ 500- £ 320 = £ 180. But the highest monthly rent Karl would be willing to pay is : £ 175. They should live separately.
hope this helps you out a bit, I know its a lot. But its math, what do we expect. lol
Answer:
short-term investment 10,000 debit
cash 10,000 credit
note receivables 5,000 debit
cash 5,000 credit
equipment 18,000 debit
cash 5,000 credit
note payable 13,000 credit
cash 11,000 debit
common stock 1,000 credit
additional CS 10,000 credit
cash 9,000 debit
note payable 9,000 credit
Patents 3,000 credit
cash 3,000 debit
Building 24,000 debit
cash 8,000 credit
note payable 16,000 credit
cash 1,000 debit
equipment 1,000 credit
Explanation:
To record the entries we need to alwasy make debit = credit
we must use account names to represent each concept which are quite easy you don't have to overthink ou write what it is telling you it happen
Whe nthe company use cash use cash account
when it purchase equipment use equiptment
Answer:
are making a large purchase.
Explanation:
A mortgage is a long term debt. It takes at least five years to repay a mortgage. In practice, mortgages are issues for between 10 and 30 years.
Mortgages are ideal for purchases requiring a colossal amount of money. For example, the purchase of homes, land, plants, and equipment. The repayment of the amount borrowed to facilitate such purchases is spread over many years. This enables the borrower to repay the loan in affordable monthly installments.
Answer: First-Mover Advantage
Explanation:
The FIRST MOVER is a SERVICE, PRODUCT or COMPANY that gains a COMPETITIVE ADVANTAGE by getting to a market first.
Advantages of this include being able to establish Strong Brand and Customer Loyalty before competitors come into the market and the opportunity of extra time to perfect marketing and production strategies to fully capitalise on market share.
First movers are usually followed by competitors immediately but more often than not, the first mover has established such a strong market share and a solid enough customer base that it maintains the majority of the market.
Answer:
$4,248 under applied
Explanation:
For computing the ending overhead amount we need to do following calculations which are shown below:
Predetermined overhead rate is
= Total estimated manufacturing overhead ÷ estimated direct labor-hours
= $516,368 ÷ 21,880 hours
= $23.6 per hour
Now
Actual overhead applied is
= $23.6 × 21,700 hours
= $512,120
Therefore,
Overhead under applied is
= Manufacturing overhead - Actual overhead applied
= $516,368 - $512,120
= $4,248 under applied
