A monopoly is a market for a good or service that wants to take over another company.
Answer: $412,292
Explanation:
First compute Overhead Absorption Rate = Budgeted Overhead divided by Budgeted Activity Level
In this question the activity level is Direct Labour Hours (DLH) which is the basis for allocating overhead.
budgeted factory overhead for the year at $453,120, and budgeted direct labor hours for the year are 384,000.
$453,120 divided by 384,000 DLH =$1.18
Overheard to be allocated for May is OAR * Actual Activity level
$1.18*349400= $412,292
This is the amount to be allocated to may
Answer:
Acc dep - manufacturing facility 205,000 debit
Cash 205,000 credit
--to record cost heating system--
Wing 780,000 debit
Cash 780,000 credit
--to reocrd addition of a new wing--
maintenance expense 15,500 debit
cash 15,500 credit
--to record maintenance expense for the period
Assembly line 42,000 debit
Cash 42,000 credit
--to record new assembly line--
Explanation:
1.- the improvements will decrease the accumulated depreciation
2.- The wing will be considered a new asset and depreciate separately
3.- the maintenance cost is cost of the period as it do not upgrade or change the productivity is a cost to maintain the current level.
4.- the assembly line will be reocgnize as an asset as increase the productive capaictive of the plant
Answer:
a)$367,500 b)$91,875 c)Nova will report a loss of $25* and Oscar's gain will be $91850.
Explanation:
a
)
Land will be recorded for section 704(b) book capital purposes = Fair market value = $367,500
Padgett also record the land at $367,500
b)Padgett's tax basis will will bwe same as that of Nova, i.e., $91,875
c)If Padgett sells the land several years later the built in basis of $91,875 will be taxed to Nova only.
so the gain of (551,200-367,500) 183700 divided in two equal parts of 91850 each.
but Nova will report a loss of $25* and Oscar's gain will be $91850.
* The built in tax inherent in contributed property will eventually be taxed to the contributor.
Answer:
The answer is "Option E".
Explanation:
Please find the complete question in the attached file.
Varied portfolios and mixes of diversified assets get a different relationship, eliminating uncontrolled danger and only risk premium. Its total risk is a combination of non - systematic and systematic risks. Therefore, the diversification principle reduces some portion of the risk profile, and that is why distributing an investment across a range of varied assets reduces some of the risk profile.
