Answer:
Donna made a realized gain of 8,000 dollars
the basis for the building now will be of 152,000 dollars
Explanation:
<u><em>realized gain:</em></u>
insurance proceeds less replacement cost:
160,000 - 152,000 = 8,000
<em><u>the basis</u></em> (value of the new office building for tax purposes) will be the 152,000 which is the cost of the office building
Answer:
See below
Explanation:
From the above,
One bucket requires;
200 grams of plastic and one half of direct labor
The plastic costs $10 per 200 grams and the employees are paid $15 per hour.
Therefore, one bucket costs (material and labor) :
= $10 + $15 × (1/2)hour = $17.5 per plus 1.10 × $7.50 = $25.75
For 1,080 buckets
$25.75 × 1,080 = $27,810
Therefore, the total amount of budgeted direct material for March is $27,810
Answer:
1. Asset allocation
Explanation:
By allocating assets the investment advisor has found a way to balance risk and reward for its investors by considering their risk tolerance, goals and objectives towards the investments and the investment time frame with which the investors are to recieve their Return on Investment (ROI) or also called Profit.
Answer:
the estimated total cost for the coming year is $12,227.60
Explanation:
The computation of the estimated total cost is shown below:
y
= Constant coefficient + independent variable coefficient × number of horses
= $5,240.20 + $22.54 × 310 horses
= $5,240.20 + $6,987.40
= $12,227.60
This is the answer but not the same is to be given in the options
hence, the estimated total cost for the coming year is $12,227.60
Answer: $220,000
Explanation:
Using the Accrual Method of Accounting means that revenue is only to be recorded when it is earned i.e. when services have been delivered.
Any revenue received when the services have not been delivered will be recorded as Unearned Revenue.
With $528,000 in subscription revenue, the monthly subscription is;
= 528,000/12
= $44,000
From June to December would be 7 months so they would have earned;
= 44,000 * 7
= $308,000
The amount that they have not earned but have received would therefore be;
= 528,000 - 308,000
= $220,000
<em>This amount will be recorded after they finish deliveries of magazines in next year May. </em>
