A portion of a document that can be formatted differently and separately from the rest of the document is a _______

A city government purchased a new fire truck in Year 1 for $270,000. The city incurred an additional $ 30,000 in transportation

erica [24]

Answer:

correct option is $0

Explanation:

given data

purchased truck = $270,000

transportation and calibration costs = $30,000

life = 20 years

financed period = 15 year

solution

we know here that some expenses like insurance and depreciation etc is allocated by systematic and the rational procedure for some period

so that during that period related asset is expected to provide the benefit

and acquisition of capital asset is not record as expenses

we know appropriate property and plant or the equipment assets account are debit on purchases

so that Depreciation expenses are recorded to reflect the allocation of costs of the asset to operation over service life of assets

so here correct option is $0

6 0

2 years ago

What is the purpose of cost accounting iss?

vitfil [10]

The main purpose of cost accounting is to find out the cost of the various processes in the business so that selling prices can be fixed appropriately.

<h3>What is cost accounting?</h3>

This is an accounting method that allows companies to find out the cost of various processes and transactions they embark on.

Knowing these costs will enable the company to know the price it can charge on goods so that it can recoup these costs and make profits.

Find out more on cost accounting at brainly.com/question/24516871.

#SPJ12

3 0

1 year ago

Smythe Co. makes furniture. The following data are taken from its production plans for the year. Direct labor costs $ 5,870,000

Elenna [48]

Answer:

$2.80 per chair

$2.25 per table

Explanation:

If cost is assigned at a rate based on direct labor hours, the total disposal cost for chairs and tables is, respectively:

$D_c=\frac{254,000}{16,400+254,000}*\$630,000=\$591,789.94\\D_t=\frac{16,400}{16,400+254,000}*\$630,000=\$38,210.06\\$

The respective disposal cost per unit is:

$C = \frac{\$591,789.94}{211,000}=\$2.80/chair\\ T=\frac{\$38,210.06}{17,000}=\$2.25/ table$

5 0

3 years ago

Read 2 more answers

The 5 paragraph essay format allows for the detailed explanation of one supporting argument.

Setler79 [48]

Answer:

-True

Explanation:

The 5 paragraph essay helps detailing one supporting argument as it creates an structure as follows:

1 introductory paragraph
3 development and support paragraphs
1 conclusion paragraph

5 0

3 years ago

Read 2 more answers

. The residents of Vegopia spend all of their income on cauliflower, broccoli, and carrots. In 2010, they each buy 100 heads of

EastWind [94]

Answer:

a. For 2010 =$325 For 2011 = $445

b. 136.92%

c. 38.89%

Explanation:

a. The computation of the price of each vegetable is shown below:

For year 2010:

= Cauliflower price + broccoli price + carrots price

= $200 + $75 + $50

= $325

For year 2011:

= Cauliflower price + broccoli price + carrots price

= $225 + $120 + $100

= $445

b. The computation of CPI is shown below:

= (2011 Price ÷ 2010 Price) × 100

= ($445 ÷ $325) × 100

= 136.92%

c. The inflation rate is shown below:

= (2011 per total vegetables price - 2010 per total vegetables price) ÷ 2010 per total vegetables price

= ($5.00 - $3.60) ÷ $3.60

= 38.89%

Per vegetable price = (Price of each vegetable ÷ number of each vegetable)

For 2010:

Cauliflower = ($200 ÷ 100) = $2

Broccoli = ($75 ÷ 50) = $1.5

Carrots = ($50 ÷ 500) = $0.10

The total would be $3.60

For 2011:

Cauliflower = ($225 ÷ 75) = $3

Broccoli = ($120 ÷ 80) = $1.5

Carrots = ($100 ÷ 500) = $0.50

The total would be $5.00

7 0

3 years ago

A portion of a document that can be formatted differently and separately from the rest of the document is a ________.