Answer:
$20,000
Explanation:
Calculation to determine by what amount will Perry's earnings increase due to this lease
Using this formula
Selling price=Fair value-Cost
Let plug in the formula
Selling price=$125,000-$105,000
Selling price=$20,000
Therefore The amount that Perry's earnings will increase due to this lease is $20,000
Answer:
35,000 equivalent units
Explanation:
Equivalent Units E.U) are notional whole units which represent incomplete work and are used to apportion costs between between work in progress and completed work.
To compute as
Equivalent Units = Degree of completion (%) × units
Items Units Workings E.U
Completed 28,000 28,000× 100% 28,000
Closing WIP 14,000 14,000 × 50% 7,000
Total equivalent units 35000
The total equivalents for conversion cost
= 28,000 + 7,000
= 35,000
Answer:
A.Skis = 161.00
Boots = 108
Parkas = 50
B) Skis = 161
Boots = 106
Parkas = 50
Explanation:
(a)Skis = 212.00-32.00-19.00= 161.00
Boots = 145-29-8= 108
Parkas = 73.75-21.25-2.5=50
(b)Skis = 161
Boots = 106
Parkas = 50
Drafting soldiers is an implied power of the federal government.
According to Article I, Congress has the authority to make provisions for the general welfare and common defense of the United States. However, the establishment of a forced draft for enlistment in the military is an implicit power that has been exercised at various points in American history, from the Civil War until 1973.
Another well-known example of implied powers is the ability to form an army through a draft. For instance, the Constitution does not expressly permit the use of a draft prior to America's participation in World War II.
The ability to declare war, provide for and maintain a Navy, create and fund Armies, and equip, direct, and summon a militia all fall under the purview of Congress.
To learn more about Constitution refer to:
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Answer:
i. New firms will enter the market
iii. In the long run, all firms will be producing at their efficient scale
Explanation:
In the competitive market barriers to entry will be low as there is no monopoly. The firms in the market are experiencing increased profitability as a result of increased demand so the market will be attractive for new firms. This will result in new firms entering into the market. In the short run.
In the long run as more firms enter the market, the firm's will need to produce at efficient scales because of high competition, with the aim of minimising cost.
