Answer:
the standard amount of materials allowed for the actual output is 23,310 ounces
Explanation:
The computation of the standard amount of materials allowed for the actual output is shown below:
= Actual output × direct material
= 3,700 units × 6.3 ounces
= 23,310 ounces
hence, the standard amount of materials allowed for the actual output is 23,310 ounces
The same is relevant
Answer:
D. A credit to Other Financing Sources for $5,000.
Explanation:
As the equipment is used for governmental service and sold, the journal entry to record the disposal is as follows:
Debit Cash $15,000
Debit Accumulated Depreciation $30,000
Credit Equipment $40,000
Credit Gain on sale of equipment $5,000
Calculation: Book value of equipment = Cost price - Accumulated depreciation = $40,000 - $30,000 = $10,000
Therefore, Gain on sale of equipment = Disposal value - Book value = $15,000 - $10,000 = $5,000.
Therefore, option A is correct. Option B is also correct. Option C is also correct. Therefore, option D is not correct and it is the answer as it will not include in the journal.
<span>If she starts work now she will earn $40,000 in two years. Borrowing 5000 dollars in year one times a flat 5% interest rate equals a total of 5250 which she would have to repay. Not caclualting for taxes, but based on her gross income, that would leave her with 42, 250 dollars and she would end up ahead by the end of two years. So yes at 4 percent it would also make sense. At 6 percent her payback amount would be 5300 dolloars and she would still end up ahead. But in real life there are taxes and compound interest.</span>
Answer:
jvةنىعي تىهاخو٦ى ةلهةق ظىنلر تىلاىلا يعنب ان هناك الكثير
Answer:
150000
Explanation:
The question says that Harry received a fair market value = 450000 dollars
Meanwhile he transferred 650000 dollars of assets
Fair value of assets = 650000 - 200000 = 450000
Harry's adjusted basis = 350000
Therefore the share received will be:
350,000 - 200,000
= 150,000 dollars.
Harry's basis in the stock received from the corporation is $150,000.
Thank you!
