Answer:
(1) NO As this maintenaince will be done in order to keep the current value It is an expenditure to avoid decay of the plant assets
(2) Yes it should be capitalizeds as increase the useful life of the assets (thus the depreciation will change as well as the useful years remaining increases
(3) Yes it should be. As increase the utility it will have a higher future positive cashflow in the future.
Explanation:
We are asked under which circumnstances the amont spend in the maintenance or overhaul should increase the plant asset account or be considered expense of the period.
A contract between businesses in two different countries falls under private international law, while disputes between two countries over trade subsidies falls under public international law.
- The body of laws, norms, and standards generally accepted as obligatory between nations is known as international law, sometimes known as public international law, the law of nations, and international ethics.
- Both civil (also known as Roman) and common law systems can be regarded as the most prevalent in the globe.
- Civil law is the most prevalent in terms of both population and landmass, whereas common law is used by the most people out of all civil law systems.
<h3>What is a country's legal system ?</h3>
The method for making, interpreting, and upholding the laws in a given territory is the legal system of a nation.
Learn more about country's legal system brainly.com/question/20113804
#SPJ4
Answer:
Total cost assigned to Job XY5:
Direct material cost 4,000
Direct labour cost (50 hrs x $15 x 50 units) 37,500
Overhead applied (50 hrs x $4 x 50 units) 10,000
Total cost of the job 51,500
Overhead absorption rate
= <u>Budgeted overhead</u>
Budgeted direct labour hours
=<u> $80,000</u>
20,000 hrs
= $4 per direct labour hour
Explanation:
The total cost of the job is the aggregate of direct material cost, direct labour cost and overhead. Overhead is absorbed based on direct labour hours. We need to calculate overhead absorption rate by dividing the budgeted overhead by budgeted direct labour hours. The overhead absorption rate is used to multiply the direct labour hours of the job in order to obtain the overhead applied to the job.
Answer:
The correct answer is (A)
Explanation:
Glumland's planned investment was $100billion before they started the business. During the period, the investment increased from $100billion to $140 billion. So, the difference between planned and actual investment is;
$140 b - $ 100b = $40 b
The difference is $40 billion, which is also the unplanned inventory because unplanned inventory is the difference between planned and actual cost or investment.
