Answer:
$450,000
Explanation:
Calculation for the amount that would be expensed
Using this formula
Amount to be expensed = Project cost before the project was abandoned + Amount spent on another project
Let plug in the formula
Amount to be expensed =$150,000+$300,000
Amount to be expensed =$450,000
Therefore the amount that would be expensed will be $450,000
Answer:
The insurance expense for the period is $ 510
Explanation:
The insurance premium paid in advance for 2 years period is $ 4,080 and debited to prepaid insurance
The monthly insurance expense for insurance would be $ 4,080/ 24 months
$ 4,080 / 24 = $ 170 per month
The period of benefit for the insurance is from October to December so it is 3 months.
the insurance expense for the period is $ 170 per month * 3 months = $ 510
Answer:
Fixed costs, sales price, and variable cost per unit
Explanation:
Cost-volume-profit (CVP) analysis is a cost accounting technique that examines how operating profit is affected by varying levels of costs and volume. Another name for CVP is break-even analysis because for different sales volumes and cost structures, it provides the break-even point (BEP) for different sales volumes and cost structures. BEP can assist managers during the short-term economic decision making.
Some of the assumptions of CVP are that fixed costs, sales price, and variable cost per unit will not change even when the volume of a product changes. The change in the volume of a product can either be an increase or a decrease.
Therefore, according to the assumptions of CVP, fixed costs, sales price, and variable cost per unit will not change as the volume of a product increases or decreases.
I wish you the best.
answer: you need to know where your at
False is correct answer.
Because the federal funds rate target is not the most frequently used their monetary policy tool.
Hope it helped you.
-Charlie