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Mama L [17]
3 years ago
5

Whispering Company traded a used welding machine (cost $11,340, accumulated depreciation $3,780) for office equipment with an es

timated fair value of $6,300. Whispering also paid $3,780 cash in the transaction. Prepare the journal entry to record the exchange. (The exchange has commercial substance.) g
Business
1 answer:
Arisa [49]3 years ago
4 0

Answer:

Dr Equipment $6,300

Dr Accumulated depreciation $3,780

Dr Loss on disposal $5,040

Cr Machinery $11,340

Cr Cash $3,780

Explanation:

Whispering Company

Journal entries

Dr Equipment $6,300

Dr Accumulated depreciation $3,780

Dr Loss on disposal $5,040

Cr Machinery $11,340

Cr Cash $3,780

Loss on disposal

$6,300+$3780=$10,080

$11,340+$3,780=$15,120

$15,120-10,080=5,040

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Blanchard Company manufactures a single product that sells for $190 per unit and whose total variable costs are $150 per unit. T
iVinArrow [24]

Answer:

The amounts of pretax and after-tax income can the company expect to earn from these predicted changes are $1,795,000  and $1,436,000  respectively.

Explanation:

The sales less the variable cost gives the contribution margin.

The contribution margin less the fixed cost gives the net operating income.  Furthermore, net income is the difference between the total sales and the total costs (fixed and variable).

Both sales and variable cost are dependent on the number of units sold.

with these expected changes,

Pretax Income

= 40,500($205 - $145) - $635,000

= $1,795,000

After tax income

= 80% * $1,795,000

= $1,436,000

4 0
3 years ago
An ad for Maybelline age-minimizing makeup in Ladies' Home Journal magazine featured actress Melina Kanakaredes and offered read
mina [271]

Answer:

The correct answer is C

Explanation:

A brand named Maybelline released an ad for the product of age minimizing makeup and offering the readers the $1 off coupon, so in terms of the communication, the source is the term which is described as the person or the reader who use the service or the product.

Therefore, the source of the ad is the readers who redeem the coupon featuring off $1 on the product.

3 0
3 years ago
Vaughn Manufacturing incurred the following costs for 72000 units: Variable costs $432000 Fixed costs 392000 Vaughn has received
Zinaida [17]
$7.8
Explanation:
Variable costs = $504,000
Fixed costs = $392,000
Number of units produced = 84,000
Shipping charges = $4,500
Therefore, the variable cost per unit is calculated as follows:
= Variable costs ÷ Number of units produced
= $504,000 ÷ 84,000
= $6 per unit
Incremental fixed cost per unit (For 2,500):
= Shipping cost ÷ 2,500
= $4,500 ÷ 2,500
= $1.8 per unit
Therefore, the unit sales price will be the sum total of variable cost per unit and incremental fixed cost per unit for the shipping charges.
BEP (in sales price per unit):
= Variable cost per unit + incremental fixed cost per unit
= $6 + $1.8
= $7.8
4 0
3 years ago
Which methods can be used to run a query? Check all that apply.
Yuri [45]

Answer:

Option B and C

Explanation:

A query can be run by selecting query option visible through deign view option. After selecting the appropriate option, the query must be run. This shall execute the function for the selected option.  

Like wise in data sheet view, one can see the action query  before running it.  

Hence, option B and C are correct

5 0
3 years ago
Read 2 more answers
The graph most commonly used to compare sets of data categories is the a. Bar graph c. Pie chart b. Circle graph d. Line graph P
Mekhanik [1.2K]
Bar graphs, or otherwise known as bar charts, are commonly used in comparing data sets of different categories. In addition, the bars are constructed in such that it is directly proportional to the category it refers. Another type of chart used in comparing categorical data are pie charts. 
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4 years ago
Read 2 more answers
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