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3 years ago

Export supply curves are ; import demand curves are _.

Business

1 answer:

VikaD [51]3 years ago

8 0

Answer:

Export supply curve = foreign supply - foreign demand

import demand curve = domestic demand - domestic supply

Explanation:

The export supply curves us referred to the difference in supply between supply by foreign producer and demand by the foreign producer.

Export supply curve = foreign supply - foreign demand

The import demand curve is referred to the difference in quantity between demand by domestic producer and supply by domestic producer

import demand curve = domestic demand - domestic supply

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Robert Parish Corporation purchased a new machine for its assembly process on January 1, 2014. The cost of this machine was $315

Lady bird [3.3K]

Answer:

(a) Straight-line depreciation.

depreciation expense per year = ($315,900 - $15,900) / 4 = $75,000

(b) Activity method for 2014 and 2015, assuming that machine usage was 15,000 hours for 2014; 11,710 hours for 2015; 12,150 hours for 2016 and 1,140 hours for 2017.

depreciation expense per unit = $300,000 / 40,000 = $7.50 per unit

depreciation expense 2014 = $7.50 x 15,000 = $112,500

depreciation expense 2015 = $7.50 x 11,710 = $87,825

depreciation expense 2014 = $300,000 x 4/10 = $120,000

depreciation expense 2015 = $300,000 x 3/10 = $90,000

(d) Double-declining-balance.

depreciation expense 2014 = $315,900 x 2 x 1/4 = $157,950

depreciation expense 2015 = $157,950 x 2 x 1/4 = $78,975

depreciation expense 2016 = $78,975 x 2 x 1/4 = $39,487.50

depreciation expense 2017 = $39,487.50 - $15,900 = $23,587.50

6 0

3 years ago

Jervis accepts all major bank credit cards, including those issued by Northern Bank (NB), which assesses a 4.5% charge on sales

lukranit [14]

Answer:

The journal entry to be recorded by Jervis on June 28 is shown below:

Explanation:

The journal entry to be recorded by Jervis on June 28 is as:

On June 28

Cash A/c......................................Dr $5,539

Credit Card expense A/c........Dr $ 261

Sales A/c............................Cr $5,800

Being record the deposit of amount on Sales by Jervis

As the amount is deposited on sale which means cash is coming into the bank, and any increase in cash is debited. So, the cash account is debited. And on the amount expense is charges, the charge is also debited. Therefore, the credit card expense is debited. And the sales is made, so, the sales account is credited.

Working Note:

Credit card expense = Sales amount × Charge

= $5,800 × 4.5%

= $261

6 0

3 years ago

The price of a stock fluctuates between $43 and $60. If the time frame referenced encompasses the primary trend, the $43 price m

Volgvan

Answer: support level

Explanation:

The support level and the resistance levels are used by analysts for the identification of price points on a chart where a pause or reversal of the prevailing trend is being favored by the probability.

The support level occurs in a scenario whereby there'll a pause of a downtrend because of the concentration of demand. Therefore, in this case, the $43 price may be considered the support level.

7 0

2 years ago

The units transferred in from the first department to the second department should be included in the computation of the equival

Mashcka [7]

Answer:

A. Yes Yes

Explanation:FIFO(FIRST IN FIRST OUT) this is a terminology used in accounting, Quality assurance/Food safety and stock management to control the receiving and usage,transfer or sale of goods,raw materials,spare parts etc. It is aimed at ensuring that products are used or sold according to the time it was received.

It is a method of determining the arithmetic mean of a set of data,or the average weight of a set of materials because some of the data or materials weigh more than the other. It is applied in materials and stock management to ensure that proper stock value is obtained when valuing the total amount of materials or stock received.

7 0

3 years ago

During the previous year, Yvo Corp. installed a production assembly line to manufacture furniture. In the current year, Yvo purc

Neporo4naja [7]

Answer:

A. $147,000

Explanation:

All cost incurrend in the installation of the assembly line, and their put to use to meet the company demand will be capitalized

the machine cost

the labor to install the machine

the parts added to the assembly line

rearrange of the assembly line

All those cost were incurred to leave the assembly line ready to use, are associate with the long-term asset so it can be capitalized through it.

75,000 + 14,000 + 40,000 + 18,000 = 147,000

4 0

3 years ago

Export supply curves are __________________; import demand curves are ___________________.

Export supply curves are ; import demand curves are _.