Bright futures funds three scholarships.
Answer:
Option B
Explanation:
Since the contract did not mentioned any thing about the retuning of containers that were not defective, it becomes the obligation of the buyer to pay the final delivery amount on the basis of Good-faith modification.
Hence, option B is correct
Answer:
A. effective
Explanation:
As more and more one writes better, there will be communication of right message and ideas that will be passed across to the audience. As with other disciplines, continuous practice would make one to be better in terms of writing .There should also be search for knowledge which will assist to develop writing skills.
Through continuous writing, one's writing will be more effective having come across different hurdles. The hurdles here means challenges one would encounter at the beginning but which have now become Surmountable due to continuous practise.
Answer:
The correct answer to the following question is $36,000.
Explanation:
Given information -
Units anticipated to be produced - 300,000 units
Variable cost - $150,000
Fixed cost - $600,000
Beginning inventory - 5000 units
Ending inventory - 7000 units
Income under absorption costing - $40,000
Now under the absorption costing, rate of fixed overhead cost per unit -
Fixed cost / Number of units produced
= $600,000 / 300,000
= $2
In April ( under absorption costing ), the amount of fixed manufacturing overhead cost that was still embedded in ending inventory but were not expense -
Fixed overhead rate per unit x number of units produced but not sold
= $2 x 2000 ( 7000 units - 5000 units )
= $4000
So when we calculate the operating cost under variable costing this fixed overhead cost wold be subtracted from total income -
$40,000 - $4000
= $36,000 .
Answer:
Gary's Basis in the partnership interest is $155,000
Explanation:
Particulars Amount ($)
Adjusted Basis Of Land 250000
Mortage*Share In Percentage ($200000*50%) (100000)
Additional Borrowing*Share In Percentage ($50000*50%) (25000)
#Difference*Share In Percentage ($100000-$40000)*50% 30000
Basis 155000
Difference:
Net Income 100000
Distribution Of Each Partner*2 ($20000*2) (40000)
