Answer: See explanation
Explanation:
The amount of depreciation for the month of January using the straight line depreciation method will be:
= (Cost - Salvage Value) / Life of Assets / 12 Months
= ($64,800 - $0) / 6 Years / 12 Months
= $10800/12
= $900 per month
The adjusting entry for depreciation on January 31 will be:
Dr Depreciation Expense - Computer Equipment $900
Cr Accumulated Depreciation-Computer Equipment $900
(To record the depreciation expense)
Answer:
True
Explanation:
The correct option is - True
Reason -
When the company is considering the quantities in stock available at the end of the month in duly setting their reorder level that indicates it creates buffer stock in company's account and not following just-in-time model, whereby the quantity being ordered when there is demand for the same.
Hereby the investment cost occurred while maintaining the inventory will be higher as comparison to just-in-time inventory model as the money is blocked in the inventory and it will be recovered only when the inventory being sold.
The correct answer is Equality
The price of the product will increase and then the quantity of the output will also be more than the original one.
<u>Explanation:</u>
In a market which is purely competitive, with the increase in the demand of the particular good in the market, the price of the good will also increase because of the increase in the demand by the consumers. After making the adjustments, the quantity will therefore also increase of the output than the original one.
Answer:
221,672
Explanation:
To find the rate of increase, find differential of p(t)
p(t)= 0.15e^(0.2t)
dp/dt= 0.03e^(0.2t)
at t=10
dp/dt= 0.03e^(0.2×10)
dp/dt= 0.03e^2
dp/dt= 0.221672 million dollars
dp/dt= 221,672
