Answer:
Producers and consumers :)
Explanation:
Market economies are run by buyers and sellers, there is no government involved.
Under the basic dwelling form, when is damage caused by vandalism included as covered peril when a premium for extended coverage is mentioned in the declaration.
<h3>
What is dwelling policy ?</h3>
A dwelling policy is a substitute to a homeowners insurance. Dwelling insurance can cover more than just fire only. It is the part of homeowners insurance policy that helps pay for the rebuilding, repair of physical structure of one's home if the damage is by covered hazard. But Dwelling policy isn't for all, so it can be beneficial for: Vacation homes, Vacant homes, Rental properties, Older homes, and Seasonal homes.
The damage caused by vandalism is covered under the basic DP-1 form when a Premium for Extended Coverage is mentioned in the Declarations. perils such as Vandalism, Hail or Windstorm, Explosion, Riots, Smoke, Vehicles, and Volcanic Eruption can be included.
Therefore Under the basic dwelling form, Damage caused by vandalism included as covered peril when a premium for extended coverage is mentioned in the declaration.
Learn more about Dwelling policy here:
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Answer:
Total manufacturing cost will be $291500
Explanation:
We have given work in progress inventory on December 31 of current year is $44000
It is given that work in progress inventory is increased by 60% during the year
So in beginning work in progress inventory
$
We have given cost of goods manufactured = $275000
Cost of goods manufactured = work in progress inventory + total manufacturing costs incurred - Ending work in progress inventory
So 275000 = 27500 + total manufacturing costs incurred - 44000
Total manufacturing costs incurred = 275000 - 27500 +44000 = $291500
Answer:
$54,000
Explanation:
The computation of the segment margin for the West Division is shown below:
First we have to find the contribution margin which is as follows
= Number of units sold × (Selling price per unit - variable cost per unit)
= 36,000 × ($6 - $3)
= 36,000 × $3
= $108,000
Now the segment margin is
= Contribution margin - direct fixed cost
= $108,000 - $54,000
= $54,000
Answer:
Oak Co.
The amount that Oak should report as bonds payable, net of discount is:
$400,000.
Explanation:
a) Data and Calculations:
Cash from the issue of 400 bonds = 400 * $1,000 * 97/100 = $388,000
Interest rate = 8% semiannually on April 1 and October 1
Bonds payable = $400,000 ($1,000 * 400)
Date of bonds = October 1, 2003
Accrued interest from October 1, 2003 to January 1, 2004 = $8,000
b) The bonds payable is the face value of the bonds. It is the amount that will be due for repayment to bondholders on the maturity of the bonds in 10 years' time, precisely on October 1, 2013.