The depreciation expense will be credited for $750 in the consolidating entries while preparing the 20X8 consolidated income statement,
<h3>What is the
depreciation expense?</h3>
This refers to the cost of an asset that has been depreciated for a single period such as in that year.
Depreciation expense = Cost - Salvage value / Useful life
Depreciation expense = $36,000 - $33,000 / (2 years (semi-annual charges)
Depreciation expense = $3,000 / 4
Depreciation expense = $750
Therefore, the depreciation expense will be credited for $750 in the consolidating entries while preparing the 20X8 consolidated income statement,
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Answer:
If Solemon wants to earn a targeted profit of $3,600, the number of units must be sold are 9,300 units.
Explanation:
In Solemon Company:
Contribution margin per unit = Sales price – Variable cost per unit = $8-$6=$2
The number of units must be sold to meet the target profit figure are calculated by using following formula:
The number of units must be sold = (Total fixed cost + Targeted profit) / Contribution margin per unit.
In there: Total fixed cost are $15,000
Targeted profit are $3,600
The number of units must be sold = ($15,000 + $3,600)/$2 = $18,600/$2 = 9,300 units.
Bachlor's degree is the most common level of education Video Game Designers earn
bachelor's degree
<u>Explanation:</u>
The minimum degree required to become a video game designer is a high school diploma but the common level of the education people prefer is a bachlor's degree in the designing field.
Expertise computer science, programming, gaming, designing is necessary to become a professional. Many students choose to learn the technology on their own but the most students prefer doing a Bachlor's degree in their specific field. Therefore, the correct answer is Bachlor's degree.
Answer:
a. shifts rightward by $100 billion
Explanation:
Step 1. Given information.
MPC = 0.7
Step 2. Formulas needed to solve the exercise.
Impact in the aggregate demand = 1 / (1-mpc) * total increase expenditures.
Step 3. Calculation.
Impact in the aggregate demand = 1 / (1-0.7) * 30 million = 100 billion
Step 4. Solution.
What actually occurs is that if government increases its expenditures, this means that the output levels in the economy will increase.
Thus, aggregate demand curve will shift right the overall increase by 100 billions.