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Morgarella [4.7K]
3 years ago
7

Higher education refers to education from ninth to twelfth grades. True False

Business
1 answer:
kykrilka [37]3 years ago
8 0
True ................................
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Other things being equal, a nation with democratic political institutions, is clearly more attractive as a place in which to do
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3 years ago
Grouper Company purchased a new machine on October 1, 2020, at a cost of $114,800. The company estimated that the machine will h
Colt1911 [192]

Answer:

$6,250

Explanation:

Cost of machine = $114,800

Salvage value = $14,800

Life of machine = 4 years

Depreciable cost = Cost - Salvage value

                             = $114,800 - $14,800

                             = $100,000

Date of purchase = October 1, 2020

Assets used for period in 2020 = 3 months

Annual depreciation:

= Depreciable cost ÷ life of assets

= $100,000 ÷ 4

= $25,000

Depreciation expense for 2020:

= Annual depreciation × (3 ÷ 12)

= 25,000 × (3 ÷ 12)

= $6,250

3 0
3 years ago
In Shady Company, materials are entered at the beginning of each process. Work in process inventories, with the percentage of wo
Alchen [17]

Answer:

Physical Units in January 14,900

Physical Units in May       23,220

Explanation:

The question is to compute physical units for January and May for Shady Company based on the given information

Physical Units (Also known as the units to be accounted for)

= The Opening Workin Progress + The Units Started into Production

Note that this Units should also be equal to the following

= Units Transferred Out + the Ending Work in Progress units

It is therefore computed as follows:

Description                                                       January                              May

Units to be accounted for                                  0                                       0

Opening WIP                                                  

Started into Production                                14,900                              23,220  

January (11,900 + 3,000)

May  (15,600 + 7,620)          

<u>Total Units                                                      14,900                            23,200</u>

Units accounted for

Units Transferred out                                   11,900                                15,600

Closing Work in Progress                              3,000                             7,620

<u>Total Units                                                      14,900                            23,200</u>

6 0
3 years ago
The demand for grape-flavored Hubba Bubba bubble gum is likely a. inelastic because there are many close substitutes for grape-f
PolarNik [594]

Answer:

b.

hope this helps.

or maybe not.

3 0
3 years ago
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