The cost of repairs on the automobile is $1,437 when the preventative maintenance plan is $896, and the cost of replacing the battery and the starter is $98 and $443.
<h3>What is the meaning of repairs?</h3>
Repairs costs are incurred when the asset is replaced, destroyed, or depreciated after a certain period of time. They are the expenses for the company.
Given values:
Preventative maintenance plan: $896
Replacement cost of battery: $98
Replacement cost of starter: $443
Computation of repairs cost:
Therefore, the cost of repairs amounts to $1,437 on the automobile.
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Answer:
Carter Co.'s break-even point in units was 40000 units.
Explanation:
Total units sold = 14000 + 56000
= 70000
Weight of ark = 14000/70000
= 0.20
weight of bins = 1 -0.20
= 0.80
weighted average contribution = (40 *0.20 ) + (20 *0.80 )
= 8+ 16
= $ 24 per unit
Break Even Point (Units) = Fixed cost /weighted average contribution
= 960,000 / 24
= 40000 units
Therefore, Carter Co.'s break-even point in units was 40000 units.
Answer:
$55,000
Explanation:
Given that,
Trial balance at 12/31/2021:
Peterson Savings and Loan = $ 50,000
Right Bank = (5,000)
Clinton County Trust Bank = 10,000
Therefore,
The Cash Balance will be
:
= Peterson Savings and Loan + Trust Bank - Right Bank
= $50,000 + $10,000 - $5,000
= $55,000
The Cash Balance would be $55,000.
Answer:
B. International trade enables specialization, which brings increased efficiency and greater competition.
Explanation:
Journal entries
A.
Dr Cash $6,871.50
DrCash Exceed and Short $50.75
Cr Sales Revenue ($6,871.50+ 50.85) $6,922.25
B.
Dr Cash ($6,922.25 +28.32) $6,950.57
Cr Sales Revenue $6,922.25
Cr Cash Exceed and Short $28.32
