Answer:
Hello the options in regards to your question is missing attached below is the complete question
Answer : Private enterprise's investments are in assets that are meant to increase production, which are going to earn revenues and pay for themselves. Thus, private enterprise's spending is unambiguously going towards investments. It is very difficult to determine when the federal government's spending is an investment. ( B )
Explanation:
The federal government's investments are not discussed in relation to a capital budget and recorded as an asset because It is very difficult to determine when the federal government's spending is an investment, because Federal Government is not actually designed to operate as a business entity
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
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Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
Budgeted direct labor= $53,120
Explanation:
Giving the following information:
The company budgeted for 8,300 units
Direct labor= $6.40 per unit
To calculate the direct labor budget, we need to use the following formula:
Budgeted direct labor= total number of units*unitary cost
Budgeted direct labor= 8,300*6.4
Budgeted direct labor= $53,120
Answer:
correct option is e
first blank contains labor, second blank contain capital and land
Explanation:
The production feature describes the relationship among production inputs and outputs. Assume at least one fixed output-input variable in the short-run output function. Therefore, labor is the variable source in the short-run production model, and remaining of the factor inputs are fixed inputs.
In the statement provided, a restaurant's manufacturing role is a process involves labor (including waiters, cooks, a manager), capital (including table, chairs, counters, and building) and property. If the restaurant owner wants to maximize brief-run production, then he has to use labor as a flexible source, and capital and land as set inputs.
therefore, first blank contains labor, second blank contain capital and land
Answer:
Kingbird, Inc
Balance Sheet (Partial) as on December 31, 2020
Fixed Assets
Building $1,150,000
Accumulated Depreciation <u>($646,000)</u>
Net book value of Building $504,000
Goodwill $450,000
Coal mine $495,000
Accumulated Depletion <u>($109,000)</u>
Net Value of Coal mine <u>$386,000</u>
Total Fixed Assets <u>$1,340,000</u>
Explanation:
Fixed assets are all those asset which will be kept by the company more than one year. It is not converted to cash / Sold before one year time. If Company has the intention to sale the asset within one year then it will be classified as current asset.
All the assets are classified as the fixed assets. The depreciation and Depletion are contra asset accounts, these are adjusted against the relevant Assets and Net book value of that assets is reported on the balance sheet.