The entry to record this event would include a LOSS OF $40,000.
The equipment original cost = $420,000
Accumulated depreciation = $200,000
Selling price = $180,000
Loss = 180,000 - [420,000 - 200,000]
= 180,000 - 220 = - 40,000
Thus, a loss of $40,000 was experienced in the sale of the equipment.
Answer: 42056 pounds
Explanation:
The budgeted raw material purchases for May will be:
Budgeted unit sale = 8700
Add: desired ending inventory = 10% × 12600 = 1260
Total needs = 8700 + 1260 = 9960
Less: Beginning inventory = 10% × 8700 = (870)
Production in May = 9960 - 870 = 9090
Pounds for material = 4
Material for production = 9090 × 4 = 36360
Add: Desired ending inventory of raw material = 20240
Total needs = 36360 + 20240 = 56600
Less: Beginning ending inventory of raw material = (14544)
Raw material purchase = 42056
The trend this business is following is necessities, since those are things we need.
Answer:
The correct answer is D
Explanation:
Horns error is the term which defined as the error, where the opinion of one is color with the opinion of the others. This kind of error involves or comprise the negative ratings. This will be called as the horns error.
In this case, an employee computed the manager low on all the performance due to the dissatisfaction with the disposition of the manager. So, the employee committed to a horns error.
Answer:
The options for the question is:
A. pre-sale net
B. syndicate group net
C. designated net
D. member takedown
Explanation:
The answer is D. member takedown
The priority accorded to the order by the manager will be treated as member takedown orders, and if there is sufficient interest in the issue, the order would not be filled because of the other orders with higher priority being filled first.
When an order is placed with the syndicate by a member for an "accumulation account" that is being managed by that member, it is strange in that the bonds are not being sold to the general public.
The syndicate member must disclose to the manager when the order is placed; the manager will then disclose any of these orders that have been filled to the other syndicate members when the account is closed; and the manager will fill these orders last- meaning they get priority after pre-sales, group, and designated orders.
