The amount that Carlos can deduct for rent in the year 2021, based on his annual rent is <u>c.$1,000.</u>
<h3>Rent in 2021</h3>
When recording rent, you can only record it for the period that the financial statement is for.
The rent given is for 18 months from December 2021 which means that it will be for only a single month in December.
The rent will therefore be a rental amount for a month:
= Rental amount / Number of months
= $18,000 / 18
= $1,000
In conclusion, option C is correct.
Find out more on prepaid rent at brainly.com/question/1079277.
It is based on level of consumer depending upon the consumer behavior.
<h3>Consumer behavior </h3>
There are different stages consumer pass through to reach a buying decision making. Consumer decision making process represents a problem-solving approach and involves the following five stages – need recognition, information search, evaluation of alternatives, purchase decision and post-purchase behavior .
Extensive problem-solving. Consumers have not yet established a criteria for evaluating the product.
Limited problem-solving. Consumers have established a basic criteria for product evaluation.
Routinised-response behavior. Consumers have some experience with the product category.
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Descriptions about simple interest and yearly compounded interest are true are :
- Only compound interest has an exponent in its formula.
- Simple interest is only earned on the original principal investment.
- Compound interest is earned on principal and interest.
<h3>What is
simple interest and compound interest?</h3>
Simple interest is the one that the calculation is based on principal, or of a loan.
Compound interest is base on principal amount as well as the accumulated interest of previous periods.
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Answer:
Direct material quantity variance
= (Standard quantity - Actual quantity) x standard price
= (5.7 x 23500 - 129,000) x $12
= $59,400(F)
The correct answer is B
Explanation:
Direct material quantity variance is the difference between standard quantity and actual quantity used multiplied by standard price. Standard quantity is obtained by the product of standard quantity per unit and actual production.
Answer:
The answer is $327 loss
Explanation:
Gain (loss) = Carrying Value-buy back value
= 102673-103000
(loss) = 327
So the answer is <u>$327 loss</u>
