We can record a capital expenditure using the debit asset
Answer & Explanation:
If there is no other place for it. The case must be put back together and returned to the back room to be stored. There are times where it is acceptable to return a partial case to the back. An example is if a customer asks for an item out of the box.
Answer:
The answer is: Continue to make — $60,000 advantage.
Explanation:
We have to compare the current total costs with the total costs of buying the parts from a supplier.
Current costs
- total variable manufacturing $240,000
- Supervisor's salary $60,000
- Depreciation $20,000
- <u>Allocated fixed overhead $140,000</u>
- Total current cost: $460,000
Costs of buying the parts
- total purchase price $360,000
- Allocated fixed overhead $140,000
- <u>Depreciation $20,000</u>
- total costs for buying the parts $520,000
Since buying the parts from a supplier is $60,000 more expensive than continue manufacturing ($520,000 - $460,000), Andrews Co. should continue as it is.
The principal components of a master budget include D. All of the above.
<h3>What is a budget?</h3>
A budget simply means an estimate of the income and expenditure for a particular period.
In this case, the principal components of a master budget include production budget, capital expenditures budget, and sales budget. Therefore, it's all of the above.
Learn more about budget on:
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Answer: $7,000
Explanation:
The book value of the pump is the same as the value stated by the accountants.
The accountants are skilled in the field and most probably used accounting assessment techniques which were based on certain assumptions by accounting bodies so their valuation of the pump is to be considered the book value.
