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Daniel [21]
3 years ago
13

A company rents a building with a total of 100,000 square feet, which are evenly divided between two floors. The space on the fi

rst floor is considered twice as valuable as that on the second floor. The total monthly rent for the building is $30,000.
How much of the monthly rental expense should be allocated to a department that occupies 10,000 square feet on the first floor?

A. $6,000.
B. $5,000.
C. $3,000.
D. $4,000.
E. $2,000.
Business
1 answer:
wel3 years ago
3 0

Answer:

The correct answer is A.

Explanation:

Giving the following information:

A company rents a building with a total of 100,000 square feet, which are evenly divided between two floors. The space on the first floor is considered twice as valuable as that on the second floor. The total monthly rent for the building is $30,000.

How much of the monthly rental expense should be allocated to a department that occupies 10,000 square feet on the first floor?

Depreciation= (10,000/100,000)*30,000*2= 6,000

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4 years ago
If a family spends its entire budget in a given time frame, the family can afford either 90 cans of vegetables or 60 frozen pizz
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It is critical for body cells to maintain fluid and electrolyte balance. The body achieves this balance by?
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4 0
2 years ago
Morgan, Inc. uses a perpetual inventory system and the net method of recording purchases. On May 12, a merchandise purchase of $
klasskru [66]

Answer:

e. Merchandise Inventory Debit 19,982

           Accounts Payable Credit                  19,982

Explanation:

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Since Morgan Inc. also uses the net method to record purchases, any discounts allowed are considered to have been received.

In this question, the terms are 3/10, n/30 which means that a 3 % discount is allowed on payment within 10 days and if not then the payment has to be done within 30 days.

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3 years ago
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2) It will become a problem for companies that relies on outside financing to fund their operations. Decrease in stock value will make their creditors wary in letting them borrow more money.
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