Answer:
$953 per unit
Explanation:
For computing the average cost per unit first we have to determine the operating capacity at 85% after that the total cost which is shown below:
Operating capacity at 85% is
= 300 computers × 85%
= 255 computers
Now the total cost is
= Variable cost + Fixed cost
where,
Variable cost is
= $660 × 255 computers
= $168,300
And, the fixed cost is $74,700
So, the total cost is
= $168,300 + $74,700
= $243,000
Now the average cost per unit is
= $243,000 ÷ 255 computers
= $953 per unit
Answer:
B) $2,850
Explanation:
1: Find the discount: $3,000*5% = $150
2: Subtract the discount: $3,000 - $150 = $2,850
The ending balance of the retained earnings account appears both in the statement of stockholders’ equity and the balance sheet.
<h3>Where does retained earnings appear?</h3>
Retained earnings is the profit left after dividends have been paid. It is the profit that is not paid out to shareholders as dividends.
A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a point in time. The retained earnings appears in the equity section of the balance sheet.
The statement of stockholders’ equity records the owners equity and changes to the owners equity during a financial year.
The income statement records a company's income and expenses in a financial year. It is used for determining if a firm is operating at a profit or a loss.
To learn more about income statement, please check: brainly.com/question/9060570
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Answer:
MARIGOLD CORP
INTEREST TO BE CAPITALIZED IN THE YEAR 2020
January 2, 2020 $606,000 *10% = $60,600
September 1, 2020 $1,802,400*10%* 4/12 = <u> $60,080</u>
<u> 120,680</u>
Explanation:
Interest to be capitalized for the year 2020 must be interest that is incurred on amount expended on the construction from amount specifically borrowed for the construction
