Answer:
The differential revenue for this decision is $95000
Explanation:
Differential Revenue: In differential revenue it shows a difference between two projects revenues. Irrespective of whatever information is given in the question.
It is computed to check that how much increment or decrements is done as compare to previous year, or between projects.
So,
Differential revenue = Alternative B Projected Revenue - Alternative A Projected Revenue
= $310,000 - $215,000
= $95,000
Hence, the differential revenue for this decision is $95000
It is false that Friedrich hayek advocated for the concepts of laissez-faire economic thought and free.
<h3>What is Hayek theory?</h3>
Hayek theory is on interest rate and how it is an important determinant in economy especially investors.
Savers and investors are very much interested in interest rate as the higher rate the better for them through time. Laissez-faire believes in allowing things to unfold itself without interfering.
Therefore, It is false that Friedrich hayek advocated for the concepts of laissez-faire economic thought and free.
Learn more Hayek theory below
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Answer:
$210,400
Explanation:
Particulars Amount
Cost of Goods Manufactured $380,900
Add: Closing WIP $46,000
Less: Opening WIP -$35,000
Less: Factory Overhead Applied -$125,600
Less: Direct Labor -$62,700
Add: Closing stock of Direct material <u>$6,800 </u>
Direct Material Available for use <u>$210,400</u>
Answer:
Dr. Account Payable $5,700
Cr. Discount Income $114
Cr. Cash $5,586
Explanation:
Term 2/10, net/30 means there is a discount of 2% is available on payment of due amount within discount period of 10 days after purchase and net credit period of 30 days.
According to given data
Purchases = $5,700
As the payment is made within discount period, so discount will be availed
Discount = $5,700 x 2% = $114
Amount to be paid = $5,700 - $114 = $5,586
Answer:
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