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Zinaida [17]
3 years ago
15

A group of fifty homeschooling parents in new jersey get together and form a nonprofit membership organization for the purpose o

f buying teaching materials and supplies at a discount and selling the materials and supplies to members. the parents have probably formed a:
Business
1 answer:
kirill115 [55]3 years ago
6 0
T<span>he parents have probably formed a "cooperative".
</span>
A cooperative is a private business association that is claimed and controlled by the general population who utilize its items, supplies or administrations. In spite of the fact that cooperatives shift in sort and enrollment estimate, all were shaped to meet the particular targets of individuals, and are organized to adjust to part's evolving needs.
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A photocopier cost $105,000 when new and has accumulated depreciation of $96,000. if the business discards this plant asset, the
Ahat [919]

A photocopier cost $105,000 when new and has accumulated depreciation of $96,000. if the business discards this plant asset, the result is a loss of 9,000.

During the asset's anticipated useful life, depreciation is allocated in order to charge a fair percentage of the depreciable amount in each accounting period. Amortization of assets with predetermined useful lives is included in depreciation. Depreciation enables businesses to recoup the cost of an item at the time of acquisition. Instead of collecting the full cost of an asset right away, the technique enables businesses to do so during the asset's lifecycle. This enables businesses to replace current assets with the necessary quantity of revenue in the future.

Subtract the asset's cost from its salvage value (what you anticipate it to be worth at the end of its useful life) to determine depreciation using the straight-line technique. The outcome is the amount or depreciable basis.

Depreciation = asset's cost - salvage value

Depreciation = $105,000 - $96,000

Depreciation = $9,000

To know more about Depreciation refer to:  brainly.com/question/15085226

#SPJ4

4 0
1 year ago
if Germany exports $100,000 of sauerkraut to Jamaica and purchases $100,000 of Blue Mountain Coffee from Jamaica Germany has a
sukhopar [10]
Neither a favorable nor an unfavorable balance of trade with Jamaica.


5 0
2 years ago
Washburn Company produces earbuds. During the year, manufacturing overhead costs are estimated to be $216,000. Estimated machine
Snezhnost [94]

Answer:

1. Predetermined Overhead Rate = Manufacturing overhead costs  / Machine Hours

Predetermined Overhead Rate = $216,000/2,700 hours

Predetermined Overhead Rate = $80 per machine hour

2. Allocated overheads =Predetermined Overhead Rate * Machine hours used by Job 551

Allocated overheads = $80 * 90 machine hour

Allocated overheads = $7,200

3. Date     Description                             Debit     Credit

 15/01     Work In Progress Inventory    $7,200      

                   Manufacturing overhead                   $7,200

               (To record allocation of overheads towards Job 551)

5 0
3 years ago
After purchasing a coffee cup from your local gas station for $5.00, you can always refill your cup for $0.50. The sunk cost of
Law Incorporation [45]

Answer:

$4.50

Explanation:

The sunk cost is the cost that has been incurred and is unrecoverable in the process of taking a financing decision.

If the cost of a coffee cup from a local gas station cost $5.00 and the cost of refill is $0.50, the coffee is the actual element needed and from the refill, it can be estimated that it costs $0.50.

Hence the sunk or unrecoverable cost is the difference between the coffee cup and the refill cost

= $5.00 - $0.50

= $4.50

3 0
2 years ago
Pick the correct statements regarding cell references.
seropon [69]

where are the statements?

6 0
3 years ago
Read 2 more answers
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