Answer:
$79,800
Explanation:
Depreciation expense using the activity method = (actual hours of use in a given period / total estimated hours of use ) × ( Cost of asset - Salvage value)
(1500/10,000) × ($560,000 - $28,000) = $79,800
I hope my answer helps you.
Answer:
$3,900
Explanation:
The computation of the inventory purchase is shown below:
As we know that
Sales - gross profit = Cost of goods sold
$8,200 - $5,300 = Cost of goods sold
So, the cost of goods sold is $2,900
Now the cost of goods sold is
Cost of goods sold = Opening stock + purchase made - ending stock
$2,900 = $1,100 + purchase made - $2,100
$2,900 = -$1,000 + purchase made
So, the purchase made is
= $2,900 + $1,000
= $3,900
An economy that is neither growing nor shrinking is usually said to be in a period of stagnation.
Answer:Could you add the options?
Explanation:
1. The missing amounts should be determined in the following manner:
On Company A. Materials inventory December 1 Materials inventory December 31-+Materi also purchased -Cost of direct materials
Off Company Total manufacturing costs incurred in December -Direct labor Cost of direct materials used in production -Factory
2. On Company's statement of goods manufactured should be prepared as follows:
On Company Statement of Goods Manufactured For the Month of December 2016 Materials inventory December 1 Add: Purchases Total
3. On Company's income statement should be prepared as follows:
On Company Income Statement For the Month of December 2016 Sales 1,127,000 827.400 299,600 Less: Operating expenses 117,600.
Learn more about income statements at
brainly.com/question/24498019
#SPJ4