White-collar<span> work is performed in an office, cubicle, or other administrative setting. </span>blue-collar workers<span>, whose job requires manual labors </span>
Answer:
c. $215,000
Explanation:
The computation of the amount charged to income is shown below:
But before that first we have to determine the book value as on Jan 2024 which is
Total patent cost
= $200,000 + $50,000
= $250,000
Amortized cost till year 2024 is
= ($250,000 ÷ 10 years) × 3 years
= $75,000
The three years is counted from 2021 to 2024
Now
Book value on Jan 2024 is
= $250,000 - $75,000
= $175,000
So,
Amount charged to income is
= $175,000 + $40,000
= $215,000
Answer with Explanation:
Following are some types of account investments that are better for emergency funds and the return on these investment varies depending upon the risk born by the investors:
- Current Account Investments
- Commodity Investments
- Mutual Funds
If the inflation rate is below the return paid on the current account then it could be a better investment option as the money doesn't loose its value over time.
If the inflation rate is higher than the return paid on the current account then it is better to invest in commodities like gold, petroleum products, etc, that are often termed as speculative investments.
If the investor is risk seeking person, then it is better to invest in mutual funds as the return on such investments is higher because of the higher risk that the investor bears.
If you wanted to add up the total economic assets owned by a person or family minus all debts, you would be measuring wealth. Wealth is the total value of all valuable assets owned by an individual, community, business, or country. Wealth is calculated by deducting all debts from the total market value of all physical and intangible assets owned.
Wealth is the total value of all valuable assets owned by an individual, community, business, or country. Wealth is calculated by deducting all debts from the total market value of all physical and intangible assets owned. Wealth is essentially the accumulation of scarce resources.
To learn more about Wealth, click here.
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Answer:
$53,700
Explanation:
Direct manufacturing cost = (Direct material per unit + Direct labor per unit) * Units produced
=($5.20 + $3.75) * 6,000 units
=$8.95 * 6,000
=$53,700
The total amount of direct manufacturing cost incurred is closest to $53,700