<u>Solution and Explanation:</u>
The following journal entries will be passed in the books of accounts for the amoritzation and other necessary ones.
Jan 2 Patents 376950
Cash 376950
July 1 Franchise 547200
Cash 547200
Sep 1 Research and development expense 185500
Cash 185500
2
Dec 31 Amortization expense 97025
Patents 62825 = 376950 divided by 6
Franchise 34200 = (547200 divided by 8)* (6 divided by 12)
3 Patent 314125 = 376950 minus 62825
Franchise 513000 = 547200 minus 34200
The answer is "1600".
<span>
we can calculate this by multiplying the effective capacity by the percent.
</span>here effective capacity = 2000
<span>percent efficient in her use of this land = 80% = 80/100 = 0.8
Now multiply 2000 with 0.8
=2000 x 0.8
= 1600
</span>
Answer:
Fixed Component of the selling, general adn adminsitrative cost 147,000
Explanation:
We calculate the fixed cost using the high low method.
![\left[\begin{array}{ccc}High&7000&294700\\Low&6000&273600\\Difference&1000&21100\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7DHigh%267000%26294700%5C%5CLow%266000%26273600%5C%5CDifference%261000%2621100%5C%5C%5Cend%7Barray%7D%5Cright%5D)
We subtract high from low the difference is that 1,000 units generates 21,100 dollars of cost
variable cost per unit then will be:
21,100 / 1,000 = 21.1
we now calculate fixed cost:
Total cost = variable x Q + fixed cost
When Q = 6,000 total cost: 294700
294,700 = 21.1 (6,000) + Fixed Cost
Fixed Cost = 147,000
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
A
Explanation:
Economic risk is the risk that macroeconomic conditions would affect the value of investment .
Examples of economic risks are Recession and inflation
