Answer:
Cost principle.
Explanation:
Cost or historical cost principle.
The assets, liabilities and equity must enter the accounting at their original purchase cost rather than current market value. This bulding, which is an asset was purchase for 500,000. Therefore, his cost is 500,000. It will be recorded at 500,000.
And will not increase for changes in the market value. Only at the moment of selling or disposal of the assets the accounting will recognzie a gain or loss.
Answer: The total manufacturing cost variance is made up of direct material cost variance, direct labor cost variance and factory overhead cost variance. (Option C).
Explanation:
Some of the goals of manufacturing companies are to increase company’s revenue and profit. To achieve this, a company needs to know how to manage its costs and these may cause variances in manufacturing.
The total manufacturing cost variance is made up of direct material cost variance, direct labor cost variance and factory overhead cost variance. These costs are the differences between the actual cost incurred and the set cost. These variances help managers to know if the company is meeting up to the required standard.
Answer:
$120,000
Explanation:
Given:
Shares owned by Fritz = of number of the shares of the other three shareholders i.e of all the shares
Shares owned by Luis = of number of the shares of the other three shareholders i.e of all the shares
Shares owned by Alfred = of number of the shares of the other three shareholders i.e of all the shares
Therefore,
Shares owned by them together =
= of all shares,
This means that Werner owns = 1 − of all shares,
= of all shares
i.e
= × $3,600,000
= $120,000
The option that can financial aid eligibility if money is withdrawn from it is C. A 529 plan.
<h3>What is a financial aid?</h3>
It should be noted that a financial aid simply means an aid that's given to people especially students to cater for their fees.
In this case, the option that can financial aid eligibility if money is withdrawn from it is a 529 plan. It enables one to save money.
Learn more about financial aid on:
brainly.com/question/835751
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Answer:
The objective of present Value is to present a set of cash flows based on their estimated fair value; to help decision makers in assessing the viability or otherwise of an option of investments.
Values don't stay the same year on year, various influences act to most times make the same $ amount lessened by tomorrows valuation; some factors like inflation, obsolescence, opportunity cost of not investing in other activities (cost of capital)....all these play a role in determining time value of money.
Present value attempts to harmonize all these influences and present a fair value of our $ dollar estimate of future values based on the impact of these factors.