Answer:
Explanation:
Three types of depreciation relevant are straight line depreciation and number of units basis and double declining method
Straight line
Machine cost - 206,800
salvage value - 16000
Depreciation- 190,800
Useful life - 4 years -
Annual depreciation = 47,700.00
Year 1= 47,700.00
Year 2= 47,700.00
Year 3= 47.700.00
Year 4- 47,700.00
Total= 190,800
B)
Unit basis
Estimated unit = 477000
Actual units produced = 122700+123000+120500+120800= 487,000
Excess unit produced = 487000-477000=10000
Year 1 = 122700/477000*190800= 49,079.99
Year 2= 123000/477000*190800= 49,199.99
Year 3 = 120500/477000*206800= 48,200.00
Year 4 =120800/477000*206800=48,320,00
Total =$194,800
c)
Double decline method
rate = 1/4*2*100=50%
Year 1= 50%* 206800= 103400.00
Year 2 = 50%* 103400= 51700.00
Year 3= 50% * 51700= 25850.00
Year 4 = 50%* 25850=12925.00
total =193875.
Answer:
A. Country B has a comparative advantage producing copper.
Explanation:
Comparative advantage is the capability of a firm or country to produce a good or service at a lower opportunity cost than rivals. It implies the country uses fewer resources to produce that commodity. Comparative advantage enables a country to have a higher output while using the same inputs as its competitors.
Country B can produce 400 tons of copper, while country A ability is 300 tons. Country B uses labor and materials more efficiently in copper production; hence it has a comparative
Answer: 0 units
Explanation:
Future Planned Production Orders = Expected goods requirement - Finished goods in inventory - Schedule production
= 550 - 450 - 150
= -50 units
Include no units because the finished goods and the scheduled production make up the requirement for the period.
Answer:
A.
Debit Unearned Revenue $11,250
Credit Sales $11,250
Explanation:
B. It is an income for the company. Prepaid subscription is an expense for the company. Therefore, it is incorrect.
C. It is contradictory as the company already recorded the first quarter transaction. Therefore, Unearned revenue should be debit. So, it is also incorrect.
D. According to the revenue recognition, revenue is recognized when they are earned. Therefore, the company acquired the cash when the company received last year. So, it is incorrect.
E. Again, cash cannot be credit. Therefore, it is incorrect.
A is the correct answer. As, when the company received the payment, unearned revenue was credit. As the income is now recorded for the first quarter, $(45,000/4) = $11,250 of unearned revenue becomes earned. So, it is debit. Since it is a sale of a company, the sale becomes credit.
To better understand the needs of prospective customers, marketers use market research.
<h3>What is marketing research?</h3>
Marketing research can be defined to be the business aspect that involves a business trying to find out the needs of the target market.
The business would like to gather all the necessary information that they would need for their target customers in order to better meet their needs.
Read more on Market research here:
brainly.com/question/24906199
