Answer: a. $434880
b. $369,600
Explanation:
a. Compute the total amount of depletion for 2020.
Depletion Rate can be calculated as:
= (Mine cost - Value of land + Obligation + Development cost)/Ore extracted
= ($1,732,800 - $112,000 + $44,800 + $190,400)/$11,600,000
= $1856000/$11600000
= 0.16
Total amount of depletion for 2020 will now be calculated as:
= Depletion Rate × Ore extracted
= 0.16 × 2,718,000
= $434880
b. Compute the amount that is charged as an expense for 2014 for the cost of the minerals sold during 2020.
This will be calculated as the totsl depletion for 2014 divided by the value of the amount of ore that was extracted multiplied with amount of unit sold. This will be:
= (434,880/2,718,000) × 2,310,000
= 0.16 × 2,310,000
= $369,600
Charlie is a manager who, every week, has to review and approve reports, monitor the performance of subordinates, set the vision and goals for the team, set the structure for the team, and communicate with executives. However, Charlie seems to be in meetings all of the time and has little time to review and approve reports. Charlie is most likely experiencing a hard time at work
<h3>Who is a manager?</h3>
A manager is a leader who have people who directly reports to him. He is charged with the duty of supervision am ensuring that a company goal and objective is achieved.
Therefore, Charlie seems to be in meetings all of the time and has little time to review and approve reports. Charlie is most likely experiencing a hard time at work.
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If you're interested in a career's long-term growth and stability, you should investigate what the average wage is. Thus, option (C) is correct.
<h3>What is the investigation?</h3>
A detective's job is to conduct investigations. Private investigators conduct investigations. A criminal investigation is the study of facts used to track down an alleged criminal and establish his or her guilt. The division of the British Police responsible for criminal investigations is where plainclothes detectives work.
The average pay, on the other hand, is calculated by dividing the total number of salaries by the total number of salaries. For illustration, let's take a look at three employees with wages of $20,000, $30,000, and $50,000 each. Currently, the average pay is 33,333 and the median wage is 30,000.
Therefore, Thus, option (C) is correct.
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Answer:
Objective and task budgeting method
Explanation:
The objective and task method refers to a budgeting method where a business allocates a certain marketing budget in order to achieve specific objectives, instead of simply allocating a marketing budget based on percentage of sales revenues.
Doodle set its specific goals:
- increase the sales of its basic steel pins by 10%
- increase the awareness of its glow-in-the-dark pins
And then it allocated $1.5 million for marketing expenses.
Answer:
Ending inventory will be lower if Blake uses the weighted-average rather than the FIFO inventory cost flow method.
Explanation:
Ending inventory will be lower if Blake uses the weighted-average rather than the FIFO inventory cost flow method.
True as under weighted average:
(17 + 18) / 2 = 17.50
the ending inventory will be one unit valued at $17.50
while under FIFO the 17 dollar unit was sold and declare cost
while the second is keep under ending invenotry at $18.00
