Answer:
B. $132,000.
Solution : Segment margin is calculated by deducting all expenses that are directly traceable to the segment. it doesn't include corporate common expenses.
So, Contribution = 50000 x(10-6) = $ 200000
Less : Direct fixed cost ($ 68000)
Segment Margin $ 132000
Quality management is the act of overseeing all activities and tasks that must be accomplished to maintain a desired level of excellence. This includes the determination of a quality policy, creating and implementing quality planning and assurance, and quality control and quality improvement.
Answer: Name of business
Name of financial statement
Date.
Explanation:
The balance sheet refers to the financial statement which shows the assets, the liabilities, and the equity of the owner on a particular date.
The three parts of a balance sheet heading are the name of business, the name of the financial statement and the date.
Answer:
B. $1,667
Explanation:
The computation of the depreciation expense under the straight-line method is shown below:
= (Purchase cost of a delivery van - salvage value) ÷ (estimated useful life)
= ($28,000 - $3,000) ÷ (5 years)
= ($25,000) ÷ (5 years)
= $5,000
This is a full ear depreciation
Since the delivery van is purchased on September 1 and the company recognize on December 31. So there is a difference of four months. So four months depreciation would be
= $5,000 × 4 months ÷ 12 months
= $1,667