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2 years ago

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Panuto: Buuinangmgasalita. Punan ng tamang letra ang bawat kahonupangmabuoangtamangsalita.Isulatangsagotsaiyongsagutangpapel.

1 answer:

LUCKY_DIMON [66]2 years ago

7 0

Answer:

because simply.....

Explanation:

oonga blinga pooboodupe

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Pacific Division has the following information:

Luden [163]

Answer:

it will be a net loss of 560,000

It is better to produce at a loss of 60,000 than a loss of 620,000

That's because, the Division cover a good portion of their allocate fixed cost.

Explanation:

The fixed expense are allocate cost. Are unavoidable cost It will remain even if the division is dropped.

The sales and variable cost will be zero.

$\left[\begin{array}{cccc}&Continued&Discontinued&Differential\\Sales&1,200,000&0&-1,200,000\\Variable&-640,000&0&640,000\\Allocate cost&-620,000&-620,000&0\\Result&-60,000&-620,000&-560,000\\\end{array}\right]$

After posting the values, we calculate the differential income.

In this case it will be a loss for 560,000

5 0

3 years ago

Explain how test-marketing can increase profits.

kirill [66]

Answer:

Test marketing holds a lot of importance for the company. It allows

the company to test their product in a small region so as to get an

idea whether the product will work in a bigger market or not.

Through this, the company can measure the performance of the

product and can decide whether it should be released nationwide

for sale. Through this, the company can estimate the earnings that

can be earned through this product beforehand.

Explanation:

7 0

2 years ago

Mike Hansen has adjusted gross income of $28,350. During the year, Mike decided he needed a larger home. He purchased a home on

storchak [24]

Answer:

<u>$0 (None)</u>

Explanation:

Mike incurring additional moving expenses to his new home is not legally permissible for deduction when starting it in his annual gross income report for tax purposes.

However, miscellaneous expenses such as Unreimbursed business expenses, qualified educational expenses, tax preparation fees, subscriptions to professional journals<em>, and job-hunting expenses </em><em>may be deducted.</em>

6 0

3 years ago

Exercise 9-2 Recording known current liabilities LO C2 Listed below are a few transactions and events of Piper Company. Piper Co

Virty [35]

Answer and Explanation:

The Journal entry is shown below:-

1. Cash Dr, $10,400

To Sales $10,000

To Sales taxes payable $400

(Being the cash is recorded)

Here we debited the cash as it increased the assets and we credited the sales and sales tax payable as it increased the sales and the liabilities

2. Cost of goods sold Dr, $5,000

To Merchandise inventory $5,000

(Being cost of goods sold is recorded)

Here we debited the cost of goods sold as it increased the expenses and we credited the merchandise inventory as it reduced the assets

3. Unearned services revenue Dr, $50,000

To Earned services revenue $50,000

(Being unearned service revenue is recorded)

Here we debited the unearned service revenue as it decreased the liabilities and we credited the earned service revenue as it increased the revenue

6 0

3 years ago

Sahia company bought a building for 90,000 cash and the land on which it was located for 1,10,000 cash. The company paid a trans

Alexxandr [17]

Answer:

Sahia Company

1. Net book value of the property at the end of year 2 = $217,800.

2. Journal entry to record the purchase:

Debit Property (land and building) $241,000

Credit Cash Account $241,000

To record the acquisition of the property.

3. Straight-line depreciation (on building only) = $11,600.

Explanation:

a) Data and Calculations:

Bought building for cash = $90,000

Bought land for cash = 110,000

Transfer cost = 10,000

Renovation on building = 31,000

Book value of property = $241,000

Depreciation:

Building cost = $90,000

Transfer cost 4,500 ($10,000*90,000/200,000)

Renovation 31,000

Total cost = $125,500

Residual value 9,000

Depreciable value = $116,000

Depreciation per annum = $11,600 ($116,000/10)

a) Land is not subject to depreciation and its value is $115,500 or $110,000 + 5,500 ($10,000*110,000/200,000).

b) The net book value of the property at the end of year 2 is

Building $125,500 - 23,200 = $102,300

Land = 115,500

Net book value of property = $217,800

6 0

3 years ago