Answer:
<u>(a) as either fixed or variable</u>
fixed
Coolants for machinery
Annual flat fee paid for factory security
Machinery depreciation (straight-line)
Taxes on factory
variable
Lace to hold leather together
Wages of assembly workers
Leather covers for soccer balls
<u>(b) as either direct or indirect</u>
direct
Lace to hold leather together
Wages of assembly workers
Leather covers for soccer balls
indirect
Coolants for machinery
Annual flat fee paid for factory security
Machinery depreciation (straight-line)
Taxes on factory
Explanation:
Fixed Costs are constant for any production level. Variable Costs vary directly with production.
Direct Costs are easily traced to the product manufactured. Indirect costs are not easily traced and they need to be allocated to Products manufactured.
Answer:
Functional
Explanation:
In a functional structure, there is the common configuration that means the organization is to be allocated on the areas like as information technology, operations, marketing, etc
Also at the same time it distinct the specialized knowledge for each and every functional area via horizontal differentiation
Therefore it is a functional structure
Answer:
True
Explanation:
Exceptionally good weather will guarantee a good yield in crops. This will lead to an increase in supply of produce to the market, and when supply increases, the supply curve shifts to the right.
This is simply because there are more products and more sellers, and this will result in more supply.
Answer:
yes this very true bc as you get older the less opportunity's you get to things
Answer:
The journal entry is as follows:
Cash A/c Dr. $12,400
Accumulated Depreciation - Equipment A/c Dr. $21,900
Loss on sale of equipment A/c Dr. $4,700
To Equipment $39,000
(To record the sale)
Working notes:
Accumulated Depreciation - Equipment:
= [(Cost of tractor - Residual value) ÷ Service life] × No. of years
= [(39,000 - 2,500) ÷ 5] × 3
= $21,900
