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Lina20 [59]
3 years ago
12

Wanda takes $3,000 from her savings account that pays 5 percent interest per year and uses the funds to purchase a computer for

$3,000 for her business. At the end of the year the computer is worth $2,000. The costs that Wanda's business pays for use of the computer is ________ for that year.
Business
1 answer:
Salsk061 [2.6K]3 years ago
7 0

Answer:

$1,150

Explanation:

Implicit rental rate refers to the cost that a company incurred by spending money as opposed to what that money could earn if it were invested in something else. Therefore since in a year the computer was worth $1000 less and Wanda also lost out on the 5% that the savings account would have generated which would be $150. Then her total cost is that of $1,150

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Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicat
elixir [45]

Answer:

Given that,

Direct materials = $100,000

Direct labor = $125,000

Applied factory overhead for Department 1 = $150,000

Direct materials = $50,000

Direct labor = $60,000

Applied factory overhead for Department 2 = $70,000

Therefore, the journal entry is as follows:

Work in Process - Department 3 A/c Dr. $555,000

            To Work in Process - Department 2            $555,000

(To record the flow of costs into Department 3 during the period)

Workings:

Work in Process - Department 3:

= $100,000 + $125,000 +  $150,000 + $50,000 + $60,000 + $70,000

= $555,000

5 0
3 years ago
Sharp Screen Films, Inc., is developing its annual financial statements at December 31, the current year. The statements are com
elena-s [515]

Answer:

Detailed step-wise solution in tabular form is given below:

4 0
3 years ago
TeleGlobal is an American firm producing TV sets. TeleGlobal imports TV set components from Taiwan and assemb them domestically.
vichka [17]

Answer:

The right choice is Option c (110.0%).

Explanation:

⇒ Effective \ rate \ of \ protection = tariff \ rate \ on \ imported \ finished \ good + price \ of \ Component\times  \frac{(tariff \ on \ imported \ good- tariff \ on \ imported \ component)}{(Price \ of \ finished \ good - Price \ of \ components)}

On estimating the values, we get

⇒                                   = 30 \ percent + (80 \ percent\times 500)\times \frac{(30 \ percent - 10 \ percent)}{500-80 \ percent\times 500}

⇒                                   = 110 \ percent

Note: percent = %

3 0
3 years ago
Two firms, Boomburgs and ABC X-Plode, both sell the same fireworks bundle. If they sell their fireworks at the manufacturer's su
Alex_Xolod [135]

1. The profit for ABC X-Plode when both firms charge MSRP is $1,000.

Units ABC X-Plode will sell = 100 units

Profit per unit = $10 ($20 - $10)

Total profit = $1,000 ($10 x 100)

2. The profit for ABC X-Plode when it charges MSRP, but Boomburgs charges below MSRP is $500.

Units ABC X-Plode will sell = 50 units

Profit per unit = $10 ($20 - $10)

Total profit = $500 ($10 x 50)

3. The profit for ABC X-Plode when it charges below MSRP, but Boomburgs charges MSRP is $350.

Units ABC X-Plode will sell = 175 units

Profit per unit = $2 ($12 - $10)

Total profit = $350 ($2 x 175)

4. The profit for ABC X-Plode when both firms charge below MSRP is $250.

Units ABC X-Plode will sell = 125 units

Profit per unit = $2 ($12 - $10)

Total profit = $250 ($2 x 125)

Data and Calculations:

Cost per unit = $10

Quantity sold at MSRP = 100 units

Sales units below MSRP:

One firm sells = 175 units

Second firm sells = 50 units

Sales units for each firm when they sell below MSRP = 125 units

Let:

Price at MSRP = $20

Price Below MSRP = $12

Learn more: brainly.com/question/17141668

3 0
3 years ago
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blagie [28]

Answer:

All are type of the computer systems.

Explanation:

  • A distributed processing system is a phase that is used to refers to refers to the variety of the computer systems and includes the compact processing and on the different systems and coordinates their actions by passing messages to each other.  
  • The decentralized system is the transmission between the computer periodically and in limiting the daily communication and is opposite of the high sped and the data processing. The example of the decentralized system is the file-sharing through the scanner and the modern and the printers.
  • While that of the centralized system is the CPU and has a hosted computing system and distributed processing is through the database-centric architecture.
5 0
3 years ago
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