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Liula [17]
3 years ago
9

Marquis Company uses a weighted-average perpetual inventory system.

Business
1 answer:
bogdanovich [222]3 years ago
6 0

Answer:

The correct answer is "$136.44"

Explanation:

According to the question,

Total units will be:

= 10 \ unit+15 \ unit

= 25 \ unit

Average cost will be:

= \frac{[(10\times 12)+(15\times 14)]}{29}

= \frac{120+210}{29}

= \frac{330}{29}

= 11.38 ($)

hence,

The cost of sale will be:

= Units \ sold\times Average \ cost

= 12\times 11.38

= 136.44 ($)

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A company purchased a plant asset for $53,000. It has a salvage value of $3,000 and annual depreciation expense of $5,000. It ca
marshall27 [118]

Answer:

The remaining useful life of the asset is = 10 - 3 = 7 years

Explanation:

The straight line method of depreciation charges a constant depreciation expense through out the useful life of the asset. The formula for depreciation expense under this method is,

Depreciation expense = (Cost - Salvage value) / Estimated useful life of the asset

Plugging in the values for depreciation expense per year, cost and salvage value, we can calculate the total expected life of the asset.

5000 = (53000 - 3000) / estimated useful life of the asset

estimated useful life of the asset = 50000 / 5000

estimated useful life of the asset = 10 years

As the accumulated depreciation  balance is of 15000, the depreciation for 15000/5000 = 3years has been charged.

The remaining useful life of the asset is = 10 - 3 = 7 years

3 0
3 years ago
Paula Reid is the manager at the Miami office of the U.S. Secret Service who set in motion a major prostitution scandal by repor
Elan Coil [88]

Answer:

The answer is: She used the justice approach, realizing that the greater good is served because people learn to help each other in their own interest.

Explanation:

Justice approach: an ethical decision is a decision that distributes benefits and costs (or punishments) among those involved in a fair, equitable, and impartial way.

Paula used this approach because she believed the agents had acted improperly and that they were harming the US Secret Service.

I consider any organization a team, so in order for it to work well its members must be respected both by their peers and by the other teams´ members. If you consider the various types of activities this specific agency carries out, other not so friendly "teams" (other secret services or even terrorists) could use this type of information to damage or compromise those activities. So the well being of all the country was being jeopardized by a group of bad agents.

7 0
3 years ago
What term refers to a set amount of money kept in the cash register to make change with?
Semenov [28]
The answer is D. Cash float. At the start of every shift in the retail business your register should always start with a specific amount in it and that amount depends on your place of employment
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3 years ago
Choose TWO of the responses that describe disadvantages of Roth IRAS
insens350 [35]

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You pay taxes upfront

the maximum contribution is low

Explanation:

UTP quiz

6 0
3 years ago
A company makes $200,000 in a year and has $150,000 in production costs, leaving them with $50,000. The $200,000 represents
NeX [460]

Answer:

The $200,000 represents the revenue and the $50,000 represents the profit.

Explanation:

4 0
2 years ago
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