Because of supply and demand. More demand for a product makes the price go and and the supplier gives more because they get more
Personal goal: A personal goal I have is to be and active citizen to my community. Help others, pick up trash.
High school Goal: My high school goal is to graduate, so I can get into and Ivy League school.
Financial goal: My goal is to have enough money for my college tuition.
Answer:
A. Patent = 28000 / 7 years = 4000
B. Goodwill = Indefinite life, so amortization is zero
C. Leasehold improvements = Construction is done on 31 December hence no depreciation for the current year
D. Ordinary repairs and maintenance = Revenue expenditure, so no depreciation
E. Machine A = Already recorded depreciation So no additional depredation as it is sold
F. Machine B (31000 - 7000) / 15 year = 1600
Answer:
$40,970
Explanation:
The computation of the total cost of material purchased in August month is shown below:
Material to be purchased (yards) = (Units required for manufacturing × number of yards needed + September inventory units × number of yards needed × percentage given - opening inventory in yards) × cost per yard
= (14,000 units × 3 yards + 14,500 yards × 3 × 20% - 2,500 yards) × $0.85
= (42,000 yards + 8,700 yards - 2,500 yards) × $0.85
= 48,200 yards × $0.85
= $40,970