Answer:
True
Explanation:
The reason is that the Internation Financial Reporting Framework says that though there are choices the company must opt to the depreciation method that brings fairness to the financial statement, which means that the method used calculates the depreciation for the year that actually represents the decrease in the value of the assets in market value. So if the current method brings the fairness to the Financial statements, Lucky can use them and if those don't bring fairness to the financial statements then its better to use alternative which will bring the fairness to financial statements.
Answer:bviously, since you do not manage your neighbors, you won’t be using a __________ . But since you want formal representation from your homeowner’s association, your local law-enforcement agency, and the businesses on your street, you think that you might start with a ____________ . Whatever type of team you choose, you know that more diversity will bring you _________ ideas.
Explanation:
Answer:
The correct answer is Habitual Practice
Explanation:
A National Debt is the amount of money obtained by one country from another that has not been paid. This can effect a country by means of loss of land actually owned, or it can cause agencies (e.g. Social Security Administration) to be cut on their budget. Meaning the agency to be cut of operational funding will loose a certain amount of funding until funds are found. Normally multiple agencies are cut to obtain some of the money to pay back the debt but this can really hurt agencies for reasoning of staffing as well as other operational costs. Hope this helps!
Answer:
$225 and $265
Explanation:
The computation is shown below:
For variable method:
= Direct materials per unit + direct labor per unit + variable manufacturing overhead per unit
= $70 + $110 + $45
= $225
For absorption method:
= Direct materials per unit + direct labor per unit + variable manufacturing overhead per unit + fixed manufacturing overhead per unit
= $70 + $110 + $45 + $40
= $265
The fixed manufacturing overhead per unit would be
= (Total fixed manufacturing overhead) ÷ (number of units produced)
= ($800,000) ÷ (20,000 units)
= $40