Answer: Please refer to Explanation
Explanation:
Hello. Your question was not complete as it lacked certain options.
I have attached it to this answer.
1.Paid $7,000 of accrued taxes at the time the plant site was acquired. LAND because it was an expense that was needed to acquire the land so it is capitalized
2. Paid $200 insurance to cover a possible accident loss on new factory machinery while the machinery was in transit. EQUIPMENT
3. Paid $850 sales taxes on a new delivery truck. EQUIPMENT.
4. Paid $21,000 for parking lots and driveways on the new plant site. choose an account title. LAND IMPROVEMENTS.
5. Paid $250 to have the company name and slogan painted on the new delivery truck. choose an account title. EQUIPMENT
6. Paid $8,000 for installation of new factory machinery. choose an account title. EQUIPMENT
7. Paid $900 for a 2-year accident insurance policy on the new delivery truck. choose an account title. PREPAID INSURANCE
8. Paid $75 motor vehicle license fee on the new truck. LICENSE EXPENSE.
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A benefit of 401k It is Less of investment risk.
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Advertising regulations provide a set of rules and regulations that protects the consumer from deceptive or misleading claims.
Answer: Option (d)
<u>Explanation:</u>
Advertising regulations is a consumer protection act that safeguards the peoples from being misled in false information about sales and trade.
These regulations evaluates the bad products in a company and makes it fail easily.
It explains the detailed information about the severity of false product in a company and prevents the people from consuming that product.
FTC is one of the advertising policies commonly referred to as the Federal Trade Commission safeguards the consumers from unwanted practices and it also protects the basic rights of the consumer in a state.
FTC uses three major bureaus to evaluate the fraud practices involved in a business and implements a proper advertising activities.
Bureaus of Competition, Economy and Consumer protections implies the best practices of advertising policies.
Answer:
$27,250
Explanation:
The computation of incremental income or loss on reworking the units is shown below:-
For computing the incremental income or loss on reworking the units first we need to follow some steps which is shown below:-
Incremental revenue per unit = Selling price after rework - Selling price as scrap
= $22.00 - $5.60
= $16.40
Total Incremental Revenue = Incremental revenue per unit × Total defective units
= $16.40 × 2,500
= $41,000
Total rework costs = Total defective units × Defects per unit
= 2,500 × $5.50
= $13,750
Now,
Incremental income or loss on reworking the units = Total Incremental Revenue - Total rework costs
= $41,000 - $13,750
= $27,250
