Answer:
The amount of the Depletion Expense recognized for 2018 would be 240,000
Explanation:
In order to calculate the The amount of the Depletion Expense recognized for 2018, we have to calculate first the depletion expense per ton.
Hence, Depletion expense per ton = $1,600,000/400,000 = 4
Therefore, if the Depletion expense per ton is 4, and during 2018 60,000 tons of granits were sold then the Depletion expense to be recognized for 2018 will be=60,000*4
= $240,000. Amount of the Depletion Expense recognized for 2018
Answer:
Break-event point
Product A 6,000 units
Product B 6,250 units
Explanation:
<em>The break-even point is the level of activity that a business must operate to equate total revenue to total cost . At the break even point, the business makes no profit or loss., and the total contribution is equal to total fixed cost</em>
<em>The break-even point is calculated as follows:</em>
Total general fixed cost/(selling price - variable cost)
Break-even point = 60,000/(22-12)=6000 units
Product B
Beak-even point = 75,000/(22-10)=6250 units
Break-event point
Product A 6,000 units
Product B 6,250 units
The correct option is B.
The eight minute rule is put in place to improve efficiency and productivity. In a busy meeting, where one is meeting a lot of new people that one will like to interact with, this rule demands that one should only spend only a few minute with each person.
Answer:
Gross pay = $14,000
Net pay = $8,329
Explanation:
<u>Particular Amount</u>
<u>Salary $14,000</u>
<u>Gross pay $14,000</u>
Less: Federal income tax $3,500
Less: State income tax $1,100
Less: Social security tax $868
$14,000 x 6.20%
Less: Medicare tax $203
<u>$14,000 x 1.45% </u>
<u>Net pay $8,329</u>
Answer:
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