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olga nikolaevna [1]
3 years ago
12

Information related to plant assets, natural resources, and intangible assets at the end of 2022 for Tamarisk, Inc. is as follow

s: buildings $1,140,000, accumulated depreciation—buildings $652,000, goodwill $421,000, coal mine $509,000, and accumulated depletion—coal mine $107,000. Prepare a partial balance sheet of Tamarisk, Inc. for these items.
Business
1 answer:
Studentka2010 [4]3 years ago
8 0

Answer:

Partial balance sheet of Tamarisk, Inc.

<u>Non Current Assets :</u>

Buildings                                                          $1,140,000

Less accumulated depreciation—buildings  ($652,000)  $488,000

Coal mine                                                          $509,000

Less accumulated depletion—coal mine       ($107,000)  $402,000

Goodwill                                                                                $421,000

Total                                                                                      $1,311,000

Explanation:

The Items above are Non- Current Assets. Non Current Assets are resources expected to generate economic benefits for a period exceeding 12 months.

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Information for Nighttime Company's direct labor cost for February is as follows: Actual direct labor hours 70,000 Total direct
podryga [215]

Answer:

71,100

Explanation:

The calculation of standard direct labor hours is shown below:-

Labor rate variance = (Actual rate - Standard rate) × Actual hours worked

$35,000 = ($497,000 ÷ 70,000 - Standard rate) × 70,000

(7.1 - Standard rate) = $0.5

= $6.6 per hour

= Labor variance efficiency = (70,000 - Standard hour) × $6.6 per hour

= -$7,260 = (70,000 - Standard hour) × $6.6 per hour

Standard hours = $70,000 + 1,100

= 71,100

8 0
3 years ago
g A foreign factory has offered to supply with ready-made baskets for a price of $12 per basket. Assume that fixed costs are una
cluponka [151]

Answer:

The answer is "$5500".

Explanation:

Analysis Differential:  

                                             Make                            Buy

Cost of variable                        800\times 7 \ \ \ \ \ \ \ \ \ \ \ \  \ \ \ \ \ \ = 5600  

Fixed- cost                             16000\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 16000

Purchasing cost                                                    800\times 12\ = 9600

Cost of opportunity            \ \ \ \ \ \ \ \ \ \ \ \ \  \ \ \ \ \ \ \ \ \ 9500  

Total relevant cost                    31100 \ \ \ \ \ \ \ \ \ \ \ \ \  \ \ \ \ \ \ \ \ \  25600

Increasing operating income = 31100-25600 = 5500

4 0
3 years ago
Atâ year-end, Snowâ, Inc. has cash of $ 15,000â, current accounts receivable of $ 30,000â, merchandise inventory of $ 40,200â, a
Eva8 [605]

Answer:

0.75 times

Explanation:

The formula and the calculation of acid test ratio is presented below

Acid test ratio = Quick assets ÷ total current liabilities  

where,  

Quick assets = Cash + current accounts receivable

= $15,000 + $30,000

= $45,000

And, the current liabilities is $60,000

So, the acid test ratio would be

= $45,000 ÷ $60,000

= 0.75 times

3 0
3 years ago
a country that can sell its products at a lower cost because it has lower standards for emissions from manufacturing facilities
MA_775_DIABLO [31]

A country that can sell its products at a lower cost because it has lower standards for emissions from manufacturing facilities is making use of predatory dumping .

What Is Predatory Dumping?

  • A form of anti-competitive behavior known as predatory dumping involves a foreign corporation underpricing its goods in an effort to stifle domestic competition.
  • The corporation may eventually establish a monopoly in its chosen market by outpricing competitors.

What is an example of predatory dumping?

  • Predatory dumping is regarded as a dishonest commercial practice. When a business is completely informed of its actions and goals, it happens.
  • A glaring example is the onslaught of Chinese goods entering numerous international markets via physical storefronts, online, and marketplaces like E - Commerce company .

Learn more about predatory dumping

brainly.com/question/15288162

#SPJ4

4 0
1 year ago
How much is a 1941 wheat penny worth today??
bearhunter [10]
10,000-15,000 american dollars
7 0
3 years ago
Read 2 more answers
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