Answer:
B sell some
Explanation:
in a scenario where it is dropping, it doesn't mean it won't come back up. So you would sell some but keep a few so if it went up you still make profit
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Standard quantity= 7.8 grams per unit of output
Standard price= $6.50 per gram.
During the month the company purchased 27,900 grams of the direct material at $6.70 per gram.
To calculate the material price variance, we need to use the following formula:
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (6.5 - 6.7)*27,900
Direct material price variance= $5,580 unfavorable.
It is unfavorable because the actual price was higher than estimated.
There are two types of inquiries into your credit history: hard and soft.
Hard inquiries happen when lenders view your credit history in an attempt to lend you money. These will affect your credit scores.
Soft inquiries do not appear on your credit file and do not affect your credit history. These inquiries happen when you check your own credit or in this case a job checks your credit.
Answer:
The journal entry:
Debit Accumulated depreciation $160,000
Debit Equipment $200,000
Credit Cash $170,000
Credit Equipment $180,000
Credit Gain on exchange asset $10,000
Explanation:
The old equipment had a book value of $20,000 at the time of exchange. The company paid $170,000 cash and a trade-in of old equipment.
The new equipment costs of $200,000.
Carothers Corporation will record gain on exchange by the journal entry:
Debit Accumulated depreciation $160,000
Debit Equipment $200,000
Credit Cash $170,000
Credit Equipment $180,000
Credit Gain on exchange asset $10,000
An equity investment generally refers to the buying and holding of shares of stock on a stock market by individuals and firms in anticipation of income from dividends and capital gains. :)
