A
Explanation:
Because the judgement of executives does not adequately factor into a mathematical equation. it's like a judgement call only whereas the others can be used in an equation manner
Answer:
The loss on equipment recognized by Devin on its internal accounting records for 2017 is $9,000
Explanation:
By using the given information which is mentioned in the question, first we have to calculate the book value of equipment.
So, the book value of the equipment is equals to
= Cost price - accumulated depreciation
= $120,000 - $66,000
= $54,000
Now we can calculate the loss or gain on sale of equipment which is equals to
= Sale price - book value
= $45,000 - $54,000
= - $9,000
Since, the amount shows negative which means the company has suffered a loss of $9,000 on equipment
The other things like net income of 2017 and 2018 is irrelevant because it tells the net income of overall company not for equipment. So, it is not being considered while computation
Hence, the loss on equipment recognized by Devin on its internal accounting records for 2017 is $9,000
Answer:
I don't know what is meaning
Explanation:
sry
Answer:
The answer is D
Explanation:
Product A is a variable cost because variable cost(inputs) increases(decreases) with increase (decrease) units(output).
Whereas for product B;
Though, fixed cost is fixed across all units of output but as the total output increases, the average fixed cost decreases because the same amount of fixed costs now cover a larger number of output produced.
