Answer:
question
1. how much amortization expense on the goodwill can Ingrid deduct in year 1, year 2, year 3?
2. In lieu of the original facts, assume that Ingrid purchase only a phone list with a useful life of 5 years for $16,500.
How much amortization expense on the phone list can Ingrid deduct in year 1, year 2 and year 3?
Explanation:
The explanation is shown in the file attached. Thank you i hope it helps
Answer:
(-$10,000) Unfavorable
Explanation:
Direct materials:
Quantity = 15 pounds
Standard price = $16 per pound
Actual price = Purchase Price ÷ Purchase quantity
= 170,000 ÷ 10,000
= 17
Material price variance:
= Actual purchase quantity × (Standard price - Actual price)
= 10,000 × ($16 - $17)
= 10,000 × (-$1)
= (-$10,000) Unfavorable
An unfavorable balance of trade occurs when the value of a country's import exceeds the export.
<h3>What is an import?</h3>
It should be noted that an import simply means the goods and services that are brought into a country from another country.
In this case, unfavorable balance of trade occurs when the value of a country's import exceeds the export.
Learn more about trade on:
brainly.com/question/17727564
#SPJ1
Answer:
Check the explanation
Explanation:
Kindly check the attached image below to see the step by step explanation to the question above.