Answer:
Required information
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Suresh Co. expects its five departments to yield the following income for next year.
Dept. M Dept. N Dept. O Dept. P Dept. T Total
Sales $ 81,000 $ 43,000 $ 77,000 $ 62,000 $ 42,000 $ 305,000
Expenses Avoidable 16,800 44,800 20,600 21,000 50,400 153,600
Unavoidable 57,400 21,000 5,600 50,800 19,600 154,400 .
Explanation:
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The correct answer is the matching principle.
This principle stipulates that every expense that a company makes has to match with the revenues it brought to the company within the same accounting period when both of them happened. So, basically, a company has to have a list of expenses and profits they gained in the same period.
The amount of the gain or loss on disposal of the fixed asset is $2,000.
<h3>Gain or loss on disposal </h3>
First step
Book Value = Original Cost of Equipment - Accumulated Depreciation
Book Value = $30,000 -$28,500
Book value= $1,500
Second step
Gain=Sale Price -Book Value
Gain=$3,500-$1,500
Gain=$2,000
Inconclusion the amount of the gain or loss on disposal of the fixed asset is $2,000.
Learn more about gain or loss on disposal of asset here:brainly.com/question/14542603
<u>This is an example of "outsourcing".</u>
Outsourcing is the business routine with regards to procuring a gathering outside an organization to perform benefits and make products that generally were performed in-house by the organization's own representatives and staff. Generally done as a cost-cutting measure, it can influence occupations going from client support to assembling to the back office.
Outsourcing can enable organizations to lessen work costs essentially by outsourcing certain assignments. Organizations can likewise dodge costs related with overhead, gear and innovation.
