Answer:
Mainline should recognize a revenue of $32 million in 2012.
Explanation:
percentage-of-completion method:
Total Expenses = $60 million
Expenses during the Year 2012 = $24 million
Percentage of complition = 24/60
= 40%
Revenue can be recognised = $80 million*40%
= $32 million
Therefore, Mainline should recognize a revenue of $32 million in 2012.
A NUB (what else would it be)
Pls call me brainliest
The amount Jerry paid in interest is $1,040.
The given details are:
Jerry's principal amount = $ 22,000,
quarterly payment for each quarter = $ 640
Total time for which Jerry paid each quarter = 9 years
As we know, one-year consists of nine quarters and therefore the nine years will consist of 36 quarters.
Thus, the total amount paid by Jerry for nine years in each quarter is $23,040.
Therefore, the correct option is b.
To know more about the calculation of the interest, refer to the link below:
brainly.com/question/16242041
Answer:
Process Costing
Explanation:
Process Costing allows so many units to be in production at the same time which are identical. The cost of each unit can be determined by calculating the average price using to total units produced.