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2 years ago

Please help please please

Business

1 answer:

lianna [129]2 years ago

8 0

Answer:

e you chose that includes at leasnts on your time line.) You can create the time line below or submit a separate Word or PowerPoint document containing the time line. If your tim

Explanation:

5. Submit a thematic time line for the theme yo You can create the time line below or submit a separate Word or PowerPoint document containing the time line. If your tim

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Calaveras Tire exchanged equipment for two pickup trucks. The book value and fair value of the equipment given up were $34,000 (

MrRissso [65]

Answer:

1. $51,000

2.$11,000 Gain

Explanation:

(1) Calculation to determine At what amount will Calaveras value the pickup trucks

Using this formula

Trucks value =Fair value + Cash paid

Let plug in the formula

Trucks value=$45,000+$6,000

Trucks value=$51,000

Therefore Calaveras value the pickup trucks at $51,000

(2) Calculation to determine How much gain or loss will the company recognize on the exchange

Using this formula

Gain or loss on exchange =Fair value - Book value

Let plug in the formula

Gain or loss on exchange=$45,000-$34,000

Gain or loss on exchange=$11,000 Gain

Therefore the company will $11,000 GAIN recognize on the exchange

6 0

2 years ago

A company manufactures various-sized plastic bottles for its medicinal product. The manufacturing cost for small bottles is $50

Artyom0805 [142]

Answer:

a. $(8000)

b. Company should choose alternative 1 and make bottles.

Explanation:

Particulars Make Bottles Buy Bottles Differential

Alternative 1 Alternative 2

Purchase Price 0 $37 $(37)

Freight Charges 0 $4 $(4)

Variable cost $33 $33

Fixed Cost $17 $17 0

Cost per unit $50 $58 $(8)

Income / (Loss) $50,000 $58,000 $(8,000)

b. The company should choose alternative 1 and make bottles. The buying of bottles will cost company loss of $8,000.

7 0

3 years ago

On May 7, Keenan Company purchased on account 620 units of raw materials at $21 per unit. During May, raw materials were requisi

a_sh-v [17]

Answer:

Dr Material Inventory $13,020

Cr Trade Payables $13,020

Dr Work In Progress $9,742

Cr Material Inventory $9,742

Explanation:

On 7th May the double entry would be to record the inventory purchases on credit which would increase the inventory by $13,020 (620*21) as under:

Dr Material Inventory $13,020

Cr Trade Payables $13,020

The material sent to production or manufacturing team would be recorded as increase in the work in progress by the value of the material issued which is $9,742 (211*$19 + 273*$21).

Dr Work In Progress $9,742

Cr Material Inventory $9,742

8 0

3 years ago

Your grandparents put $10,200 into an account so that you would have spending money in college. You put the money into an accoun

expeople1 [14]

Answer:

Monthly withdrawal = $ 231.17 per month

Explanation:

Below is the calculation:

Deposit amount in the bank = $10200

Interest rate earned by the deposit = 4.19%

Monthly interest rate = 4.19% / 12 = 0.34917%

Number of periods = 4 years x 12 = 48

Amount in the account = Monthly withdrawal x (P/A, 0.34917%, 48)

10200 = Monthly withdrawal x 44.12246

Monthly withdrawal = 10200/44.12246

Monthly withdrawal = $ 231.17 per month

5 0

3 years ago

Oscar has negotiated a lease for his sporting goods store in which he is required to pay $2,500 per month in rent. Oscar pays hi

AfilCa [17]

Answer:

The Oscar's fixed costs per month is $2,500

Explanation:

Fixed cost: The fixed cost is that cost in which the amount is remain fixed whether production level change or not, that means it does not have any effect on the production level.

In the given question,

Monthly rent is $2,500 which is fixed so, it would be considered as fixed cost

The per hour pay and electrical bill depend upon the total hours of operation which means if the more hours, the workers are engaged so more pay will be give to them, and more electricity bill come.

And if they are working few hours, than less rate and less electrical bill will be there which reflects the variable cost. So, these cost are considered variable cost. Thu, it would not be included in the fixed cost.

Hence, Oscar's fixed costs per month is $2,500

6 0

3 years ago