Answer:
The acquired cost of the equipment on July 1 is $85,132
Explanation:
The computation of the acquired cost is shown below:
= Cash + Net note payable amount
= $10,000 + $75,132
= $85,132
where,
Notes payable amount equals to
= Non-interest-bearing note payable - discounts on notes payable
= $100,000 - $24,868
= $75,132
For computing the accurate answer we have to deduct the discount from the note payable amount and then added to thee cash amount
<span>An economic system is a system of production, resource allocation, and distribution of goods and services within a society or a given geographic area.</span>
Answer:
3.612%
Explanation:
The computation of portfolio return is shown below:-
Portfolio return = (Return of Y × Weight of Y) + (Return of R × Weight of R)
+ (Return of C × Weight of C)
= (4.40% × 40%) + (4.93% × 40%) + (-0.60% × 40%)
= 1.76% + 1.972% - 0.12%
= 3.612%
Therefore for computing the portfolio return we simply applied the above formula.
Answer: $362,100
Explanation:
I could not find your exact question's details but I believe this can act as a reference.
Baldwin has 473 employees (given as the Complement). They plan to downsize by 15% which means they plan to retrench;
= 473 * 15%
= 70.95
= 71 people
The cost of retrenching one person is;
= 100 + 5,000
= $5,100
For 71 employees;
= 5,100 * 71
= $362,100
Answer:
The Cool Sky product cost per unit is $102.
Explanation:
To determine the product cost per unit using the absorption costing we find the per unit rate for Fixed Overheads for the year as follows,
Total Fixed overheads for the year / Units produced during the year
$528,000 / 44,000 unit = $12 per unit.
Total Cost per unit = Direct Material per unit + Direct labor per unit + Variable overhead per unit + Fixed Overhead per unit.
Total Cost per unit = $60 + $22 + $8 + $12
Total Cost per unit = $102 per unit.
