Answer:
the answer is b
Explanation:
cause its the annual cash outflow
Answer:
<u><em>Total expenses 936,500</em></u>
depreciation 291,500
wages expense 645,000
Explanation:
Assuming the depreciation are calculate base on straight line or that their output is lineal through the year:
It will be half of the depreciation for the year.
583,000 / 2 = 291,500 depreciation expense for six-month
For the year-end bonused It wll be the same ideal, we assume are earned equally during the year. So at half year half of the bonuses should be earned:
wages expense 1,290,000/2 = 645,000
<u>Total expenses 936,500</u>
Answer:
$319,000
Explanation:
The computation of the liability is shown below:
= Total expenses in three year - actual warranty expenditure
where,
Total expenses in three years = Total sales × total percentage of sales
= $6,200,000 × 9%
= $558,000
And, the actual warranty expenditure is $239,000
Now put these values to the above formula
So, the value would equal to
= $558,000 - $239,000
= $319,000
Answer: d. $240,400
Explanation:
To calculate the Cost of Goods sold for the year we simply add the Opening Balance of Finished goods to the Cost of Goods for the year and then subtract the Finished goods balance at year end (ending).
That would be,
= 233,000 + 31,600 - 24,200
= $240,400
$240,400 is the Cost of Goods sold for the year so Option D is correct.
