Ruiz Co. provides the following unit sales forecast for the next three months: January February March Sales units2,400 3,500 4,400 The company wants to end each month with ending finished goods inventory equal to 10% of the next month’s sales. Finished goods inventory on December 31 is 240 units. The budgeted production units for February are

Answers

Answer 1

Answer:

the budgeted production units for the feb month is 3,590 units

Explanation:

The computation of the budgeted production units for the feb month is given below:

= Feb units + closing units - opening units

= 3,500 units + (4,400 units × 10%) - (3,500 units × 10%)

= 3,500 units + 440 units - 350 units

= 3,590 units

hence, the budgeted production units for the feb month is 3,590 units

The same would be considered


Related Questions

Management of Mittel Company would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during the current year the following data were reported:

Inspection time 0.2 days
Wait time (from order to start of production) 17.0 days
Process time 3.1 days
Move time 0.9 days
Queue time 4.2 days

Required:
a. Compute the throughput time. (Round your answer to 1 decimal place.)
b. Compute the manufacturing cycle efficiency (MCE) for the quarter.
c. What percentage of the throughput time was spent in non–value-added activities?
d. Compute the delivery cycle time.
e. If by using Lean Production all queue time during production is eliminated, what will be the new MCE?

Answers

Answer:1.

a)Through put time =8.4days

b)The manufacturing cycle efficiency  =36.9%

c)percentage of the through put time spent on non–value-added activities =63.1%

d)Delivery time =25.4days

e) The  New  manufacturing cycle efficiency =73.8%

Explanation:

1. The through put time is given as

Process time + Inspection time + Move time+Queue time

Through put time=3.1 + 0.2 + 0.9 + 4.2

Through put time=8.4days

2. The manufacturing cycle efficiency

,is given as

Process  ÷Through put time

manufacturing cycle efficiency

, =3.1/8.4=0.369=36.9%

3. The manufacturing cycle efficiency

, is 36.9%

Thus percentage of the throughput time spent in non–value-added activities is  given as

1 - 36.9% = 63.1%

4.The delivery cycle time is calculated as

Wait time + through put time

Delivery cycle =17.0  + 8.4 = 25.4 days

5.  The New manufacturing cycle efficiency  is calculated as

Process ÷through put time

But the new through put time =8.4 -4.2=4.2

New  manufacturing cycle efficiency  =3.1 / 4.2 = 0.7380

=73.8%

According to the law of demand, as prices fall, ceteris paribus
quantity demanded decreases.
demand increases.
quantity demanded increases.
demand decreases

Answers

Answer:

quantity demanded increases

Explanation:

price and demand are inversely related

this means as price falls it increases the willingness and ability of consumers to purchase a product.

Jacques lives in Miami and runs a business that sells guitars. In an average year, he receives $793,000 from selling guitars. Of this sales revenue, he must pay the manufacturer a wholesale cost of $430,000; he also pays wages and utility bills totaling $301,000. He owns his showroom; if he chooses to rent it out, he will receive $15,000 in rent per year. Assume that the value of this showroom does not depreciate over the year. Also, if Jacques does not operate this guitar business, he can work as a financial advisor, receive an annual salary of $50,000 with no additional monetary costs, and rent out his showroom at the $15,000 per year rate. No other costs are incurred in running this guitar business.
Identify each of Jake's costs in the following table as either an implicit cost or an explicit cost of selling guitars.
Implicit Cost Explicit Cost
The wages and utility bills that Jake pays
The salary Jake could earn if he worked as an accountant
The wholesale cost for the guitars that Jake pays the manufacturer
The rental income Jake could receive if he chose to rent out his showroom
Complete the following table by determining Jake's accounting and economic profit of his guitar business.
Profit (Dollars)
Accounting Profit
Economic Profit

Answers

Answer:

Explicit Costs

The wages and utility bills that Jake pays

The wholesale cost for the guitars that Jake pays the manufacturer

Implicit costs

The salary Jake could earn if he worked as an accountant

The rental income Jake could receive if he chose to rent out his showroom

Accounting profit = $62,000

economic profit = $-3000

Explanation:

Explicit cost includes the amount expended in running the business. They include rent , salary and cost of raw materials

Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives. Jacques forgoes the opportunity to earn a salary and rent out his showroom when he started his business

Accounting profit= total revenue - explicit cost

$793,000 - ($430,000 + $301,000) = $62,000

Economic profit = accounting profit - implicit cost

$62,000 - (50,000 + 15,000) =$-3000

Dennis Kozlowski, John Thain, and Raj Rajaratnam are former CEOs mentioned in the text that have been involved in corporate governance problems to one degree or another. What did Dennis Kozlowski do that was considered inappropriate behavior? Multiple Choice He provided insider information to the Goldman Sachs' board. He sold 500,000 shares of his personal stock right before a negative quarterly earnings report was released. He spent $2 million of company funds for his own birthday party. He created a Ponzi scheme that grew to $65 billion dollars before the SEC shut it down. He spent $1.2 million of company funds redecorating his office while demanding cost cutting from employees.

Answers

Answer: He spent $2 million of company funds for his own birthday party.

Explanation:

The article in question relates to the Agency problem which is a problem that arises as a result of management acting in such a way as to benefit themselves instead of the shareholders that they are supposed to be maximizing wealth for.

Dennis Kozlowski was the former CEO of Tyco. In this position, he committed several financial crimes such as throwing a $2 million birthday party that was funded by the company. He eventually went to prison for this and the other crimes.

explain 2 benefits of being self-employed. ​

Answers

Independence and freedom

The two benefits of being self-employed includes

one will be in controlone is at will of making his/her own work schedule

What is self-employment?

A self-employment refers to working for oneself or as owner of a business rather than for an employer.

It is when someone earns money by working for themselves instead of for another person or company.

In conclusion, a self-employer is an entreprenuer.

Read more about self employment

brainly.com/question/20750656

Influential factors such as cost, price, break-even analysis, sales potential,
and competition are evaluated as part of which phase? *
Concept development
Generating ideas
Screening ideas
Market Product
Product Development

Answers

Answer:46

Explanation:

The advantages of wireless networks include( select all that apply)

added security
decreased cost
increased flexibility
increased transmission distance

Answers

Answer:

increased flexibility

increased transmission distance

The owner of an office building is interested in selling the building in order to raise capital for development of a large shopping mall. The building has a 30-year, 7% mortgage with 20 years of remaining payments; the original mortgage principal was $200 million. The building is fully occupied by tenants who have long-term leases of at least 20 years. The owner enjoys net income of $1 million per month after paying all operating expenses and the mortgage payment. The new owner would be able to take over the existing mortgage. a. What is the minimum offer that the owner would accept, assuming th

Answers

Answer:

the minimum price depends on the owner's discount rate. For example, if the discount rate is 12% per year or 1% per month, then the price should equal:

PV =  $1,000,000 x 90.81942 (PVIFA, 1%, 240 periods) = $90,819,420

You would need to adjust the PVIFA depending on the owner's discount rate; the higher the rate, the lower the price.

2. In industries that process joint products, the costs of the raw materials inputs and the sales values of intermediate and final products are often volatile. Change the data area of your worksheet to match the following: If your formulas are correct, you should get the correct answers to the following questions. a. What is the overall profit if all intermediate products are processed into final products?

Answers

Answer:

The answer is "74,000".

Explanation:

Please find the complete question in the attached file.

Profitability analysis of the total business:

The combined value for final sales                    [tex]4,69,000[/tex]

Low cost of manufacturing end products:

Wool's cost                                     [tex]2,35,000[/tex]

Process cost of segregation            [tex]40,000[/tex]

Combined dyeing cost s [tex]1,20,000 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 3,95,000[/tex]

Gain benefit                                                                  [tex]74,000[/tex]

Companies that use debt in their capital structure are said to be using financial leverage. Using leverage can increase shareholder returns, but leverage also increases the risk that shareholders bear. Consider the following case: Sombra Corp. is considering a project that will require $600,000 in assets. The project will be financed with 100% equity. The company faces a tax rate of 35%. What will be the ROE (return on equity) for this project if it produces an EBIT (earnings before interest and taxes) of $145,000

Answers

Answer:

ROE = 15.7%

Explanation:

Return on Equity (R.O.E). Equity capital is the capital provided by the ordinary shareholders. So the ROE measures, in percentage, the amount made as profit for every one Dollar of equity capital invested . That is, how much return is earned (in %) on every dollar of equity capital invested.

It is calculated as follows:

ROE= (Profit/equity capital )× 100

Profit = EBIT - Tax = 145,000- (35%×145,000)=94,250

ROE = 94,250/600,000× 100 =15.7%

ROE = 15.7%

If the toothpaste market is monopolistically competitive, product differentiation would not take the form of: production of many varieties of toothpaste, including those with whitening agents. quality differences among the various brands. setting the price of the product well below the price charged by the rivals. differentiation in the locations where certain toothpastes are available.

Answers

Answer:

setting the price of the product well below the price charged by the rival

Explanation:

A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.

An example of monopolistic competition are restaurants  

When firms are earning positive economic profit, in the long run, firms enter into the industry. This drives economic profit to zero

If firms are earning negative economic profit, in the long run, firms leave the industry.  This drives economic profit to zero

in the long run, only normal profit is earned

If a monopolistically competitive sets price below competitors, losses would be made. So, there is no incentive to do this

The market demand curve in perfect competition is found by A. the interaction of supply and demand at the individual firm and consumer levels. B. horizontally summing the demand curves of the individual consumers. C. utility maximizing behavior of the​ "representative consumer." D. horizontally summing the supply curves of the individual firms in the industry.

Answers

Answer:

b

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.

the demand curve is a graph of the quantity demanded on the vertical axis and the price on the horizontal axis. it is downward sloping

market demand curve is the aggregation of demand curves 

Because goods are identical, market demand curve can be determined by horizontally summing the demand curves of the individual consumers

An electronics firm is currently manufacturing an item that has a variable cost of $.50 per unit and a selling price of $1.00 per unit. Fixed costs are $14,000. Current volume is 30,000 units. The firm can substantially improve the product quality by adding a new piece of equipment at an additional fixed cost of $6,000. Variable cost would increase to $.60, but volume should jump to 50,000 units due to a higherquality product. Should the company buy the new equipment

Answers

Answer: The company should not buy the new equipment

Explanation:

For the 1st case:

Revenue = Selling price × Number of units

= 1 × 30000

= $30,000

Total cost = Fixed cost + Variable cost

= 14000 + (0.5 × 30000)

= 14000 + 15000

= $29000

Profit = Revenue - Cost

= $30000 - $29000

= $1000

For the 2nd case:

Revenue = Selling price × Number of units

Revenue = Selling price × Number of units

= 1 × 50000

= $50,000

Total cost = Fixed cost + Variable cost

= 20000 + (0.6 × 50000)

= 20000 + 30000

= $50000

Profit = Revenue - Cost

= $50000 - $50000

= $0

Based on the calculation above, the company should not buy the new equipment as no profit will be made while currently a profit of $1000 is made.

On January 1, 2021, Crane Corporation had 980,000 shares of common stock outstanding. On March 1, the corporation issued 120,000 new shares to raise additional capital. On July 1, the corporation declared and issued a 2-for-1 stock split. On October 1, the corporation purchased on the market 450,000 of its own outstanding shares and retired them.

Required:
Compute the weighted average number of shares to be used in computing earnings per share for 2021.

Answers

Answer:

what subject is this i dont know

Explanation:

what subject

Vaughn Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $2,088,000 on March 1, $1,236,000 on June 1, and $3,090,260 on December 31. Vaughn Company borrowed $1,083,960 on March 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 9%, 5-year, $2,493,000 note payable and an 10%, 4-year, $3,319,800 note payable. Compute the weighted-average interest rate used for interest capitalization purposes.

Answers

Answer:

9.57 %

Explanation:

The computation of the  weighted-average interest rate used for interest capitalization purposes is shown below:

Particulars                               Loan Amount                   Interest

9 % 5 year note payable $2,493,000 ($2,493,000 × 9 %) = $224,370

10 % 4 year note payable $3,319,800 ($3,319,800 × 10 %) = $331,980

Total                                        $5,812,800                       $556,350

Now

Weighted- average interest rate  is

= $556,350 ÷ $5,812,800

= 9.57 %

The phone rings in the next room and the assistant answers it. She tells the caller, "Yes, sir, they are here." She soon hangs up, and comes in with your coffee. She tells you that it should not be too much longer and again apologizes. She explains that the CEO doesn't answer his cell phone while driving. She says he waited to pull over to call her because he is a bit old fashioned. "He has a hands-free system but has found it a hassle to use," she says. She turns to leave, but you ask her to have a seat. You have an opportunity here. What would be most beneficial to ask the assistant at this time?

Answers

Answer: You want a candid assessment of the work environment. Ask her what she likes most about working at Deductive

Explanation:

The options include:

• You want a candid assessment of the work environment. Ask her what she likes most about working at Deductive. • You want to know what is it that is so important that the CEO cannot keep his appointment with you.

• You want to make her feel at ease. Ask her whether she had a nice weekend and if she and her husband did anything special.

Based on the information given, the most beneficial to ask her is a candid assessment of the work environment. By asking her what she likes most about working at Deductive, one will build a rapport and also get to know more about the organization, its work environment and what it entails to work there.

Let corn denote per capita consumption of corn in bushels at the county level, let price be the price per bushel of corn, let income denote per capita county income, and let rainf all be inches of rainfall during the last corn-growing season. The following simultaneous equations model imposes the equilibrium condition that supply equals demand:

corn = α1 price + β1 income + u1

corn = α2 price + β2 rainfall + γ2 rainfall 2 + u2 .

Which is the supply equation, and which is the demand equation? Explain.

Answers

Answer:

corn = α1 price + β1 income + u1  <=== Demand equation

corn = α2 price + β2 rainfall + γ2 rainfall 2 + u2 <=== Supply equation.

Explanation:

Given:

corn = α1 price + β1 income + u1 …………………………………………. (1)

corn = α2 price + β2 rainfall + γ2 rainfall 2 + u2 …………………….. (2)

From the above, equation (1) is the demand equation while equation (2) the supply equation.

Equation (1) is the demand equation because parts of the factors determining the demand for a product are the price of the product itself and the income of the buyers. However, rainfall is NOT one of the factors determining the demand for a product.

Equation (2) is the supply equation because parts of the factors determining the supply a product are the price of the product itself and other factors such as rainfall for corn in this case. However, income of the buyers is NOT one of the factors determining the supply for a product.

. During 2007, Eaton Corp. started a construction job with a total contract price of $7,000,000. It was completed on December 15, 2008. Additional data are as follows: 2007 2008 Actual costs incurred in current year $2,700,000 $3,050,000 Estimated remaining costs 2,700,000 — Billed to customer 2,400,000 4,600,000 Received from customer 2,000,000 4,800,000 Under the completed-contract method, what amount should Eaton recognize as gross profit for 2008?

Answers

Answer:

$1,250,000

Explanation:

Calculation to determine what amount should Eaton recognize as gross profit for 2008

Using this formula

2008 Recognized gross profit=Total contract price- 2007 Actual costs incurred in current year -2008 Actual costs incurred in current year

Let plug in the formula

2008 Recognized gross profit=$7,000,000 - $2,700,000 - $3,050,000

2008 Recognized gross profit=$1,250,000

Therefore The amount that Eaton should recognize as gross profit for 2008 is $1,250,000

In June 2015, the unemployment rate declined to 5.3 percent from 5.5 percent in May. The labor force participation rate also declined from May to June, from 62.9 percent to 62.6 percent. If the labor force participation rate had remained unchanged from May to June, the unemployment rate for June 2015 would be

Answers

Answer: A. greater than 5.3 percent because the value in the numerator of the formula for the unemployment rate would increase more than the value in the denominator.

Explanation:

The unemployment rate is calculated by dividing the number of those who are unemployed but actively seeking employment by the labor force.

= Unemployed / Labor force

If the labor force participation rate had remained unchanged then that would mean that the denominator for the unemployment rate did not change while unemployment did.

The unemployment rate will therefore be greater than 5.3% because the numerator which is the unemployment figure, would have increase more than the denominator.

What is the term for the daily activity of handling economic resources and planning for future economic goals?

Answers

Answer:

Money Management

Explanation:

how can the size of the industrial/service sector and the agriculture employment rate indicate the level of industrialization?​​

Answers

it will give them a more developed country and a greater potential for increased industrialization.

Marin Industries had one patent recorded on its books as of January 1, 2020. This patent had a book value of $201,600 and a remaining useful life of 8 years. During 2020, Marin incurred research and development costs of $93,000 and brought a patent infringement suit against a competitor. On December 1, 2020, Marin received the good news that its patent was valid and that its competitor could not use the process Marin had patented. The company incurred $127,500 to defend this patent. At what amount should patent(s) be reported on the December 31, 2020, balance sheet, assuming monthly amortization of patents

Answers

Answer:

The patent should be reported at $302,400 on the December 31, 2020, balance sheet.

Explanation:

Remaining useful life in month of patent on January 1, 2020 = 8 * 12 = 96 months

Remaining useful life in month of patent on December 1, 2020 = 96 - 11 = 85 months

Amortization of book value of patent in 2020 = (Patent Book value / Remaining useful life in month of patent on January 1, 2020) * 12  = ($201,600 / 96) * 12 = $25,200

Amortization of legal cost in 2020 = (Legal cost / Remaining useful life in month of patent on December 1,, 2020) * 1  = ($127,500 / 85) * 1 = $1,500

Carrying amount of patent = Patent Book value + Legal cost = $201,600 + $127,500 = $329,100

Patent book value on December 31, 2020 = Carrying amount of patent - Amortization of book value of patent in 2020 - Amortization of legal cost in 2020 = $329,100 - $25,200 - $1,500 = $302,400

Therefore, the patent should be reported at $302,400 on the December 31, 2020, balance sheet.

Mark has invested $300 at age 16 into a money market account earning 6%. What will his investment be worth?

Answers

Answer:

Future Account Value = $ 161,327.31

Explanation:

Investment Amount (PV)

The starting amount you invest in the account or your current balance in an existing investment account

Future Account Value (FV)

The return amount you want to attain. Your target amount.

Number of Years (n)

Several years you will invest.

Interest Rate (R)

The annual interest rate you expect on your invested money

Compounding (m)

The periodic compounding of your investment account

Contributions (PMT)

The payment amount you will contribute to your investment account periodically

Frequency of Contributions (q)

The periodic timing of your contributions

The ____ rate is the interest rate banks charge each other for borrowing or storing money?
A. Federal Reserve interest
B. Federal funds
C. Loan interest

Answers

Answer:

C. Loan interests

Explanation:

Answer:

Federal fund is the correct answer

Explanation:

I made a 100 on the test

The company budgeted for production of 2,400 units in June, but actual production was 2,500 units. The company used 19,850 pounds of direct material and 980 direct labor-hours to produce this output. The company purchased 21,700 pounds of the direct material at $6.70 per pound. The actual direct labor rate was $19.20 per hour and the actual variable overhead rate was $1.80 per hour.

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.

The variable overhead efficiency variance for June is: _________

a. $36 U
b. $36 F
c. $40 U
d. $40 F

Answers

Answer:

d. $40 F

Explanation:

Calculation to determine what The variable overhead efficiency variance for June is

First step is to calculate the SH

SH = 2,500 units × 0.4 hour per unit

SH= 1,000 hours

Now let calculate the Variable overhead efficiency variance

Using this formula

Variable overhead efficiency variance = (AH - SH) × SR

Let plug in the formula

Variable overhead efficiency variance= (980 hours - 1,000 hours) × $2 per hour= (-20 hours) × $2 per hour

Variable overhead efficiency variance= $40 F

Therefore Variable overhead efficiency variance is $40 F

Gilberto Company currently manufactures 90,000 units per year of one of its crucial parts. Variable costs are $3.20 per unit, fixed costs related to making this part are $100,000 per year, and allocated fixed costs are $87,000 per year. Allocated fixed costs are unavoidable whether the company makes or buys the part. Gilberto is considering buying the part from a supplier for a quoted price of $4.40 per unit guaranteed for a three-year period. Calculate the total incremental cost of making 90,000 and buying 90,000 units. Should the company continue to manufacture the part, or should it buy the part from the outside supplier?

Answers

Answer:

Part 1

total incremental cost of making 90,000 units =  $388,000

total incremental cost of buying 90,000 units = $396,000

Part 2

There is a cost advantage of $8,000 of making than buying, therefore  the company should continue to manufacture the part.

Explanation:

total incremental cost of making 90,000 units

Variable costs are ($3.20 x 90,000 units)    $288,000

Fixed Costs                                                      $100,000

Total                                                                 $388,000

total incremental cost of buying 90,000 units

Purchase Price ($4.40 x 90,000 units)          $396,000

Total                                                                 $396,000

Decision :

There is a cost advantage of $8,000 of making than buying, therefore  the company should continue to manufacture the part.

Cityscape Hotels has 200 rooms available in a major metropolitan city. The hotel is able to attract business customers during the weekdays and leisure customers during the weekend. However, the leisure customers on weekends occupy fewer rooms than do business customers on weekdays.
Thus, Cityscape plans to provide special weekend pricing to attract additional leisure customers. A hotel room is priced at $180 per room night. The cost of a hotel room night includes the following:
Cost Per Room Night (at normal occupancy)
Housekeeping service................................................................$ 23
Utilities............................................................................................7
Amenities........................................................................................3
Hotel depreciation.........................................................................55
Hotel staff (excluding housekeeping)............................................42
Total....................................................................................$130
The special weekend price is proposed for $120 per room night. At this price, it is anticipated that average occupancy for the weekend (Friday, Saturday, and Sunday) will increase from 30% to 50% of available rooms.
A. What is the contribution margin for a room night under the normal pricing if only the hotel depreciation and hotel staff (excluding housekeeping) are assumed fixed for all occupancy levels?
B. Determine the contribution margin for a room night under the proposed weekend pricing.
C. Prepare a differential analysis showing the differential income for an average weekend between the existing (Alternative 1) and discount (Alternative 2) price plan.
D. Should management accept the proposed weekend pricing plan? Explain.

Answers

Answer: See explanation and attachment

Explanation:

a. What is the contribution margin for a room night under the normal pricing if only the hotel depreciation and hotel staff (excluding housekeeping) are assumed fixed for all occupancy levels?

Price = $180

Less: Variable Costs:

House keeping staff = $23

Utilities = $7

Amenities = $3

Total variable costs = $33

Contribution margin = $147

B. Determine the contribution margin for a room night under the proposed weekend pricing.

Price = $120

Less: Variable Costs:

House keeping staff = $23

Utilities = $7

Amenities = $3

Total variable costs = $33

Contribution margin = $87

C. Prepare a differential analysis showing the differential income for an average weekend between the existing (Alternative 1) and discount (Alternative 2) price plan.

Check attachment for solution

D. Should management accept the proposed weekend pricing plan? Explain.

No. From the calculation in C, there is reduction in income.

A sum of money was shared
between Joan and Ngozi in the
ratio 5:3. If Joan's share was 40.00,
how much was the original sum of
money?​

Answers

Answer:

6400

Explanation:

Let the shares of money for Joan and Ngozi be 5x and 3x respectively.

Joan's share = 40.00 (given)

Therefore,

5x = 40,00

x = 40,00/5

x = 800

5x + 3x

= 8x

= 8*800

= 6400

Original sum of money = 6400

On January 1, 2018, Frontier Corporation purchased for $474,000, equipment having a useful life of ten years and an estimated salvage value of $24,000. Adventure has recorded depreciation of the equipment on the straight-line method. On December 31, 2025, the equipment was sold for $84,000. What is the journal entry to record this sale

Answers

Answer:

Frontier Corporation

Journal Entry to record the sale:

Debit Cash $84,000

Credit Sale of Equipment $84,000

To record the sale of the equipment.

Others:

Debit Sale of Equipment $474,000

Credit Equipment $474,000

To transfer the equipment account to the Sale of Equipment account.

Debit Accumulated Depreciation $360,000

Credit Sale of Equipment $360,000

To transfer the accumulated depreciation to the Sale of Equipment account.

Debit Loss from Sale of Equipment $30,000

Credit Sale of Equipment $30,000

To close the Sale of Equipment account to income statement.

Explanation:

a) Data and Calculations:

January 1, 2018: Purchase of equipment = $474,000

Estimated useful life = 10 years

Estimated salvage value = $24,000

Depreciable amount = $450,000 ($474,000 - $24,000)

Straight-line Annual Depreciation Expense = $45,000 ($450,000/10)

Accumulated depreciation after 8 years = $360,000 ($45,000 * 8)

Net book value of equipment = $114,000 ($474,000 - $360,000)

December 31, 2015: Proceeds from sale of equipment = $84,000

Analysis:

Cash $84,000 Sale of Equipment $84,000

Sale of Equipment $474,000 Equipment $474,000

Accumulated Depreciation $360,000 Sale of Equipment $360,000

Loss from Sale of Equipment $30,000 Sale of Equipment $30,000

60. Pricing decisions may include which of the following?
a. Bundling
b. Pricing Strategy
C. Target group their concepts of Value
d. All of the above​

Answers

Answer:

b. Pricing Strategy is the right answer

Explanation:

please mark me as brainliest answer

Answer:

Hello There!!

Explanation:

I think the answer is possibly d. All of the above.

hope this helps,have a great day!!

~Pinky~

Other Questions
Which Axis power was located further south in Europe than the other Axis powers? GermanyItalythe Soviet UnionFrancePlease help asap im being timed on this one too which excerpt shows PLEASE HELP!! I WILL GIVE YOU 100 POINTSReview QuestionsPlease give an example of a career that fits into each of the following four pathways and briefly describe what a person in this career would do:Law, public safety, corrections, and safetyGovernment and public administrationHuman servicesEducation and trainingWhat does it mean to be a diplomat? Please give two examples of responsibilities a diplomat would have in their job with your answer.In the health-care field, there are face-to-face types of jobs and behind-the-scenes jobs. What is the difference between the two? Please give an example of each with your answer.Careers in the Public Service cluster can help make a difference in the world but they can be tough careers to work in. Describe what a person who would love working in this field may be like.What would be some of the responsibilities of a documentary film editor? Please list at least two responsibilities and also give an example of a personality type a person could have that would make them a good documentary film editor.Critical Thinking QuestionsWhat are some personality characteristics that may be important for someone to have when choosing a career in Health Services? Why?What are some of the challenges that you think come with being in the entertainment industry? Explain.A large part of the Communication and Information career cluster probably didnt exist 100 years agowhich part in particular and why? Why might this aspect of the career cluster be one of the most important today?The unit discusses the word holistic in relation to childbirth. Can you think of any other areas of health and wellness that might have holistic approaches? Why might someone want to try a holistic approach?People who work in insurance claims or in a research lab work behind the scenes of healthcare and make so much possible for patients without getting much credit. Can you think of another career cluster or industry that also has people working behind the scenes without getting much credit? Why would someone choose to work behind the scenes? The Geologic Time Scale is a record of what?A. old geologistsB. sweet geology musicC. the known history of rocks and fossilsD. a list of every living thing ever Which set of numbers could represent the lengths of the sides of a right triangle?A: 8, 15, 17B: 7, 9, 11C: 12, 18, 22D: 10, 15, 20 Which statement would most likely come from someone who supported a unitary parliamentary government? This figure has rotational symmetry. What is true about the figure? Which is the graph y = (x + 2) squared minus 3 ?a.On a coordinate plane, a parabola opens down and goes through (negative 4, negative 5), has a vertex at (negative 2, negative 3), and goes through (negative 1, negative 5).b.On a coordinate plane, a parabola opens up and goes through (negative 3.75, 0), has a vertex at (negative 2, negative 3), and goes through (0, 1).c.On a coordinate plane, a parabola opens up and goes through (negative 4, 3), has a vertex at (negative 3, 2), and goes through (negative 1, 4).d.On a coordinate plane, a parabola opens up and goes through (negative 6, 0), has a vertex at (negative 4, negative 3), and goes through (negative 2, 1).Please select the best answer from the choices providedABCD 2. Describe an experiment to show that water is an oxide of hydrogen Please Help ASAP Due In Less Than 1 Min!No Links Kiran is recalling Easter egg hunts from her childhood. She remembers that there were 2 Easter egg hunts whereshe found 8 eggs each and 4 Easter egg hunts where she found 11leggs each. She also knows that she averaged11.6 eggs per Easter egg hunt. This information is summarized in the table below.Fill in the missing blank with the number of hunts where Kiran found 14 eggs. Help help help help please!!!! Please help, solve for x Help meeeeeeeee PLEASE Compare John Brown to Harriet Beecher Stowe. Be sure to address their feelings about slavery. what ingredients are needed to turn the cake mix into cake batter What type of abolitionist was John Brown?help Why Nepal is called a land of diversity? Tom grew three inches in one year. Which organ system was directly responsible for his growth spurt?A. Respiratory systemB. Digestive systemC. Circulatory systemD. Endocrine system, can u get this right?