stock co uses a job costing system the following debts appeared in stock work in process account for the month of april balance 4300 direct materials 26,4000 rate of 80% direct labor of 2300 what was the amount og direct materials charged to job no 5

Answers

Answer 1

Answer:

See below

Explanation:

The above information is incomplete. Concluding part from similar question is seen below.

Direct labor $16,000

Factory overhead $12,800

To finished goods ($48,000)

Therefore, the amount of direct materials charged to job is computed as;

= Balance + Direct materials + Direct labor + Factory overhead - Finished goods

= $4,300 + $26,400 + $16,000 + $12,800 - $48,000

= $11,500

The next step is to deduct the job Still in work in process charged with direct labor.

= $11,500 - $2,300

= $9,200

Hence, the amount of direct materials charged to job no 5 is $9,200


Related Questions

Assume the total cost of a college education will be $184,061 when your child enters college in 19 years. You presently have $49,327 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child's college education? Enter answer as 3 decimal places (e.g. 0.123)

Answers

Answer:

Interest rate = 0.9313

Explanation:

Future value or the cost of edcuation after 19 years = $184061

Present value, money in hand at present = $49327

Time period, n = 19

Future value = Present value (1 + r)²

184061 = 49327 (1 + r )²

(1 + r )² = 184061 ÷ 49327

(1 + r )² = 3.73

(1 + r) = √3.73

(1 + r) = 1.9313

r = 1.9313 - 1

r = 0.9313

Or Interest rate = 0.9313

Coronado Industries has the following costs when producing 100000 units: Variable costs $600000 Fixed costs 900000 An outside supplier has offered to make the item at $4.50 a unit. If the decision is made to purchase the item outside, current production facilities could be leased to another company for $178000. The net increase (decrease) in the net income of accepting the supplier’s offer is

Answers

Answer:

Particulars                                                Amount

Saving in variable costs                          $600,000

Add: Income from lease                          $178,000

Less: Purchase price (100000*$4.50)   ($450,000)

Increase (Decrease) in net income       $328,000

Thus, net income would increase by $628,000.

Tradable permits are likely to result in less inefficiency, relative to a pollution tax, when ... a. the marginal costs of damages are steep and the marginal costs of pollution reduction are relatively stable. b. the marginal costs of damages are steep and the marginal costs of pollution reduction are steep. c. the marginal costs of damages are relatively stable and the marginal costs of pollution reduction are relatively stable. d. the marginal costs of damages are relatively stable and the marginal costs of pollution reduction are steep. e. the marginal costs of damage are elastic and the marginal costs of pollution reduction are also elastic.

Answers

Answer:

a. the marginal costs of damages are steep and the marginal costs of pollution reduction are relatively stable.

Explanation:

Pollution can be defined as the physical degradation or contamination of the environment through an emission of harmful, poisonous and toxic chemical substances.

Offset trading refers to a type of trading system that is typically designed for the realization of more efficient pollution control.

This ultimately implies that, an offset trading is a strategic program that allows emerging business firms to pay existing business firms in order to significantly reduce their emissions or pollutants below a specific standard.

Free market in tradable pollution permits simply means giving manufacturing companies and individuals the legal right to pollution of the environment. For example, XYZ company is purchasing the permit of 500 units of carbon dioxide (CO2) pollution annually, this simply means it is permitted to pollute the environment by 500 units of CO2 annually.

Additionally, a free market in tradable pollution permits has some sort of benefits as companies can resell their unused permits or devise a cheaper means of reducing pollution. It also compensate companies that significantly reduces its pollution of the environment.

A pollution tax can be defined as a type of tax imposed on business firms that causes pollution and damages to the environment. It is also referred to as Pigovian tax which is a tax on goods with negative externality.

Hence, tradable permits when compared with pollution tax are likely to result in less inefficiency, when the marginal costs of damages are steep and the marginal costs of pollution reduction are relatively stable.

Several artists in Charleston, South Carolina, show and sell their work in an art gallery downtown. The gallery is owned by an art lover who does not buy the paintings but displays the work of various artists. She collects a percentage on each piece sold. In terms of the marketing channel, the gallery is Multiple Choice an ultimate consumer. a manufacturer. a wholesaler. an agent. a clearinghouse.

Answers

I’d believe an agent. Have an amazing dog sorry if it’s wrong

"Standard Cost Data per 1 Unit Quantity Price Direct Material 3 lbs $2.00/lb Direct Labor 2 hrs $4.00/hr Actual Data: Units produced 20 Material purchase 100 lbs at $2.25 per lb Material usage 90 lbs Direct Labor 30 hrs; total cost $123 Compute all standard costs and variances for DM & DL. Show all computations."

Answers

Answer and Explanation:

The computation is shown below:

The Standard cost for 20 units is  

Material (20 units × 3lbs × $2lb) $120

Direct labor (20 units  × 2lbs × $4) $160

Total standard cost $280

Now  

Direct material price variance = (Actual price -Standard price) × Actual quantity

= (2.25-2.00) × 90

=22.5 Unfavorable

Direct material quantity variance = (Actual quantity- Standard quantity) × Standard price  

=(90-20x3) × 2

= $60 unfavorable  

Direct material cost variance =Direct material price variance + Direct material quantity variance

=22.5 UF+$60UF

=82.50UF

Direct labor Rate variance = (Actual rate -Standard rate)  × actual hours  

= (4.10-4.00) × 30 hrs

= $3 Unfavorable  

Actual rate = $123 ÷ 30 hrs

= $4.10

Direct labor Quantity variance = (Actual hours -Standard hours ) × Standard rate

=(30-20 × 2) × 4

=$40 favorable  

Direct labor cost variance =Direct labor Rate variance+Direct labor Quantity variance

=$3 unfavorable  + $40 favorable  

=$37 favorable

Eve shops at Mrs. G's Grocery because it is located right near her place of work. Although Mrs. G's prices are higher than Walmart's, Eve is willing to pay more because she can easily pick up groceries on her way home from work. The convenience Eve received was well worth the extra money; this is an example of _______.

Answers

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Value.

b) Hedonic value.

c) Utilitarian value.

d) Perceived value.

And the correct answer is the option D: Perceived value.

Explanation:

To begin with, in the field of marketing the term known as "Perceived Value" refers to the type of value that the customer receives when comparing the product of the company with those of the competitors and seeing that he or she is willing to pay more for that product because of what the customer receives in exchange of it. In this case, Eve is willing to pay extra money due to the fact that she sees the convenience of close by store that allows her to not waste time and buy fast so that is a well example of perceived value.

The convenience that  Eve received was well worth the extra money, hence, it is an example of Perceived value.

In marketing, a Perceived Value refers to the type of value that the customer receives when comparing the product of the company with those of the competitors.

Hence, the convenience that  Eve received was well worth the extra money, hence, it is an example of Perceived value.

Read more about Perceived value

brainly.com/question/5945636

Your company has an opportunity to invest in a project that is expected to result in after-tax cash flows of $7,000 the first year, $9,000 the second year, $12,000 the third year, -$8,000 the fourth year, $19,000 the fifth year, $25,000 the sixth year, $28,000 the seventh year, and -$6,000 the eighth year. The project would cost the firm $47,300. If the firm's cost of capital is 18%, what is the modified internal rate of return

Answers

Answer:

The modified internal rate of return is 15.67%.

Explanation:

Note: See the attached excel file for the calculation of the total present value of the after-tax cash flows.

From the attached excel file, we have:

Total present value of the after-tax cash flows = $40,332.66

The modified internal rate of return (MIRR) can be calculated using the following formula:

MIRR = (PV / Outlay)^(1/n) * (1 + r) - 1……………….. (2)

Where;

PV = Total present value of the after-tax cash flows = $40,332.66

Outlay = Absolute value of cost of the project = $47,300

r = cost of capital = 18%, or 0.18

n = number of years = 8

Substitute the values into equation (1) to have:

MIRR = ($40,332.66 / 47,300)^(1/8) * (1 + 0.18) - 1 =  0.1567, or 15.67%

Therefore, the modified internal rate of return is 15.67%.

What is the purpose of using predetermined overhead rates: Variation in cost assignment due to short-term variations in volume can be prevented Delays in product costing can be avoided Variation in cost assignment due to seasonality can be prevented. All of the answers are correct.

Answers

Answer:

All of the answers are correct.

Explanation:

At the beginning of the accounting period a pre-determined overhead is computed by dividing the estimated overhead production by the estimated basis of operations. The default overhead rate is then applied to manufacturing, so that the standard cost for a product may be calculated

The purpose of using pretermined overhead rates are

Delays in product costing can be avoided

Variation in cost assignment due to seasonality can be prevented

Variation in cost assignment due to short-term variations in volume can be prevented

The Use of predetermined overhead rates serves all the above purposes

Hence, all answers are correct.

You have deposited $1,200 into an account that will earn an interest rate of 8% compounded semiannually. How much will you have in this account at the end of 10 years

Answers

Answer:

$2,629.35

Explanation:

The amount in future for the dollar invested today is known as the Future Value (FV)

We can simply calculate the Future Value using a Financial Calculator as follows :

PV = - $1,200

PMT = $0

P/YR = 2

I = 8 %

N = 10 x 2 = 20

FV = ??

Therefore,

The Future Value (FV) will be $2,629.35

You will have $2,629.35 in this account at the end of 10 years.

Chin purchases five protein bars at a price of $3 each. The marginal benefit he receives from each bar is $5 for the first bar, $4.50 for the second bar, $4 for the third bar, $3.50 for the fourth bar, and $3 for the fifth bar. The marginal cost of producing the bars is $2 each. What is Chin's total consumer surplus from the five bars that he purchased

Answers

Answer:

$5

Explanation:

For airlines that sell flights from New York City to Boston, Amtrak trains are primarily a __________ Group of answer choices Potential entrant Buyer Supplier Rival Substitute product

Answers

Answer: rival

Explanation:

For airlines that sell flights from New York City to Boston, Amtrak trains are primarily a rival.

A rival in a business environment simply refers to ones competitor. In this case, the companies are all in the same industry and competes against each other, seeks competitive advantage over one another and seeks to capture a bigger market.

Use the following information to answer this question.
Bayside, Inc. 2010 Income Statement ($ in thousands)
Net sales $ 6,020
Less: Cost of goods sold 4,240
Less: Depreciation 325
Earnings before interest and taxes $ 1,455
Less: Interest paid 29
Taxable Income $ 1,426
Less: Taxes 499
Net income $ 927
Bayside, Inc. 2009 and 2010 Balance Sheets ($ in thousands)
2009 2010 2009 2010
Cash $ 80 $ 185 Accounts payable $ 1,445 $ 1,745
Accounts rec 940 780 Long-term debt 760 550
Inventory 1,560 2,010 Common stock $ 3,125 $ 3,020
Total $ 2,580 $ 2,975 Retained earnings 820 1,070
Net fixed assets3,570 3,410 Total assets $ 6,150 $ 6,385
Total liab. & equity$ 6,150 $ 6,385
What is the equity multiplier for 2010?
a) 0.52
b) 2.11
c) 2.04
d) 1.04
e) 1.56

Answers

Answer:

The correct option is e) 1.56.

Explanation:

Note: The data in this question are merged together. The complete question with the sorted data is therefore provided before asnwering the question. See the attached pdf file for the complete question with the sorted data.

The explanation of the answer is now provided as follows:

The equity multiplier can be described as a financial leverage ratio gives a measure of the total assets of a company that is financed by the shareholders of the company. This can be calculated using the following formula:

Equity multiplier = Total assets / Total Shareholder's Fund ........... (1)

Where, for Bayside, Inc. in 2010, we have:

Total assets = $6,385

Total Shareholder's Fund = Common stock + Retained earnings = $3,020 + $1,070.00 = $4,090

Substituting the figures into equation (1), we have:

Equity multiplier = $6,385 / $4,090 = 1.56

Therefore, the equity multiplier for 2010 is 1.56 and the correct option is e) 1.56.

What is the importance of computer applications in the business domain? How Computer applications support businesses to work ubiquitously? Give valid reasoning with examples.

Answers

Answer:

Explanation:

The importance of computer applications in the business domain is that it allows for the automatization of daily tasks. This is also the reason why businesses that implement such applications are able to work ubiquitously. The software applications are designed to automate all of the tasks that the business needs and perform them quickly and efficiently, if a certain task is not able to be automated then the software still makes completing the task by only requiring user input for the absolutely necessary parts of the task. One example of this would be a logistics application for businesses where inventory is automatically calculated as sales go through and automatically replenished by sending inventory requests to suppliers.

Many restaurants do not take reservations. You simply arrive and wait your turn. If you arrive at 7:30 in the evening, you have at least an hour wait. Notwithstanding that fact, a few people arrive, speak quietly with the maître d’, hand him some money, and are promptly seated. At some restaurants that do take reservations, there is a month wait for a Saturday evening, three weeks for a Friday evening, two weeks for a Tuesday through Thursday, and virtually no wait for Sunday or Monday evening. How do you explain these events using demand and supply?

Answers

Many restaurants are misleading you

Vista Company installed a standard cost system on January 1. Selected transactions for the month of January are as follows.
1. Purchased 18,400 units of raw materials on account at a cost of $3.90 per unit. Standard cost was $3.80 per unit.
2. Issued 18,400 units of raw materials for jobs that required 18,100 standard units of raw materials.
3. Incurred 16,000 actual hours of direct labor at an actual rate of $4.10 per hour. The standard rate is $4.60 per hour. (Credit Factory Wages Payable).
4. Performed 16,000 hours of direct labor on jobs when standard hours were 16,190.
5. Applied overhead to jobs at the rate of 100% of direct labor cost for standard hours allowed.
Journalize the January transactions.

Answers

Answer:

1. Dr Raw Materials Inventory $69,920

Dr Materials Price Variance $1,840

Cr Accounts Payable $71,760

2. Dr Work in Process Inventory $68,780

Dr Materials Quantity Variance $1,140

Cr Raw Materials Inventory $69,920

3. Dr Factory Labor $73,600

Cr Labor Price Variance $8,000

Cr Factory Wages Payable $65,600

4. Dr Work in Process Inventory $74,474

Cr Labor Quantity Variance $874

Cr Factory Labor $73,600

5. Dr Work in Process Inventory $143,254

Cr Manufacturing Overhead $143,254

Explanation:

Preparation of the anuary transactions

1. Dr Raw Materials Inventory $69,920

(18,400*$3.80)

Dr Materials Price Variance $1,840 [18,400 x ($3.90 - $3.80)]

Cr Accounts Payable $71,760

($69,920+$1,840)

2. Dr Work in Process Inventory $68,780

(18,100*$3.80)

Dr Materials Quantity Variance $1,140 [$3.80 x (18,400 - 18,100)]

Cr Raw Materials Inventory $69,920

(18,400*$3.80)

3. Dr Factory Labor $73,600

($16,000*$4.60)

Cr Labor Price Variance $8,000

[16,000 x ($4.10 - $4.60)]

Cr Factory Wages Payable $65,600

(16,000*$4.10)

4. Dr Work in Process Inventory $74,474

(16,190*$4.60)

Cr Labor Quantity Variance $874 [$4.60 x (16,000 - 16,190)]

Cr Factory Labor $73,600

($8,000+$65,600)

5. Dr Work in Process Inventory $143,254

($68,780+$74,474)

Cr Manufacturing Overhead $143,254

if potential output declines while actual output remains unchanged, what does the Taylor rule imply that policymakers should do to the fed funds rate

Answers

Answer:

Increased

Explanation:

In the case when there is a fall in the potential output and at the same time the actual output remains the same so here the fund rate should be increased as per the taylor rule as it decrease the output that result in the output gap to fall

So as per the given situation, the fed fund rate should be increased

Hence, the same is to be increased

please share me answer​

Answers

Answer:

Explanation:

debit Unearned Revenue   200

credit        Revenues                   200

To realize one month of insurance premium revenue

The law of increasing opportunity costs Multiple Choice applies to land-intensive commodities but not to labor-intensive or capital-intensive commodities. results in straight-line production possibilities curves rather than curves that are bowed outward from the origin. may limit the extent to which a nation specializes in producing a particular product. refutes the principle of comparative advantage.

Answers

Answer:

may limit the extent to which a nation specializes in producing of a particular product.

Explanation:

Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.

Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.

For instance, if you decide to invest resources such as money in a food business (restaurant), your opportunity cost would be the profits you could have earned if you had invested the same amount of resources in a salon business or any other business as the case may be.

The law of increasing opportunity costs can be defined as a principle in business which states that, if an organization or business firm continually raise (increase) its level of production, its opportunity cost also increases (rises).

Consequently, this may limit the extent to which a nation or country in any part of the world specializes in producing of a particular product so as to reduce or lower its opportunity cost.

A major U.S. manufacturer of children's toys believes its main competitive advantage lies in its continuing the creation of innovative toys and games. The company is facing increasing competition on price, and it is strongly considering outsourcing to offshore firms as a means of reducing costs. The LAST function this firm should consider outsourcing is: Group of answer choices research and development. operations. supply-chain management. distribution.

Answers

Answer:

research and development

Explanation:

Since in the given situation, it is mentioned that the company faced the increased in the competition and also it considered an outsourcing in order to offshore the firm so that the cost can be minimized so here the last function the firm should considered outsourcing is the research and development as there is the outsourcing so there would be the research and development also it deals with innovation & introduction of new products & services

About 5​% of hourly paid workers in a region earn the prevailing minimum wage or less. A grocery chain offers discount rates to companies that have at least 30 employees who earn the prevailing minimum wage or less. Complete parts​ (a) through​ (c) below. ​

a. Company A has 285 employees. What is the probability that Company A will get the​ discount? ​(Round to four decimal places as​ needed.)
b. Company B has 502 employees. What is the probability that Company B will get the​ discount? ​(Round to four decimal places as​ needed.)
c. Company C has 1033 employees. What is the probability that Company C will get the​ discount? ​(Round to four decimal places as​ needed.)

Answers

Answer:

a. 0.0000

b. 0.1841

c. 0.9992

Explanation:

a. n = 285

p = 5% = 0.05

μ = np = 285 x 0.05

= 14.25

we fnd the standard deviation

sd = √np(1-p)

= [tex]\sqrt{285*0.05*0.95}[/tex]

= 3.6793

we find the z score

x = 30-0.5 = 29.5

[tex]z=\frac{29.5-14.25}{3.6793} \\= 4.14[/tex]

using the microsoft excel function

1-NORMSDIST(4.14)

probability = 1 -0.999982

= 0.0000

b.

n = 502

p = 0.05

np = 502x0.05

= 25.1

sd = [tex]\sqrt{np(1-p)}[/tex]

= [tex]\sqrt{502*0.05*0.95} \\= 4.8831[/tex]

x = 29.5

[tex]z = \frac{29.5-25.1}{4.8831} \\= 0.90[/tex]

1 - NORMSDIST(0.90)

= 1 - 0.815939875

PROB = 0.1841

c. n = 1033

p = 0.05

np = 1033*0.05

= 51.65

sd  [tex]\sqrt{np(1-p)} \\= \sqrt{1033*0.05*0.95}[/tex]

= 7.0048

x = 29.5

[tex]z=\frac{29.5-51.65}{7.0048} \\= -3.16[/tex]

probability =

1 - normsdist(-3.16)

= 1 - 0.000788846

= 0.9992

Supposed you have had 10 apples. You gave 4 apples to your friend for Christmas. What portion of the initial amount did you give away? (use similar formatting to the dollar amount, strictly decimals, no other signs or characters)

Answers

Answer:

The portion of the initial amount that was given away is:

= 0.40

Explanation:

a) Data and Calculations:

Number of apples available = 10

Number of those apples given to a friend for Christmas = 4

The portion given away = 4/10 = 0.4

This represents 40% of the whole.

b) The portion given away to the friend for Christmas is a proportion of the whole.  In this case, it represents just 40% of the 10 apples.  This means that only 60% or 0.60 of the original apples are still available or on hand because 40% had been given away.

Assume that you purchase a 6-year, 8% savings certificate for $1,000. If interest is compounded annually, what will be the value of the certificate when it matures?

Answers

Answer:

$1,586.87

Explanation:

Rate (I/Y) = 8.00%

Period (N) = 6

Amount (PV) = 1000

PMT = 80

Annual compounding type

Using the MSExcel function to solve for FV.

Future value = FV(Rate, Nper, Pmt, -Pv, 0)

Future value = FV(8%, 6, 80, 1000, 0)

Future value = $1586.87432294

Future value = $1,586.87

So, the value of the certificate when it matures will be $1,586.87.

Kahn Performance Nutrition produces a protein shake that contains whey protein as one of its ingredients. The whey protein (materials) standards for each batch of protein shake produced are 12 pounds of whey protein at a standard cost of $3 per pound. During July, Kahn Performance Nutrition purchased and used 54,000 pounds of whey protein at a total of $170,000 to make a total of 4,300 batches of protein shake. What is the materials quantity variance for whey protein in July?

Answers

Answer:

The correct answer is "-$7200 (Unfavorable)".

Explanation:

Given:

Actual quantity,

= 54000 pounds

Standard price,

= $3 per pound

Standard quantity,

= [tex]4300\times 12[/tex]

= [tex]51600 \ pounds[/tex]

As we know,

⇒ [tex]Material \ quantity \ variance=(Standard \ quantity-Actual \ quantity)\times Standard \ price[/tex]By substituting the values, we get

⇒                                          [tex]=(51600-54000)\times 3[/tex]

⇒                                          [tex]=(-2400)\times 3[/tex]

⇒                                          [tex]=-7200 \ (Unfavorable)[/tex]

A company purchased $3,300 worth of merchandise. Transportation costs were an additional $290. The company returned $230 worth of merchandise and then paid the invoice within the 3% cash discount period. The total cost of this merchandise is:

Answers

Answer:

the total cost of the merchandise is $3,267.90

Explanation:

The computation of the  total cost of this merchandise is shown below;

Purchase $3,300

Less Purchase return -$230

Purchase less return $3,070

Less: discount at 3% on $3,070 -$92.10

Net purchase cost $2,977.90

Add: transportation $290

Total cost $3,267.90

hence, the total cost of the merchandise is $3,267.90

What will appear under a misspelled word in Word Online?

An arrow
A zigzag line
An exclamation point
A bold line

Answers

Answer:

A red Zigzag line

Explanation:

I think

A zigzag line

Explanation:

You bought a bond five years ago for $804 per bond. The bond is now selling for $770. It also paid $55 in interest per year, which you reinvested in the bond. Calculate the realized rate of return earned on this bond. (Do not round intermediate calculations. Round your percentage answer to 2 decimal places. (e.g., 32.16))

Answers

Answer:

the rate of return is 6.09%

Explanation:

the computation of the realized rate of return earned on this bond is shown below:

Given that

NPER is 5

PMT is $55

PV is $804

FV is $770

The formula is shown below:

=RATE(NPER,PMT,-PV,FV,TYPE)

After applying the above formula, the rate of return is 6.09%

a sale is made at a lumber company for goods costing a total of $13,359 (which includes 9.5% sales tax). in the books of the lumber company revenue should be credited for what amount

Answers

Answer:

$12,200

Explanation:

Sales including sales tax = $13,359

Sales tax rate = 9.5%

Let the sales be = $X

Sales tax payable = Sales * Sales tax rate

Sales tax payable = X * 9.5%

Sales tax payable = 0.095X

Sales + Sales tax = Sales including sales tax

X + 0.095X = 13,359

1.095X = 13,359

X = 13,359/1.095

X = $12,200

So, Sales = $12,200. Thus, in the books of the lumber company, Revenue should be credited for $12,200

For most​ firms, the cost of capital decreases to a low point as the firm​ ________ debt financing. At some point beyond this optimal​ level, the cost of capital increases as the amount of debt​ ________.

Answers

Answer:

increases; decreases

Explanation:

In accounting, cost of capital can be regarded as cost of a company's funds which are "debt and equity" . It could also be from an investor's point of view "the required rate of return required on existing securities" of company's portfolio . cost of capital is utilized in

evaluation of new projects of a company. Debt financing which is regarded as one that take place when there is a raise of money by a company through the selling of debt instruments to investors. Debt financing takes place when fixed income products like bonds is sold by a firm. It should be noted that For most​ firms, the cost of capital decreases to a low point as the firm​ increases debt financing. At some point beyond this optimal​ level, the cost of capital increases as the amount of debt​ decreases

The December 31, 2016 balance sheet of Jensen Company showed Equipment of $76,000 and Accumulated Depreciation of $18,000. On January 1, 2017, the company decided that the equipment hasa remaining useful life of 6 years with a $4,000 salvage value. Compute the depreciable cost of the equipment. Depreciable cost Compute the revised annual depreciation.
Revised annual depreciations

Answers

Answer:

A. $54,000

B. $9,000

Explanation:

A. Computation for the depreciable cost of the equipment

Book value, 1/1/17 $58,000

($76,000 – $18,000)

Less salvage value $4,000

Depreciable cost $54,000

($58,000-$4,000)

Therefore the depreciable cost of the equipment is $54,000

B. Computation for the revised annual depreciation

Revised annual depreciation = $54,000÷6 years

Revised annual depreciation = $9,000

Therefore the revised annual depreciation is $9,000

Gibson Electronics identifies licensees in various countries who produce and sell the company's products in their countries in return for a royalty fee on every unit sold. Gibson Electronics’ approach is risky because of the problems associated with:_______
a. increased production costs.
b. doing business in a different culture where the rules of the game may be very different.
c. an increase in transportation costs, especially for those products that have a low value-to-weight ratio.
d. the possibility of an increase in trade barriers such as import tariffs or quotas.
e. sharing valuable technological know-how with a potential competitor.

Answers

Answer:

E) sharing valuable technological know-how with a potential competitor.

Explanation:

From the question we are informed about Gibson Electronics who identifies licensees in various countries who produce and sell the company's products in their countries in return for a royalty fee on every unit sold. Gibson Electronics’ approach is risky because of the problems associated with sharing valuable technological know-how with a potential competitor. Technological know-how in organization can be regarded as sets of knowledge as well as skills which is developed by that participants and is used to guide the acquisition as well as creation, and operation of computer-based systems which gives enablements or brings about facilitation of the performance of business processes, sharing this with competitors in business could be dangerous potential competitors can embrace it to move their business forward which will affect the owner of the Technological know how Businesses in the market.

Other Questions
hey! ill give brainliest please help solve for 5 + 6f > 8f -7linear inequalities Ill mark as brainliest. Advertising expenses are a significant component of the cost of goods sold. Listed below is a frequency distribution showing the advertising expenditures for 63 manufacturing companies located in the Southwest. The mean expense is $50.63 million and the standard deviation is $11.48 million. Is it reasonable to conclude the sample data are from a population that follows a normal probability distribution? The diameter of a cone-shaped storage tank is 14 feet and it's height is 9 feet. Find the volume of liquid the tank can hold. Round your answer to the integer, if necessary. Use the approximate of value of /pi , that is 3.14. Which of the following was not taken into consideration in order to accurately interpret nonverbal behavior? You are telling your friend about something important in your life. It's a serious moment. Suddenly, your friend glances over your shoulder and bursts out laughing. You're shocked and you immediately ask your friend how he could laugh at something so serious. You are Hari Singh from "The Thief's Story". On your way home from work, you were pickpocketed. Thankfully, a student from the nearby neighborhood school noticed and chased down the thief who returned you your wallet. Write a letter of commendation in 100-120 words to the student's principal, conveying the incident and your gratitude to the teenager. Anil said im not feeling well change into reported speech The Executive Branch includes the Supreme Court.Choose best answerO TrueO False what is one advantage of offshoring? A sound wave is given by thefollowing equation:y = 6 sin(324pi t)where t = time in secondsHow many cycles will occurbetween t= 3 and t = 5.5 seconds? 24% of what is 25? Round to the nearest tenth. which ones out of the three are no solution?1. 10 + 6x = 15 + 9x 3x2. 11 + 3x 7 = 6x + 5 3x3. 11 + 3x 7 = 6x + 5 3x Twice a number is 14. What is the number Jacob bought some supplies for his lemonade stand. He purchased lemons for $4.85, sugar for $3.16, containers for $18. Taxes were included in all the prices. How much money did Jacob spend on all his purchases? Where does an avocado plant get carbon atoms to make proteins? *AirWaterSoilSunlight is 0.45 greater than 0.5 What are the solutions to the equation x2 + 4x 12 = 0? O A. x = -6 and x = 2 O B. x= -4 and x= 3 O C. X=-3 and x = 4 D. x = -2 and x = 6 What is one major disadvantage of executive orders? Help me please! (20 characters long)