Doug Pederson Corporation bases its predetermined overhead rate on machine-hours. Data for 2017 appear below: Estimated machine-hours 73,000 Estimated total manufacturing overhead $1,057,730 Actual machine-hours 74,900 Actual total manufacturing overhead $1,147,000 The predetermined overhead rate for 2017 was closest to:

Answers

Answer 1

Answer:

Predetermined overhead Absorption rate = $14.5 per machine hour

Explanation

Predetermined Overhead absorption rate(POAR) = Estimate overhead /Estimated machine hours

Estimated overhead = $1,057,730

Estimated machine  hours =73,000 hours

Overhead absorption rate = $1,057,730/73,000 hours =$14.48 per machine hour

Predetermined overhead Absorption rate = $14.5 per machine hour


Related Questions

7. IV flow rate (gtt/min) The nurse is caring for a client prescribed DSXNS IV to infuse at 125 ml/hr. There is a gravity set available with a drop factor of 15 gtt/ml. How many gtt/min will the nurse administer? gtt/min
8. Completion (infusion) time (using military time) The nurse is caring for a client prescribed DSLR IV at 100 ml/hr. The day shift nurse hangs a new 1-liter bag of DSLR at 100 ml/hr at 1100. At what time will a new bag of DSLR need to be hung? (Answer in military ti

Answers

7. To calculate the IV flow rate in gtt/min, the nurse needs to first convert the prescribed hourly rate of 125 ml/hr to ml/min by dividing by 60 (minutes in an hour). This gives a rate of 2.08 ml/min.

To determine the number of drops per minute, the nurse then multiplies the ml/min rate by the drop factor of the gravity set.

Which is 15 gtt/ml. This gives a flow rate of 31.25 gtt/min. Therefore, the nurse will administer 31.25 gtt/min for the DSXNS IV infusion.

8. To calculate the completion time for the DSLR infusion, the nurse needs to first determine the infusion rate in ml/min by dividing the prescribed hourly rate of 100 ml/hr by 60. This gives a rate of 1.67 ml/min. The nurse then needs to calculate the time it will take for the 1-liter bag to infuse by dividing the total volume of the bag (1000 ml) by the infusion rate (1.67 ml/min). This gives a completion time of approximately 600 minutes or 10 hours. Therefore, a new bag of DSLR will need to be hung at 2100 military time (11:00 + 10 hours = 21:00).

To know more about flow rate

https://brainly.com/question/27880305

#SPJ11

10 POINTS HELP HELP HELP

10 POINTS HELP HELP HELP

Answers

thank you for the points man ;)

In which scenario is an individual's behavior least likely to change?

a. The city of Saskatoon chooses to give its residents a penny for each soda can they recycle in an effort to promote environmental awareness.

b. In an effort to make people eat healthier, the city of Bakersville tells its residents to eat wheat bread instead of white bread.

c. A basketball team manages to sign a trio of famous basketball stars who then clamor for other players to come join their team to win a guaranteed championship.

d. The country of Ravamolk enacts a policy to fine companies 20% of their earnings if the safety standards in their factories do not reach acceptable work conditions.

Answers

b. In an effort to make people eat healthier, the city of Bakersville tells its residents to eat wheat bread instead of white bread.

In the other options, there are actual incentives/consequences for the thing they are trying to change. Without those, it’s more of a suggestion, and people are less likely to change without those incentives/consequences because it doesn’t directly affect them.

It’s like your mom saying “You should really do your homework.” versus “If you don’t do your homework, I’ll take your phone.” or “If you do your homework, you can have ice cream after dinner.” In this scenario, you are more likely to change with the incentives/consequences because it directly affects you.
Final answer:

An individual's behavior is least likely to change when merely informed of a healthier option, like in Scenario B, as there is no incentive or consequential action attached.

Explanation:

In the given scenarios, an individual's behavior is least likely to change in Scenario B where the city of Bakersville tells its residents to eat wheat bread instead of white bread. This scenario only involves information provision with no rewarding or punitive actions attached to induce behavior change, as compared to the rest of the scenarios. Behavioral change usually occurs when there are incentives or penalties associated with the action. For instance, in Scenarios A & D, Saskatoon and Ravamolk are using a reward technique and penalties respectively, as a trigger for behavioral change. Scenario C is using the appeal of fame and success to encourage change. But talking about bread choice without any consequential actions does not guarantee a behavior change.

Learn more about Behavioral Change here:

https://brainly.com/question/36615842

#SPJ2

Jeff sells the New York Times Sunday newspaper at a city corner near several churches. He sells each newspaper for $6.50 after purchasing them for $4.00. Any unsold newspaper can be returned to the New York Times for a $0.75 credit. Jeff expects demand on Sunday to be 75, 100, 125, or 150 newspapers and would like to order one of these four quantities from the New York Times. If the Jeff uses the minimax regret criterion, how many newspapers will he order

Answers

Answer:

0

Explanation:

Davis Hardware Company uses a perpetual inventory system. How should Davis record the sale of inventory costing $620 for $960 on account?A. Inventory 620Cost of Goods Sold 620Sales Revenue 960Accounts Receivable 960B. Accounts Receivable 960Sales Revenue 960Cost of Goods Sold 620Inventory 620C. Inventory 620Gain 340Sales Revenue 960D. Accounts Receivable 960Sales Revenues 620Gain 340

Answers

Answer:

B. Accounts Receivable 960

   Sales Revenue 960

   Cost of Goods Sold 620

    Inventory 620

Explanation:

Under perpetual inventory system the sale is recorded separately by sale value and the cost of the sold inventory is deducted from the inventory and added in the cost of goods sold.

Ne benefit of $340 (960-620) is automatically recorded and it will be measure at end of the period by formatting the income statement. It does not need to be recorded separately.

Required Rate of Return

Suppose rRF = 4%, rM = 9%, and rA = 12%.
Calculate Stock A's beta. Round your answer to one decimal place.
If Stock A's beta were 1.9, then what would be A's new required rate of return? Round your answer to one decimal place. %

Answers

Answer: See explanation

Explanation:

1. Based on the information given, Stock A's beta will be calculated below using the formula:

Required return = risk-free rate + Beta × (market rate- risk-free rate )

We then input in the values given into the formula which will be:

12 = 4 + Beta × (9-4)

Beta = (12-4) / (9-4)

Beta = 8/5

Beta = 1.6

Therefore, stock A beta = 1.6

2. If Stock A's beta were 1.9, then what would be A's new required rate of return?

This will be:

= 4 + [1.9 × (9-4)]

= 4 + (1.9 × 5)

= 4 + 9.5

= 13.5%

You charge $500 on each of your two credit cards.
One is American Express with an interest rate of 15.99%.
The other is Chase Sapphire with an interest rate of
20.99%. Assuming that you are only making the minimum
payment of $25 to each of the credit card companies,
which card will you pay off first

Answers

It is advisable to pay off the Chase Sapphire card first to minimize the overall interest paid.

To determine which credit card to pay off first, we need to consider the interest rates and the minimum payment amounts. Let's calculate the interest accrued on each card and compare the total amounts.

For the American Express card with a balance of $500 and an interest rate of 15.99%, the interest accrued per month would be (15.99/100) * (500) = $79.95. With a minimum payment of $25, the remaining balance after the payment would be $500 - $25 = $475.

For the Chase Sapphire card with a balance of $500 and an interest rate of 20.99%, the interest accrued per month would be (20.99/100) * (500) = $104.95. After making the minimum payment of $25, the remaining balance would be $500 - $25 = $475.

Comparing the two cards, we see that the interest accrued on the Chase Sapphire card is higher ($104.95) compared to the American Express card ($79.95). Therefore, it is advisable to pay off the Chase Sapphire card first to minimize the overall interest paid.

For more such questions on interest

https://brainly.com/question/30500391

#SPJ8

EXERCE1 Diffrentiate the legelities of private law and public law.​

Answers

The main difference between the two is that private law deals with the relationships between individuals, while public law deals with the relationship between individuals and the state.


Private law covers matters such as contracts, property rights, and torts. It provides a framework for individuals to conduct their personal and business affairs, ensuring that everyone is held accountable for their actions. Private law is enforced through the civil courts, where individuals can seek redress for any wrongs that have been committed against them.

Public law, on the other hand, deals with matters that affect society as a whole. It includes constitutional law, administrative law, and criminal law.

Public law sets out the rules and regulations that govern the relationship between individuals and the state, as well as the relationship between different branches of government. It is enforced through the criminal justice system, where individuals can be prosecuted for breaking the law.

In summary, the main difference between private law and public law is that private law governs the relationship between individuals, while public law governs the relationship between individuals and the state. Both are essential for maintaining order and ensuring that everyone is held accountable for their actions.

For more such questions on private law visit;

https://brainly.com/question/8858425

#SPJ11

Define monopoly is this correct answer

Answers

A monopoly is a market structure that consists of only one seller or producer. A monopoly limits available substitutes for its product and creates barriers for competitors to enter the marketplace. Monopolies can lead to unfair consumer practices.

explain the challenge of entrepreneurial education​

Answers

Answer:

Explanation: The challenge of entrepreneurial education is the fact that it involves teaching students the skills and knowledge necessary to start and run their own businesses. This includes teaching them about business strategy, marketing, financial management, and other practical skills. It also involves helping students develop the mindset and attitude necessary for success as an entrepreneur.

One major challenge is that entrepreneurial education often requires a hands-on, experiential approach, as it is difficult to learn these skills and attitudes simply through lectures and textbook readings. This can be difficult to implement in a traditional educational setting, as it requires resources and time that may not be available.

Another challenge is that entrepreneurship is a constantly evolving field, with new technologies, markets, and strategies emerging all the time. This means that the content of entrepreneurial education must be constantly updated and revised to stay relevant. This can be a time-consuming and resource-intensive process.

Finally, there is often a lack of agreement on the specific goals and outcomes of entrepreneurial education, which can make it difficult to design and measure the effectiveness of these programs. This lack of consensus can also make it difficult to secure funding and support for entrepreneurial education initiatives.

in 2019 the united states exported approximately ___ percent of all goods and services produced in the country.

Answers

In 2019 the united states exported approximately $1.6 trillion percent of all goods and services produced in the country.

In 2019, how much did the United States export?

The export of goods from the United States ranks second in the world. US goods exports to the rest of the world totaled $1.6 trillion in 2019, a decrease of $22.5 billion (1.4 percent) from 2018. Canada was the top buyer of US goods exported in 2019, accounting for 17.8% of the total.

Exports will rise in 2019. The top US exports are refined petroleum ($58.4 billion), crude petroleum ($52.3 billion), automobiles ($47.6 billion), integrated circuits ($44.2 billion), and petroleum gas ($34.7 billion). Canada ($218 billion), Mexico ($196 billion), China ($122 billion), Japan ($63.1 billion), and Germany ($59.2 billion) receive the majority of these exports. China has been the world's largest exporter of goods since 2009, with 2019 exports totaling $2.641 trillion. Both China's economy and exports have grown significantly.

Learn more about U.S. exported:

brainly.com/question/4806586

#SPJ4

Hector and Quinn have decided to form a partnership. Hector is going to contribute the following to the partnership:

Note payable as a bank loan for the new business

Machine

$ 16,000

$31,000

Cash

$10,900

Based on this information, Hector's beginning equity balance in the partnership will be:​

Answers

It can be noted that based on this information, Hector's beginning equity balance in the partnership will come to about $46,900.

What is equity?

To exact Hector's beginning equity balance in the partnership, we need to calculate the total value of his contributions.

Hector's contributions include derived as follows

Machine =  $16,000

Cash = $10,900

Let's assume the bank loan is $20,000 for this example.

Adding these we have

$16,000 + $10,900 + $20,000 = $46,900

Hence, Hector's beginning equity balance in the partnership would be $46,900.

Learn more about equity at:

https://brainly.com/question/11556132

#SPJ1

Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?

Answers

The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.

To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.

To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:

NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost

\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)

\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)

NPV = $3,913.04 + $3,537.41 - $7,800

NPV = -$350.55

For such more question on net loss:

https://brainly.com/question/28390284

#SPJ8

1. A requested task is subject to be reported when:
Requesting for a screenshot
When it is asking for 3 proofs
When it requests for email address to be submitted
The task requested promote violent and/or illegal activities

Answers

A requested task is subject to be reported when it promotes violent and/or illegal activities. This ensures that any content or actions that pose a threat or violate the law are appropriately addressed and handled. Reporting such tasks helps maintain a safe and secure environment for users and prevents the dissemination of harmful or unlawful content.

Promoting violent and/or illegal activities goes against community guidelines and ethical standards. By reporting such tasks, users can play an active role in upholding the rules and regulations of the platform or community they are a part of. Reporting serves as a mechanism for users to flag content or requests that could potentially harm individuals or society as a whole.

Requesting for a screenshot, asking for three proofs, or requesting an email address submission, on their own, may not necessarily warrant a report. These actions typically serve functional or practical purposes in various contexts. However, it is essential to assess the overall intent and impact of a requested task to determine whether it aligns with ethical standards and legal requirements. If a task requests actions that are potentially harmful or against the rules, it should be reported to the appropriate authorities or platform administrators for further investigation and appropriate action.

For more such answers on requested task

https://brainly.com/question/30042698

#SPJ8

why does call of duty make so much games?????

Answers

Answer:

because they want money why else

s

t

u

p

i

d

Explanation:

You remove an adult out of the water who
was floating face down and not moving.
They are unresponsive… What next?

Answers

Answer:

First of all, I think this is a dum question, but what you would (probably) do is give him/her CPR.

Explanation:

Common sense.

i think:

and don't worry)

Which of the following tips can help you engage the audience as you speak?
A. Budgeting time
B. Using notecards
C. Speaking quietly
D. Eye contact

Answers

Answer:

D. Eye Contact

Explanation:

The answer D. Eye contact because that is an essential thing to help you engage with your audience when you are doing a speech.

Answer:

D. eye contact

Explanation:

on edge

Which of the following is not included in the typical pattern of behavior for a poverty-stricken person?
a.
higher crime rate
c.
higher standard of living
b.
higher divorce rate
d.
higher chance of being a victim of crime

Answers

Answer:

its c

Explanation:

got it right on edge

A person is poverty-stricken if they are considered to be very poor. A higher standard of living is not a typical pattern of behavior for a poverty-stricken person.

Who is poverty-stricken poverty?

A poverty-stricken person suffers from the effects of extreme poverty: Some beggars are impoverished and homeless.

There are few jobs for farmers who have moved to cities from poverty-stricken areas in search of work.

It is characterized by excessive indulgence, low self-regulation, exploitation of others, and limited motivation and effort.

Therefore, Option B is the correct answer that is a higher standard of living is not a typical pattern of behavior for a poverty-stricken person.

To learn more about poverty-stricken person, refer:

https://brainly.com/question/9568773

#SPJ5

Jake discovers that no flood insurance rate map (FIRM) is available in Lower Riverton, where he has just purchased a home. However, he can obtain a flood hazard boundary map (FHBM) that

Answers

If Jake issued flood insurance on real estate situated in flood areas, an ideal insurable risk may have been violated as the loss should not be catastrophic.

What is flood insurance?

Flood insurance provides coverage for losses caused directly by flooding. Any buildup of water on typically dry terrain that impacts at least two acres of land or two or more properties is known as a flood.

For instance, the harm caused by a sewage backlog that resulted directly from flooding would be paid.

Thus, If Jake issued flood insurance on real estate situated in flood areas.

For more details about flood insurance, click here:

https://brainly.com/question/15842348

#SPJ1

Isabella and Antonio are auto mechanics. Isabella takes 6 hours to replace a clutch and 4 hours to replace a set of brakes. Antonio takes 8 hours to replace a clutch and 6 hours to replace a set of brakes. State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage.

Answers

Isabella has an absolute advantage in both clutch replacement and brake replacement due to her ability to complete each task in less time.

- Isabella also has a comparative advantage in both clutch replacement and brake replacement, assuming similar skills and pay rates.

How to determine the whether anyone has an absolute advantage at either task and, for each task

To determine absolute and comparative advantages in this scenario, we need to compare the productivity of Isabella and Antonio in replacing clutches and brakes.

Let's analyze the tasks:

1. Clutch Replacement:

- Isabella takes 6 hours.

- Antonio takes 8 hours.

Based on the time taken, Isabella has an absolute advantage in clutch replacement because she can complete the task in less time than Antonio.

2. Brake Replacement:

- Isabella takes 4 hours.

- Antonio takes 6 hours.

Again, based on the time taken, Isabella has an absolute advantage in brake replacement because she can complete the task in less time than Antonio.

Similar to clutch replacement, if we assume similar skills and pay rates, Isabella would also have a comparative advantage in brake replacement due to her ability to complete the task more quickly.

Comparative advantage is based on a comparison of opportunity costs, and without specific information about the trade-offs involved, we can infer that Isabella's ability to complete both tasks more quickly gives her a comparative advantage in both.

Learn more Comparative advantage at https://brainly.com/question/12291750

#SPJ1

Emily is planning for the operations of her sewing factory. She lists some financial particulars of the factory.

What are the gross margin and the amount of value-added tax (VAT, 5%) of her business?

Emily is planning for the operations of her sewing factory. She lists some financial particulars of the

Answers

Gross margin equals sales minus cost of goods, and VAT% can be deducted from gross profit.

How is the gross margin calculated?

In this case, total sales are $2000000, and the cost of goods is $1300000.

As cost of goods, we have rent, utility bills, manager salaries, sewer salaries, materials, advertising, and machine maintenance.

When we calculate the gross margin, we get (2000000-1300000) = $ 700000.

The formula for calculating gross margin percentage is sales-cost of goods/sales*100.

We get 35% is the gross margin percentage.

If we want to calculate the VAT%, we can subtract 5% (given) from the gross margin, which equals $35000.

To know more about Gross Margin visit :

https://brainly.com/question/22718027

#SPJ1

Which of the following are the main options generally considered by managers in location planning of existing companies?a. Outsource production to another company.b. Do nothingc. Shut down one location and move to anotherd. Expand existing facilities.e. Add new locations while keeping existing ones.

Answers

Make no move, Close down one place and relocate to another. enlarge current facilities While maintaining current ones, add new ones. instead of A , All of the aforementioned are true.

What is a manager's job description?

Manages personnel, plans, and assesses departmental operations in order to achieve departmental objectives. brings in, selects, onboards, and trains new recruits to maintain staff considers ensuring safety in the workplace, security, and legality a top focus. provide opportunities for personal growth.

How long do managers work?

meeting after meeting after meeting. Managers frequently oversee a certain department inside the company. This necessitates a number of meetings, including operational, 1:1 team sessions, project-specific, strategic, and ad-hoc meetings. The major problem with meetings was that they may take up a lot of time, leaving you with little time to complete your deliverables.

To know more about manager visit:

https://brainly.com/question/29023210

#SPJ4

geo corporation issues stock to investors for $100,000. recording this transaction will include which of the following?

Answers

Option A is Correct. Investors can purchase shares of Geo Corporation for $100,000. Credit common stock will be included in the transaction's records.

All of the transactions recorded using the double-entry bookkeeping system are compiled in a general ledger. Each transaction using this method impacts at least two different accounts; one account is debited and the other is credited. The total debit amount and total credit amount must always be equal.

The Guest Folio, sometimes referred to as the Guest Account Card, is regarded as the hotel's principal bill. Each resident guest's credit and cash purchases are recorded in their guest folio. The four components, namely income, expense, drawing, and capital accounts, may have an impact on the owner's equity. Revenue and owner investment are transactions that raise equity.

Learn more about geo corporation Visit: brainly.com/question/30429756

#SPJ4

Correct Question:

Geo corporation issues stock to investors for $100,000. recording this transaction will include which of the following?

A. Credit common stock.

B. Credit revenues.

C. Debit to cash.

D. Debit to retained earnings.

what are two nonmarket ways of distributing goods and services

Answers

Answer: Rationing and Black Market

If Amelia would like to double her money in twelve years, how much interest does she need to earn O 12 percent O 16.6 percent O 6 percent 10 percent​

Answers

Out of the given answer choices, the interest rate that Amelia needs to earn to double her money in twelve years is 16.6 percent.

To find out how much interest Amelia needs to earn to double her money in twelve years, we need to use the compound interest formula.

This formula is used to determine the future value of an investment based on the principal, the interest rate, the number of compounding periods, and the time involved.
The formula is as follows: FV = PV x (1 + r/n)^(n*t)where FV = future value, PV = present value (the amount of money Amelia currently has), r = annual interest rate, n = number of times the interest is compounded per year, and t = time in years.

To double her money, Amelia needs to have a future value that is twice her present value. Therefore, we can set FV = 2PV and solve for r.

2PV = PV x (1 + r/n)^(n*t)Dividing both sides by PV, we get:2 = (1 + r/n)^(n*t)

Taking the natural logarithm of both sides, we get: ln(2) = ln[(1 + r/n)^(n*t)]

Using the power rule of logarithms, we can simplify the right side of the equation to ln(2) = (n*t) ln(1 + r/n)

Dividing both sides by (n*t), we get:ln(2) / (n*t) = ln(1 + r/n)

Finally, we can solve for r by raising both sides as the power of e: e^(ln(2) / (n*t)) = 1 + r/n

Subtracting 1 from both sides and multiplying by n, we get:r = n x (e^(ln(2) / (n*t)) - 1)

Plugging in the values given, we get:r = n x (e^(ln(2) / (n*12)) - 1)

We don't know the value of n, so we can try each of the answer choices to see which one gives us a value of r that works.

Using a financial calculator or a spreadsheet program like Excel, we can calculate the values of r for each interest rate.

Using 12 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0956 or 9.56 percent

Using 16.6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.1407 or 14.07 percent

Using 6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0488 or 4.88 percent

Using 10 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0794 or 7.94 percent

For more such questions on interest rate

https://brainly.com/question/29451175

#SPJ8

Which country listed has the highest human development ranking?

Which 2 countries listed have very high GDP rankings, but much lower rankings in human development?

Which country has a lower GDP ranking and a lower HDI ranking?

Which country listed has the highest human development ranking? Which 2 countries listed have very high

Answers

Answer:

The answers to all 3 questions are:

1. Norway

2. China and India

3. Afghanistan

Explanation:

Just completed the 2020 Edge Assignment

The country that has the highest Human development Ranking is Norway and the nations that have very high GDP are china and India. The nation having low HDI is Afghanistan.

Waht is Huamn developnet Index ?

The HDI is a measure of human development that involves the human condition and capacity. The United Nations uses this measure to compare the nations of the world on the basis of standards of living, education, and focus on economic growth along with social justice. The top-ranking counties on the scale include Norway.

Find out more information about Human Development

brainly.com/question/1126017

Rayya company purchases a machine for $105000 on january 1, 2019. Straight-line depreciation is taken each year for four years assuming a seven-year life and no salvage value. The machine is sold on July 1, 2023, during its fifth year of service.

Required:
Prepare entries to record the partial year's depreciation on July 1, 2023 and to record the sale under each separate situation.

1. The machine is sold for $45,500 cash.
2. The machine is sold for $25,000 cash.

Answers

Answer:

                      Journal entry For Depreciation

Date        Account and explanation            Debit    Credit

July 1 Depreciation expense                 $7,500

                (105000/7)*6/12

                       Accumulated depreciation-Machine   $7,500

                 (To record Depreciation)

1)                     Journal entry

Date        Account and explanation                      Debit     Credit

July 1        Cash                                                     $45,500

                Accumulated depreciation-Machine  $67,500  

                        Machine                                                         $105,000

                        Gain on Sale of Machine                              $8,000

                (To record sale of Machine)  

2)                                 Journal entry

Date         Account and explanation                       Debit       Credit

July 1         Cash                                                      $25,000

                 Accumulated depreciation-Machine  $67,500

                  (105000/7*4.5)

                 Loss on sale of machine                      $12,500

                         Machine                                                            $105,000

                 (To record sale of Machine)

What is the relationship between the price of a product and the quantity supplied?

Answers

Answer:

There is a fundamental law in economics called the law of supply and demand. It states that when prices for one good increase, while the prices for other goods stay the same, quantity supplied increases and quantity demanded decreases. This relationship can be seen on a graph created by economists called "demand curve," where the curve slopes down and to the right.

Explanation:

In economics, the price of a product is determined by the intersection between supply and demand. Demand, of course, varies with factors including time of year and economic growth. Supply will also change with variations in weather conditions and fluctuations in crop production rates. In general, producers want to get as close to this point as they can without going over it where they’ll create more goods than people are willing to buy at that particular price point or time period. This fallacy would result in a surplus which could not be sold off on the market at all because customers do not have enough purchasing power for it even though it is being offered for sale too cheap.

Answer:

Price and quantity supplied move in the same direction; as price decreases, quantity supplied decreases and as price increases, quantity supplied increases.

Explanation:

Stephanie hires Jeff to provide and plant three lemon trees at her house in one week. Jeff agrees in writing to do the job for $400. Jeff never does it. Stephanie hires Elaine to do the exact same job but Elaine charges $1,000 and completes the work. Stephanie sues Jeff in Superior Court. How much compensatory damages will Stephanie be awarded?

Group of answer choices
A) $0
B) $1,000
C) $400
D) $600

Answers

The  amount of the compensatory damages that  Stephanie be awarded is: D) $600.

Compensatory damages

Using this formula

Compensatory damages=Amount elaine charges-Amount that Jeff charges

Let plug in the formula

Compensatory damages=$1,000-$400

Compensatory damages=$600

Therefore the correct option is D.

Learn more about Compensatory damages here:https://brainly.com/question/4395083


#SPJ1

Does a depression always follow a recession?
Yes, the trough is always considered a depression.
No, a depression is indicated when the recession is exceptionally long.
Yes, for recovery to occur, the trough must be reached.
No, the economy could decline quickly and bypass recession.

Answers

Answer: No, a depression is indicated when the recession is exceptionally long.

Explanation:

B.

Explain I don’t know js copied
Other Questions
What is the charge on an ion that has 10electrons, 12 protons, and 11 neutrons?a. 1+b. 2+C. 1-d. 2- Patty is inviting her friends to a party. She has 30 snack bars 45 juice boxed, and she wants to give the same number of each item to each friend. is copper metal mixed with water an: a) elementb) compoundc) heterogeneous mixtured) homogeneous mixture Using, the strategy clock, identify examples of organizations following strategic routes 1 to 5. If you find it difficult to be clear about which route is being followed, note down the reasons for this, and consider if the organizations have a clear competitive strategy. A student wants to report on the number of movies her friends watch each week. The collected data are below: 2 14 1 2 0 1 0 2 Which measure of center is most appropriate for this situation and what is its value? (4 points) a Median, 1.5 b Median; 3 c Mean, 1.5 d Mean; 3 What are the six functions of a root calculate your experimentally determined percent mass of water in manganese(ii) sulfate monohydrate. unrounded rounded experimentally determined percent mass of water f(t)=2tu(t)+6(t2)u(t2)5(t3)u(t3)+(t5)u(t5) How recreation and leisure evolve over the time Spheres A and B are touched together then separated. Sphere C is not involved in this step. What are the charges on the three spheres (and the total charge) after this step? A bag of tiles contains 6 green 4 yellow and 5 blue tiles. If one tile is pulled at random what is the probability of not choosing a green tile? Ed recently bought organically grown vegetables from Rango, an organic farmer. Ed provided Rango with a draft for the sum of money Rango demanded. Rango then used that draft to buy vegetable seeds from Mary. When Mary sought to claim her payment from Ed, Ed refused, claiming that Rango had sold him a batch of rotten vegetables. Mary sued Ed for breach of contract. After listening to all of the evidence presented by both sides, the court decided that Ed would be obligated to pay Mary, regardless of the quality of vegetables, if the draft met all of the requirements for negotiability. Although an instrument being negotiable is not sufficient to determine that it is enforceable, in this instance, the court assumed that such is the case. The court ruled in favor of Mary, and Ed was ordered to make the payment noted in the draft, as well as pay for Marys court fees. But what if the facts of the case were different? Select each set of facts below that could change the outcome of the case.Check All That Applya. The draft written by Ed stated that he would pay Rango by giving him 10 pounds of fruit instead of a sum of money.b. The draft stated that the "payment would be made 10 days after the specified date."The draft stated that the "payment would be made 10 days after the specified date."c. The court determined that the draft created by Ed explicitly indicated that it was created for the purpose of being transferred unconditionally.d. The draft had not been signed by Ed. Instead Ed had written the following on the draft: "I, Ed Philips, promise to pay Rango the sum of $100 on Friday, October 5, 2013." H/W12Date:Writing JunctionWrite telling sentences for each of these sentencesThe marshmallow will melt in the mouth like butter. Which is the graph of f(x)=4x ? assuming that each metal ion is 0.10 m, place the following hyrdroxide salts in order of precipitation with increasing ph. Using the picture, what caption corresponds with it? Question 4 options: A) Me gusta mucho dibujar B) Me gusta mucho correr C) Me gusta mucho bailar X=1-2y how would you solve this? what is 60% of 18 enter the box Assignment ZA: Legal and Organizational Structure . Weight ungraded but required . Due no later than 11:00 p.m. on Sunday of Unit 7 Objectives On successful completion of this assignment, students should be able to: prepare a financial plan with budget line items, . prepare pro forma financial statements, identify alternative sources of financing for a new venture, and . compare the roles of banks, government and venture capital in financing. Brief Description In this unit you will understand the importance of a financial plan based on your best knowledge of how your enterprise will start and operate for its initial period. More. importantly, this plan will help you determine how much money you will need to launch your business and operate it. Submission Instructions Submit a paper that addresses the following. 1. identify the legal structure for your organization. 2. Selecting the appropriate legal form of your business is an important first step. You should examine the legal obligations of your business and the need to meet laws and government regulations. These may encourage you to adopt a legal structure that reduces your liability exposure. Im pretty desprate! HELP ASAP!!!