Business, 17.09.2019 21:30, ednalovegod
A) depreciation on the company's equipment for 2017 is computed to be $16,000.b) the prepaid insurance account had a $9,000 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of the company’s insurance policies showed that $900 of unexpired insurance coverage remains. c) the office supplies account had a $540 debit balance on december 31, 2016; and $2,680 of office supplies were purchased during the year. the december 31, 2017, physical count showed $637 of supplies available. d) one-fourth of the work related to $11,000 of cash received in advance was performed this period. e) the prepaid insurance account had a $5,100 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of insurance policies showed that $4,200 of coverage had expired. f) wage expenses of $5,000 have been incurred but are not paid as of december 31, 2017.prepare adjusting journal entries for the year ended (date of) december 31, 2017, for each of these separate situations.
Answers: 3
Business, 22.06.2019 19:40, jair512872
Lauer corporation uses the periodic inventory system and has provided the following information about one of its laptop computers: date transaction number of units cost per unit 1/1 beginning inventory 210 $ 910 5/5 purchase 310 $ 1,010 8/10 purchase 410 $ 1,110 10/15 purchase 255 $ 1,160 during the year, lauer sold 1,025 laptop computers. what was cost of goods sold using the lifo cost flow assumption?
Answers: 1
Business, 22.06.2019 20:30, smarty5187
(30 total points) suppose a firm’s production function is given by q = l1/2*k1/2. the marginal product of labor and the marginal product of capital are given by: mpl = 1/ 2 1/ 2 2l k , and mpk = 1/ 2 1/ 2 2k l . a) (12 points) if the price of labor is w = 48, and the price of capital is r = 12, how much labor and capital should the firm hire in order to minimize the cost of production if the firm wants to produce output q = 18?
Answers: 1
Business, 23.06.2019 02:00, zymikaa00
Upper a fish farm raises salmon and trout. a fish farm raises salmon and trout. the marginal cost of producing each of these products increases as more is produced. draw the firm's ppf. label it ppf1. the fish farmfish farm adopts a new technology that allows it to use fewer resources to feed the salmonfeed the salmon. draw a ppf that shows the impact of the new technology. label it ppf2.
Answers: 2
A) depreciation on the company's equipment for 2017 is computed to be $16,000.b) the prepaid insuran...
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