Relevant information is information you can’t trust-This statement is False because Relevant means that is something that makes sense or is important -So the statement holds False
Explanation:
Relevant information is the information that an individual require to perform a given task.
For example in order to write a program the person needs all the relevant information related to the program that is to written like the value of the variable,the format of the output required.
The term Relevant means "of Importance"
If a information required is very important then it can be obtained only through proper research work and hence it can be trusted
so we can say that-the statement that relevant information is information you can’t trust-is False
Answer:
What's the question or is this a statement?
Explanation:
?
Answer:
$2080
Explanation:
Given: Cost of generator= $11000.
Residual value= $1000.
Estimated life of generator= 5000 hours.
Actual activity performed during the period= 1040 hours.
Now, finding the depreciation expense for the first year using the units-of-activity method.
Formula;
⇒ Depreciation expense=
Opening parenthesis
⇒ Depreciation expense=
⇒ Depreciation expense=
Hence, the depreciation expense for the first year using the units-of-activity method of depreciation is $2080.
Answer:
C. 30 comma 000 units
Explanation:
Inventory to be produced = Sales +ending inventory - Beginning inventory
= 26,000 + 8,000 -4,000
=30,000 Units (Answer is C. 30 comma 000 units ).
Answer:
a. Smooth Move should REJECT the order
b) Net loss from accepting the order $ (7,500)
Explanation:
Relevant costs are future incremental cash costs that arise as a direct consequence of a decision.
The relevant cash flows of this decision include the following:
- Variable cost of production -(3.10 +2.25 +1.15) + $0.20= $6.7 per unit
- Cost of additional machine - $12,000.
- Sales revenue from the special offer
$
Sales revenue from special offer (15,000×$7.00) = 105,000
Variable cost (15,000× $6.7) (100,500)
Cost of additional machine - <u> (12,000)</u>
Net loss from accepting the order <u> (7,500)</u>