Answer:
the trucking company recorded<em> a</em><em> </em><em>loss on disposal of $152,200 </em>when it sold the fleet of trucks.
Explanation:
Open the Truck Disposal T-Account as Follows:
Debits :
Cost $1,496,000
Totals $1,496,000
Credits:
Cash Receipt $56,800
Accumulated Depreciation $1,287,000
Profit and Loss (Balancing figure) $152,200
Totals $1,496,000
<em>Therefore, there was a loss on disposal of $152,200</em>
Katrine knew the best person for the job would have a college degree in English and work experience in the marketing communications field. Katrine is describing a job specification. Thus the correct answer is C.
<h3>What is Job specification?</h3>
A job specification is a set of attributes that a person should possess in order to be qualified for and succeed in a position. This clarifies a candidate's ability to accomplish the duties outlined in the job description.
Hiring managers can use job specifications to determine which qualities and requirements are most significant in an applicant. A candidate can determine whether they have the necessary experience, education, and traits to apply for a certain job by reviewing these job criteria.
A job specification is useful because it might reveal more about the talents a candidate will utilize in a role instead of the tasks they will complete.
Therefore, option C job specification is the appropriate answer.
Learn more about job specification, here:
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Answer:
$45 per unit.
Explanation:
The minimum transfer price is the price that is acceptable to the transferring division and out out of a range of acceptable prices, it is that price the would be the best for the company.
Min Transfer Price = Variable Costs - Internal Savings + Opportunity cost
= $22 + 15,100/15,100 × ($45-$22)
= $45
This goal is called a short term goal.
Answer:
The material purchase is $176,350
Explanation:
The computation of material purchase is to be done by applying the formula which is shown below:
= Direct material used + ending balance of direct materials - beginning balance of direct material
= $161,950 + $140,150 - $125,750
= $176,350
The other items which are mentioned in the question are irrelevant. Hence, it is not to be considered in the computation part.
