Metal X can dispose of unwanted materials quicker and is therefore a better reactant. Please mark Brainliest!!!
Answer:
<u>$215,000</u>
<u> $112,500,</u>
<u>gain,</u>
<u>$102,500</u>
Explanation:
Darla's <em>amount realized on the sale</em> is calculated by adding the dollar value of the building and lot received worth $200,000 plus + the cash of $25,000 in the exchange minus - her expenses on the trade which is the sales commissions to the real estate broker of $10,000;
$200,000 + $25,000 - $10,000 = $215,000.
The <em>adjusted basis in the assets sold </em>is (original cost of current location-Depreciation on the facility) $150,000 - $37,500 = $112,500.
Since the <em>amount realized on the sale</em> is greater than the <em>original cost of current location </em>the exchange produced a realized gain.
The realized gain is (Darla's <em>amount realized on the sale) </em>$215,000 - $112,500 (<em>adjusted basis in the assets sold)</em> = $102,500
Answer:
C) COLA plus 2.4%
Explanation:
COLA stands for cost of living increase. It refers to the amount that Social Security benefits increase according to inflation rate. This way the Social Security payments should not lose purchasing power against rising inflation, because if inflation rises, the COLA will also increase.
In this case, Nancy's union negotiated an agreement by which the union members' salaries would be 2.4% higher than COLA increases, so they will be 2.4% higher than inflation rate.
Answer:
$12,800
Explanation:
This can be calculated as follows:
November sales in unit = 64,000
Since Wisdom Toys requires that 20% of the next month’s sales in units are on hand at the end of each month, we have:
Number of video games in inventory at October 31 = November sales in unit * 20% = 64,000 * 20% = 12,800
Therefore, 12,800 video games in inventory at October 31.
Answer:
133.33%
Explanation:
The computation of the predetermined overhead rate is shown below:
Predetermined overhead rate = Total overhead cost ÷ direct labor cost
where,
Total overhead cost is $200,000
And, the direct labor cost is $150,000
Now placing these values to the above formula
So, the predetermined overhead rate is
= $200,000 ÷ $150,000
= 1.33%
We simply applied the above formula
