CAAT Traders acquired machinery on 1 July 20.18 for an amount of R175 300. This machinery was only available for use from 1 September 20.18 due to massive tests that needed to be performed first. CAAT Traders’ current financial period ends on 31 May 20.19. According to CAAT Traders’ accounting policy, depreciation on machinery is provided using the unit of production method over it’s the useful life of 5 years according to the following production schedule:
The amount for depreciation expenses to be shown in the statement of profit or loss and other comprehensive income for the year ended 31 May 20.19 will be … (round off your final answer to the nearest Rand)

Answers

Answer 1

The depreciation expenses to be shown in the statement of profit or loss and other comprehensive income for the year ended (31-05-2019) is R26,295.

What is depreciation?

Depreciation can be defined as a process in which the monetary (financial) value of an asset decreases or falls over time, especially due to wear and tear.

How to determine the depreciation expenses?

First of all, we would calculate the expected number of units produced by CAAT as follows:

Expected number of units produced = 15,000 + 13,000 + 11,000 + 10,500 + 10,500

Expected number of units produced = 60,000.

Mathematically, the depreciation expenses is given by:

Depreciation expenses = Actual units produced/expected units produced × cost price

Substituting the given parameters into the formula, we have;

Depreciation expenses = 9,000/60,000 × 175,300

Depreciation expenses = R26,295.

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Related Questions

Which asset is the most liquid?
A. A certificate of deposit
B. An individual retirement account
C. Commercial real estate
D. Residential real estate

Answers

The asset that is the most liquid is a certificate of deposit. This is further explained below.

What is a certificate of deposit?

Generally, a certificate of deposit is simply defined as depositors who put money in the bank for a certain period of time being given a certificate of deposit.

In conclusion, The  asset that  is the most liquid is  a certificate of deposit

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__________________________

Answers

Answer:

ano yan wala namang question ehh

The revenues and expenses of Up-in-the-Air Travel Service for the year ended April 30, 2017, follow:
Fees earned
$1,870,000
Office expense
343,000
Miscellaneous expense
21,000
Wages expense
1,115,000
Prepare an income statement for the year ended April 30, 20Y7. Be sure to complete the statement heading. Refer to the lists of Accounts in
the information given, Labels, and Amount Descriptions for the exact wording of the answer choices for text entries. Enter amounts as
positive numbers unless the amount is a calculation that results in a negative amount. For example: Net loss should be negative. Expenses
should be positive. A colon (:) will automatically appear if it is required.

Answers

The  income statement for the year ended April 30, 20Y7 is $391,000.

Income statement

Up-in-the-Air Travel Service Income statement for the year ended April 30, 2017

Revenue:

Fees earned $1,870,000

Expenses:

Office expense $343,000

Miscellaneous expense $21,000

Wages expense $1,115,000

Total expenses $1,479,000

Net income $391,000

($1,870,000-$1,479,000)

Therefore the net income is $391,000.

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Becker and Riaan Nursery owes Big Nursery Suppliers an amount of R35 000. Due to tough economic conditions, Becker & Riaan Nursery had to resort to providing services on credit and their clients owe them R45 000. Becker & Riaan Nursery also owns equipment to the value of R15 000 and had an unfavourable bank account balance of R20 000.

What is the net worth (equity) of Becker & Riaan Nursery on 28 February 20.2?

Answers

The net worth (equity) of Becker and Riaan Nursery on February 28, 2022, is $5,000.

What is net worth (equity)?

The net worth (equity) represents the excess of financial and non-financial assets over the liabilities of the entity.

Sometimes, an entity or individual may have a negative net worth.  Negative net worth shows that the liabilities exceed the assets.

Data and Calculations:

Accounts Payable (Big Nursery Suppliers) = R35,000

Accounts Receivable = R45,000

Equipment = R15,000

Bank overdraft = R20,000

Assets:

Accounts Receivable = R45,000

Equipment = R15,000

Total assets = R60,000

Liabilities:

Accounts Payable (Big Nursery Suppliers) = R35,000

Bank overdraft = R20,000

Total liabilities = R55,000

Net Worth (excess of assets over liabilities or equity) = R5,000 (R60,000 - R55,000)

Thus, the net worth (equity) of Becker and Riaan Nursery on February 28, 2022, is $5,000.

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Bullors Inc., an apparel manufacturer, prices its products low by selling them only through factory outlets. Therefore, Bullors apparels can neither be bought online nor from any superstores. Which of the following channels is Bullors Inc. using for the distribution of its products?

1. A retailer channel

2. A broker channel

3. A direct channel

4. A wholesaler channel

Answers

The channel that Bullors Inc is using for the distribution of its products is a direct channel

What is distribution?

It should be noted that distribution simply means the way that the goods reach the final consumers.

In this case, the channel that Bullors Inc is using for the distribution of its products is a direct channel sine it's through the company directly

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Prepare a statement of retained earnings in proper form for White Corporation

Answers

The Retained earning for White Corporation is $5,200 for the year ended December 31, 2012.

What is retained earning?

After deducting all of a company's overhead expenses, income taxes, and profits for shareholders, the amount of profit left over is known as retained earnings.

Following is the statement of retained earning for White Corporation-

Retained Earning      $2,000

    less(Dividend)         -$800

              Balance  =    $1,200

 add(Net income)     +$3000

add (Rent Expense)  +$1,000

Retained earning   =   $5200

Therefore, the Retained earning for the year ended on December 31, 2012 of White Corporation will be $5200.

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The place where buyers and sellers interact is called a _____.

A. market segmentation

B. market share

C. market

D. target market

Answers

Answer:

Market

Explanation:

I had this question so I know hope this helps!

Answer: The other person was correct give them brainiest.

Explanation:

Exercise Answer the following questions 1. What is teaching? Write.​

Answers

Answer:

Teaching can be defined as engagement with learners to enable their understanding and application of knowledge, concepts and processes. It includes design, content selection, delivery, assessment and reflection

Explanation:

mark me as a brilliant

In the scenario from question 1, no product was lost or consumed so the net balance remained the same. Why would an organization need to account for location changes of their inventory? Provide a Mathematical example to support your rationale.

Answers

Organization need to account for location changes of their inventory because the control of Inventory helps them to know the amount of inventory  that they have.

What is inventory location?

An Inventory locations is known to be seen as places where inventory is said to be saved and where it is distributed.

Note that Organization need to account for location changes of their inventory because the control of Inventory helps them to know the maximum amount of profit as it is gotten from the least amount of investment in stock without influencing customer satisfaction.

Therefore, Profit = Amount of  stocks available - inventory sold.

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What impact does interest have on the cost of the purchases you make when
using credit?
A. Interest can cause the overall cost of your purchases to increase.
B. Interest can cause the overall cost of your purchases to decrease.
C. Interest has no impact because most credit cards do not charge
interest.
D. Interest has no impact because it is separate from the actual
purchase prices.

Answers

Answer:

the answer to this question is letter a because interest will increase the cost if not paid on time

Hugo Munsterberg is known as

Answers

Answer:

A Famous German Psychologist

Answer:

A physiologist.

Explanation:

"Hugo Münsterberg was a German-American psychologist" (Wikipedia.) I hope this helps! :)

According to the research presented in the article, how does stress affect memory of consequences?

Answers

Can we please see the article you are referring too. So we can answer it

Ex

It is more challenging to learn when under stress because people find it more challenging to form short-term memories and convert those short-term memories into long-term memories. Stress can have an impact on the kinds of memories we create.

How does stress affect memory of consequences?

Acute and long-term alterations brought on by stress can harm some parts of the brain. The most common memory impairment caused by excessive stress hormone production is long-term delayed recall memory, although it can also improve short-term, instant recall memory. This improvement is most noticeable in emotional memory.

According to the research analyzed, stress does affect retrieval in healthy young men, especially when it is introduced with the TSST in the afternoon and up to 45 minutes before the start of the final memory test.

Studies have shown a bidirectional association between stress and memory. Stress can impact memory formation and retrieval, and traumatizing memories can trigger stress.

Thus, It is more challenging to learn when under stress.

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What is a common way to purchase an automobile?

Answers

Answer: with cash.. or you can set a loan

Explanation:

explain how mobile commerce provides easy access to stores to society

Answers

I think it’s 20 x 345

Every line manager is a HR Manager-explain?

Answers

Answer:

assists managers with recruitment, motivation and maintaining employees within the organisation

S
Select the correct text in the passage.
Which sentence describes equilibrium in supply and demand?
A cell phone manufacturing company decided to use a price-skimming strategy to enter the market. It set the price of its phones at $450. However, a range of other
premium smartphones was already available in the market, and thus the product did not achieve a good demand. Eventually, when the price of the phone fell to $300,
demand for the product increased and profits began to soar. Now, market research suggests that if the company reduced its price to $275, the quantity demanded would
also rise. The rise in demand was predicted to be 30 percent. However, a profit study revealed that to increase demand, it would have to compromise on profits. Thus, the
company decided to leave the price at $275. This would help them gain enough customers to make a profit while also manufacturing enough phones to meet demand.

Answers

The statement "Eventually, when the price of the phone fell to $300, demand for the product increased and profits began to soar." describes an equilibrium in supply and demand.

What is an equilibrium in supply and demand?

This refers to a situation whereby there is a balance in market supply and demand balance which as a result prices become stable.

Because there is a fall in phone price made the demand for the product increased and profits began to soar, this is an example of an equilibrium process.

Therefore, the Option C is correct.

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A one-year insurance policy was purchased on June 1 for $1,920. Journalize the adjusting entry required on December 31. If an amount box does not require an entry, leave it blank.
Dec. 31
- Select - - Select -

- Select - - Select -

Answers

The adjusting entry will be $1120 for the insurance expense. The insurance expense will be debited while the prepaid balance is credited.

How to calculate the insurance expense?

From the information given the insurance expense will be;

= $1920 × 7/12

= $1120

The prepaid balance will also be $1120. Therefore, the adjusting entries will be to debit and credit the amount of $1120.

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An incomplete cost of goods manufactured schedule is presented below.

Complete the cost of goods manufactured schedule for Riverbed Company. Assume all raw materials are direct materials.

Work in process (1/1)
$222,600
Direct materials
Raw materials inventory (1/1)
$enter a dollar amount
Add: Raw materials purchases
168,000
Total raw materials available for use
enter a total of the two previous amounts
Less: Raw materials inventory (12/31)
24,500
Direct materials used
$190,800
Direct labor
enter a dollar amount
Manufacturing overhead
Indirect labor
19,600
Factory depreciation
37,900
Factory utilities
72,600
Total overhead
130,100
Total manufacturing costs
enter a total amount for the first part
Total cost of work in process
enter a total amount for all two parts
Less: Work in process (12/31)
85,600
Cost of goods manufactured
$572,400

Answers

Completing the Cost of Goods Manufactured Schedule for Riverbed Company is as follows:

Cost of Goods Manufactured Schedule

Work in process (1/1)                             $222,600

Direct materials:

Raw materials inventory (1/1)                 $ 47,300

Add: Raw materials purchases              168,000

Total raw materials available for use $215,300

Less: Raw materials inventory (12/31)     24,500

Direct materials used                          $190,800

Direct labor                                          $114,500

Manufacturing overhead:

Indirect labor                 19,600

Factory depreciation   37,900

Factory utilities             72,600

Total overhead                                       130,100

Total manufacturing cost                  $658,000

Total cost of work in process           $658,000

Less: Work in process (12/31)                85,600

Cost of goods manufactured            $572,400

What is the Schedule of Cost of Goods Manufactured?

The Schedule of Cost of Goods Manufactured shows the costs of:

Beginning Work in ProcessRaw materials usedDirect laborOverheadLess Ending Work in Process.

Thus, the Schedule of Cost of Goods Manufactured for Riverbed Company shows that the cost of goods manufactured for the period is $572,400.

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Briefly summarize the concept of the division of labour. What does Smith think is good about the division of labour?​

Answers

Answer:

the division of labor was a way to make laboring the old times more fair in a way

Explanation:

The amount you pay monthly, quarterly, semiannually or annually to purchase different types of insurance.

Answers

Answer:

the amount you pay for different types of insurance is called a premium.

Each marketing function occurs _____ a product or service is developed and sold.

A. one time

B. two times

C. every time

D. none of the above

Answers

Each marketing function occurs every time a product or a service is developed and sold in the market.

What is a marketing function?

A marketing activity, which is essential for the transfer of goods from place of origin to the place of consumption in the market, is known as a marketing function. It is a continuous process.

Hence, option C holds true regarding a marketing function.

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The number one job a health inspector has is making sure which of the following happens?

Answers

Answer:

B. Food being served is safe.

Explanation:

In this case, a health inspector's job is to ensure that equipment are sterilized and that the place is following environmental and health laws.

In the case of creating food, a health inspector's job would be to ensure that the place is processing food correctly, creating food that, when consumed, is not toxic to the human body, and that they follow mandatory governmental guidelines for environmental, societal, and individual health.

~

In a two-player, one-shot simultaneous-move game each player can choose strategy A or strategy B. If both players choose strategy A, each earns a payoff of 500. If both players choose strategy B, each earns a payoff of 100. If player 1 chooses strategy A and player 2 chooses strategy B, then player 1 earns 0 and player 2 earns 650. If player 1 chooses strategy B and player 2 chooses strategy A, then player 1 earns 650 and player 2 earns 0.
a) Write the above game in normal form.
b) Find each player’s dominant strategy, if it exists.
c) Find the Nash equilibrium (or equilibria) of this game.
d) Rank strategy pairs by aggregate payoff (highest to lowest).
e) Can the outcome with the highest aggregate payoff be sustained in equilibrium? Why or why not?

Answers

Answer:

a) The normal-form game with the two-player, one-shot, simultaneous–move game with each player choosing strategy A or strategy B along with the possible outcome is given by: (see attached image)

b) Dominant strategy is the strategy of a player which provides maximum payoff to the player irrespective of other player's actions.

Player 1 dominant strategy =  when he chooses strategy B

Player 2 dominant strategy = when he chooses strategy B

c) Nash equilibrium is the strategy set of the players in which no individual player can be better off by deviating from their own strategy, given the other player's strategy.

Strategy A is the Nash equilibrium

d) AA  = $800

   AB , BA = $700

   BB = $400

e) Yes because the Nash equilibrium is the same as the highest ranking strategy pair (AA  = $800)

c. To maintain its enviable position Kohl’s Corporation added other product lines that are of interest to their target market. Identify a y three of them.

Answers

To maintain its enviable position Kohl’s Corporation rebranding and introduction of new products can be done.

How do we maintain positioning in market?

It is important to make some atrategic decision-makers to improve a particular Companies performance.

Rebranding of a particular products and introduction of new products are ways to improve productivity.

Therefore, To maintain its enviable position Kohl’s Corporation rebranding and introduction of new products can be done.

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What is TRUE about permanent life insurance?

Answers

Because permanent (whole) life insurance protects the insured for their entire life, premiums are due each year until the insured dies. This may prove to be expensive when the insured is retired, and does not earn an income. The correct answer is: The premium-paying period may extend beyond the income-earning years.

When a company chooses to market a product in certain parts of the country but not in others because consumer preferences of one region differ from another region is known as _____.

A. geographic segmentation

B. price segmentation

C. demographic segmentation

D. time segmentation

Answers

When a company chooses to market a product in certain parts of the country but not in others because consumer preferences of one region differ from another region, it is known as geographic segmentation.

What are consumer preferences?

The products or commodities, which are demanded by consumers in a specific quantity at a given price due to the utility it brings to an individual consumer, is known as a consumer preference.

Hence, option A holds true regarding consumer preference.

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Which of the
following
statements
would be true if
there was a large
immigrant
population
coming into the
country?

A. The will be a
shortage of workers.
B. There will be a
surplus of workers.
C. Unemployment will
decrease.
9

Answers

Answer:

B...................................

The answer and the best answer of all answers is b

A order comes in for two bean burritos and one crunchy taco the starter starts grilling the
tortilla...what should the finisher do

Answers

Answer:

assembling them

Explanation:

An order comes in for two bean burritos and one crunchy taco the starter starts grilling the tortilla. Assembling is the best move. This is further explained below.

What is Assembling?

Generally, to assemble in one area for a shared objective.

In conclusion, The starter begins grilling the tortilla as an order comes in for two bean burritos and one crispy taco. It's smartest to band together.

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can u solve this plsss​

Answers

The main reason why the Japanese liberalized the bank mergers in Japan was to protect the economy and prevent an economic crash.

What is Financial Liberalization?

This refers to the removal of regulatory control in the financial sector to promote economic growth.

The government of Japan faced an economic crash that threatened to cripple the economy due to stock market crash, failing banks, etc and there was the use of risk-based capital to try and prevent this, amongst other solutions.

Hence, we can see that the key aspects of the liberalization program were:

MergersAcquisitions.

The key criticism of the program is that it failed to address the scale of the problem and the solution was only short-term.

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Stockholders, employees and environmentalists are examples of stakeholders whose interests

Answers

Stockholders, employees and environmentalists are examples of stakeholders whose interests often conflict.

What is conflict?

Conflict refers to the disagreement among the two individual or the group which occurs due to the difference in the ideas, thoughts, attitudes, understanding and interest or opinion.

The interest of the stockholders, employees and environmentalist often tends to conflict because stockholders wants the company to maximize the profits as much as possible, employees wants to increase salary and promotion.

Environmentalist wants to industrialist ans other stockholders to show some concern over the environment and spend some of their earnings in for the environmental growth.

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