Question and answer
Question not found
Ask a question
Not a good answer? Get an answer now. (Free)
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
The cost of an asset and its fair market value are __________. A. the same on the date of acquisition B. never the same C. the same when the asset is sold D. irrelevant when the asset is used by the business in its operations
Weegy: The cost of an asset and its fair market value are the same on the date of acquisition. User: The cost of an asset and its fair market value are __________. A. the same on the date of acquisition B. never the same C. the same when the asset is sold D. irrelevant when the asset is used by the business in its operations Weegy: The cost of an asset and its fair market value are the same on the date of acquisition. User: One of Astro Company's activity cost pools is machine setups, with estimated overhead of $150,000. Astro produces sparklers (400 setups) and lighters (600 setups). How much of the machine setup cost pool should be assigned to sparklers? A. $90,000 B. $150,000 C. $60,000 D. $75,000 Weegy: The machine setup cost pool should be assigned to sparklers is [ $60,000. ] User: The cost principle is the basis for preparing financial statements because it is __________. A. the most accurate measure of purchasing power B. a conservative value C. relevant and objectively measured, and verifiable D. an international accounting standard Weegy: The cost principle is the basis for preparing financial statements because it is relevant and objectively measured, and verifiable. User: Which one of the following items is not generally used in preparing a statement of cash flows? A. Additional information B. Adjusted trial balance C. Comparative balance sheets D. Current income statement Weegy: B. Adjusted trial balance is not generally used in preparing a statement of cash flows. (More)
Question
Expert Answered
Asked 4/6/2013 2:53:51 PM
0 Answers/Comments
Sam's Used Cars uses the specific identification method of costing inventory. During March, Sam purchased three cars for $6,000, $7,500, and $9,750, respectively. During March, two cars are sold for $9,000 each. Sam determines that at March 31, the $9,750 car is still on hand. What is Sam’s gross profit for March?
Weegy: D. $4,500 is Sam?s gross profit for March User: These are selected account balances on December 31, 2008. Land (location of the corporation's office building) $100,000 Land (held for future use) 150,000 Corporate Office Building 600,000 Inventory 200,000 Equipment 450,000 Office Furniture 100,000 Accumulated Depreciation 300,000 What is the net amount of property, plant, and equipment that will appear on the balance sheet? A. $950,000 B. $1,300,000 C. $1,600,000 D. $1,100,000 Weegy: B) $1,300,000 is the net amount of property, plant, [ and equipment that will appear on the balance sheet ] User: The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals: Income Statement Balance Sheet Dr. Cr. Dr. Cr. Totals $58,000 $48,000 $34,000 $44,000 Closing entries are necessary for __________. A. permanent or real accounts only B. permanent accounts only C. both permanent and temporary accounts D. temporary accounts only Weegy: C. permanent or real accounts User: These are selected account balances on December 31, 2008. Land (location of the corporation's office building) $100,000 Land (held for future use) 150,000 Corporate Office Building 600,000 Inventory 200,000 Equipment 450,000 Office Furniture 100,000 Accumulated Depreciation 300,000 What is the net amount of property, plant, and equipment that will appear on the balance sheet? A. $950,000 B. $1,300,000 C. $1,600,000 D. $1,100,000 Weegy: Weegy: C. $1,600,000 User: As Plant Controller, you are trying to determine which costs over which you have the most control on a day to day basis. Your goal is to achieve better profitability. The Plant Operations Manager suggests that overhead is the easiest area to directly reduce costs. Which of the following items would be classified as manufacturing overhead? A. The western division’s vice president’s salary B. Factory janitor C. Cost of landscaping the ... (More)
Question
Expert Answered
Asked 4/6/2013 2:37:13 PM
0 Answers/Comments
When, in a particular market, the law of demand and the law of supply both apply, the imposition of a binding price ceiling in that market causes quantity demanded to be __________.
Weegy: When, in a particular market, the law of demand and the law of supply both apply, the imposition of a binding price ceiling in that market causes quantity demanded to be greater than quantity supplied. (More)
Question
Not Answered
Updated 58 days ago|9/24/2014 7:20:54 AM
0 Answers/Comments
18,404,993 questions answered
Popular Conversations
A product is
11/20/2014 6:12:42 PM| 8 Answers
Which equation below is a direct variation? A. 1/6x=y B. x + 2 = ...
Weegy: An example of a quadratic equation is y = x^2 - 5 User: The value of y varies directly with x, and y = 4 ...
11/20/2014 7:27:37 AM| 4 Answers
3x + 1 User: Factor 25x 2 + 10x + 1.
Weegy: the answer is (1+5 x)^2 User: The length of a rectangle is 3 more than twice the width. The area of the ...
11/21/2014 9:59:24 AM| 4 Answers
x^3-4x^2+4x-16
Weegy: x^3 + 4x^2 - 4x - 16.. Solution: - > (x^3 + 4x^2) - (4x + 16) - > x^2(x + 4) - 4(x + 4) - > (x^2 - 4)(x + ...
11/20/2014 8:21:10 AM| 3 Answers
0.0872
Weegy: Scientific notation of 0.0872 is 8.720 10^-2. User: 0.48 Weegy: what you need to know my friend? User: ...
11/20/2014 6:57:30 AM| 2 Answers
Which equation below is a direct variation? A. B. x + 2 = y C. y ...
Weegy: The equation of the line that passes through the points ( 2, 2) and (0, 5)is B. y = 3/2x + 5 User: The value ...
11/20/2014 7:40:11 AM| 2 Answers
The legs of a right triangle have lengths of 4 and 5 units. Find the ...
Weegy: The length of the hypotenuse of a right triangle whose legs are 3 and sqrt 2 is sqrt [3^2 + (sqrt 2)^2] = sqrt ...
11/20/2014 9:03:43 AM| 2 Answers
Is the ordered pair (0,5) a solution of the system of linear ...
Weegy: yes, the ordered pair (0,5) a solution of the system of linear equations: x + y = 5 -5x + 2y = 10. 0 + 5 = 5, ...
11/20/2014 9:19:10 AM| 2 Answers
Weegy Stuff
S
L
1
L
P
C
1
P
C
1
L
P
C
1
Points 2193 [Total 13904]| Ratings 10| Comments 2093| Invitations 0|Offline
S
L
Points 1203 [Total 3489]| Ratings 0| Comments 1203| Invitations 0|Offline
S
L
Points 659 [Total 1180]| Ratings 6| Comments 599| Invitations 0|Offline
S
1
L
1
L
P
P
L
P
Points 648 [Total 14022]| Ratings 0| Comments 648| Invitations 0|Offline
S
Points 370 [Total 402]| Ratings 1| Comments 360| Invitations 0|Offline
S
1
L
L
Points 211 [Total 6605]| Ratings 0| Comments 211| Invitations 0|Offline
S
L
Points 146 [Total 1442]| Ratings 3| Comments 116| Invitations 0|Offline
S
Points 50 [Total 50]| Ratings 0| Comments 0| Invitations 5|Offline
S
Points 46 [Total 46]| Ratings 3| Comments 6| Invitations 1|Offline
S
Points 40 [Total 40]| Ratings 4| Comments 0| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.