On December 31, Strike Company has decided to discard one of its batting cages. The equipment had an initial cost of $208,900 and has accumulated depreciation of $188,010. Depreciation has been recorded up to the end of the year. Which of the following will be included in the entry to record the disposal?A. Accumulated Depreciation Dr. $310,000 B. Loss on Disposal of Asset Dr. $260,000 C. Equipment Cr. $310,000 D. Gain on Disposal of Asset Cr. $50,000

Which of the following best explains why a large company can undersell small retailers? a. large companies can offer workers lower wages because they provide more jobs. b. large companies can pay their employees less because they do unskilled jobs. c. large companies can negotiate better prices with wholesalers. d. large companies have fewer expenses associated with overhead.

Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?

Reagan corporation is a wholesale distributor of truck replacement parts. initial amounts taken from reagan's records are as follows: