Answer:
The soft drink costs more when purchased in a can.
The can is $0.044 more per ounce than the bottle.
Explanation:
From the information in the question:
Price for a 12-oz can = 75 cents = $0.75
Price for a 2-liter bottle = $1.25
To find the cost per ounce for the can = $0.75 divided by 12
= $0.0625 per ounce
For the bottle:
Total ounces contained = 2 × 1.057 × 32 oz [As 1.0 L = 1.057 qt, 1 qt = 32 oz]
= 67.648 oz
Thus,
Cost per ounce for the bottle = $1.25 divided by 67.648 oz
= $0.0185 per ounce
Consequently,
The soft drink costs more in a can.
Price difference = $0.0625 per ounce - $0.0185 per ounce
= $0.044 per ounce
Therefore,
The can is $0.044 more expensive than the bottle.
36.) A
37.) uncertain, possibly D
40.) A
Answer: For an explanation, please refer to the explanation section
Explanation:
recording a journal entry for Patel Products selling a delivery van priced at $20,000 with accumulated depreciation totaling $18,000, while receiving $2,000 cash from the buyer, results in:
December 29, 2019
Account title----- Cash----------Debit $2,000
Account title----Accumulated Depreciation-----Debit $18,000.
Account title------Delivery Van ----Credit $20,000
The equipment's book value at the sale was $2,000, reflecting its original cost of $20,000 adjusted by the accrued depreciation of $18,000. Since Patel received the same $2,000 from the sale of the delivery van, there is no profit from the disposal.
