Solare Company acquired mineral rights for $682,200,000. The diamond deposit is estimated at 37,900,000 tons. During the current year, 3,440,000 tons were mined and sold. a. Determine the depletion rate. $fill in the blank 8b76ed03a04eff1_1 per ton b. Determine the amount of depletion expense for the current year. $fill in the blank 8b76ed03a04eff1_2 c. Journalize the adjusting entry to recognize the depletion expense. If an amount box does not require an entry, leave it blank.

Factors like the unemployment rate,the stock market,global trade,economic policy,and the economic situation of other countries have no influence on the financial status of individuals. true or false

The direct labor budget of yuvwell corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: 1st quarter 2nd quarter 3rd quarter 4th quarterbudgeted direct labor-hours 11,200 9,800 10,100 10,900the company uses direct labor-hours as its overhead allocation base. the variable portion of its predetermined manufacturing overhead rate is $6.00 per direct labor-hour and its total fixed manufacturing overhead is $80,000 per quarter. the only noncash item included in fixed manufacturing overhead is depreciation, which is $20,000 per quarter.required: 1. prepare the company’s manufacturing overhead budget for the upcoming fiscal year.2. compute the company’s predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year.

According to the naeyc curriculum is effective when all of the following occur except