Answer:
What is the budgeted cash received from customers?
Explanation:
cash received from customers = total sales revenue + beginning accounts receivable - ending accounts receivable
- total sales revenue = 20,000 x 205 = $4,100,000
- beginning accounts receivable = $40,000
- ending accounts receivable = $20,000
cash received from customers = $4,100,000 + $40,000 - $20,000 = $4,120,000
Answer:
Option (b) is correct.
Explanation:
Given that,
Sales = 145,000 units
Desired ending inventory = 28,500 units
Beginning inventory = 21,750
Budgeted production in units for November:
= Sales + desired ending inventory - Beginning inventory
= 145,000 units + (190,000 × 15%) - 21,750
= 145,000 units + 28,500 - 21,750
= 151,750 units
Answer:
$10,400 Favorable
Explanation:
The computation of labor efficiency variance for June is shown below:-
For computing the labor efficiency variance for June first we need to find out the standard hours
Standard hours = 0.5 hours per unit × 3,100 units
= 1,550 hours
Now, we will put it into formula
Labor efficiency variance = (Standard hours - Actual hours) × Standard rate
= (1,550 - 510) × $10
= $10,400 Favorable
Therefore for computing the labor efficiency variance for June we simply applied the above formula.
Answer:
Explanation:
When ABC company filed its Articles of Incorporation with the State of California and All of their correspondence and contracts list ABC as ABC Inc. They are already tagged as a corporation with limited liability.
Now; when there is a breach of contract and they are being sued by XYZ Inc. From the knowledge that XYZ file the lawsuit case against ABC, the ABC company will then be treated as a partnership acquainted with unlimited liability instead of a corporation with limited liability they are being known for since they already had a notice from the State of California that their Articles of Incorporation have been rejected.
Answer:
b 5:3
Explanation:
Jungle gym sales unit : tree sales unit
10,000 : 6,000
10,000 / 6000
= 5/3
=5:3
