Answer:
At the time of purchase of raw material inventory,
Raw material inventory account will debit and accounts payable account will credit.
Therefore, the Journal entry for this transaction is as follows:
Raw Materials Inventory Account Dr. $36,000
To Accounts Payable $36,000
(To record the purchase of raw material on account)
Workings:
Raw material Inventory = Units of raw material purchased × Price per unit
= 6,000 × $6
= $36,000
Answer:
Option A is Correct one.
<u>The budgeted required production for August is 11,600 units.</u>
Explanation:
Beginning inventory=(20%*11600)=2320
Add:production(balance)(11600+2660-2320)=11940 units(B).
Less:ending inventory(20%*13300)=(2660)
Sales=11600 units
Answer:
C) The variable Y could be the price of the wool used to make mittens.
D) The variable X could be consumers income.
Explanation:
quantity supplied = 50 + 1/2X - 5Y -24Z
In this equation if X increases, then the quantity supplied increases. Therefore X can either be the product's price or consumer income.
In this equation if Y or Z increase, then the quantity supplied decreases. Therefore Y or Z are production costs, either labor or materials.
Answer:
$4,800
Explanation:
The computation of additional annual cash inflow is shown below:-
Saving in Annual Maintenance Cost by new machine = $15,000 - $6,000
= $9,000
Net savings on Maintenance = $9,000 × (1 - 0.4)
= $5,400
Decrease in Depreciation due to purchase of New machinery
= ($60,000 ÷ 10) - ($45,000 - 10)
= $6,000 - $4,500
= $1500
Tax to be paid due to decrease in Depreciation = Decrease in Depreciation due to purchase of New machinery × Tax rate
= $1,500 × 0.4
= $600
Net Annual cash Inflow due to new machinery = Net savings on Maintenance - Tax to be paid due to decrease in Depreciation
= $5,400 - $600
= $4,800
So, for computing the additional annual cash inflow we simply applied the above formula.
Many companies use blogs and tweets to help develop a positive online presence.
Option B : To fit in all the AIDA elements, break a longer message into a multi-part tweet.
Explanation:
Websites and Twitter accounts of businesses are strong marketing resources which can help to portray an optimistic and knowledgeable presence online.
The concepts underneath AIDA even now relate to micro-names, even though you likely won't use the complete, four-part plan. Using catching and interesting interest recipients, and seek to always have a call for action. Do not spread endless retweets, numerous tweets, or other things that are more distressing to your viewers than they receive.
