Answer:
A
Explanation:
Breakeven quantity is the number of units produced and sold at which net income is zero
The product should not be released because the demand is less than breakeven quantity. If the product is released, the firm would earn losses
Answer:
$1,000
Explanation:
Fixed assets must be recorded at historic cost or purchase value. Their valuation is not affected by changes in market values, e.g. land might appreciate over time, but its historic cost will be used for accounting purposes.
In this case, Lisi doesn't have a bill to show the price of the rack, and since she paid in cash, she has no way of proving what she actually paid for it. In this case, in order to record the purchase of the rack you must use the fair market value of similar racks.
Imagine if someone could just say that they purchased things at X price but didn't get a bill, soon people would be recording buying pencils at $500 each because they are gorgeous and perfectly crafted.
Answer:
$114,000
Explanation:
Given that,
Net credit sales = $2,250,000
Opening allowance for Doubtful Accounts = $36,000
Uncollectible accounts receivable written off = $90,000
Firstly, we need to find the excess amount to be adjusted to allowance for Doubtful Accounts. It is calculated as follows:
= Uncollectible accounts receivable written off - Opening allowance for Doubtful Accounts
= $90,000 - $36,000
= $54,000
Allowance amount:
= 10% of the balance in receivables
= 0.1 × $600,000
= $60,000
Therefore, the required adjustment to the Allowance for Doubtful Accounts at December 31, 2017 is determined by summing up the excess amount and allowance amount.
= Excess amount to be adjusted to allowance for Doubtful Accounts + Allowance amount
= $54,000 + $60,000
= $114,000
Answer:
The number of units the company would have to manufacture during the year would be 780,000 units
Explanation:
To find out how much purchase is made, first we have to calculate the production level. The equation for production level is shown below:
Production level = Closing stock of finished goods + Sales - Opening stock of finished goods
= 76,000 + 730,000 - 26,000
= 780,000 units
Rest cost like opening and ending balance of raw material , required gram is irrelevant for computation part. Thus, it is not considered.
Hence, The number of units the company would have to manufacture during the year would be 780,000 units
Answer:
Organic Farming-The natural cultivating development makes a difference to anticipate water contamination and other natural harm whereas expanding yields. A few considers have appeared that corn plants, developed naturally, can deliver up to 30% more corn than when developed customarily. Not as it were are you getting more from your trim, but you’re finishing the same errand without jeopardizing your nearby environment.
Crop Rotation-Edit revolution depends on three diverse sorts of crops — cash, filler and cover. Your cash crops are the ones you’re getting to be making cash off of or eating yourself. Filler crops keep the field from going neglected amid the low season whereas regularly contributing to soil wellbeing and richness, and cover crops do the same without requiring much observing or support.
Regenerative Farming-Regenerative cultivating is another ancient concept that takes the thought of trim revolution to a entire nother level. Rather than treating the soil like a device to be utilized and disposed of, regenerative cultivating methods treat agribusiness like it’s part of the arrive instead of something isolated from it. In expansion to things like edit turn, regenerative cultivating minimizes working to protect soil accumulation, relies on characteristic fertilizers like compost and fertilizer instead of chemical options and takes all fundamental steps to avoid the cultivating from pulverizing the nearby environment.
Explanation:
