Answer:
Explanation:
-------------------------------july-------August-----Sept
Sales(unit) - - - - - - - -70000 - - 83000 - - - - - -
Production(Units)----73250 - -84750--91750
October expected sales = 97000
Ending Inventory for August
Production 84750
Less: Sales 83000
Add: Begin Inventory (83000*25%) - - 20750
Ending Inventory 22500
September :
Production in Units 91,750
Add: Beginning Inventory
Working note) 22,500
Less: Ending Inventory
( 97000X25%) (24,250)
Budgeted Sales Units 90,000
Answer:
$82,800
Explanation:
The computation of the amount of interest cost to be capitalized during 2018 is shown below:-
Amount of interest cost to be capitalized = (Borrowed amount × Rate of interest) + ($300,000 ÷ 2 × Rate of interest)
= ($720,000 × 9%) + ($150,000 × 12%)
= $82,800
Therefore for computing the amount of interest cost to be capitalized during 2018 we simply applied the above formula.
Answer: Avoiding use of green/environmentally-friendly materials (which are of lower quality than superior materials)
Explanation:
The International Footwear Federation is a consumer group that issues s/q ratings for footware makers around the world.
The S/Q ratings range from 0 - 10 stars and measure everything between the quality and appearance of the footware apparel.
Footware with high quality materials that are durable rank high in the S/Q matrix and as such it is imperative that companies aiming to move higher up the S/Q scale, use high quality materials.
Avoiding the use of green/environmentally-friendly materials (which are of lower quality than superior materials) and instead using Superior materials, whilst not entirely good for the Environment, will make a shoe stronger which would increase the S/Q rating.
Answer:
a. Warranty expense $480,000
b. Warrant liability $96,000
Explanation:
Solution-a
Warranty expense = 3%*100,000*$160
Warranty expense = $480,000
Solution-b
Warranty liability = $480,000 -($160*2,400)
Warranty liability = $96,000
