donald duckers?What a wierd username
Answer:
a. $5,100
Explanation:
Raw materials used in production = Beginning raw materials inventory + Raw materials purchases - Ending raw materials inventory
Raw materials used in production = $4100 + $5,600 - $4,600
Raw materials used in production = $5,100
So, the amount of raw materials used in production for the year is $5,100.
b. Cash receipts from sales, $264,000.
c. Budgeted cash disbursements for purchases, $138,000.
d. Budgeted cash disbursements for salaries, $80,000.
e. Other budgeted expenses, $15,000.
f. Cash repayment of bank loan, $10,000.
g. Budgeted depreciation expense, $25,000.
Answer:
$47,000
Explanation:
The cash budget is a forecast of the company's expected movement in cash considering the expected outflows and inflows. This movements result in a change between the opening and ending cash balance. This may be expressed mathematically as
Opening balance + Cash receipts - Cash disbursed = ending balance
Cash receipts for the period
= $264,000
Cash disbursed
= $138,000 + $80,000 + $10,000 + $15,000
= $243,000
ending balance = $26,000 + $264,000 - $243,000
= $47,000
Using the accrual method, the unearned revenue as of December 31 is $12,000.
Unearned revenue can be defined as the amount a company received from their client for the service they are yet to rendered.
Since the company has received full balance for the services not yet provided. The unearned revenue as of December 31 will be $12,000 .
Reason been that the amount that the client paid the company is for a year-long contract, hence the $12,000 represent a prepayment amount for the service the company is yet to rendered to their client
Inconclusion using the accrual method, the unearned revenue as of December 31 is $12,000.
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The $12,000 payment is for a one-year contract, however, we will only record revenue from October 1 up to December 31 which are the months that already lapsed. The remaining nine months are still considered unearned revenue. Thus, the remaining unearned revenue is $9,000.
Unearned revenue is the amount received from a client for a service that has yet to be rendered. Since the company has received the full balance over the services not yet provided. As of December 31, the unearned revenue will be $12,000.
Because the client paid the company for a year-long contract, the $12,000 represents a prepayment for the service the company has yet to render to their client. Using the accrual method, the revenue that is not earned as of December 31 is $9000.
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Answer:
minimum amount of revenue that segment of each generate separate is = $2295.5
Explanation:
given data
Bags Sales = $8,650
Bags Sales = $4,360
Bags Sales = $6,650
Intersegment transfers = 665
Intersegment transfers = 1,130
Intersegment transfers = 1,550
generates revenues = $1,000
solution
we get here total Sales to outsiders that is
total Sales to outsiders = $8,650 + $4,360 + $6,650
total Sales to outsiders = $19660
and
Intersegment transfers is = 665 + 1,130 + 1500
Intersegment transfer = 3295
so that Combined Segment Revenue is
Combined Segment Revenue = 19660 + 3295
Combined Segment Revenue = 22955
so minimum amount of revenue that segment of each generate separate is 10% Criteria is
= 10 % of 22955
minimum amount of revenue that segment of each generate separate is = $2295.5
Answer:
The company could pay up to 866,965.89 dollars today to solve the current heat exchanger situation
Explanation:
We have to determinate the present value of 7 year annuity which increase at a rate of 7% when the cost of capital is 15% being the first quota 175,000 dollars
grow rate 0.07
required return 0.15
Cuota 175,000
n 7
PV = 866,965.89
Cost of Direct Labor wages: $37,500
Variable Manufacturing Overhead: $25,000
Fixed Manufacturing Overhead: $125,000
Total units produced: 10,000
Under absorption costing what was the per-unit cost of the units produced?
a. None of the above
b. $23.75
c. $12.50
d. $11.25
e. $8.75
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Cost of Direct Materials used in production: $50,000
Cost of Direct Labor wages: $37,500
Variable Manufacturing Overhead: $25,000
Fixed Manufacturing Overhead: $125,000
Total units produced: 10,000
The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
First, we need to calculate the total cost:
Total cost= 50,000 + 37,500 + 25,000 + 125,000
Total cost= $237,500
Now, the unitary cost:
Unitary cost= 237,500/10,000= $23.75