doing something with criminal intention.
Answer:
$3,500
Explanation:
Under variable costing method, product costs are calculated on variable manufacturing costs only.
Step 1 : Determine unit Product Cost
Product Cost = Variable Manufacturing Costs
= $ 35
Step 2 : Determine the units in Inventory
Units in Inventory = Opening Stock + Production - Sales
= 0 + 7,210 - 7,110
= 100 units
Step 3 : Determine Inventory value
Inventory value = Units x Cost per unit
= 100 units x $ 35
= $3,500
Conclusion :
the ending inventory of finished goods under variable costing would be: $3,500
Answer: $9,000
Explanation:
Speedy Runner will need to borrow the amount of cash disbursements that will exceed their cash receipts.
= Opening Cash + Cash Receipts - Cash Disbursements
= Opening Cash + Expected Cash Collections - Direct Labor Cash - Direct Materials Cash Disbursements - Operating Expenses Cash Disbursements - MOH Cash Disbursements - Capital Expenditures Cash Disbursements - Ending cash balance requirement
= 15,300 + 435,000 - 32,000 - 80,000 - 110,000 - 25,000 - 200,000 - 12,000
= $8,700
<em>They can borrow in incremental terms of $1,000 so to cover the cash requirements they should borrow </em><em>$9,000. </em>
Answer:
$67,000
Explanation:
Miller$72,000/60%=$ 120,000 loss to eliminate capital
Tyson$72,000/20%=$ 360,000 loss to eliminate capital
Watson$19,000/20%=$ 95,000 loss to eliminate capital
Watson is the partner most vulnerable to a loss of $95,000 which will inturn eliminate Watson's capital balance
Hence:
$162,000-$95,000
=$67,000
Therefore if the loss on disposal is less than $95,000, all partners will retain positive capital balances and receive some cash in liquidation reason been that other assets which is $162,000, must be sold for any amount over $67,000 for all partners to get cash.
<span>332.7 million gallons.
First calculate the percentage increase in price of gasoline.
0.40 / 2.80 = 0.142857 = 14.2857%
Now divide by the 10% to get the number of multiples of 10% the price increased by
14.2857% / 10% = 1.42857
Now multiply that by the percent decrease in demand
1.42857 * 2.30% = 3.29%
So it looks like there will be a 3.29% decrease in demand due to the higher price. So calculate the expected amount of gasoline demand.
344 * (100% - 3.29%) = 344 * (96.71%) = 344 * 0.9671 = 332.7
So the expected demand after a price increase of 40 cents per gallon is 332.7 million gallons.</span>