Answer:
Production = 31000 Units
Explanation:
To calculate the production requirement for the month of August to meet the required sales and desired ending inventory, we will use the following formula,
Sales = Opening Inventory + Production - Closing Inventory
Plugging in the values we have for sales, opening inventory and closing inventory, we calculate the production to be,
30000 = 11500 + Production - 12500
30000 + 12500 - 11500 = Production
Production = 31000 Units
To adjust for rent used up during the year that was recorded to the prepaid rent account when paid for;
- Rent expense is debited, prepaid rent is credited
<h3>Prepaid rent account</h3>
A prepaid rent account simply a current asset account that's responsible for reporting the amount of future rent expense that was paid in advance of the rental period.
On this note, the amount reported on the balance sheet is the amount that has not yet been used or expired as of the balance sheet date.
Read more on prepaid rent account;
brainly.com/question/1202504
Answer:
The Sun is 91.452 million miles away from Earth.
Explanation:
Hope it helped!
Virtually all companies in America now make use of computers in their daily activities. American workforce now need computer technical skills before they can gain employment to work in companies.