Money demand for transactions
Answer: Option (C) is correct.
Explanation:
Units Started into the production = 14,000 Units
Ending work in process = 2,000 units
Transferred Units = Units in the starting - Ending work in process
= 14,000 units - 2,000 Units
= 12,000 Units
Equivalent units = Transferred units + Ending work in process in units × % of Completion
= 12,000 Units + 2,000 Units × 25% complete
= 12,000 + 2,000 × 0.25
= 12,000 units + 500 units
= 12,500 units
Total Conversion cost = $52,500
= $4.2
Answer:
Planning management function
Explanation:
Planning is a management procedure which aims to identify objectives for the long term future of an organization and to determine the tasks and resources required in achieving these objectives. Managers should create a business plan or a marketing plan for achieving objectives.
Answer:
Following are the responses to the given question:
Explanation:
The distribution channel contains several interdependent organizations responsible for the production of a material to be used or use. Different types of goods were available - either qualitative and quantitative. Although two may lead to satisfied customers, the advertising and marketing of goods differ greatly.
There are tangible items that we can see, sound, and feel. For example, in my hand, I could hold a DVD. Immaterial materials are not visible. You can hold insurance papers in the hands, for example, but it doesn't purchase. People can buy family life insurance, and they can see, touch and smell.
The tangible product distribution includes stock or retailer. It includes primarily producers, distributors, suppliers, retailers, or customers.
Generosity or travel products are distributed through companies, marketing officials, distributors, and consumers.
Answer:
$3,176 , it's two months of interests $1,588 + $1,588
Explanation:
If the company paid each month 1/12 of capital plus interest it means that it's necessary to deduct the total amount of interests paid each month.
The company paid $25,588 and the monthly capital it's $24,000, therefore the company paid on interest an amount of $1,588 each month.
The issue of a one year installment note means that the company repay the principal to the lender in a series of periodic payments, in this case each month pay principal plus interests
In the income statement we have to applied the accrual criteria which means that the company only recognize the interest paid in the past months, November and December.
