Answer:
Cash Budgets, speaks to the cash assortments and cash dispensing of an organization or firm over a particular period demonstrating the cash deficiency and surplus for that period.
A cash budget plan is significant, particularly for independent ventures as it helps in recognizing an organization to decide how a lot of cash is required over the particular time frame and aides in diminishing the measure of cash that a firm needs to convey.
Favorable circumstances of Daily cash balance over month to month cash balance.
Every day cash checking.
Course of action of cash to meet the every day necessity
Disadvantages Daily cash balance over month to month cash balance
More inconveniences in setting up the cash proclamation on regular schedule.
Issue in haggling with bank for advance.
Cash budget helps in identifing the shortage and when the firm needs the cash and in like manner the firm can haggle with the bank.
Answer:
$73,500
Explanation:
The computation of the absorption costing net operating income last year is shown below:
= Variable costing net operating income - inventory units × Fixed manufacturing overhead cost per unit
= $81,900 - 2,800 units × $3
= $81,900 - $8,400
= $73,500
We simply deduct the fixed manufacturing overhead cost from the variable costing net operating income to find out the absorption costing net operating income
Answer:
Journal Entry to record the transaction
Dr. Work in Process Department I $280,000
Dr. Work in Process Department II $300,000
Dr. Manufacturing Overhead $8,000
Cr. Material Inventory $588,000
Explanation:
The direct material is charged to the work in process account, because it is an direct expense and all the direct expenses are charged to the work in process account like indirect material, indirect labor etc.
The indirect material is charged to manufacturing overhead account because all the indirect expenses are charged to the manufacturing overhead account like indirect material, indirect labor etc.
These inventories are issued from the material inventory, so to deduct the issued value from the material inventory account, the total value of direct and indirect issuance is credited to record the effect.
A $150,000 loan has monthly interest-only payments of $1,000. its annual interest rate is 8 percent. Option C
This is further explained below.
<h3>What is the annual interest rate?</h3>
Generally, The annual cost of borrowing money, including any associated fees, is referred to as the Annual Percentage Rate (APR). This rate is given as a percentage.
In conclusion, The equation for Rate is mathematically given as
R= payment / principal,
Where
$1,000 x 12 = $12,000
Therefore
$12,000 / $150,000 principal
Rate = 8%.
Read more about the annual interest rate
brainly.com/question/17088238
#SPJ1
complete question
A $150,000 loan has monthly interest-only payments of $1,000. Its annual interest rate is
3 percent.
6.5 percent.
8 percent.
12.5 percent.
If labor in Mexico is less productive than labor in the united states in all areas of production then both Mexico and us still can benefit from trade.
Labor is the amount of physical, mental and social effort spent to produce goods and services in the economy. We provide the know-how, human resources, and services necessary to turn raw materials into finished products and services.
A business that requires more people and fewer machines is known as a labor-intensive business. The beauty, home construction, education and fashion industries are examples of labor-intensive industries.
Learn more about labor here:brainly.com/question/453055
#SPJ4