Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Ethics of accounting information is providing accounting information to make good economic decisions in the financial statement of the organization.
Explanation:
Answer and Explanation:
The preparation of the production budget and The total required production for the year is as follows
<u> One Device </u>
<u> Production budget</u>
<u> For the first four months</u>
<u>Particulars Jan Feb Mar April Year</u>
Expected
unit sales 500 units 800 units 450 units 550 units
Add:
Ending
inventory 160 units 90 units 110 units 120 units
($800 × 20%) ($450 × 20%) ($550 × 20%) ($600 × 20%)
Total
required units 660 units 890 units 560 units 670 units
Less:
Beginning
inventory 100 units 160 units 90 units 110 units
($500 × 20%) ($800 × 20%) ($450 × 20%) ($550 × 20%)
Required
production
units 560 units 730 units 470 units 560 units 2,320 units
Entrepreneurs help the nation by creating new and unique businesses (which can increase profit and employment), they add to national income, and they create social change.
Answer:
$100
Explanation:
Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives
If Melanie goes to the beach, she would not be able to stay at home. Staying at home is the opportunity cost of going to the beach.
The total opportunity cost of going to the beach = $10 + $90 = $100
