Answer: 10 bushels
Explanation:
If they produce 100 barrels of oil using 100 worker hours, it means that the number of work hours taken for 1 barrel is:
= 100 / 100
= 1 work hour
For bushels however, 1 worker hour produces:
= 25 / 100
= 0.25 bushels of corn
If 60 barrels of oil are produced, it means 60 worker hours were used which would leave 40 worker hours.
Bushels of corn produced is therefore:
= 40 * 0.25
= 10 bushels
Answer:
$4,522
Explanation:
As the restaurant is not acquired so the amount of $28,000 would be non-deductible
Also if the expenses is incurred so the maximum deduction allowed is in excess of $50,000 is $5,000
Now
= $51,000 - $50,000
= $1,000 reduction
And,
= $5,000 - $1,000
= $4,000 deduction
Now
= $51,000 - $4,000
= $47,000
Now
= $47,000 ÷ 180 months
= $261 × 2 months
= 522
Now total deduction is
= $4,000 + $522
= $4,522
<span>When you are modeling economic booms and busts, the biggest difference between modeling economic busts and booms is that there is basically no issue of very rigid nominal wages when one is modeling these different types of booms.</span>
Answer:
COGS= $130,000
Ending inventory= $110,000
Explanation:
Giving the following information:
Units sold= 500
Purchases:
Dec. 1= 300 units at $250
Dec. 8= 600 units at $275
<u>To calculate the cost of goods sold under the FIFO (first-in, first-out) method, we need to use the cost of the firsts units incorporated into inventory:</u>
COGS= 300*250 + 200*275
COGS= $130,000
<u>Now, the ending inventory:</u>
Ending inventory= 400*275= $110,000
Indian currency value . and law and order RBI role
