debits Depreciation expense, while the other debits Manufacturing overhead
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Answer:
The Accelerated and Shared Growth Initiative for South Africa (AsgiSA) was prepared during 2005 and launched in February 2006. Its objectives were to introduce policies, programmes and interventions that would allow the South African economy to grow enough to halve poverty and unemployment between 2004 and 2014.
Explanation:
One of the disadvantages of issuing stock is the fact that it dilutes the earnings for shareholders.
The more shares there are, the less earnings.
Answer:
2,060 units
Explanation:
As we know thestock policy of the firm is the ending inventory for each month should be the 30 % of the next month's sales
In the case of february, following this policy:
- Starting inventory: is the same of ending inventory of the previous month: 0,3*2,000 (February´s sales) units= 600 units.
- Ending inventory= 0,3*2,200 (March´s sales) units= 660 units
Also, Ending Inventory (EI) is the result of the sum of Starting Inventory (SI) and February Purchases (P) minus February Sales (S)
We want to know P ( units Purchased), so:
P= EI-SI+S= 660-600+2,000=2060 units
