Answer and Explanation:
The Preparation of production budget report in units is shown below:-
Pasadena Candle Inc.
Production budget report
For the year ended Jan 31
Particulars Units
Expected units to be sold 63,000
Add: Desired ending inventory, Jan 31 6,000
Total units available 69,000
Less: Estimated beginning inventory, January 1 -4,300
Total units to be produced 64,700
Therefore we simply deduct the Estimated beginning inventory, Jan 1 from total units available to reach the total units to be produced
Answer:
The answer is B.
Explanation:
Because it is 9 months, the interest to be used cannot be 10% instead, it will be 9months/12months x 10%
0.75 x 10%
=7.5%
Interested on the borrowed money is 7.5% x $9,000
$675
On April 1, 2019, Herzog will the money lent plus interest.
So we have $9,000 + $675
=$9,675 and because Herzog is receiving, we debit cash account.
Interest revenue will be
$675/3months
=$225.
This will be credit
Interest receivables will be $675 - $225 = $450
This will also be in credit side
I think you’re referring to the competitive equilibrium price
Answer:
$55 per unit
Explanation:
The computation of the total cost per unit of the product is shown below:
= Total cost incurred ÷ number of units manufactured
= $132,000 ÷ 2,400 units
= $55 per unit
BY dividing the total cost incurred with the number of units manufactured we can get the total cost per unit
All other information i.e shown is not relevant. Hence, ignored it