Answer:
The amount that should appear in the Prepaid Subscription account for Otisco, Incorporated after adjustments on December 31 of the first year is <u>$2,295</u>.
Explanation:
From the question, we are given the following:
Amount of 36-month subscriptions = $3,060
Therefore. we have:
Monthly subscription = Amount of 36-month subscriptions / 36 months = $3,060 / 36 = $85
Number of months from April 1 to December 31 = 9 months
First year subscription = Monthly subscription * Number of months from April 1 to December 31 = $85 * 9 = $765
Balance in the Prepaid Subscription on December 31 = Amount of 36-month subscriptions - First year subscription = $3,060 - $765 = $2,295
Therefore, the amount that should appear in the Prepaid Subscription account for Otisco, Incorporated after adjustments on December 31 of the first year is <u>$2,295</u>.
Answer:
$6,900
Explanation:
The amount of cash the company will need to borrow is dependent on the closing balance and the minimum cash balance the company must maintain.
The closing cash balance is the sum of the opening balance and the net movement in cash during the month. The net movement in cash is the difference between the cash receipts and the cash payments.
Closing cash balance = $14,100 + $59,000 - $68,500
= $4600
Amount to be borrowed = $11,500 - $4,600
= $6,900
Swifty corporation has a beginning and ending work in process inventories of $190000 and $205000 respectively. if total manufacturing costs are $680000 then the total cost of goods manufactured will be (Manufacturing cost + Begining work cost - Ending work cost) i.e., $680000 + $190000 - $205000 = $665000.
Manufacturing cost is the sum of fees of all sources eaten up inside the process of creating a product. the production cost is assessed into three categories: direct materials value, direct labor cost, and production overhead. it's miles an issue in the total shipping cost.
manufacturing cost play a critical part in the successful design and manufacture of a product. based on the version of delivered value, the production charges must be much less than the cost added to allow a profit to be made. therefore, the cost of the design and manufacture of a product is vital in ensuring fulfillment.
And we can genuinely speak about the factors that force the producing expenses of your challenge — matters like the fee of uncooked substances, exertions costs, overhead, earnings margin, and the forms of manufacturing procedure your product requires.
the producing price is classed into three categories: direct substances fee, direct exertions value, and production overhead.
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Answer:
B. exporting.
Explanation:
Exporting -
It refers to the method of trading, where the goods and services are sold from one country to another , is referred to as exporting .
Where,
- Exported is referred to as the seller of the services and good,
whereas ,
- Importer is referred to as the buyer of the product.
- The method is very important to spread the international trade all over the world.
- The method helps to use goods and services from all across the world , which might not be available in their own country .
Hence, from the given scenario of the question,
The correct answer is exporting .
The bigger the house is the better for you
