Answer:
133 acres of sugar cane
and 300 of soybean provide a profit of $ 733,000
Explanation:
We setup the fromulas and use excel solver:
labor hours: 3 x sugar acres + 4 x soybean <= 1,600
profit = 1,000 x sugar acres + 2,000 soybean
with the restriction soybean <= 300
SOLVER
acres hours PROFIT
sugar cane 133 x 3 = 399 x 1,000 = 133,000
soybeans 300 x 4 = 1,200 x 2,000 =<u> 600,000 </u>
TOTAL 733,000
Answer:
Your correct answer ia A. debit to purchases
Explanation:
PLEASE MARK BRAINLIEST!!!
Answer:
The correct answer is (b)
Explanation:
It is generally said that if you’re in a family business you are in a partnership. The partvizians is a family which owns several rug stores. When their children will take over the business they will be considered partners. They will own the business equally and they will share the profits and losses. It is also known as a family-owned business where two or more family members run a business and act as business partners.
Answer:
The answer is D.
Explanation:
Interest expense is the amount of interest to be paid on borrowed money(bills, notes or bonds). Interest expense can be found on income statement. Income expense reduces the net income and profitability of the company. It is used to determine the solvency of a company.
In the question, Universal borrowed for 12 months from November 1, 2021 and the note matures on October 31, 2022.
For 2021, it will recognize 2 months(November 1, 2021 - December 31, 2021).
For 2022, it will recognize 10 months(January 1, 2022 - October 31, 2022).
Therefore, for 2022, Universal Travel, Inc. will recognize:
$500,000 x 6% x (10 months÷12 months)
= $25,000
Answer:
$275,000
Explanation:
The computation of the total overhead cost is shown below:
= Variable overhead cost + fixed overhead cost
where,
Variable overhead cost equals to
= (Total estimated overhead cost ÷ fixed direct labor hour hours) × flexible budget labor hours
= ($200,000 ÷ 40,000) × 37,000
= $185,000
And, the fixed overhead is $90,000
ow put these values to the above formula
So, the value would be equal to
= $185,000 + $90,000
= $275,000
