Answer:
The right choice is Option c (110.0%).
Explanation:
⇒ 
On estimating the values, we get
⇒ = 
⇒ = 
Note: percent = %
Answer:
(a) $190,000
(b) $2,185,000
(c) $3,125,900
(d) $841,090
(e) $561,260
(f) $1,200,000
Explanation:
Rainier and Yakima Company several balances are omitted. These are calculated with reverse calculation. The material inventory at beginning of may is added with the purchases made and then ending inventory is subtracted to identify cost of goods manufactured.
The answer is: Sabbatical
Sabbatical refers to a paid leave given to employees in order to study or travel. The term sabbatical is taken from the bible (where God rest on the seventh day after working for six days). Because of this, some companies only granted a sabbatical only if they already dedicated their life for the company for 7 years.
The owner of the property, who allow the lien, is relate to as the Lienee and the person who has the advantage of the lien is referred to as the Lienor or Lien holder.
In the United States, the term lien usually pertain to a wide range of encumbrances and would involve other forms of mortgage or charge.
Answer:
Merchandise purchases budget explanations only.
Explanation:
Hi, your question has missing information, however i have supplied explanations below.
A purchases budget is required to determine the quantities of purchases required for :
- Resale - For Merchandisers
- Use in Production in case of Manufacturer
Here is the structure of the merchandise purchases budget for Walker Company (Merchandiser).
<u>Merchandise purchases budget </u>
Month
Budgeted Sales x
Add Budgeted Inventory x
Total Purchases needed x
Less Budgeted Opening Inventory (x)
Budgeted Purchases x
As stated by the question : <em>Company policy is to end each month with merchandise inventory equal to a specified percent of budgeted sales for the following month.</em>
<em>Ending Inventory = Next months` sales x required percentage</em>
Ending Inventory for one month say July becomes Opening Inventory for the following month (August) for our merchandise purchases budget.