The National Government has prioritized rebuilding the KwaZulu Natal infrastructure because The KwaZulu Natal roads are crucial to the economy of South Africa.
<h3>What is Infrastructure?</h3>
Infrastructure is a structure or engineering edifice that serves the common good of the residents of a place or a country.
Examples of infrastructures are:
- Bridges
- Roads
- Rail Tracks
- Airports etc.
Learn more about the Infrastructure at:
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Answer:
a. Revenue = $23,660
b. Revenue = $40,837.50
Explanation:
a) Data and Calculations:
Minimum number of chairs to be sold under the deal = 260
Price at minimum number of chairs (260) = $91
Maximum number of chairs to be sold under the deal = 450
Discount offered for quantity above 260 = $0.25 per chair on the entire order
Price at maximum number (or just above 260 chairs) = $90.75 ($91 - $0.25)
Minimum revenue to be made under this deal = $23,660 (260 * $91)
Maximum revenue to be made under this deal = $40,837.50 (450 * $90.75)
Answer:
Explanation:
Number of completed barrels = 216 + (244-216)*60%
= 233 barrels
Cost per barrel = (3245+3230)/233 = 27.8
Cost of oil shipped in pipeline = 216 * 27.8= 6003 millions
Cost of work in process ending inventory = (244-216)*60% * 27.8
= 467.04 million
Answer:
Balance of prepaid insurance: $2,475
Explanation:
On April 1, Teneit, Inc shall record the following journal entry in its accounts in respect of insurance premium paid for three years.
Debit Credit
Prepaid Insurance $3,300
Cash $3,300
At December 31, the following adjusting journal entry shall be recorded in the accounts of Tenity, Inc. in respect of insurance premium expense
Debit Credit
Insurance expense $825
(3,300*9/36)
Prepaid Insurance $825
So based on above two journal entries, the following shall be the balance of the prepaid insurance as at December 31:
Balance of prepaid insurance: $2,475
(3,300-825)