Answer:
1. 4,200 units
2.7,200 units
Explanation:
<u>Prepare the Production Budget for January and February</u>
January February
Budgeted Sales 5,000 4,000
<em>Add </em>Budgeted Closing Stock 3,200 6,400
Total Production Needed 8,200 10,400
<em>Less</em> Budgeted Opening Stock (4,000) (3,200)
Budgeted Production 4,200 7,200
Budgeted Opening Stock for January comes from 80% of closing inventory from December !
The correct answer is Free trade.
Free trade refers to a situation in which a government does not restrict what its citizens can buy from or sell to another country.
<h3>What is Free Trade? </h3>
- It refers to the absence of any government policies and barriers over the import and export of goods.
- It helps in maintaining a healthy global economy and enables countries to form better relations.
- A free trade also has no tax over it.
- Free trade helps in exchange of products and therefore increasing the consumer choice in the market.
- It encourages the foreign investment and provides companies a chance to expand their work area.
To learn more about trade barriers visit:
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Answer:
Dr. Right of use asset $58,000; Cr. Lease liability $58,000
Explanation:
Journal entry
Date General Journal Debit Credit
Right of use of asset $58,000
Lease Liability $58,000
(Entry to record the initial transaction)
Answer:
17.5minutes
Explanation:
Calculation to determine would be the information turnaround time for a defect made at station 2
Station 2 information turnaround time=[(Station 9-Station 2)*2.50 minutes/unit]
Station 2 information turnaround time=7x 2.50
Station 2 information turnaround time=17.5minutes
Therefore the information turnaround time for a defect made at station 2 is 17.5minutes