Answer:
A. Materials to purchase = RM needed for production + RM ending - RM beginning
Explanation:
There are already RM in stock which can satisfy partially RM for production need and RM for desired ending stock so for this amt, purchase should be lowered.
Amount = $900,000
Bearing interest = 12%
Annual principal payments = $300,000
Bank prime rate = 11%
<u>To find:</u>
Accrued interest payable
<u>Solution:</u>
The calculation of the accrued interest payable,
Therefore, the accrued interest payable will be $24,000.
Answer:
The correct answer is D.
Explanation:
Giving the following information:
When Sherka, Inc. sells 40,000 units, its total variable cost is $96,000.
Unitary variable cost= 96,000/40,000= $2.4
What is its total variable cost when it sells 45,000 units?
Variable cost= 45,000*2.4= $108,000
Answer:
$ 870,000
Explanation:
Given data:
The funds raised by the cancer society = $ 900,000
The amount that has been collected back = $ 600,000
The amount that is uncollectible = 10% of the remaining amount
i.e 10% of ( $ 900,000 - $ 600,000 ) = $ 30,000
Therefore,
the net amount of revenue the society should recognize during the current year from this pledge drive is calculated as:
= The funds raised by the cancer society - The amount that is uncollectible
or
= $ 900,000 - $ 30,000
or
= $ 870,000
And something legally sufficient is <span>A promise to do something that one has no prior legal duty to do.
</span><span>For an agreement to be considered as legally sufficient, consideration must be something of value according to the law. After it fulfills all those the condition than the legal department could make an interference if either party do not keep their initial agreement.</span>
