The organizational culture of a pubic agency consists of the relationship it has with the public it serves.
Answer:
Instructions are below.
Explanation:
Giving the following information:
Sales in units:
January= 3,000
February= 2,000
March= 2,500
April= 2,700
May= 2,900
The required ending inventory is 20% of the next month's sales, and the beginning inventory on January 1 was 600 units.
The production budget for each month is calculated using the following formula:
Production= sales + desired ending inventory - beginning inventory
Production budget:
January:
Sales= 3,000
Ending inventory= (2,000*0.2)= 400
Beginning inventory= (600)
Total= 2,800
February:
Sales= 2,000
Ending inventory= (2,500*0.2)= 500
Beginning inventory= (400)
Total= 2,100
March:
Sales= 2,500
Ending inventory= (2,700*0.2)= 540
Beginning inventory= (500)
Total= 2,540
April:
Sales= 2,700
Ending inventory= (2,900*0.2)= 580
Beginning inventory= (540)
Total= 2,740
Answer:
Total Product Costs under absorption costing per unit $ 32.59
Explanation:
Under absorption costing the fixed overheads are included in the product costs. We calculate the total manufacturing costs having fixed overheads and variable overheads and divide it with the number of units to get the product cost per unit.
Expected units to be produced 51,000 units
Direct materials $ 12 * 51,000= $ 612000
Direct labor $ 18 per unit * 51,000= $918000
Overhead
Total variable overhead $ 31,000
Total fixed overhead $ 101,000
Total Manufacturing Costs $1662000
Total Manufacturing Costs per unit = Total Costs/ Total units= $1662000 / 51000= $ 32.59
Answer:
1. a. Days of Personal Use:
= Days stayed personally + Days rented at a discount + Days rented to family
= 19 + 14 + 11 + 12
= 56 days
b. Days of rental use:
= Days rented to third parties at full rate + Days taken for repairs and maintenance
= 72 + 2
= 74 days
2. Deductible tax amount:
= Real property taxes to state government + Property taxes on land held as investment
= 2,700 + 1,430
= $4,130
<em>The Johnsens may not deduct the amount paid for the assessment for the sidewalks as they are considered local benefits much like streets and these are not tax deductible. </em>
