Answer:
The following budgets are needed to calculate are as follows:
Direct labor budget
Direct materials budget
Manufacturing overhead budget
Explanation:
The three budgets put together are known as production budget which are as a result of sales budget.
When a company determines its projected sales ,it goes ahead to prepare its production budget in order to fulfill forecast sales as contained in the sales budget.The quantity to be manufactured is based on the opening inventory for the period, forecast sales quantity as well as the desired ending inventory quantity.
In order to determine production level,the opening inventory is added to forecast sales and desired ending inventory is subtracted to arrive at the estimated production units for the period.
Answer:
$7,202
Explanation:
Calculation for What should be the balance in Kent's deferred tax liability account as of December 31, 2021?
December 31, 2021 Deferred tax liability=$ 27,700 x 26%
December 31, 2021 Deferred tax liability=
= $7,202
Therefore What should be the balance in Kent's deferred tax liability account as of December 31, 2021 is $7,202
Answer:
It should quite the job and do the organic soap business as it provides an economic gain which consider the implicit cost.
Explanation:
alternative (I)
revenues of 465,000
expenses (395,000)
net income 70,000
opportunity cost
wages from TV company (50,000)
net economic gain 20,000
alternative (II)
revenues 3,250,000
expenses<u> 3,275,000 </u>
net loss (25,000)
<u>opportunity cost</u>
wages from TV company (50,000)
net economic loss (70,000)
Answer:
dissonance
Explanation:
Based on the information provided within the question it can be said that this attempt seemed to be aimed at reducing dissonance. This term refers to holds two or more contradictory beliefs, ideas, or values. Which in this scenario, the salesman makes this comment in order to see if Billy was satisfied and knew that his purchase was a good one. If Billy were to decide to sell the car to one of those interested buyers then it is likely because he does not know its value.
Answer:
$422.5
Explanation:
Assessable value after first homestead exemption $25000= $200000
Tax on second $25000=$267.5($112.5 school board tax+$95 county tax +$60 citty tax)
Tax on third $25000=$112.5(onl on school district tax)
Tax on balance = $10.7*150=$1605
Total tax =$1985
Money saved= $267.5+$155=$422.5
