Answer:
The company should not further process the product as it results in income reduction by $1000.
Explanation:
According to the given data, company current profit for 1000 units is :
= (cost of sell) - (cost of manufacturing)
= $7000 - $5000
= $2000 (current profit)
While when company further process the product, the profit will be :
= (cost of sell) - (cost of manufacture)
= $10000 - ( $5000 + $4000)
= $10000 - $9000
= $1000
It clearly shows that further processing the product may result in reduction of profit by $1000.
Hence the company should not further process the product.
Answer:A temporary account will not appear on a post-closing trial balance.
Explanation:
Answer:
She will receive $ 7,700.
Explanation:
It will receive $ 7,700, because it has taken 55% of its growth growth from its investment, which was $ 14,000 equals that amount. That is (14,000 x 0.55 = 7,700). Thus, by multiplying the value with the retracted percentage we will have $ 7,700.
It should be noted that duties of the board of directors involve reviewing the organization's financial objectives and major strategies in organization.
<h3>Who were board of directors?</h3>
board of directors can be regarded as the elected group of individuals that represent shareholders.
They provide advice to top management, and reviewing systems to ensure compliance with laws and are governing body .
Learn more about board of directors at;
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