Answer:
$423,000
Explanation:
Initial accounts payable added to any purchases made during the period must equal ending accounts payable plus cash payments. Therefore, the amount of budgeted cash payments is:
The amount of budgeted cash payments is $423,000.
Answer:
$15,525
Explanation:
Calculation for ending inventory under variable costing
Using this formula
Units in ending inventory = Units in beginning inventory + Units produced −Units sold
Thus,
= 0 units + 5,500 units −4,350 units
= 1,150 units
Formula for Value of ending inventory under variable costing
= Unit in ending inventory × Variable production cost
= 1,150 units × $13.50 per unit
= $15,525
Answer:
with only one chain and one pendant per necklace.write an expression that shows how much it will cost ronnie to make s short necklaces and n long necklaces. then find the cost for 3 short necklaces 2 long necklaces
Answer: Which of the following describes what is identified by a supply schedule?
How much suppliers will profit at various prices
How much consumers will save at various supply levels
How much suppliers will raise prices as production varies
How much of a product suppliers will produce at various prices
Explanation: A supply schedule is a table that shows the quantity supplied at each price. A supply curve is a graph that shows the quantity supplied at each price. Sometimes the supply curve is called a supply schedule because it is a graphical representation of the supply schedule.
Answer:
Gap between the supply curve and the market price.
Explanation:
Producers surplus refers to the surplus that a producer of a commodity can obtain. The producers surplus is the difference between the producer's willingness to accept the price and the actual price they have received.
Producers surplus = Actual market price - Willingness to accept the price
Graphically, it is the area between the upper portion of supply curve and the market price.
