Answer:
If Concord Corporation purchase from outside it total cost will increase by $4500.
Explanation:
Cost of producing the units using current production:
Direct Material Cost $21000
Direct Labour Cost $5500
Variable Overhead Cost $19000
Total Cost of Production $45500
So, Purchase cost minus production cost
Gives $50000 - $45500 increase in cost purchase over production by $4500
Note:
Fixed cost is irrelevant for Concord Corporation either purchase or produce it will remain same.
Answer:
$4,400,000
Explanation:
A balance sheet is a statement showing the financial position of a business as at a particular date. At all time the Asset of a business must be equal Liabilities + Owners' Equity. i.e Assets = Liabilities + Owners' Equity.
In the case of Hotela's balance sheet
Asset= $ 6,400,000
Equity = $2,000,000
Liabilities = ?
Going by the accounting equation Assets = Liabilities + Owners' Equity.
To calculate liabilities the formula below will be used
Liabilities = Asset - Owners' equity
Therefore Liabilities = $6, 400,000 - $2,000,000 = 4,400,000
Hence the answer is 4,400,000
Can you please take the picture from the front angle please, thx
This is an opinion question and does not have 1 right answer.
Some ideas might be:
1. sales
2. the long hours
3. the unpredictability and continually changing job
Answer:
C) $48,000
Explanation:
The account receivables is the account used to house revenue that has been earned but yet to be received in the balance sheet. It is the holding account pending the settlement of cash for services rendered or goods sold.
As such, where the Accounts Receivable account has a beginning balance of $10,000 and the company provides services of $50,000 on account during the month. The ending balance was $12,000
Let the amount received from customers be K
$10,000 + $50,000 - K = $12,000
K = $10,000 + $50,000 - $12,000
K = $48,000