How would I write ChinaDollStudios as an abbreviation in Chinese?

The budget components for Park Company for the quarter ended June 30 appear below. Park sells trash cans for $12 each. Budgeted

Dmitry [639]

Answer:

$96,000

Explanation:

Production 26,000 units

Materials Purchase Budget

Production Materials Required (5×26,000 units) 130,000

Add Budgeted Closing Materials (50,000×20%×5) 50,000

Total Materials 180,000

Less Budgeted Opening Inventory (4,000×5) (20,000)

Budgeted Materials 160,000

Material Cost per pound $0.60

Total Material Cost $96,000

Therefore, the materials purchases budget will be for the month ending April 30 will be $96,000.

7 0

3 years ago

In a small open economy, starting from a position of balanced trade, if the government increases domestic government purchases,

nordsb [41]

Answer:

Option A is correct.

deficit; negative

Explanation:

In a small open economy, starting from a position of balanced trade, if the government increases domestic government purchases, this produces a tendency toward a trade deficit and negaive net capital outflow.

This corresponds to the concept of twin deficits where a budget deficit that results from increased government purchases, also results in current account deficit. Since trade deficit implies negative NX there is a negative NCO.

6 0

3 years ago

Copperhead Trust has the following classes of stock: LOADING...(Click the icon to view the data.) Read the requirementsLOADIN

sergeinik [125]

Answer:

Find attached complete question:

common stock dividends is $38,960

preferred stock dividends is $5,040

Explanation:

Going by the complete question,preferred stock dividends is computed thus:

preferred stock dividends=number of shares*par value*dividend rate

number of shares is 7000 (issued and outstanding)

par value of share is $12

dividend rate is 6%

preferred stock dividend=7000*$12*6%=$5040

The preferred stockholders would receive $5040 dividends while the remainder of dividends goes to common stockholders as shown below

Total dividends $44,000

preferred stock dividends ($5040)

common stock dividends $38,960

Download xlsx

6 0

2 years ago

Gilchrist Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginni

andrey2020 [161]

Answer:

Predetermined manufacturing overhead rate= $35.65 per machine hour

Explanation:

Giving the following information:

Estimated the machine-hours= 45,900

The estimated variable manufacturing overhead was $7.53 per machine-hour.

The estimated total fixed manufacturing overhead was $1,290,708.

To calculate the predetermined overhead rate, we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (1,290,708/45,900) + 7.53

Predetermined manufacturing overhead rate= $35.65 per machine hour

4 0

3 years ago

The following information is available to reconcile Branch Company’s book balance of cash with its bank statement cash balance a

Rasek [7]

Answer:

Bank Reconciliation Statement as of July 31, 2017

Balance at Bank as per cash book (up to date) $35,480

Add Unpresented Cheques :

No. 3031 $1,570

No. 3065 $561

No. 3069 $2,338

Less Lodgements not yet credited ($10,132)

Balance as per Bank Statement $29,817

Explanation:

Step 1 Bring the Cash Book (Bank Balance ) up to date

Debit :

Balance as at July 31 $25,699

Note Payable $9,000

Evan Shaw $805

Totals $35,504

Credit:

Check No. 3056 Understated $10

Bank service charge $14

Balance (Up to date) $35,480

Totals $35,504

Step 2 Prepare a bank reconciliation for this company

Bank Reconciliation Statement as of July 31, 2017

Balance at Bank as per cash book (up to date) $35,480

Add Unpresented Cheques :

No. 3031 $1,570

No. 3065 $561

No. 3069 $2,338

Less Lodgements not yet credited ($10,132)

Balance as per Bank Statement $29,817

4 0

3 years ago