3 years ago

Serena's financial goal is to reduce debt. Which statement could make Serena's financial goal specific and timely?

Business

1 answer:

dimaraw [331]3 years ago

5 0

B. Serena should focus on a certain amount and track her spending

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On March 31, the end of the first year of operations, Barnard Inc., manufactured 4,300 units and sold 3,700 units. The following

wolverine [178]

Answer:

Cost of Goods Manufactured = $115 per unit

Fixed Manufacturing Overhead = $53 per unit

Absorption product cost per unit = $168

Explanation:

given data

manufactured = 4,300 units

Variable Costing = $494,500

Fixed manufacturing costs = $227,900

solution

so here we get Cost of Goods Manufactured per unit that is

Cost of Goods Manufactured = $494,500 ÷ 4,300

Cost of Goods Manufactured = $115 per unit

and

now we get Fixed Manufacturing Overhead Per Unit will be

Fixed Manufacturing Overhead = $227,900 ÷ 4,300

Fixed Manufacturing Overhead = $53 per unit

and

now we get Variable Product cost Per Unit that is

Variable Product cost = Cost of Goods Manufactured per Unit = $115

Absorption product cost per unit = $115 + $53

Absorption product cost per unit = $168

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2 years ago

Cash is an _____.

nikklg [1K]

A. Asset

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3 years ago

On November 1, 2021, New Morning Bakery signed a $191,000, 6%, six-month note payable with the amount borrowed plus accrued inte

rosijanka [135]

Answer:

$196,730

Explanation:

The note payable signed has an interest rate of 6% per year. Since the amount is paid back in 6-months, only half a period should be considered when calculating interests due. The total amount that New Morning Bakery should pay back on May 1, 2022 is given by:

$A =\$191,000*(1+(0.06*0.5))\\A=\$196,730$