It is a physical resource. A physical resource includes raw materials, buildings, facilities, machinery, energy, and supplies. Since the item in question is a manufacturing plan, it is a building/facility and therefor is a physical resource. This is a resource that is physically theirs and used for manufacturing their goods.
Answer:
7,727 units
Explanation:
According to the scenario, computation of the given data are as follows:
Department S beginning = 500 units
Completed % in process = 70%
Total completed during period = 7,600 units
End of period = 900 units 53 % completed
So, we can calculate the units of production using FIFO method.
Check attachment for the Solution.
The attachment is attached below.
Answer:
d. 5,175 units.
Explanation:
The computation of the budgeted production units for July is shown below:
= Sale units + ending inventory units - beginning inventory units
where,
Sale units is 5,000 units
Ending finished inventory units = 5,700 units × 25% = 1,425 units
Beginning finished inventory units = 1,250 units
Now put these units to the above formula
So, the units would equal to
= 5,000 units + 1,425 units - 1,250 units
= 5,175 units
Answer:
Equity Tiggie’s has on its balance sheet: $14,285,714 (round up $14,29 million)
Explanation:
The debt-to-equity (D/E) ratio compares a company’s total debt to its total equity and can be used to evaluate how much leverage a company is using.
Debt-to-equity ratio is calculated by using formula:
Debt-to-equity ratio = Total debt (or liabilities)/Total equity
From the formula, Total equity = Total debt/Debt-to-equity ratio
In Tiggie’s Dog Toys, Inc., debt-to-equity ratio of 1.75 times and total debt was $25 million at the end of 2015.
Total equity = $25,000,000/1.75 = $14,285,714 (round up $14,29 million)
