Answer:
1. 4,200 units
2.7,200 units
Explanation:
<u>Prepare the Production Budget for January and February</u>
January February
Budgeted Sales 5,000 4,000
<em>Add </em>Budgeted Closing Stock 3,200 6,400
Total Production Needed 8,200 10,400
<em>Less</em> Budgeted Opening Stock (4,000) (3,200)
Budgeted Production 4,200 7,200
Budgeted Opening Stock for January comes from 80% of closing inventory from December !
There are video tutorials online. It might be a lot easier to understand it if you see it, rather than read it. Hope this helps! :)
Sally is most likely in the formal operational stage of development. This answer based on Piaget's 4 stages of cognitive development which describes the stages of human's mental development. Piaget's 4 stages of cognitive development consist of the sensory motor, the preoperational, the formal operational, and the concrete operational stage<span>. Sally is in the second stage of this theory. This is because she already has developed her logical thinking.</span>
Owner's equity at the beginning of the year is
Assets-liabilities
60,000−17,000=43,000
Owner's equity at the end of the year is
Beginning balance+revenues-expenses+additional investment-withdrawal amount
43,000+48,000−36,000
+8,000−9,000
=54,000
Owner's equity changed by
ending balance-beginning balance
54,000−43,000=11,000. ..answer
