Answer:
The beginning raw materials inventory balance is $10,900
Explanation:
In this question, we apply the formula ending balance of raw material which is shown below:
Ending balance of raw material = Beginning balance of raw material + purchase of material - material requisitions
$24,900 = Beginning balance of raw material + $58,600 - $44,600
$24,900 = Beginning balance of raw material + $14,000
So, the beginning balance of raw material
= $24,900 - $14,000
= $10,900
Answer:
13.33
Explanation:
We have to write 2 equations to set equal to each other.
The first one will look like this:
200x + 5,000
The x will go with the 200 because the project revenue grows by $200 each month thereafter the start of $5,000.
The second equation will look like this:
50x + 7,000
The project begins at $7,000 and grows by $50 every month so the x will go with the 50.
Now, set them equal to each other
200x + 5,000 = 50x + 7,000
Solve
150x + 5,000 = 7,000
150x = 2,000
x = 13.333
Therefore, in the thirteenth month the project will breakeven.
<em>Hope this helps!!</em>
<em>- Kay :)</em>
Answer:
Break-even time is the shortest
Explanation:
Break-even time is an investment time base measurements which is used to evaluate the amount of time required before the present value of the net cash flows from an investment equals its initial cost. Thus, in this the project, the project with shortest break even time should be chosen by the company since time value of money is considered.
