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zimovet [89]
3 years ago
11

Analysis reveals that a company had a net increase in cash of $21,540 for the current year. Net cash provided by operating activ

ities was $19,400; net cash used in investing activities was $10,700 and net cash provided by financing activities was $12,840. If the year-end cash balance is $26,100, the beginning cash balance was:
Business
1 answer:
Galina-37 [17]3 years ago
4 0

Answer:

$ 4,560

Explanation:

Given data:

The net increase in the cash = $ 21,540

Net cash provided by operating activity = $ 19,400

Net cash used in the investing activities = $ 10,700

Net cash provided = $ 12,840

The year end cash balance = $ 26,100

now,

the year end cash will be the total of the cash that was present initially and the net increase in the cash.

thus, mathematically

Year end cash balance = Beginning cash balance + Net increase in cash

on substituting the values, we have

$ 26,100 = Beginning cash balance + $ 21,540

thus,

the Beginning cash balance = $ 26,100 - $ 21,540 = $ 4,560

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A cement manufacturer has supplied the following data:
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Answer:

d. $2.10 per unit

Explanation:

Calculation for What is the company's unit contribution margin

First step is to calculate the Variable cost using this formula

Variable cost = Variable Manufacturing Expenses + Variable Selling & Administrative Expenses

Let plug in the formula

Variable cost = $297,000 + $165,000

Variable cost = $462,000

Second step is to calculate Total Contributiom Margin using this formula

Total Contributiom Margin=Sales – Variable Cost

Let plug in the formula

Total Contributiom Margin= $924,000 - $462,000

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Now let calculate Unit Contribution Margin using this formula

Unit Contribution Margin= Total Contribution Margin/Total number produced and sold cement

Let plug in the formula

Unit Contribution Margin = $462,000 / 220,000 Unit Contribution Margin= $2.10 per unit

Therefore the Unit Contribution Margin will be $2.10 per unit

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3 years ago
A manufacturing company incurs direct materials costs of $6 per unit. The total direct materials cost is______when the company m
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Answer:

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Explanation:

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Answer:

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Explanation:

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