Answer:
$831,600
Explanation:
The budget must account for all of the production of the first quarter and 20% of the production of the second quarter, the number of boots considered in the budget is:
Assuming that each boot uses exactly 2kg of raw material and that the company has 19,200 kg on hand, the amount of raw material still required is:
If the cost per kg is $9, then the budgeted materials purchases cost for the first quarter is:
The budgeted materials purchases cost is $831,600.
Answer:
Discovery of new oil reservoirs and technological developments on oil extraction.
Explanation:
The world has not run out of oil by two reasons. First, the discovery of new oil reservoirs and, second, the development of new technologies that increased extraction efficiency in a feasible way.
Answer and Explanation:
The preparation of the plant assets is shown below:-
Plant Assets
Partial Balance Sheet
December 31, 2013
Land $4,897,200
Buildings $26,630,000
Less : Accumulated Depreciation $13,904,550 $12,725,450
Equipment $46,406,800
Less : Accumulated Depreciation $9,182,250 $37,224,550
Total Plant Assets $54,847,200
Note:- Here, Building Details for 2023 are not provided, it will be included in the accumulated depreciation above if available
Answer:
what Cameron's firm has done in the past.
Explanation:
Small businesses do request for loans in some cases when they aim at using borrowed funds as capital to become more profitable in their business. When such requests are made, the bank can decide to look at what has been done in the past by the firm to ascertain if they can be able to repay the loan. They usually look at the current and past loans (If any) and debts that have been incurred by the business. In some cases, they also examine the bank accounts the business won and their tax IDs, etc.
Answer:
The maximum wage Allsion would be willing to hire Jim is $500 per a day.
Explanation:
Since Jim's appearance at the firm is estimated to create an additional revenue of $500 per day, for the firm to be profitable from hiring Jim to work for them, the additional cost incurred from hiring him - that is his salary, should not exceed $500 per a day.
Thus, the maximum wage the computer software company is willing to pay Jim is $500 per a day.
