Answer:
The correct option is c. she/he must account for a delay between the sale and the actual collection of the proceeds
Explanation:
As in the given question, it is mentioned that the credit sale is made, so the owner would remember the delay between the sale and the actual collection so that he knows the gap between these two.
Moreover, for cash budgeting purposes, it is necessary to remember when the owner received the cash and the date on which credit sale was made.
So, all other options are incorrect because it doesn't make any comparison between these two thing which is important for cash budgeting purposes.
Hence, The correct option is c. she/he must account for a delay between the sale and the actual collection of the proceeds
<span>As a result of their wider networks and ability to sabotage crops when it was most beneficial for them, the black farmers which emerged following the Civil War were able to make money sharecropping due to the ability to influence the workflow and yield that would arise.</span>
Answer:
Option (3) is correct.
Explanation:
Given that,
Unit completed and transferred out = 74 units
Ending work in process = 20 units
Here, we are using a weighted-average process cost system,
Equivalent units:
= Unit completed and transferred out + (Ending work in process × Percent completion)
= 74 units + (20 units × 100%)
= 74 units + 20 units
= 94 units
Therefore, the Fabrication Department's equivalent units of production related to materials for July is 94 units.
Answer:
The appropriate answer is "$8,457,50".
Explanation:
The given values are:
Direct material cost,
= $9,500
Direct labor cost,
= $10,400
Units completed in job 412,
= 4
Now,
The total cost for completion of job 412 will be:
= 
On substituting the values, we get
= 
= 
($)
Unit produced cost will be:
= 
= 
($)
70% of unit produced cost will be the profit margin, then
= 
= 
($)
hence,
The price charged to the customer will be:
= 
On substituting the values, we get
= 
= 
($)
Answer:
Long-term investments.
Explanation:
Capital budgeting can be regarded as process that is been utilized by business in determining the type proposed fixed asset purchases that need to be declined or should be accepted. This process helps in creating quantitative view as regards the proposed fixed asset investment, so that rational basis to make make a judgment can be surfaced. It should be noted that Capital budgeting is the process of analyzing Long-term investments.
