The entire current assets are subtracted from the non-cash assets. The quantity of cash shown on the balance sheet is represented by this figure. Prior to including them in the report, add the cash and petty cash totals to simplify the balance sheet. The cash line of the balance sheet report should now reflect the combined sum.
An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement. One of the three primary financial statements used to assess a company is the balance sheet. It offers a snapshot of the assets and liabilities of a corporation as of the publication date.
A balance sheet is a summary of the financial positions of a person or an organization in financial accounting, regardless of whether they are a sole proprietorship, a business partnership, a corporation, a private limited company, or some other type of entity like a government or not-for-profit entity.
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Answer:
be indifferent between the two meals
Explanation:
Marginal utility is the additional satisfaction received from consuming an additional unit of a good or service. Marginal utility is the additional utility derived from consuming one more unit of a good. the consumption decision is to consume more units of a good that gives the higher utility per good.
Marginal utility per good = marginal utility / price of the good
Whopper combo meal = 15 / 3 = 5
a meal at the Embassy Suites = 145 / 29 = 5
both meals have the same marginal utility of 5. She would be indifferent between consuming the two meals
Answer:
Beginning work in process= $7000
Explanation:
Giving the following information:
Cost of goods manufactured by $112,000.
Direct materials cost of $52,000
Direct labor cost of $37,000.
Overhead cost of $26,000.
The work in process balance at June 30 equaled $10,000
Work in process on June 1?
Cost of goods sold= Beginning work in process + direct material + direct labor + manufacturing overhead - ending work in process
112000= ? + 52000 + 37000 + 26000 - 10000
Beginning work in process= 112000 - 52000 - 37000 - 26000 + 10000= $7000
Answer:
variable per unit $ 89.72
fixed cost per unit $ 26.5
total unit cost $ 116.22
Explanation:
Variable cost per machine-hour
825,420 / 9,200 = 89.72
This will keep constant at unit level thus, at 9,400 the variable cost will still be 89.72
Now fixed cost: 249,100 / 9,400 output = 26.5
This is the fixed cost per unit considering a 9,400 untis output
Now, we add them to get the total unit cost:
89.72 + 26.5 = 116.22
Answer: Description, Date, and Amount.
