On January 2, Haskins Company purchases a laser cutting machine for use in fabrication of a part for one of its key products. Th
1 answer:
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Answer:
The balance in the Prepaid Rent account as of April 30, 2018 = $7,200
Explanation:
Monthly rent = $3,600
Rent paid on 1 January = $3,600 6 = $21,600
Out of which Prepaid Rent = $3,600 5 = $18,000
for 5 months
Prepaid rent account as on April 30 balance will be of rent for May and June,
That is $3,600 2 = $7,200
Only this amount will be outstanding in prepaid rent as for the month till April each month rent would have been adjusted from February to April.
Final Answer
The balance in the Prepaid Rent account as of April 30, 2018 = $7,200
Answer:
594 units
Explanation:
We must apply the logistics growth model, since applying linear or exponential growth will result in numbers which are much higher than the total production capacity of this facility. When we use the logistics growth model, the growth rate decreases as the resource limit approaches.
f(x) = c / (1 + ae⁻ᵇˣ)
initial value = c / (1 + a) = 240
600 = 240 + 240a
360 = 240a
a = 1.5
b = growth rate = (360 - 240) / 240 = 0.5
x = 5
e = 2.71828
f(x) = 600 / [1 + [1.5 x (2.71828⁻⁵) = 600 / 1.010106954 = 593.9965 = 594 units
