All of these rely on the the production budget except selling and administrative expenses.
<h3>What is production budget?</h3>
Production budget refers to budget prepared with regard of the manufacturing under taken while producing the goods and services in the organization.
It includes all the expenses incurred in the process of the production such as the direct labor, cost of the raw material, manufacturing overhead.
Selling and administration expenses are not directly related to the production expenses but they help in the activity of the production. They are kind of non- production expenses.
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The company's net income will grow higher if it increases by 20% and then it will just keep getting higher and higher. Hope this helped, have a great day! :D
Answer:
Annual depreciation= $300
Explanation:
Giving the following information:
Purchasing price= $1,450
Salvage value= $250
Useful life= 4 years
F<u>irst, we need to determine the annual depreciation for the whole year using the following formula:</u>
<u></u>
Annual depreciation= 2*[(book value)/estimated life (years)]
Annual depreciation= 2*[(1,450 - 250) / 4]
Annual depreciation= $600
<u>Now, for 6 months:</u>
Annual depreciation= (600/12)*6= $300
Answer:
no
Explanation:
profit businesses have the only motive to gain profit whereas non profit businesses main motive is to provide the supply of goods and services to the general public.....without a fee
Answer:
Price of One Bush is $ 23
Explanation:
Suppose
bushes = B
trees = T
According to given condition:
13B + 4T = 487 (Eq: 1)
6B + 2T = 232 (Eq: 2)
Multiplying (Eq: 2) by 2
12B + 4T = 464 (Eq: 3)
Substractign (Eq: 3) from (Eq: 1)
13B + 4T - (12B + 4T) = 487 - 464
13B + 4T - 12B - 4T = 23
B = 23
By putting value of B in (Eq: 1)
(13 x 23) + 4T = 487
299 + 4T = 487
4T = 487 - 299
4T = 188
T = 188 / 4
T = 47
Price of One Bush = B = 23