Answer:
$610,000
Explanation:
Based on the information given if he were to consider using the land and as well as the facility in a new project the COST that he should include in the PROJECT ANALYSIS will be the amount of $610,000 reason been that we were told received an offer of the amount of $610,000 for the land and as well as the facility last week.
Therefore using this land and facility in a new project, the cost that he should include in the project analysis will be $610,000
Answer:
The package of shoes and carryalls based on the sales mix expected for the coming year is:
= 4:1
Explanation:
a) This means for every 4 shoes, there is 1 carryall.
b) Data:
Company-wide Fixed costs = $91,500
Unit price of a pair of shoes = $60
The variable cost = $21
This gives a contribution to the fixed cost = $39 ($60 - $21) per unit
Unit price of carryalls = $36
The variable of carryalls = $9
This gives a contribution to the fixed cost = $27 ($36 - $9) per unit
Estimated quantity of pairs of shoes to be sold next year = 3,500
Estimated quantity of carryalls to be sold next year = 875
The ratio of shoes to carryalls = 3,500:875
= 3,500/875
= 4:1
The sales mix for Chillmax Company refers to the proportion of the company's total sales for each type of product sold (pairs of shoes and carryalls).
Answer:
11/01
Dr Cash $3.7 million
Cr Notes Payable $3.7 million
12/31
Dr Interest expense $55,500
Cr Interest payable $55,500
Explanation:
Preparation of the journal entries to Record the issuance of the note and the appropriate adjustment for interest expense at December 31, the end of the reporting period.
11/01
Dr Cash $3.7 million
Cr Notes Payable $3.7 million
(To record issuance of the note)
12/31
Dr Interest expense $55,500
Cr Interest payable $55,500
(To record adjustment for interest expense)
Interest Expense = Face Amount x Interest Rate x Time Period
Interest Expense= $3.7 million x .09x 2/12 Interest Expense=$55,500
Answer:
Make-A-Wish foundation
Earth hours
Explanation:
make a wish donates money and necessities
earth hours supports australian environment protection