Answer:
If Julius wants to pay off his credit card's balance in 12 months, he will have to pay $119.40 per month. That means that he will need to cut off other expenses to make up the difference between $119.40 and his current minimum monthly payment of $34.15.
He has to find a way to cut off $85.25 (= $119.40 - $34.15) from his other expenses.
Answer:
When average fixed cost is large.
Explanation:
Answer:
Ending inventory cost= $1,494
Explanation:
Giving the following information:
Beginning Inventory: 300 $780
Purchases:
May 10: 400 units for $1,170
June 15: 500 units for $1,260 ($2.52 per unit)
August 28: 300 units for $990 ($3.3 per unit)
The company had 500 units were in its ending inventory at the end of the year.
Under FIFO (first-in, first-out), the ending inventory cost is calculated using the cost of the last units incorporated.
Ending inventory cost= 300*3.3 + 200*2.52= $1,494
I would say
division planning
product planning
business planning
corporate planning
<span>Answer:
Partners a and b receive a salary of $30,000 and $60,000, respectively, and share income and losses in a 2:1 ratio, respectively. if the partnership suffers a $30,000 net loss in 20x5, the entry to close the income or loss into their capital accounts is:</span>