D. manual
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I think company because they are responsable
Answer:
b. $226,000
Explanation:
Cost of goods sold is the direct expense incurred in producing goods to be sold in a period. It involves direct labor, direct material, and overheads.
Cost of good sold is determined by
Beginning stock + purchases - closing stock.
In this case, the costs of goods sold will be Direct labor + Direct materials + overheads. + (ending - beginning work in progress)
i.e., = $35,000 + $73,000+ $114,000 + $ 4000
=$226,000
Answer:
Total cash collection= $633,000
Explanation:
Giving the following information:
Budgeted unit sales:
May 52,000
June 53,500
Assume that all sales are on credit and are <u>expected to be collected 10% in the month of sale and 90% in the month following sale.</u>
<u>Cash collection June:</u>
Sales on account June= (53,500*60)*0.1= $321,000
Sales on account from May= (52,000*60)*0.1= $312,000
Total cash collection= $633,000
319,000$ of Janie's saving would not be covered under the deposit insurance scheme.
Explanation:
The Federal Deposit Insurance Scheme (FDIC) has been in the market for more than two and a half decade. It is involved in deposits insurance of the customer's savings at various banks.
The standard amount to be insured by the bank for a single depositor is 250,000$. Even for a joint account holder, the amount remains the same.
Since the Jamie co-holds the account with her mother and she has a savings of 569,000$
hence only 250,000$ of her savings would be insured by the FDIC.
Rest amount 319,000$ (569,000$-250,000$) remains un-insured.