Pooler Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.15 direct labor
1 answer:
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Answer:
Fund X 311.87
Fund Y 172.41
<u>Total at end of year two $559,46</u>
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Explanation:
We will solve this like a math exercise with an equation system:
we can solve the factor and solve for each variable:
On the second equation we clear for X
X = 1,808834394785938Y
Now we express this value on the first equation
2.20803966361485X + 1.80611123466941Y =1,000
2.20803966361485(1,808834394785938Y) + 1.80611123466941Y =1,000
<u>And solve for Y</u>
5.800Y = 1,000
Y = 172,413793103
And now we solve for X
X = 1,808834394785938 Y
X = 1,808834394785938 (172,413793103) = 311,867999
We can check if this is correct:
We have 1 cent for rounding errors so we could say we are okay.
Now we can proceed to calculate the total at the end of year two
Amount = 365.41 + 194.05 = 559,46
Answer:
B.) The net cashflow from operating activities stands at $16,720 while that from investing activities was ($25,000) for equipment purchase. The net cash from financing activities is $13,200 giving a total net cash increase of $4920 for the year. With the total cash balance at end totaling $35,370 including the beginning cash balance of $30,450
Explanation:
Kindly check attached picture for detailed statement of cash flow
