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3 years ago

What are the necessary capital investments for starting a free-range poultry farm?

Business

1 answer:

enot [183]3 years ago

3 0

Answer:

chicks, chickens feed, roosting perches

Explanation:

chicks, chickens feed, roosting perches are the necessary capital investments for starting a free-range poultry farm.As the capital investment means funds or thing require to start any business so for poultry form chicks, chickens feed, roosting perches are most necessary thing.

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Foster Manufacturing uses a job order cost accounting system. On April 1, the company has Work in Process Inventory of $7,600 an

Andrej [43]

Answer:

Foster Manufacturing 

Journal Entries

Sr. No Particulars Debit Credit

1 Work in Process Job No. 221 1200

Work in Process Job No. 222 1700

Work in Process Job No. 223 2400

Work in Process Job No. 224 2600

Factory Overhead Indirect Materials 600

Materials Inventory 8500

Materials Requisitioned to specific jobs work in process inventory.

2. Direct Labor Work in Process Job No. 221 1600

Direct Labor Work in Process Job No. 222 2200

Direct Labor Work in Process Job No. 223 2900

Direct Labor Work in Process Job No. 224 2800

Indirect Labor 400

Payroll 9500

Factory OverheadControl 400

Direct Labor used for specific jobs.

3. Work in Process Job No. 221 1120

Work in Process Job No. 222 1540

Work in Process Job No. 223 2030

Work in Process Job No. 224 1960

Manufacturing Overheads 6930

Manufacturing Overheads applied to specific jobs at the rate of 70%.

4. Finished Goods Inventory $ 7940

Opening Work in Process Job No. 221 3600

Work in Process Job No. 221 Materials 1200

Work in Process Job No. 221 Direct Labor 1600

Work in Process Job No. 221 MOH 1540

Job 221 completed and transferred to finished goods.

3 0

3 years ago

Other things held constant, if a bond indenture contains a call provision, the yield to maturity that would exist without such a

zloy xaker [14]

Answer:

Other things held constant, if a bond indenture contains a call provision, the yield to maturity that would exist without such a call provision will generally be lower than the YTM with a call provision.

Explanation:

That is the correct answer to the question asked about bond indenture.

8 0

3 years ago

The community of Desertville traditionally produces a large number of tires and a small amount of kiwi fruit. Kiwis are become i

viktelen [127]

Answer:

The answer is TRUE.

According to the law of increasing costs, the cost of producing kiwis will increase.

Explanation:

The law of increasing costs states that as more factors of production are shifted from making one product or service to a second product or service, the cost of producing the second item increases.

As we can see in the scenario given above, the community of Desertville initially produced a small amount of Kiwi fruit. But as kiwis became more popular, its cultivation had to be expanded, therefore, increased costs would be incurred in the process of this expansion.

8 0

3 years ago

Using CVP analysis to find break even points and target profit volumes Mimi Incorporated has a targeted operating income of $518

Papessa [141]

Answer:

a. $28 per unit

b. 6,500 units

c. 25,000 units

Explanation:

a. The computation of the contribution margin per unit is shown below:

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $40.50 - $12.50

= $28 per unit

b. The formula to compute the break even point in units is shown below:

= (Fixed expenses ) ÷ (Contribution margin per unit)

= ($182,000) ÷ ($28)

= 6,500 units

c. The formula is shown below:

= (Fixed expenses + target operating income) ÷ (Contribution margin per unit)

= ($182,000 + $518,000) ÷ ($28)

= 25,000 units

7 0

3 years ago

Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a

drek231 [11]

Answer:

The total cost of the units completed and transferred out of the department was: $324,900

Explanation:

First Calculate Total Cost per Equivalent Unit

Materials $2.00

Conversion $3.70

Total $5.70

Then, Calculate the Cost of Units Completed and Transferred

Units Completed and Transferred × Total Cost per Equivalent Unit

57,000 × $5.70

$324,900

7 0

3 years ago