Answer:
$710,000
Explanation:
A flexible budget is a type of budget that changes in relative to the volume of output
<u>Workings</u>
Monthly Fixed manufacturing cost - $50,000
Variable cost /Ton - $12
Production in March -55000
Variable cost of production in March - $(12*55000) = $660,000
Total manufacturing cost = Fixed cost + Variable cost
$660,000 + $50,000= $710,000
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Answer:
The correct answer is letter "E": Sunk costs that have been expensed for tax purposes.
Explanation:
Capital budgeting is a planning process used by companies to evaluate which large projects they will invest in and how to finance them. It is sometimes called "<em>Investment Appraisal</em>". The type of projects experts analyze in capital budgeting include such major investments as building a new plant, buying new machinery, developing a new product, or buying another company, that is why option "<em>E</em>" is meaningless for this type of purpose.
Answer:
Time period from September 1 - December 31 is 4 months and this means that the tenant has occupied the place for 4 months. Hence, 4 months rent would be accrued.
12 Month rent amount = $24,000
Per month rent amount = $240,00/12 month = $2,000
So, Rent for 4 months = 4 month * $2,000 = $8,000
Adjusting Entry
Date Account titles Debit Credit
Dec 31 Unearned Rent Revenue $8,000
Rent Revenue $8,000
Answer:
The productivity will be higher in Brazil.
Explanation:
Below is the given values:
Total annual output = $600 million
Working hours = 30 million hours
Total annual output in Peru = $800
Working hours in Peru = 50 million hours
The productivity will be higher in Brazil because per hour productivity is 600/30 = 20 million. While in Peru the per hour productivity is 800/50 = 16 million
Moreover, the variation in the living standard in the country will be due to the differences in productivity.
