Answer:
Total disbursements 81,666.66
Explanation:
The company pays within 60 daysand a quarter has 90 days. Therefore; from each quarter 1/3 are paid within the quarter (days 1-30) The subsequent days, from day 31 to 90 are paid within the next quarter.
During Q2 we are going to pay a third of the Q1 sales
and two third of the current quarter.
109,000 x 1/3 = 36,333.33
68,000 x 2/3 = <u> 45,333.33 </u>
Total disbursements 81,666.66
<span>They were involved in dumping, which is a technique specially used in international trade where producers sell their product under the cost of production in another country, therefore, losing money, in an effort to increase their market share and create a monopoly of the sales. It's very unfair and disloyal</span>
Answer:
Explanation:
From the question; in regard with the material requirements plan MRP for the item Z; we have the following constructed table:
Item Z 1 2 3 4 5 6 7
Gross 120
<u>Requirement </u>
<u>On-hand = 40 </u>
<u> Schedule reciept </u>
<u>Balance 40 40 40 40 40 40 - </u>
<u>Net requirement 80 </u>
Planned Order
<u>Receipt 80 </u>
Planned Order
<u>Release 80 </u>
Following the material requirements plan (MPR) for A.
Item A 1 2 3 4 5 6 7
Gross 160
<u>Requirement </u>
<u>On-hand = 70 </u>
<u> Schedule reciept </u>
<u>Balance 70 70 70 70 </u>
<u>Net requirement 80 </u>
Planned Order
<u>Receipt 90 </u>
Planned Order
<u>Release 90 </u>
Following the material requirements plan (MPR) for B.
Item B 1 2 3 4 5 6 7
Gross 320
<u>Requirement </u>
<u>On-hand = 100 </u>
<u> Schedule reciept </u>
<u>Balance 100 100 100 100 </u>
<u>Net requirement 220 </u>
Planned Order
<u>Receipt 220 </u>
Planned Order
<u>Release 220 </u>
Following the material requirements plan (MPR) for component C; we have:
Item C 1 2 3 4 5 6 7
Gross 440 270
<u>Requirement </u>
<u>On-hand = 30 </u>
<u> Schedule reciept 20 </u>
<u>Balance 50 50 </u>
<u>Net requirement 390 270 </u>
Planned Order
<u>Receipt 390 270 </u>
Planned Order
<u>Release 390 270 </u>
The account will decrease by $130
<h3><u>
Explanation:</u></h3>
Using the computerized point-of-sale systems and enterprise asset management software the inventories that are sold or purchased are recorded under the Perpetual inventory method. This method will provide the details about the running balance related to the cost of the available goods and services and also the cost of the good and services that are sold.
The expenses will be debited to inventory account. In the example given Middleton company purchased an item of inventory for $130 and sold the item to a customer for $200. Using the perpetual inventory method the effect of sale on account of the company;s goods sold will be that The account will decrease by $130.
.
Answer:
The amount recorded in the Land account is $61,200
Explanation:
The cost of acquisition/purchase of a landed asset includes all the normal, reasonable and necessary costs incurred in obtaining the land and getting it ready for use. These cost includes the price of the land, the legal fees, title fees, taxes, excavation costs etc. On the other hand, cost of improvements on the land are recorded on improvement on asset accounts, where depreciation is put in consideration when computing cost. This is separate from acquisition cost because, there is no depreciation on a land. The cost is calculated as follows:
purchase price = $ 45,000
broker's fees = $ 8,000
accrued taxes = $ 2,000
demolition = $ 2,700
grading = $ 1,500
excavation = $ 2,000
Total = $ 61,200