Answer:
Feb March April
Sales units 11400 11900 13400
Add: ending inventory 2380 2680
Total 13780 14580
Less: Beginning inventory 2280 2380
Production units 11500 12200
Ram material req. per unit 5 5
Total Production needs 57500 61000
Add: ending inventory 24400
Total requirement 81900
Less: beginning inventory 23000
Total Purchase in Feb 58900
Answer is 58900 pounds
Explanation:
This implicates that you have to pass several tests from IRS, usually revolves around your primary employment and the amount of income you get from your business. If you somehow do not meet the standard in IRS test, IRS will classify your business as a hobby business and you wouldn't be allowed to use any expenditures as tax deductions
Answer:
Particulars Type Appearance
Account Payable Liability Balance Sheet
Property, plant and equipment Asset Balance Sheet
Inventories Asset Balance Sheet
Long term Debt Liability Balance Sheet
Cost of Goods Sold Expense Income statement
Retained Earnings Equity Balance Sheet
Research and Development Expense Income statement
Prepaid Expenses Asset Balance Sheet
Common Stock Equity Balance Sheet
Account Receivable Asset Balance
Answer: $146,000
Explanation: $146,000
Sales = (Firms estimates x low-priced line) - (Higer-Priced line x Average Price)
(7,000 × $59) + (-3,000 × $89) = $146,000