Answer:
The correct answer is D.
Explanation:
Giving the following information:
Chef City projects sales of 625 10-inch skillets per month. The production costs are $5 per skillet for direct materials, $2 per skillet for direct labor, and $3 per skillet for manufacturing overhead. Chef City has 60 10-inch skillets in inventory at the beginning of July but wants to have an ending inventory equal to 25% of the next month's sales. Selling and administrative expenses for this product line are $1,000 per month. Chef City is budgeted to produce 721 skillets in July with a $10 production cost per skillet.
COGS= units sold* manufacturing cost
COGS= 625*10= 6,250
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C. May 2 Equipment—Store 3,500.00
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Answer:
A. A greater percentage of Canadian agricultural acreage was unplanted than of Brazilian agriculture acreage.
Explanation:
The planted acre yield Brazil is 68% than of Canada. The agricultural acre yield in Brazil is 115% of Canada. The difference between agricultural yield and planted acre yield is that agricultural yield is all the available land which can be used to grow crops whereas planted yield is the actual acre land which is planted with crops. The planted acre is less than agricultural acre which results in more are being unplanted in Canada than of Brazilian agricultural acreage.
Given; Equipment and building = $800,000Fair value of the land = $100,000Fair value of the building = $700,000Fair value of the equipment = $200,000
Solution;
$800,000 x [$100,000/($100,000 + $700,000 + $200,000)] = $80,000.
The company would record the land of $80,000
