Answer:
Total Sales Units 55,600
Total Sales Budget 55600*83= $ 4614,800
Explanation:
PAIGE COMPANY
Sales Budget
For the year ending December 31, 2020
Quarter 1 2 3 4
Sales units 10,100 12,200 14,700 18,600
<u>Sales Price $ 83 $ 83 $ 83 $ 83</u>
<u>Sales Budget $838300 $ 1012600 $1220100 $1543800</u>
As the sales units for each quarter and unit sales price is given we can easily calculate the sales budget by multiplying the units with the units price.
Total Sales Units 55,600
Total Sales Budget 55600*83= $ 4614,800
Similarly the total units can be calculated by adding the units in the quarters and multiplying it with the unit cost will give the total sale budget for the year.
A firm that makes shirts for a budget department store decides to develop a new cotton shirt type. The company would most likely make shirts that are less expensive to produce.
<h3>What is
the name of the business?</h3>
A corporation is a legal body that represents a group of people with a common goal, whether natural, legal, or a combination of both. A company can be run by the single person or a group of person decided to operate the company.
There are options in this question that are-
- sell at a high price
- be less costly to create
- use a nonrenewable resource
- satisfy the wants and needs of consumers
Thus, option B is correct.
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Answer:
$45,000
Explanation:
Data provided in the question:
Selling cost of the furniture on May 1, 2015 = $300,000
Original cost of the machine on January 1, 2008 = $750,000
Depreciable Life of the furniture = 10 years
Salvage value = $75,000
Now,
Annual depreciation = 
or
Annual depreciation = 
or
Annual depreciation = $67,500 per year
The total duration from the date of purchase to date of selling
= 7 years 4 months
or
= 7 × 12 + 4 months
= 88 months
= 
years
therefore,
The total accumulated depreciation till the date of sale
= Annual depreciation × Duration
= $67,500 ×
= $495,000
Thus,
The book value on May 1, 2015
= Purchasing cost - Accumulated depreciation
= $750,000 - $495,000
= $255,000
Hence,
The gain recognized = Selling cost - Book value
= $300,000 - $255,000
= $45,000
Answer:
The report for cost of goods sold during 2018 intels $23196 million.
Explanation:
cost of goods sold = Sales revenue - Gross profit
= (59387 - 36191)
= $23196 million
Therefore, The report for cost of goods sold during 2018 intels $23196 million.
Answer: b. No, Public Officials cannot give consideration on duties they are already supposed to perform.
Explanation:
The options are:
a. Yes, as long as the contract is registered with the Secretary of State
b. No, Public Officials cannot give consideration on duties they are already supposed to perform
c. Yes, as long as 50$ is reasonable amount to watch the business
d. Yes, as long as a court reviews the contract within 30 days
e. No, unless a court approves the agreement.
From the question, we are asked whether local businessman can pay a police officer $50 a week to watch his business more closely. This is not true as Public Officials cannot give consideration on duties they are already supposed to perform.
The role of the police is to ensure that lives and properties are always safe and they're pair by the government for the role, therefore, they shouldn't be offered money to do what they're naturally expected to do.
