Answer:
$30,000 increase
Explanation:
Piper Corp is operating at 70% capacity, and so we can produce the unit in-house at no increase to fixed cost we are already incurring. So we assume fixed cost for the extra production is zero
Without fixed cost the unit can be produced at $26, so cost of producing the units needed= 26*15,000= $390,000
To buy the product we need $24 per unit, so the cost of buying the needed units is= 24* 15,000= $360,000
The differential cost of making the part rather than purchasing it = Cost of inhouse production- Cost of Buying= 390,000- 360,000= $30,000
Spending plans are divided into three categories with roughly 50 % of the after tax budget going to the category of needs and 30% of the after tax budget going to wants, with the rest going to 20 % .
<h3>What is the 50-30-20
budget method?</h3>
The 50-30-20 approach that is often used in budgeting is known to be one one the of the simplest and very straight way in the aspect of money management options.
Note that this ideal is often made for those who need to form a budget but they are said to not possess the time or the patience to be able to keep track of their spending in a well detailed manner.
The ways is that one need to spend 50 percent of their after-tax pay on needs, 30 percent in regards to wants, and the last 20 percent in regards to savings or paying off any kind of debts.
Hence, Spending plans are divided into three categories with roughly 50 % of the after tax budget going to the category of needs and 30% of the after tax budget going to wants, with the rest going to 20 % .
Learn more about budget method from
brainly.com/question/13964173
#SPJ1
Answer: they help build equity and gain affinity with target audiences.
Explanation:
Many companies are attracted to event sponsorships because they help build equity and also gain affinity with target audiences.
An event sponsor is a firm that supports an event, by providing funds, as an exchange for something valuable. This "something valuable" can come in the form of increase in brand exposure, speaking opportunities at the event, access to attendee data,
or discounted event tickets
Answer:
A. Going-concern principle
Explanation:
The correct Choice is A.
This concept assumes that the business unit will continue operating under the same economic conditions and in the same general environment. But it does not assume that the business unit will be profitable as long as it exists.
Accounting is based on the assumption that business unit will be operating for long. When a business is started , it is assumed that the business will not be dissolved in the near future. The accounting system provides a continuous record of the performance of the business throughout its existence.
Answer:
Razor should accrue a liability in the amount of $0.
Explanation:
If the likelihood are likely and the quantity can be calculated with satisfactory precision, a contingent liability is to be accumulated. The amount cannot be calculated with reasonable precision in the given situation so no liability is to be acknowledged. Therefore Razor should accrue a liability in the amount of $0.
