Answer:
transfer cost $25
Explanation:
The minimum transfer price is equal to the marginal price.
The marginal price, in this case, will be the variable cost, because there is no additional fixed cost related to the transfer:
This should be analyzed like a special order request, only the variable cos matter unless we incur in additional fixed cost.
Marginal Cost = Variable cost: 25
Answer:
$53,300
Explanation:
Given that,
Common Stock account = $44,400
Beginning retained earnings = $32,600
Net income = $35,500
Dividend declared and paid = $14,800
Retained earnings at the end of the year:
= Beginning retained earnings + Net income - Dividend declared and paid
= $32,600 + $35,500 - $14,800
= $53,300
Therefore, the retained earnings at the end of the year is $53,300.
Answer:
Pay for marketing
Explanation:
Even though marketing isnt one of the biggest problems to deal with with no budget you still need to create a budget for it
Answer:
$242,000
Explanation:
Calculation for what The budgeted accounts receivable balance on May 31 would be
Accounts Receivable
Debit side
April 320,000
May 300,000
Total $620,000
Credit side
April 96,000 (30% x 320,000)
April 192,000 (60% x 320,000)
May 90,000 (30% x 300,000)
Total=$378,000
The budgeted accounts receivable balance=$620,000-$378,000
The budgeted accounts receivable balance=$242,000
Therefore The budgeted accounts receivable balance on May 31 would be $242,000
Importation is the term used to describe the act of buying and securing goods from another country.