The answer to this question is practical
Practical intelligence refers to people's capability in applying the knowledges that they have into real life situation.
In this particular case, Anwar already knew the effect of clothes depending on the weather, and he apply that knowledge in order to achieve a certain desired outcome
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Total Variable manufacturing costs 288,000
Unitary variable costs= 288,000/24,000= $12
Rhythm Company has offered to purchase 3,000 IT-54s at $16 each. No variable selling costs will be incurred.
Because it is a special offer and there is available capacity, we will not have into account the fixed costs.
Effect on income= 3,000*(16-12)= $12,000 increase
Answer:
The correct answer would be, $70500
Explanation:
Raw Material Turnover means what amount of raw materials is used within a specific period of time. So the raw material turnover would be calculated by adding the beginning inventory with the amount of material used within the period, and then the remaining material will be deducted. So the whole calculations are shown as follows:
Beginning Raw Material Inventory: $5000
Raw Material Used: $71500
Ending Raw Material Inventory: $6000
Raw Material Inventory Turnover:
Beginning Inventory + Raw Material Used - Ending Raw Material
= 5000+71500-6000= $70500
Answer:
a. Sep 10
b. $21,823
c. $21,500
Explanation:
a) Due date of the note
July 13 to 31 = 19 days
Aug 1 to 31 = 31 days
Sep 1 to Sep 10 = 10 days
due date is Sep 10
b) Maturity value of the note
$ 21500 + $ 21500*9%*60/360
= $ 21823
c) Journal entry
Cash debit $ 21823
interest recieved credit $323
Notes Receivable credit $ 21500
