Answer:
13,620 units
Explanation:
The computation of the no of units produced is shown below;
Given that
Budgeted sales in May = 13,000 units
Budgeted sales in June = 16,100 units
Ending finished goods inventory is
= 20% of budgeted sales in units for the next month.
= Budgeted sales in June × 20%
= 16,100 × 20%
= 3,220 units
Now
Ending finished goods inventory for April is
= Budgeted sales in May × 20%
= 13,000 × 20%
= 2,600 units
Now Budgeted production in May is
= Budgeted sales in May + Ending finished goods inventory - Beginning finished goods inventory
= 13,000 + 3,220 - 2,600
= 13,620 units
Answer:
Spare Factory Capacity for youth bike = 7,500 SCU
Explanation:
Given:
Road Bikes require = 1.0 SCU per bike
Youth Bikes require = 0.25 SCU per bike
Total number of Youth bike = 30,000 units
Spare Factory Capacity for youth bike = ?
Computation of spare Factory Capacity for youth bike:
Spare Factory Capacity for youth bike = Total number of Youth bike × Youth Bike,s SCU per bike
Spare Factory Capacity for youth bike = 30,000 × 0.25 SCU
Spare Factory Capacity for youth bike = 7,500 SCU
Answer:
1. Amortization Expense; Patents.
2. Copyright.
Explanation:
Patent can be defined as the exclusive or sole right granted to an inventor by a sovereign authority such as a government, which enables him or her to manufacture, use, or sell an invention for a specific period of time.
Generally, patents are used on innovation for products that are manufactured through the application of various technologies.
Basically, the three (3) main ways to protect an intellectual property is to employ the use of
I. Trademarks.
II. Patents.
III. Copyright.
Copyright law can be defined as a set of formal rules granted by a government to protect an intellectual property by giving the owner an exclusive right to use while preventing any unauthorized access, use or duplication by others.
Filling the missing words or texts in the question, we have;
1. The entry to record the amortization of a patent would include a debit to amortization expense and a credit to patents. Amortization in financial accounting is used to periodically lower the book value of a loan principal or an intangible asset such as intellectual property over a set period of time.
2. Copyright: the exclusive right to publish and sell a literary, artistic, or musical composition is granted by a patent.
I am figuring this question out for you! one moment please
Explanation:
Answer:
the issuing firm received is $9,000,000 or $9 million
Explanation:
The computation of the issuing firm received is shown below;
= Number of shares sold × (sale price per share - spread)
= 500,000 shares × ($20 - $2)
= $500,000 shares × $18
= $9,000,000 or $9 million
Hence, the issuing firm received is $9,000,000 or $9 million
We simply applied the above formula so that the accurate value could come
And, the same is to be considered