Answer:
B. Debit Budgetary Fund Balance -- Reserve for Encumbrances for $550,000.
Explanation:
X City made an order for goods worth $550,000 and when the goods were received the invoice states $551,000. The company should indicate in the invoice the correct amount received and work with that.
Reserve for encumbrances is an account that contains funds that have been reserved for a particular purpose. In this case since the order was made in February, the funds of $550,000 would have been put in this account.
On receipt of the goods we debit Budgetary Fund Balance -- Reserve for Encumbrances for $550,000 (the correct value of goods received).
Answer:
42,000
Explanation:
net inventory change + net a/p change
Answer:
move somewhere near Nevada.
hangout with grandkids.
have fun with my s/oand never get boring.
Answer:
Technology C
Explanation:
Total Cost = Fixed Cost + Variable cost * (Number of Units)
Total Cost for Technology A = $80000 + $2.20*(100,000 units)
Total Cost for Technology A = $300,000
Total Cost for Technology B = $120,000 + $1.85*(100,000 units)
Total Cost for Technology B = $305,000
Total Cost for Technology C = $130,000 + $1.65*(100,000 units)
Total Cost for Technology C = $195,000
Conclusion: The minimum total cost for 100,000 Unit is for process technology C, Hence this technology would be recommended
