Answer:
The correct answer is D
Explanation:
The journal entry to be recorded for the salary is as:
Salary expense A/c...........................Dr $12,000
Salary Payable A/c...........................Cr $12,000
Being the salary which is paid weekly, become accrued
Working Note:
Single day amount = Weekly payment / Number of days
= $30,000 / 5
= $6,000 per day
So, computing for 2 days (Monday and Tuesday) salary as:
Amount = Per day salary × Number of days
= $6,000 × 2
= $12,000
Answer:
a) 6W+15B
subject to:
4W+2B ≤ 60
4W + 12B≤ 120
W>0
B>0
b) see attachment
Explanation:
a) W: wren birdhouse
B: bluebird house
Objective function:
6W+15B
Explicit constraints:
4W+2B ≤ 60
4W + 12B≤ 120
Implicit constraints
W>0
B>0
b) coordinates of optimal region:
(0,0), (0,10), (12,6), (15,0)
For optimum profit:
(0,0): 6(0) + 15(0)= 0
(0,10): 6(0) + 15(10)= 150
(12,6): 6(12) + 15(6)= 162
(15,0): 6(15) + 15(0)= 90
Optimal solution is: (12,6) or 12 wren birdhouse and 6 bluebird house
Answer:
$25,000
Explanation:
Calculation for how much must Martin provide to fund this bequest
Using this formula
Value provided to fund bequest= First year Cash flow /(Interest rate-Growth rate)
Let plug in the formula
Value provided to fund bequest=$1,000/(0.11-0.07)
Value provided to fund bequest=$1,000/0.04
Value provided to fund bequest=$25,000
Therefore the amount that Martin must provide to fund this bequest is $25,000
Answer:
$357,000
Explanation:
The stock of gallons of insecticide would be valued at the lower of cost or net realizable value.
The cost here is $357,000 when compared to net realizable amount of $819,000,the cost is lower,hence the stock of the insecticide would be shown in the balance sheet as an asset,supplies ,in the amount of $357,000
The supplies would an a current asset in the balance sheet,hence when it is used supplies would be credited while supplies expense is debited