Answer:
Because the freeze has damaged the orange crop, the supply curve wil shift to the left, since suppliers now have less oranges available for sale.
This will cause the equilibrium quantity to fall, because there is less produce available, and the equilibrium price to rise, because all else being equal demand remains unaffected, and now, more consumers will scramble for a lesser amount of the good.
Assuming the user took advantage of this offer, the amount that would be discounted on a $10,000 invoice is: $200.
<h3>
Discounted amount </h3>
Using this formula
Discounted amount =Discount rate× Invoice
Let plug in the formula
Discounted amount=2%×$10,000
Discounted amount=$200
Therefore assuming the user took advantage of this offer, the amount that would be discounted on a $10,000 invoice is: $200.
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Answer:
absolute reference
Explanation:
Based on the information provided within the question it can be said that in this scenario she uses an absolute reference to identify the cell containing the income value. This refers to an actual fixed location within an excel sheet, and it is usually locked so that the rows and columns associated with it won't change when it is copied.
Answer:
$45.99
Explanation:
Calculation for the applied factory overhead per unit for the Great P model
First step is to Calculate the total direct labour cost of High F and Great P
High F $175,200
($10,000*$17.52)
Great P $210,240
($16,000*$13.14)
Total direct labour cost $385,440
Second step is to calculate the factory overhead rate
Using this formula
Factory overhead rate=Budgeted factory Overhead cost/Allocation base
Let plug in the formula
Factory overhead rate=$1,349,040/$385,440
Factory overhead rate=350%
Now let calculate factory overhead per unit for the Great P
Direct labor cost per unit of product Great P $13.14
Great P Factory overhead per unit =$13.14*350%
Great P Factory overhead per unit =$45.99
Therefore Using the firm's volume- based costing, applied factory overhead per unit for the Great P model is $45.99
Answer:
$9,500
Explanation:
The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.
The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.
The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.
An increase in assets other than cash is an outflow while an increase in liabilities is an inflow. Depreciation and other non-cash expenses deducted in the income statements are added back while the non-cash income such gain on asset are deducted from net income.
Yowell's net cash flow from operating activities
= $44,000 - $10,500 - $24,000
= $9,500
Other transactions will be stated in the investing and financing sections of the cash flow statements
