It takes a lot ability to determine success. Wanting success on what your doing takes skill and talent. You can't succeed on something that your not great at, unless a specific goal is just trying something once.
Ns if this is what you meant but I hope this helps you :)
-Wolfs
Answer: Please see answers in explanation column
Explanation:
Accounts title and explanation Debit Credit
Sales returns and allowances $121,200
Sales refund payable $121,200
Calculation
Expected Sales returns and allowances = sales x expected percentage
= 2,020,000 x 6%= $121,200
Accounts title and explanation Debit Credit
Inventory returns estimated $72,600
Cost of goods sold $72,600
Calculation
expected Cost of goods sold = Cost of goods soldx expected percentage
= 1,210,000 x6%=$72,600
Answer:
$1905
Explanation:
Here we will have to calculate Economic Order Quantity to lower the ordering ordering and holding cost as much as we can. So here we will use the following formula to calculate the best number of units that we should order, which is as under:
Economic Order Quantity = SquareRoot (2 * Annual Demand * ordering cost per order / Holding cost per unit per year)
Here
Annual Demand = 900kg of palm oil per day * 52 weeks * 5 day a week / 7
Annual Demand = 900 * 52 * 5 / 7 = 33,429
And
Ordering cost per order = $57 per order
Annual holding cost per unit per year is 20% of $5.25 per kg which is $1.05.
So by putting values, we have:
Economic Order Quantity = Square Root (2 * 33,429 * 57 / 1.05)
Economic Order Quantity = 1905 kgs
Answer:
Total indirect manufacturing cost= $75,450
Explanation:
Giving the following information:
12,000 units:
Variable manufacturing overhead $ 1.50
Fixed manufacturing overhead $ 5.00
<u>First, we need to calculate the total fixed manufacturing overhead:</u>
Total fixed overhead= 5*12,000= $60,000
<u>Now, for 10,300 units:</u>
Total indirect manufacturing cost= 60,000 + 10,300*1.5
Total indirect manufacturing cost= $75,450
