Answer: $1,014,300
Explanation:
The company wants to maintain 20% of the next month's needs as ending inventory.
One Miniwap requires 2.5 kg of Jurision to be made.
Materials purchased is;
= Ending inventory + Materials used - Begining inventory
Ending Inventory;
= 20% of September Jurision
= 20% * 21,300 * 2.5
= 10,650 kg
Materials used
= 2.5 kg * August Miniwaps
= 2.5 * 22,600
= 56,500 kg
Materials Purchased = 10,650 + 56,500 - 10,800
= 56,350 kg
Cost of Jurision is $18 per kilo
= 56,350 * 18
= $1,014,300
Answer: C. Debit cash $71,000; debit land $132,000; credit Common Stock $203,000.
Explanation:
From the question, we are informed that Richard Redden, the sole stockholder, contributed $71,000 in cash and land worth $132,000 in exchange for common stock to open a new business, RR Consulting.
The journal entries will RR Consulting make to record this transaction will be:
Debit cash $71,000; debit land $132,000; credit Common Stock $203,000.
Answer:
It would be A. None of these items.
Explanation:
Insurance would never cover a TV, headphones, and two laptops.
Answer:
(a)
(b) profit = 95,683.33
Explanation:
C(x) = 5900 + 130 x
(a) Revenue, R(x) = Price × Quantity
(b) profit = R(x) - C(x)
At x = 1150
= 471,500 - 220,416.67 - 5,900 - 149,500
= 95,683.33
Answe: C timber
Explanation:because is a resouce that is in land factor of production