Answer:Production budget for 2020 =77,000 units
Explanation:
Production budget also referred to as manufacturing budget tells a business the expected units needed to be produced which depends on the sales budget in the inventories ( both closing and opening) so as to meet customers demand.
Units produced = Projected sales + desired ending inventory – beginning inventory
Units Produced/ Production budget for 2020 =87,000 + 22,000 - 32,000
= 77,000 units
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Answer:
<u>The entire $100,000 sales price can be currently recognized since most of the conditions have been met.</u>
<em>Explanation:</em>
Remember, it was mentioned that Silverstone accepted the terms of the sales contract that states "SilverStone takes back all unused emission systems." But a new point was mentioned that four out of the five conditions were met by Silverstone which could grant them 95% percent of sales.
Thus, they can recognize the sales since most conditions were met.
Where will the proceeds from E's life insurance policy be directed to? The proceeds will be directed to F because he was the primary beneficiary at the time of E's death. When a life insurance policy is set up, you are able to name one or more people who are able to receive benefits from the policy, because the scenario above does not state anyone else was on the policy we have to assume it was just F. Therefor, F would receive full benefits from the policy.
If dividends are expected at regular intervals forever, then this is a perpetuity and the present value of expected future dividends can be found using the perpetuity formula
P0 = D / R
P0 = .50 / (.1 / 4) = $20
Your price would be $20
Hope this helps :)
