Answer:
1. 2. April 30 $11600
31-May $20100
2. April 30 $3,200
31-May $11,90
3. Profit April 0
May$800
June $2975
Explanation:
1) Calculation for Work in Process Inventory at
April 30 and 31-May
Work in Process Inventory at
April 30=7500+4100
Work in Process Inventory at
April 30=$11600
Work in Process Inventory at31-May =4100+6900+4700+4400
Work in Process Inventory at31-May= $20100
2) Calculation for Finished Goods Inventory at
April 30 and 31-May
Finished Goods Inventory at
April 30: $3,200
Finished Goods Inventory at 31-May =7500+4400
Finished Goods Inventory at 31-May= $11,900
3) Calculation for Gross Profit
Gross Profit April : 0
Gross Profit May =3200*25%
Gross Profit May=800
Gross ProfitJune :- Job 10 =(7500+4400)*25% Gross Profit June 2975
Answer: Reach out to her Medicaid for their programs
Explanation:
There are programs that are set up to assist retiree's. Mrs Park should reach out to her state Medicaid agency and enquire if she is qualified for the programs they run which would assist her income.
Answer:
The incremental income from processing the oranges into orange juice would be =$51000.
Explanation:
Incremental income from further process= (Selling price per unit- Additional cost per unit)*No. of units sold
= ($66 per unit-$15 per unit)*1000 units
= $51000
Answer:
1.45 times
Explanation:
The computation of company's fixed asset turnover ratio is shown below:-
Average of Net Property, plant and equipment = ($3.0 million + $3.9 million) ÷ 2
= $6.9 million ÷ 2
= $3.45 million
Fixed asset turnover ratio = Net Sales ÷ Average of Net Property, plant and equipment
= $5 million ÷ $3.45 million
= 1.45 times
Therefore for computing the fixed assets turnover ratio we simply applied the above formula.
Urban-based industrial and service economies constitutes a larger share of GNI for most international locations in the region.
<h3>Which world areas has the greatest attention of low earnings countries?</h3>
Low-income economies are exceptionally observed in Asia and Africa, the place most of the world's populace lives (World Bank 2011).
<h3>Is GNP and GNI same?</h3>
GNP deducts the phase that leaves the country and offers a more significant indicator of the Irish economy. Gross National Income (GNI) is a comparable measure to Gross National Product. The distinction between them are the subsidies the European Union (EU) pay to us, and the taxes we pay to them.
Learn more about GNI here:
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