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nataly862011 [7]
3 years ago
7

How to work out opening balance?​

Business
2 answers:
vredina [299]3 years ago
8 0

Answer:

...

Explanation:

Marrrta [24]3 years ago
5 0

Answer:

Opening Balance (what you have in bank at the start) plus Total Income (what money comes in) minus Total Expenses (what money goes out) equals Closing Balance (what money you have left). The Opening Balance is the amount of cash at the beginning of the month (1st day of month).

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Kaspar Corporation makes a commercial-grade cooking griddle. The following information is available for Kaspar Corporation's ant
Leto [7]

Answer:

Total cost per unit is $77

Explanation:

Fixed manufacturing overhead per unit = Total fixed manufacturing overhead ÷ Number of units

= $478,800 ÷ 34,200 = $14 per unit

Fixed selling and administrative expenses per unit = Total Fixed selling and administrative expenses ÷ Number of units

= $171,000 ÷ 34,200 = $5 per unit.

Total cost per unit = Direct material + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead + Variable selling expenses + Fixed selling expenses

Total cost per unit = $15 + $5 + $11 + $14 + $5 + $5 = $55 per unit.

Markup = 40% of total cost = $55 × 40% = $22

Therefore, total selling price per unit = Cost per unit + Markup

= $55 + $22 = $77 per unit.

7 0
4 years ago
In a closed​ economy, the values for​ GDP, consumption​ spending, investment​ spending, transfer​ payments, and taxes are as​ fo
Oliga [24]

Answer: Option (C) is correct.

Explanation:

National Savings is divided into two parts, private savings and public savings.

Private Savings = GDP - Taxes + Transfer payments - Consumption Spending

                         = Y - T + TR - C

                         = 12 - 3 + 2 - 9

                          = $ 2 trillion

Public Savings  = Taxes - Government Spending - Transfer payments

                           = 3 - 0 - 2

                           = $1 trillion

∴ Option (C) is correct.  

Private saving = ​$2 trillion and public saving = ​$1 trillion.

3 0
4 years ago
From studying Geert Hofstede’s cultural dimensions, what differences exist between the United States and Brazil that may be rele
Alex

Answer:

what differences exist between the United States and Brazil that may be relevant to your communication?

Using Geert Hofstede's cultural dimensions as a framework, we can determine that the United States is higher on individualism while Brazil is higher on collectivism.

The United States is also higher on restraint, while Brazil is higher on indulgence.

2. How can you use words to relate to each audience?

For the United States, you should use words that motivate individuals. For Brazil, you should words that motivate collective groups.

3. What images will you use for each audience?

Again, for the United States, you should use images that represent individualistic cultural values, while the opposite should be used for Brazil: picture that represent more collectivist cultural values.

6 0
3 years ago
A study was done on the campus of a major state institution to measure attitudes of students to-wards the recent fee increase. O
kiruha [24]

Answer: Ordinal scale.

Explanation:Ordinal scale is the level of measurement that gives the ranking of data without showing the degree of variation between them. It helps in identifying if object has more or less characteristic when compared to another object but does not tell the exact weight of the characteristic. Data in Ordinal scale is usually given in order of magnitude since there is no standard of measurement of differences. For example 1=most willing to 5=least willing.

3 0
3 years ago
The process of an economy adjusting from a recession back to potential gdp in the long run without any government intervention i
Klio2033 [76]
It is known as the automatic mechanism. It is quite recently a similar with regards to regarding the essential privileges of presence: It is just conceivable to take in the capacity of how to watch the fundamental privileges of presence in each circumstance, by intentionally rehearsing it as every now and again as could be expected under the circumstances. It is just when this has turned into an automa­tic system, that we have accomplished our goal.
6 0
3 years ago
Read 2 more answers
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