Answer: D. $21,320
Explanation:
The cash disbursements for manufacturing overhead expenses for March should be :
budgeted fixed manufacturing overhead expense is $19,240 per month less depreciation of $3,380 per month.
= $19,240 - $3,380 = $15,860
The sales budget shows 1,300 units are planned to be sold in March. The manufacturing overhead expense is $4.20 per unit
= 1,300 x $4.20 = $5,460
Therefore $15,860 + $5,460 = $21,320
<u>Explanation:</u>
Some of the various forms of business ownership include:
- partnership
- sole proprietorship
- limited liability company
<u>The benefits of establishing a company (limited liability company):</u>
- owners asset are separated from any liability the company incurs > in sole proprietorship the owners personal asset can incur liability.
- excluded from federal income taxe.
<u>The challenges:</u>
- requires high setup cost > this is not the case with sole proprietorship.
- raising capital for operations is diffficult
Answer:
Encoding the message
Explanation:
Composing of an email by Jenna is the communication process of encoding message.
there are various stages of communication but the one in the above question is encoding of message.
Encoding a message means compiling or creating the message for the receiver with the aim of the receiver being able to understand the information and be able to reply as well.
Jenna sends the email using coded meanings as well as globally comprehensible words to create the email.
Cheers.
Answer:
Purchasing Agent
Explanation:
Purchasing agents work in the procuring department under the purchasing manager. Their role is to procure supplies, equipment, and services for a company. Purchasing agents ensure the business operations do not stop due to lack of supplies.
Ideally, purchasing agents should be good negotiators. They have to balance cost and quality when purchasing. The objective is to buy the best quality of goods or services for the lowest price and adequate quantities.
Answer:
Product category units cost NRV year-end inventory
Tools:
-
Hammers 120 <u>$5.50</u> $6.00 $660
- Saws 250 $10.50 <u>$9.50</u> $2,375
- Screwdrivers 350 <u>$2.50</u> $3.10 $875
Paint products:
-
1-gallon cans 550 $6.50 <u>$5.50</u> $3,025
- Paint brushes 120 <u>$4.50</u> $5.00 $540
1) carrying value of year-end inventory:
Tools:
-
Hammers $660
- Saws $2,375
- Screwdrivers $875
- sub-total $3,910
Paint products:
-
1-gallon cans $3,025
- Paint brushes $540
- sub-total $3,565
Total $7,475
2) adjustment to tools:
Dr Cost of goods sold 250
Cr Inventory: tools 250
adjustment to paint products:
Dr Cost of goods sold 550
Cr Inventory: paint products 550
or total adjustment to inventory account:
Dr Cost of goods sold 800
Cr Inventory 800
