Answer:
26500.
Explanation:
Given: Sales of January, February and March.
Beginning inventory is 12000.
Company´s ratio of inventory to future sales is 45%.
Formula; unit to be produced= 
First step: finding February´s budgeted sales
Next months (February) budgets sales= 
Now, putting values in the formula to find unit to be produced.
Unit to be produced in January= (
∴ Unit to be produced in the month of January is 26500.
Answer:
A. 22.4%
Explanation:
Income TAXES
Operating profit before interest and tax $ 519.233
Net nonoperating expense before tax -$ 109.491
Subtotal $ 409.742
Provision for income taxes -$ 91.720 -22,4%
Net Income $ 318.022
Answer:
For recording the reduction in value the Journal entry is shown below:-
Explanation:
The Journal entry is shown below:-
Impairment Loss Dr, $11,70
To Debt Investment $11,70
(Being the reduction in value is recorded)
Therefore, Impairment loss is an loss and we already know that all the expenses and losses are debited and investment is an asset that shows the decrements hence it is credited.
Working note :-
Impairment loss = Carrying value - Decrease in value
= $76,700 - $65,000
= $11,700
Answer: The correct answer is the current cost of the television.
Explanation: When insurance coverage is for replacement value it means that if the insured suffers a loss they will receive the cost to replace the item. In this case, the television was $1,200 when he purchased it six years ago. If the same television is $2,000 to replace it, then he will receive the $2,000, not the $1,200 that he originally paid for it.
