Answer and Explanation:
The computation of projected sales for 2019 by quarter and in total is shown below:-
Base sale amount Increase sale Quarter of projected
percentage sales
Quarter 1 $20,000
Quarter 2 $20,000 5% $21,000
Quarter 3 $21,000 5% $22,050
Quarter 4 $22,050 5% $23,152.5
Total $86,202.5
Here, we have increased 5% every quarter to reach quarter of projected sales.
The computation of XCs to be produce is shown below:-
Budgeted XCs to be produced + Desired ending inventory Available - opening finished inventory
= 1,400 + (900 × 60%) - 300
= 1,400 + 540 - 300
= 1,940 - 300
= 1,640
Answer:
Limited liability means the business owners' liability for debts is restricted to the amount they put into the business. With unlimited liability, the business owner is personally responsible for any loss the business makes.
Explanation:
Answer: Option (d)
Explanation:
Under this case the write off will be as follow:
Debit Credit
Allowance for doubtful accounts 25,200
Accounts receivables 25,200
Here, in this case the Allowance for the doubtful accounts and Accounts receivables are further decreased as the outcome of the transaction made. Thus, there will be no further effect on working capital. Therefore the $30,000 that is bad debt would then be stated as the credit to allowance account. This will then decrease the working capital by $30,000.
The two social factors that may contribute to unemployment in South Africa amongst the youth are:
- Illiteracy
- Lack of productivity
<h3>What is Unemployment?</h3>
This refers to the process of not being employed and being out of work either through not being qualified or considered surplus to requirements.
With this in mind, we can see that the low education levels which is essentially illiteracy or semi literacy is one of the biggest factors in youth unemployment in South Africa and also the lack of productivity.
Read more about unemployment here:
brainly.com/question/734393
Answer:
D) $128 per unit
Explanation:
The computation of the unit product cost using the absorption costing is shown below:
= Direct materials per unit + direct labor per unit + Variable manufacturing overhead per unit + fixed manufacturing overhead per unit
= $51 + $12 + $2 + ($441,000 ÷ 7,000 units)
= $128
We simply added the direct material, direct labor, variable manufacturing overhead per unit, and the fixed manufacturing overhead per unit
