Answer:
458,000
Explanation:
Beginning inventory = 1,200 units
Budgeted sales = 456,000 units
Desired ending inventory = 3,200 units
Now,
Production Required is given as:
= ( Budgeted Sales + Ending Inventory Required ) - Beginning Inventory
on substituting the respective values, we get
Production Required = 456,000 + 3,200 - 1,200
or
Production Required = 458000
Answer: The authorization of funds for the museum is an example of an earmark.
Explanation:
Earmarking is the act of setting aside particular fund for a specific purpose.
In the United States, earmarks are directive from the Congress that funds should be allocated and spent on certain projects.
For example, one can say the prime minister has earmarked three billion dollars for the construction of new hospitals. The expenditure on the funding of the public art museum is an earmark.
Answer:
Jargon
Explanation:
Based on the scenario being described within the question it can be said that the term "spatial organization" exemplifies Jargon. This term refers to any and all specialized terminology associated with a specific field or area of expertise. It is usually used between individuals of the same field who understand the word's meaning in a certain context, since those outside of the field may not understand it.
Answer and Explanation:
The computation of the estimated liability and the journal entry is given below:
But before that following calculations need to be done
The Estimated defective units is
= 70,000 × 4%
= 2,800 units
the actual defective units is
= 460 + 350 + 210
= 1,020 units
The no of unclaimed units is
= 2,800 - 1,020
= 1,780 units
Now the warranty expense is
= 1,780 units × $60 per unit
= $106,800
Now the journal entry is given below:
Product warranty expense Dr $106,800
To Estimated liability $106,800
(Being estimated liability is recorded)
Answer:
The answer is a. States benefits are payable to an individual who is related to the deceased insured by blood or marriage
Explanation:
A facility of payment clause is a provision in life insurance that allows the insurance company to choose the beneficiary or give part of the proceeds to someone other than the beneficiary. The company may have the choice of giving the entire death benefit to a relative of the insured, for instance, after his or her death because the official beneficiary is a minor or is also deceased.
