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ArbitrLikvidat [17]
3 years ago
13

For next year, Williams, Inc., has budgeted sales of 19,000 units, targeted ending finished goods inventory of 1,750 units, and

beginning finished goods inventory of 1,250 units. All other inventories are zero. How many units should be produced next year
Business
1 answer:
Ne4ueva [31]3 years ago
3 0

Answer:

Production= 19,500

Explanation:

Giving the following information:

Ending finished goods inventory of 1,750 units

Beginning finished goods inventory of 1,250 units.

Sales= 19,000

<u>To calculate production, we need to use the following formula:</u>

Production= sales + desired ending inventory - beginning inventory

Production= 19,000 + 1,750 - 1,250

Production= 19,500

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On October 1, 2016, Adams Company paid $4,200 for a two-year insurance policy with the insurance coverage beginning on that date
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Answer:

d. Prepaid insurance $3,675, and Insurance expense $525.

Explanation:

Preparation of the journal entry to determine which of the following account balances are correct after adjusting entries have been made

Based on the information given the account balances that are correct after adjusting entries have been made will be PREPAID INSURANCE $3,675, and INSURANCE EXPENSE $525.

First step is to calculate the amount the company pay per month

Amount pay per month=$4,200/24 months

Amount pay per month = $175 per month

Last step

Since Three months have been used which are October, November, and December which means that $175 per month × 3 months = $525 which will be recorded as INSURANCE EXPENSE while the balance in PREPAID INSURANCE will be $4,200 - $525 = $3,675

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2 years ago
A firm must choose among three alternative ways to compensate its salaried employees. It can pay them at the end of each week, a
Murrr4er [49]
I believe the answer is B
6 0
2 years ago
Which is the correct way to write $450.05 in words on a check?
zysi [14]
According to the regulations in the united states, the correct way to write
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Four hundred fifty and 05/100

hope this helps
8 0
2 years ago
Read 2 more answers
Discuss the reasons for and against borrowing money
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You’d like to borrow money because it will fund for whatever you want to purchase or fund, but you’ll have to give it back and depending on interest it would be more expensive.
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John hamilton borrowed $500,000 from stone creek bank to open a new restaurant called sauce-it-up. John transferred $450,000 of
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The appropriate reflection of the cash transactions between these reporting entities is as follows:

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Cash   +$500,000           $450,000             -$500,000

           -$450,000

Balance $50,000            $450,000             -$500,000

<h3>What is a reporting entity?</h3>

A reporting entity is an economic unit that publishes general purpose financial reports to enable users make and evaluate their decisions about the allocation of scarce resources.

Thus, John Hamilton's cash holding increased by $50,000 net.  The cash holding of Sauce-It-Up increased by $450,000 while the cash holding of Stone Creek Bank decreased by $500,000.

Learn more about cash flows of reporting entities at brainly.com/question/24179665

7 0
2 years ago
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