Answer: 27,200 units
Explanation:
The ending inventory is calculated as;
Desired Ending Inventory = Beginning Inventory + Inventory produced - Sales in the quarter
(40,000 * 20%) = 3,600 + Inventory produced - 22,800
Inventory produced = 8,000 - 3,600 + 22,800
Inventory Produced = 27,200 units
Answer:
Dr Equipment $60,000
Cr. Horton, capital $60,000
Explanation:
Based on the information given we were told that Both of the partners agree that the fair value of the equipment was the amount of $60,000 which means that The appropiate journal entry made by the partnership to record Horton's investment should be:
Dr Equipment $60,000
Cr. Horton, capital $60,000
Answer:
Accounts receivable balance at the end of the month is $18,000
Explanation:
Accounts receivable balance at the end of the month = Accounts receivable balance at the beginning of the month + Accounts receivable increased during the month - Accounts receivable decreased during the month.
During the month, Tripod Inc. collected $12,000 from customers. Accounts receivable decreased during the month of $12,000
It sold $5,000 of merchandise on credit. Accounts receivable increased during the month of $5,000
Accounts receivable balance at the end of the month = $25,000 + $5,000 - $12,000 = $18,000
Answer:
So Helen can only make a deduction of $12000 from the value.
Explanation:
The amount is given as
The maximum value of phase out allowance is $25000
The value of loss reduction is calculated for the value of MAGI greater than $100,000 which is $26000 in this case thus the solution is given as
$25000-50% *$26000
=$25000-0.5*$26000
=$25000-$13000
=$12000
Answer: Informative advertising
Explanation:
The type of advertising would be best for Zephyr's FindIt is the informative advertising.
Informative advertising is refered to as the form of advertising whereby the strength and the features of the product are relied on. It relies on facts and is used in driving the demand for new products and services.