The cost of direct materials transferred into the Bottling Department of the Mountain Springs Water Company is $1,098,900. The c
onversion cost for the period in the Bottling Department is $603,000. The total equivalent units for direct materials and conversion are 33,300 liters and 6,700 liters, respectively. Determine the direct materials and conversion cost per equivalent unit.
Business slander - it is considered to be business defamation when one party used unfair statements toward another competitive partner. This kind of statement is considered to be objectionable when parties comment or try to damage the competitor's reputation for personal interest.
Slander in business gives the right to person to file a civil action against the false statement by another person.
The budgeted cash receipts are equal to the total expected sales since the company only makes sales on cash.
The budgeted cash receipts are part of the cash budget that the company prepares. It estimates all the cash inflows (sales receipts) and cash outflows (expenses and merchandise purchases). The outflows are called budgeted cash disbursements.