The adjusted trial balance represents the cost of goods sold as well as total sales. Thus, option D is correct.
<h3>What is the cost of goods sold? </h3>
Cost of goods means the direct cost that is included in the making of the goods. The cost of goods is calculated by adding the purchase price of the commodity and deducting the closing inventory.
A report known as an adjusted trial balance lists all the debit and credit firm accounts exactly as they would appear on the accounting records after reconciliations have been made. Therefore, option D is the correct option.
Learn more about the cost of goods sold, here:
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Answer:
100
Explanation:
Goal programming is an optimization technique that allows for multiple, normally conflicting objectives and then attempts to solve each goal sequentially to a satisfactory level. In goal programming, differential variables are being used.
Since the goal programming problem had two goals. Goal number 1 was to achieve a profit of $2,400 and goal number 2 was to have no idle time for workers in the factory. The optimal solution to this problem resulted in a profit of $2,300 and no idle time
This means that goal number 2 was achieved since the optimal solution resulted in no idle time. But goal number 1 was not achieved because a profit of $2300 was achieved in the solution instead of $2400.
Therefore, the value for the objective function for this goal programming problem = 2400 - 2300 = 100
<span>They are considered decreasing term policies. In these policies, the benefits usually decrease over the life of the policy: that is, the closer one gets to the end of the policy term, the less the benefit will typically be. At the end of the term, there is no option to renew for the same premiums, and the policy simply expires.</span>
Answer:
3,500 pounds
Explanation:
By applying the below formula we get:
AQ(AP-SP)
USD 5,250 (unfavorable price variance
)
USD 5,250/(AP - SP) = AQ
So,
USD 5,250/(USD 56.50 - USD 55.00)
= 3,500
Answer:
Ans. A) $9,314.45
Explanation:
Hi, first we have to bring to present value the monthly payments to be made for 30 years (360 months). In order for this to be useful, we have to convert this annua compounded monthly rate (6.25%) to an effective rate, that is 6.25% / 12 = 0.5208%. Now, when we find this present value, we are going to substract it from the price of the house and that is the value of the down payment. But let´s just go ahead and do it together.
We have to use this formula to bring to present value the $1,595.85 monthly payments, for 30 years (360 months) at a rate of 6.25% (0.5208% monthly).
![PresentValue=\frac{A((1+r)^{n}-1) }{r(1+r)^{n} }](https://tex.z-dn.net/?f=PresentValue%3D%5Cfrac%7BA%28%281%2Br%29%5E%7Bn%7D-1%29%20%7D%7Br%281%2Br%29%5E%7Bn%7D%20%7D)
It should look like this
![PresentValue=\frac{1,595.85((1+ 0.005208 )^{360}-1) }{0.005208(1+0.005208)^{360} }](https://tex.z-dn.net/?f=PresentValue%3D%5Cfrac%7B1%2C595.85%28%281%2B%200.005208%20%29%5E%7B360%7D-1%29%20%7D%7B0.005208%281%2B0.005208%29%5E%7B360%7D%20%7D)
![Present Value=259,185.55](https://tex.z-dn.net/?f=Present%20Value%3D259%2C185.55)
Now, let´s go ahead and find the down payment.
![DownPayment=Price-PresentValue](https://tex.z-dn.net/?f=DownPayment%3DPrice-PresentValue)
![DownPayment=268,500-259,185.55= 9,314.45](https://tex.z-dn.net/?f=DownPayment%3D268%2C500-259%2C185.55%3D%209%2C314.45)
So, the answer is a). $9,314.45
Best of luck.