Answer:
25%
Explanation:
Using simple trend, to calculate the predicted sales/profit of 2018, we use;
(percentage sales of 2017 - percentage sales of 2016) ÷ percentage sales of 2016.
we have,
percentage sales in 2018 = <u>20 - 16</u>
16
= <u>4</u>
16
= 0.25.
Percentage sales in 2018 = 25% i.e 0.25 x 100%
Cheers.
Answer:
c) $13,000.
Explanation:
Using the accounting equation;
Assets - liabilities = Owners' equity
Owners' equity is usually made up of the common stock and the retained earnings.
Therefore, given;
Assets = $50,000
Liabilities = $22,000
Owners' equity = $50,000 - $22,000
= $28,000
Owners' equity = Retained earnings + common stock
Retained earnings = $28,000 - $15,000
= $13,000
Amount for retained earnings is $13,000.
Answer:
it may personal finance
Explanation:
because it's is include personal site
Answer:
Total work in process = $12,900
Explanation:
Provided information,
Cost incurred during the month on this order
Direct Materials = $2,100
Direct Labor = $3,600
Provided overheads are 200% of the direct labor cost = $3,600 
200% = $7,200
Thus month end balance of work in process = $2,100 + $3,600 + $7,200
Total work in process = $12,900
Note: additional information regarding expenses to be incurred is to be ignored, and the above value is the value of work in process.
Total work in process = $12,900
