Answer and Explanation:
The preparation of the schedule for budgeted cash payment for the April, May and June is presented below:
<u>Particulars April May June</u>
Current month $56,000 $77,000 $84,000
($80,000 × 70%) ($110,000 × 70%) ($120,000 × 70%)
Prior month $24,000 $33,000 $36,000
($80,000 × 30%) ($110,000 × 30%) ($120,000 × 30%)
Total purchase $80,000 $110,000 $120,000
Explanation:
A.
make sure that all products are bought from the same vendor
B.
make sure that products displayed (sold) near each other are of similar categories
C.
make sure that the merchandise is only available to a few elite sections of society
D.
make sure that the products are kept clustered together at the center of the store
Answer:
A request fro proposals is the correct answer.
Explanation:
Answer:
using conventional costing system:
- unit cost mercon = $21.40
- unit cost wurcon = $90.80
total production costs using conventional costing system:
- 4,000 units of mercon = 4,000 x $21.40 = $85,600
- 8,000 units of wurcon = 8,000 x $90.80 = $726,400
Explanation:
Mercon Wurcon
Direct materials cost per unit $9.00 $7.00
Direct labor cost per unit $6.00 $7.00
Direct labor-hours per unit 0.20 2.40
overhead rate applied $6.40 $76.80
Number of units produced 4,000 8,000
overhead rate = total overhead / total direct labor hours = $640,000 / [(4,000 x 0.20) + (8,000 x 2.40)] = $640,000 / 20,000 = $32 per direct labor hour
unit cost mercon = $9 + $6 + $6.40 = $21.40
unit cost wurcon = $7 + $7 + $76.80 = $90.80
Answer:
sales account debited Rs.30000
To computer accounted Rs. 30000
Furniture account debit Rs.70000
To Furniture house account Rs.70000
salary account debit Rs 40000
To cash account Rs 40000
Bank account debit Rs 70000
To sales account Rs70000
