Explanation:
4th one is the answer
American Railway Union (ARU)
Answer:
see below
Explanation:
In this transaction, Rs. 700 is used to pay for rent that the proprietor uses for personal use. The transaction will be captured in the drawings account. A drawing account is used to track all the money owners take from a business for personal use. The amount taken to pay rent, Rs. 700 will be debited Drawings A/c.
The transaction will decrease cash ( asset account) by Rs. 700. A decrease in assets is credited. Therefore, the cash account will be credited by Rs.700
The journal entry will be
Drawings A/c Dr. Rs.700
Cash A/c. Cr Rs.700
Answer:
The most accurate estimate of lost profits is
3) a weighted average that gives twice the weight to the last six months as to the first six months
Explanation:
In this case, after Mr James' suggestions, I consider several options as an estimate of lost profits, which are:
1) The full year: In this case the the entire data for the year would be considered for estimation.
2) The last six months: Here, half of the year's data would be considered for estimation.
3) Weighted average that gives twice the weight to the last six months as to the first six months: This means that the data for the most recent months should be given more weight more than the first six months. It means that the most recent data would be more accurate than that of the first 6months, and the most recent data should be trusted more than the data of the previous 6 months.
Here, a ratio of 2:1 is used to assign weight to the last six months and first six months respectively.
4) Some other weighted average: This is similar to option 3 not same ratio is used, but some other weights could be assigned depending on other factors.
Therefore, the weighted average gives the most accurate estimate of lost profits as in option (3) because it considers the most recent data.
Answer:
absorption costing net operating income = $106400
Explanation:
Manufacturing overhead in inventory = Fixed manufacturing overhead in ending inventory - Fixed manufacturing overhead in beginning inventory
Since the fixed overhead cost was $4 for both unit in beginning and in ending inventory
$4 per unit × (−2,300) = −$9200
Variable costing net operating income = $115600
subtract fixed manufacturing overhead costs released from inventory
(9200 ) from Variable costing net operating income
Absorption costing net operating income = Variable costing net operating income - fixed manufacturing overhead costs released from inventory
Absorption costing net operating income = 115600 - 9200 = $106400
Answer and Explanation:
a. The given statement is true as the corner point at the objective function should be feasible solution which is no longer as compared with the value for every adjacent CPF solution as compared with its optimal
b. The given statement is false as the solution can be an edge
c. The given statement is true as it shows the direct relation between the two things