For a consumer, utility maximization occurs at O the intersection of two budget lines O the intersection of any two indifference curves O any intersection of the budget line with an indifference curve O a point of tangency between the budget line and an indifference curve

Q: 2,250.   3,250.   2,875.   5,750.   6,750.

A: Margin of safety sale is sales above the Breakeven point.

Q: Assume a company reported the following results: $ 400, 000 260,000 Sales Variable expenses…

A: The return on investment is calculated as net income divided by average operating assets.

Q: Caribbean Kayaks (CK) Maritza (which means "star of the sea") Joseph is preparing the 2022 budget…

A:

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A: No of Bond = 15  Face Value of Bond= $ 5000 Coupon Rate = 8%  Period = 9 years Yield to Maturity =…

Q: Retained earnings, January 1, 2022 $87,100 Advertising expense 2,340 Dividends 7,800 Rent expense…

A: Formula: Net income = Revenues - Expenses

Q: Year one income statement by months ( sales by year 3 $2.7m 2.7 m /3 = $900,000 average each year…

A: Total expenses = Costs of goods sold + Depreciation (Capital expenses), Location expenses,…

Q: You purchase 115 shares of stock for $53 a share. The stock pays a $7 per share dividend at year-…

A: Rate of return on stocks = (End of year stock price - purchase price + Stock dividend)/purchase…

Q: ch of the following is not correct relative to an appropriation of Retained Earnings? a. Retaine

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Q: Agency A receives a Notice of Cash Allocation from the DBM of 10,000,000.00 for the second quarter…

A: Journal entry recording is the initial step of accounting cycle process. Under this, atleast one…

Q: Current Attempt in Progress The comparative statement of financial position for Sunland Corporation…

A: The cash flow statement is prepared to record the cash flow from various activities during the…

Q: Using the MACRS rates from the following table, what is the book value of a $2,500 computer after 5…

A: Book Value of Asset: Book value is equivalent to the cost of holding an asset on a company's balance…

Q: In this method, the company compares the amount spent on the investment with the discounted expected…

A: a. Payback is the period in which the investment can break-even. b. NRV is the difference of…

Q: Compute the missing amount in each category of the accounting equation. Assets Liabilities…

A: As requested to answer only C so we are answering only C Part.

Q: The following are the balance sheets of Kings paper works Ltd. For the two years at 31st December…

A: Cash from operations       Inventory - 26250 $ Debtors  + 500$ Tax -3000$     CFO 28750…

Q: Cairns owns 75 percent of the voting stock of Hamilton, Inc. The parent’s interest was acquired…

A: interest acquired several years ago = 1,000,000$ *10 *6% = 600,000$  Therefore it is 600,000$ on 13…

Q: On January 1, Year 1, Pearson Moving Company paid $41187 cash to purchase a truck. The truck was…

A: Formula: Straight line method depreciation: = ( Asset value - Salvage value ) / Useful life

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A: Advance payment seems to be a type of payment made ahead of its usual timetable, such as prepayment…

Q: tax rate and had 8,000 shares of common stock outstanding for the year. Starting with pretax income…

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Q: he following information concerns production in the Forging Department for November. All direct…

A: The equivalent units are calculated on the basis of percentage of the work completed during the…

Q: Boston Railroad decided to use the high-low method and operating data from the past six months to…

A: The high low method is used to separate the fixed cost and variable cost from the mixed cost of the…

Q: Now suppose that the firm plans instead to increase long-term debt only to $1,100 and does not wish…

A: Every journal entry in account has 2 effect on financial statement.One is debit and another is…

Q: Define bookkeeping in business

A: Business refers to an activity that is done on a regular basis in order to earn money.

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A: Amount of dividend = No. of shares outstanding x dividend per share Note: No journal entry is…

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A: Answer:-  Brand Value:- Brand value can be defined as the process of evaluating the financial value…

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A: The break-even sales are calculated as fixed cost divided by contribution margin ratio.

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Q: Question 21: For an employee who is paid monthly, completed the pre-2020 Form W-4, and claims 3…

A: Employee denotes the worker who works for the benefit of the organisation along with self career…

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A: There four new products and expected sales revenue is provided with probability factor Need to…

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A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in…

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A: Answer 1) Calculation of Sales Commission per unit sold Sales Commission per unit sold = Selling…

Q: Music Corporation recorded sales of $2,235,245 for the most recent year. The company's breakeven…

A: Formula: sales (in dollars) would be needed to increase the company's MOS% : = ( Actual sales -…

Q: On January 1, 200D, Bamby and Candy invited Dandy and Ely to join them in their business. On this…

A: partnership is such form of business but two or more person join together in order to share they are…

Q: Dividends in arrears on preference shares are reported in the financial statements as a (an) a.…

A: dividend are paid by the company to its shareholders.both the shareholder whether it is common stock…

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A: Total earnings of Pheonix in this week=42 hours*$19.45 per hour=$816.90 Employer's employment…

Q: help with journal entries 32 6 Completed work for Gomez Co. and billed them $3,990. Invoice was…

A: Journal entry is the entries which are recorded on the book of journal book which is also called day…

Q: gs or debt) app

A: The explanation is given as,

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A: Here in the given question the budget has been prepared related to the cells and data related to the…

Q: Alicia has been working for JMM Corporated for 32 years. Alicia participates in JMM's defined…

A: A defined-benefit plan is often a plan which is organized by an employer and is often a  retirement…

Production Budget

A budget can be defined as a financial plan designed by an undertaking for a definite period in the future that can contribute towards enhancing the financial success of the business undertaking. It is used to estimate the revenue and expenses. The budget generally takes into account both current and future income and expenses.