Zark's Burger uses 250 kg of fatless beef for its meals, every month with an ordering cost of BD 15 and carrying cost of Bd 3, The manager insists on ordering 500 kg every order month. If this is the case, what is the price difference on the Total Cost if the shop will use the optimum quantity? a. BD 320.40 b. BD 319.50 c. BD 289.50 d. BD 322.80 e. None of the Above Plz do fast asap

Q: Required information [The following information applies to the questions displayed below.] Black…

A: Computation of direct material budget requires the number of units produced during the period and it…

Q: If Arwind purchased 25% of the respective capital and profits and losses of Terence and Romeo for P…

A: Ratio Calculation on admission of new partner in partnership firm

Q: Hughes Printing and Publishing has sales of $1,350,000. Its variable costs are $597,000, fixed costs…

A: Answer) Calculation of Increase in Return on Investment due reduction in Variable Cost Increase in…

Q: Leaning Tower of Pizza, Inc. is preparing its master budget for its first quarter of business. It…

A: Accounts receivable at the end of first quarter will be 10% previous month's sales.

Q: The balance in Ashwood Company’s accounts payable account at December 31, 2019, was $1,200,000…

A: Accounts payable (AP) is a financial word that refers to the money owing to vendors for products or…

Q: The financial statements of Simon Co. include the following items (amounts in thousands): For the…

A: Cash flow statement provided information about the cash inflows and cash outflows of the company.…

Q: Pinky Distribution had the following transactions involving purchases, purchase return and…

A: Prepare of Journal entries for the transaction as mentioned

Q: reasury Stock Transactions ard Spray Inc. develops and produces spraying eguipment for lawn…

A: Treasury stocks are repurchased shares of the company.The firm has the power to re issue these…

Q: When considering trade of two goods between Ann and Bob, if both have preferences that satisfy "more…

A: Answer:-  Pareto efficiency:- Pareto efficiency is that kind of an economic condition in which…

Q: 21. Aliza had a tax liability of $6,228 last year. She was entitled to tax credits of $758 and…

A: Refund = Withholding Amount > tax liabilities gets Refunds Tax Due = If Withholding Amount <…

Q: The FMT Corporation is trying to determine the effect of its inventory turnover ratio and days sales…

A: Inventory Turnover Ratio = Net Sales / Average Inventory           5 Times = 1,50,000 /Average…

Q: Warwick Co. has the following data related to an item of inventory: Inventory, March 1 Purchase,…

A: Under LIFO method of inventory accounting, the items that are purchased most recently would be…

Q: Brief Exercise 23.4 (Static) Estimating Direct Materials Inventory (LO23-4) On January 1, Howard…

A: The purchase budget is prepared to estimate the number of units to be purchased during the period.

Q: Posters.com is a small Internet retailer of high-quality posters. The company has $890,000 in…

A: Formula Return on Investment =Net Operating Income/ Average Operating assets    Sales   Net…

Q: Imagine that you work in the accounting department of a university and your boss has asked you to…

A: Revenue and Expenses are the two most important elements of an income statement. Incomes/Revenues…

Q: An Investment center has sales of $30,000,000, income of $9,000,000, and average assets of…

A: Residual income is calculated as excess return over the required return on assets

Q: anuary 1, 2018, Hot Corporation acquired equipment at a cost of ₱1,800,000. Hot adopted the…

A: Calculation of depreciation for 2021 using straight line method Depreciation for 2021 = (Net book…

Q: During June, the following changes in inventory item 27 took place: June 1 Balance 14 Purchased 24…

A: Hi student Since there are multiple subparts, we will answer only first three subparts. If you want…

Q: Sammy Company is considering eliminating Its Commercial division. The company allocates fixed costs…

A: Loss of contribution margin = $44,200 Fixed cost saved = $101,000

Q: Warwick Co. has the following data related to an item of inventory: Inventory, March 1 Purchase,…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: The cost of an asset is $1,070,000, and its residual value is $220,000. Estimated useful life of the…

A: GIVEN   The cost of an asset is $1,070,000, and its residual value is $220,000. Estimated useful…

Q: onstruction company budgeted P250,000 per year to pay for the cost of maintenance and repair of…

A: The cost decreases by the constant uniform gradient and This cost should be equivalent to the…

Q: Given the following information: prepaid expense R12000, accrued expenses R38000, accrued income,…

A: For any business, the following equation always prevail: Assets = Liabilities + Equity

Q: The following information pertains to Blue Diamond Company: 1. Cash balance per bank, July 31,…

A: The bank reconciliation statement at July 31 and the necessary adjusting entries at July 31 on the…

Q: Required: Prepare the journal entries required on January 1, 2022, and December 31, 2022, if…

A: Depreciation There  are different method of depreciation which are used for the calculation like…

Q: Firm B, a calendar year, cash basis taxpayer, leases lawn and garden equipment. During December, it…

A: The total amount of money received by the taxpayer from all sources throughout the taxable year is…

Q: During June, the following changes in inventory item 27 took place: 1,400 units @ P24 800 units @…

A: The question is related to Inventory Management. The FIFO method of material issue means first in…

Q: In the current year, Megan invests $50.000 for a 10% partnership interest in an Alaskan fishing boat…

A: It is given that of a 10% profit share, Megan had invested in $50,000.  It is seen that in the…

Q: Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near…

A: The budget is prepared for estimating the revenue and expenditure. It is used for planning and…

Q: On January 13, at the end of the second weekly pay period of the year, a company's payroll register…

A: Payroll includes all employee expenses and taxes and insurance related to employees

Q: Curly Inc. is considering whether to continue to make a component or to buy it from an outside…

A: This question relates to the concept of Make or Buy Decision. In this concept we analyze the Actual…

Q: 13.E J owns some property that has an assessed value of $415,920. Calculate the tax due if the tax…

A: A determined valuation of property on which tax is to be levied is the Assessed value of property.…

Q: 19,000 dinars to be made on March 1, 2021 The materials are consumed immediately and recognized as…

A: DICLAIMER:SINCE YOU HAVE POSTED MULTIPLE SUB PART QUESTION, WE WILL SOLVE 3 PARTS .TO GET OTHERS…

Q: Marino Company had the following balance sheet On January 1, 2019:            1. Compute the…

A: Goodwill is an intangible asset that arises from the purchase of one company by another. Goodwill is…

Q: ABC company issued a 5 year $200,000 bond. The bond has a stated rate of 6% and the market rate of…

A: A journal entry is a form of accounting entry that is used to report a business transaction in a…

Q: Barnum Company acquired several small companies at the end of 2018, and based On the acquisitions,…

A: Amortization: Amortization is the process of allocating an intangible immense amount of money as an…

Q: An examination of Hutton Corporation’s accounting records indicates that all receivables are being…

A: Introduction Receivables are sums owed to the company by customers and other parties as a result of…

Q: Described below are certain transactions of Jeno Corporation during 2022.  1. On April 1, the…

A: The process of accounting consists of a set of activities that pertain to the recording of every…

Q: Murray Lumber had an exclusive three-year supply agreement with Stella Construction. The contract…

A: Gross profit is the profit a company generates after deducting the costs of manufacturing and…

Q: At year-end (December 31), Chan Company estimates its bad debts as 0.80% of its annual credit sales…

A: Bad debts represent the portion of accounts receivable estimated to be unrecovered from the debtors.…

Q: %24 %24 Analysis of Receivables Method At the end of the current year, Accounts Receivable has a…

A: Allowance for doubtful accounts means where account receivables are not going to recover in full and…

Q: Vaughn Assembly Company purchased a machine on January 1, 2021, by paying cash of $550,000. The…

A: Depreciation is considered as an expense charge on the value of the Asset. It can be calculated by…

Q: Wig Creations Company supplies wigs and hair care products to beauty salons throughout Texas and the…

A: Solution 1: In order to compute number of days past due for each customer, we should subtract due…

Q: 4. What is the balance in Warranty Liability at the end of 2021 and 20 O Answer is complete but not…

A: Warranty refers to a promise or guarantee given by the seller or manufacturer of a product to its…

Q: what are the responsibility of Board members with regards to internal controls?

A: Internal Controls Internal controls refer to the rules, regulations, or processes implemented by a…

Q: s table shows the balance sh erve ratio is 15 percent.

A: Required reserve ratio: Commercial banks are required to hold only a fraction of their deposits as…

Q: Mr Jacob Johnson has net employment income of $41300 (after the deduction of $8600 in RPP…

A: Net income + RPP deduction + income from business + taxable dividend - support payment  from former…

Q: Multiple Cholce $7,980. $13,020.

A: The asset will be reflected in the balance sheet at its acquisition cost every year if there is no…

Q: Bilboa Freightlines, SA, of Panama, has a small truck that it uses for intracity deliveries. The…

A: Net present value is discounted value of net cash flows from or to investment. It is given that…

Q: Given the following information: prepaid expense R12000, accrued expenses R38000, accrued income,…

A: TOTAL LIABILTIES = TOTAL ASSET Prepaid Expense = Current Asset  Accrued Expense = Liability Accrued…

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.