The management of Zigby Manufacturing prepared the following balance sheet for March 31.
ZIGBY MANUFACTURING
Balance Sheet
March 31
Assets Liabilities and Equity Cash $ 30,000 Liabilities Accounts receivable 464,100 Accounts payable $ 206,400 Raw materials inventory 98,500 Loan payable 22,000 Finished goods inventory 450,840 Long-term note payable 500,000 $ 728,400
Equipment $ 620,000 Equity Less: Accumulated depreciation 160,000 460,000 Common stock 345,000 Retained earnings 430,040 775,040
Total assets $ 1,503,440 Total liabilities and equity $ 1,503,440
To prepare a master budget for April, May, and June, management gathers the following information.
Sales for March total 22,100 units. Budgeted sales in units follow: April, 22,100; May, 19,100; June, 19,500; and July, 22,100. The product's selling price is $30.00 per unit and its total product cost is $25.50 per unit.
Raw materials inventory consists solely of direct materials that cost $20 per pound. Company policy calls for a given month's ending materials inventory to equal 50% of the next month's direct materials requirements. The March 31 raw materials inventory is 4,925 pounds. The budgeted June 30 ending raw materials inventory is 4,500 pounds. Each finished unit requires 0.50 pound of direct materials.
Company policy calls for a given month's ending finished goods inventory to equal 80% of the next month's budgeted unit sales. The March 31 finished goods inventory is 17,680 units.
Each finished unit requires 0.50 hour of direct labor at a rate of $25 per hour.
The predetermined variable overhead rate is $3.50 per direct labor hour. Depreciation of $25,292 per month is the only fixed factory overhead item.
Sales commissions of 6% of sales are paid in the month of the sales. The sales manager's monthly salary is $4,000.
Monthly general and administrative expenses include $22,000 for administrative salaries and 0.9% monthly interest on the long-term note payable.
The company budgets 30% of sales to be for cash and the remaining 70% on credit. Credit sales are collected in full in the month following the sale (no credit sales are collected in the month of sale).
All raw materials purchases are on credit, and accounts payable are solely tied to raw materials purchases. Raw materials purchases are fully paid in the next month (none are paid in the month of purchase).
The minimum ending cash balance for all months is $30,000. If necessary, the company borrows enough cash using a loan to reach the minimum. Loans require an interest payment of 1% at each month-end (before any repayment). If the month-end preliminary cash balance exceeds the minimum, the excess will be used to repay any loans.
Dividends of $20,000 are budgeted to be declared and paid in May.
No cash payments for income taxes are budgeted in the second calendar quarter. Income tax will be assessed at 35% in the quarter and budgeted to be paid in the third calendar quarter.
Equipment purchases of $100,000 are budgeted for the last day of June.
Required:
Prepare the following budgets for the months of April, May, and June:
1. Sales budget.
2. Production budget.
3. Direct materials budget.
4. Direct labor budget.
5. Factory overhead budget.
6. Selling expense budget.
7. General and administrative expense budget.
8. Schedule of cash receipts.
9. Schedule of cash payments for direct materials.
10. Cash budget.
11. Budgeted income statement for entire second quarter (not monthly).
12. Budgeted balance sheet at June 30.

Answer:

Professional education and vocational training are the foundation for the overall development of a nation because, by training people in the different careers and jobs that they will develop throughout their lives, this in turn is generating a series of people specialized in different labor fields that will benefit from one or the other it shapes society as a whole. Therefore, through this specific education in labor matters, future progress and well-being are generated for citizens.

Answer:

rest

Explanation:

i need you to calm down ok?

A top-down approach and total control and decision-making by the authority figure are characteristics of the authoritarian management style. Clear expectations and a regulated environment may be well received by some pupils as it instills a sense of order and discipline.

Lack of structure and regulations, as well as little control or leadership intervention, define the permissive management style. Some kids might flourish in a setting that allows for freedom and autonomy since it encourages creativity, independence, and the ability to express oneself.

Between authoritarian and permissive management approaches, the authoritative style strikes a balance. While allowing for flexibility and student interaction, this teaching method encourages a feeling of order, accountability, and respect for the law.

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Answer:

A

Explanation:

Answer:

the answer is A

Explanation:

because learning equals cash

A credit report is a detailed summary of an individual's credit history, including credit accounts, payment history, credit inquiries, and public records such as bankruptcies and tax liens. It is used by lenders, landlords, and other entities to evaluate an individual's creditworthiness and ability to repay debts. The report is compiled by credit reporting agencies, also known as credit bureaus, based on information obtained from creditors, public records, and other sources. The information on a credit report is used to calculate a credit score, which is a numerical representation of an individual's creditworthiness.

An individual's credit history, comprising credit accounts, payment history, credit inquiries, and public records like bankruptcies and tax liens, are all summarized in a credit report.

Lenders, landlords, and other organizations use it to assess a person's creditworthiness and capacity to pay back obligations. Credit reporting companies, commonly referred to as credit bureaus, generate the report using data gathered from creditors, public records, and other sources.

A credit score, which is a number that represents how creditworthy a person is, is created using the data on a credit report.

As a result, the significance of the best definition of a credit report are the aforementioned.

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$8,181.82 is the allowable annual depreciation for the property calculated by using the straight-line depreciation method.

Depreciation of property value is the decline or dip in your home's selling price. This is determined as the "factor" product of the total property value and the building's age. It's crucial to realize that only for concrete structures and not for land does the depreciation factor continue to apply. Depreciated value is assumed to occur at a constant rate when using the straight-line method. By using the straight-line depreciation approach, an asset's value is uniformly diminished over the course of each period until it reaches its salvage value.

Given:

the depreciation under the straight-line method is

= (the cost of the asset- salvage value)/ useful life of the asset.

= depreciable basis / useful life of the asset.

= $225,000 / 27.5

= $8,181.82

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Answer:

5350

Explanation:

If your house is for sale for $210,000. What you will save by choosing the "sale by owner" option is $5350.

Sales can be defined as the way of selling a product in exchange for cash.

Using this formula

Amount saved=(Selling price×Sales commission)- Closing price

Let plug in the formula

Amount saved=($210,000×3%)-$950

Amount saved=$6,300-$950

Amount saved=$5,350

Therefore If your house is for sale for $210,000. What you will save by choosing the "sale by owner" option is $5350.

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Answer:

no they are not the same hope this helps

A change in the price of wheat will affect 3.the demand for wheat .

Demand is the total number of consumers who are able and willing to purchase goods or services at a range of prices over a specific time period. Demand for any thing or service indicates that people want it and are also willing and able to pay for it. Demand can be defined as the quantity of goods that consumers are prepared and willing to purchase at various prices within a specific time period.

Hence , the correct option  is 3. the demand for wheat .

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Answer:A,E

Explanation:

Answer:

Explanation:

transactions such as sales, payroll, and other expenses; financial statements

The correct answer is Inputs are accounts payables transactions such as sales, payroll, and other expenses; outputs are financial statements transactions such as the cash flow statement.

Here is a breakdown of the answer:

Inputs: These are the data that are entered into the accounting system. In a private company's accounting system, the inputs would typically include accounts payables transactions, such as sales, payroll, and other expenses.

Outputs: These are the reports and documents that are generated from the accounting system. In a private company's accounting system, the outputs would typically include financial statements, such as the cash flow statement.

The other options are not correct because they are not typically included in a private company's accounting system.

For example, marketing strategy-type information and results of surveys on consumer satisfaction is typically not included in the accounting system. Payroll taxes are also not typically included in the accounting system, as they are usually handled by a separate department.

Thus , accounts payables transactions and financial statements transaction is the correct options.

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If left uncontrolled, high blood pressure can cause kidney disease, heart failure, and stroke. Therefore, the correct option is 4. All of the above.

High blood pressure, also known as hypertension, is a chronic medical condition that occurs when the blood pressure in the arteries rises above the normal range. It is defined as a systolic blood pressure of 140 mm Hg or higher and a diastolic blood pressure of 90 mm Hg or higher.

Blood pressure can be controlled by making lifestyle changes like adopting a healthy diet, engaging in regular exercise, limiting alcohol intake, avoiding smoking, and maintaining a healthy weight. In addition, doctors can prescribe medications to control blood pressure if lifestyle modifications alone are not effective.

If left untreated, high blood pressure can cause damage to your body's vital organs, including the kidneys, heart, and brain. Kidney disease, heart failure, and stroke are some of the severe complications that can arise due to high blood pressure. Therefore, it is critical to manage hypertension effectively.

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The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.

To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.

It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.

By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.

The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.

Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).

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Answer:

answer 45

Explanation:

Answer:

45%

Explanation:

The preparation method and ingredient list each of the ingredients used in the recipe.

The ingredient list shows all the ingredients in a packaged food. Ingredients are listed in order of weight, beginning with the ingredient that weighs the most and ending with the ingredient that weighs the least. This means that a food contains more of the ingredients found at the beginning of the list, and less of the ingredients at the end of the list.

Sometimes nutrients like saturated and trans fats, sodium, and sugar appear on ingredient lists under many different names.

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Answer:

No

Explanation:

Taj Mahal is one of the greatest monument in the world. It is very beautiful. It is located in India. It is made up of white marble. Many people from all parts of the world come to visit Taj Mahal.

But recently the color of the marble changes its color to light yellow due to pollution. The companies near by are emitting harmful gases to the atmosphere for which the color of the white marble changed its color and became light yellowish brown.

In the context, company ABC Limited still operating near the Taj Mahal is not fulfilling its responsibility as it is destroying the beauty and existence of the world famous Taj Mahal.

A student will decide to attend class when there is an attendance policy. Thus, option (c) is correct.

The term policy refers to are the rules are the described in the details are the mention. The policy are the making follow to the country and the employees of the company. The policy are the making the company of the solving the issues.

A student was the decided to regularly attend lectures or classes was the main motive to fulfill the attendance policy. The attendance was the necessary to appear in the exam. An attendance was the help to gain good marks in the exams. An attendance policy was the best policy.

As a result, the student will decide to attend class when there is an attendance policy. Therefore, option (c) is correct.

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Answer: If you cause a car accident, liability insurance will cover injuries to other people and damage to their property. Liability car insurance, sometimes called "third-party" coverage, is one of the most important types of car insurance.

Explanation:

I am a fantastic problem solver.

By saying this you will not look arrogant and overconfident.

You cannot say something like that i have so many strength and cannot choose one. You need to be realistic and you have to give some real life strengths , the strength which are real nothing is fake in that because interviewer is their for checking your realistic nature. He needs to check how real person you are so just belief in your self pick up one greatest strength and speak it out confidently

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An investor who executes a short sale in her margin account is required to meet the regulation t requirement based on the Federal Reserve Board. Regulation T, the Federal Reserve Board requires all short sale accounts to have 150% of the value of the short sale at the time the sale is initiated.

"Short selling consists essentially of selling stocks that are borrowed and not owned, there are strict margin requirements."

"Regulation T is a collection of provisions that govern investors' cash accounts and the amount of credit that brokerage firms and dealers may extend to customers for the purchase of securities." Reg T, was established by the Board of Governors of the Federal Reserve System.

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Purchasing power parity (PPP) represents the universality of exchange rate systems.

Purchasing power parity is a measure of prices in different countries that uses the price of a particular commodity to compare the absolute purchasing power of each country's currency with the standard of living of a given population.

A simple example is a liter of Coca-Cola. At €2.3 in France and $2.00 in the US, Coca-Cola's PPP between France and the US is 2.3/2.00 or 1.15.

Purchasing Power Parity (PPP) is a popular indicator used by macroeconomic analysts to compare currencies of different countries through a "shopping basket" approach. Purchasing power parity (PPP) allows economists to compare the economic productivity and living standards of countries.

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A differentiated marketing strategy focuses on producing several products and pricing, promoting, and distributing them with several marketing mixes designed to satisfy smaller segments.

Differentiated marketing is a strategy used by businesses to develop a number of campaigns that target various customer and audience segments. Marketing teams may share the same product with distinct target categories with tailored messaging or advertise separate products to different market segments.

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Answer: Not enough information provided to solve.

Explanation: There is no information regarding the muffins.

An effective industry analysis starts by identifying every potential competitor within a defined distance of the new business's location.

Industry analysis is a process of evaluating the competitive environment of a particular industry. It involves examining various factors that can impact the performance and success of a business in that industry. One of the key aspects of industry analysis is identifying the competitors within the market.

To identify potential competitors, businesses usually define a geographic area around their location and analyze the companies operating in that area. This helps them to understand the level of competition they will face and the strategies they need to implement to succeed.

Identifying competitors involves researching the market and gathering information on existing businesses, their products or services, pricing, marketing strategies, strengths, and weaknesses. By understanding the competition, businesses can develop effective marketing strategies, differentiate themselves from competitors, and improve their chances of success. It also helps them to assess the market demand for their products or services and make informed decisions about pricing and promotion.

In summary, identifying every potential competitor within a defined distance of the new business's location is an essential step in conducting an effective industry analysis.

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Answer:

it can lead to national poverty and economy crisis

(a) Given the exceptional number n = 33, let's draw a continent with 33 countries using four colours: blue for the ocean and three other colours representing their first letters.

Oceans are blue (B) on this map. Red (R), Green (G), and Yellow (Y) will represent the other colours.

Strategically inserting vertices turns the map into a connected planar graph. Add vertices at each country's centre. This creates a linked graph with coloured edges between faces.

(c) Switching vertices and faces in the connected planar graph creates the dual graph. The dual graph turns each vertex into a face and each face into a vertex. The dual graph connects vertices (former faces) that share an edge in the original graph.

The dual graph can be coloured using the same four colours: blue (B), red (R), green (G), and yellow (Y).

Following these methods, we produced a map of a continent with 33 countries, coloured it, transformed it into a connected planar graph with coloured faces, and created the dual graph with appropriate vertex colouring.

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Answer:

the main aim is to aim for correct and fast work

Insurance expense for 2021 is $121,900

Insurance is a type of contract between the policyholder and the insurance company, in which the policyholder pays regular premiums in exchange for financial protection in case of a covered event, such as death, illness, accident, or damage. Prepaid insurance refers to the payment of an insurance premium in advance of the coverage period.

In this scenario, Cool Wear, Inc. had a balance in its prepaid insurance account of $67,400 on December 31, 2020. In 2021, the company paid $105,000 for insurance. At the end of 2021, after adjusting entries were recorded, the balance in the prepaid insurance account was $51,500.

Insurance expense for 2021 is calculated as follows:

=> $67,400 + $105,000 - $51,500 = $121,900

It is important to note that this amount represents the portion of the insurance premium that was consumed during the coverage period in 2021, and that the balance in the prepaid insurance account reflects the portion of the premium that will be used in future years.

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