Answer:
Instructions are below.
Explanation:
We weren't provided with enough information to answer the request. <u>But, I will give an example and formulas to guide an answer.</u>
<u>For example:</u>
Production in units:
May=20,000
June= 22,000
Beginning inventory of direct materials= 8,000
<u>To calculate the purchase for May, we need to use the following formula:</u>
Purchases= production + desired ending inventory - beginning inventory
Purchases= 20,000*7 + (22,000*7)*0.29 - 8,000
Purchases= 176,660 pounds
There are 206 bones in the average adult human body
hope this helps
Answer:
true
Explanation:
Operating profit is referred to as the profit gained by the corporation in business. it is calculated by subtracting all expenses from the total profit over the given period.
it is considered to be the best way to determine how management tactics are helpful or beneficial for the organization. it helps to decide on the working policy for future goals.
Financial statements include Income statement, Statement of Owner’s Equity, Balance sheet and Cash flow statement. Statement of Owner’s Equity and Balance sheet are prepared at a particular date at the end of the financial year or period.
Hence, A calendar year reporting company preparing its annual financial statements should use the phrase "at December 31, 2016" in the heading of Statement of Owner’s Equity and Balance sheet.
I think we should use macroeconomic analysis to analyze it.
Macroeconomic analysis is used to analyze the policies that affect the economy on nation-wide level.
The tax rate that imposed by the government will definitely affect the total Gross Domestic Product for diamonds and affect the nation's economic scale.
