Using the information below, construct the Supply and Use table for Balowamma. 1. i. Corn was...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Using the information below, construct the Supply and Use table for Balowamma. 1. i. Corn was imported by the agricultural sector (100,000) and 80% used by the sector. Manufacturing industry utilizes 20% of imported corn to produce bread which is sold to ii. govemment, private sector and hotels cqually. iii. Houschold sector and private sector utilize the remaining corn equally 10 marks 2. i. Oil refincry imported $720,000 worth of crude oil to produce. ii Oil refinery uses crude oil to produce $500,000 worth of petrol and $220,000 worth of diesel. ii Houschold purchased (40%) of petrol government (30%), manufacturing (10 %) and exports (20%). 8 marks 3. $5000 was paid as wages in for workers in the agricultural and manufacturing sector. Tax on the production of petrol was $7000. Using the information below, construct the Supply and Use table for Balowamma. 1. i. Corn was imported by the agricultural sector (100,000) and 80% used by the sector. Manufacturing industry utilizes 20% of imported corn to produce bread which is sold to ii. govemment, private sector and hotels cqually. iii. Houschold sector and private sector utilize the remaining corn equally 10 marks 2. i. Oil refincry imported $720,000 worth of crude oil to produce. ii Oil refinery uses crude oil to produce $500,000 worth of petrol and $220,000 worth of diesel. ii Houschold purchased (40%) of petrol government (30%), manufacturing (10 %) and exports (20%). 8 marks 3. $5000 was paid as wages in for workers in the agricultural and manufacturing sector. Tax on the production of petrol was $7000.
Expert Answer:
Answer rating: 100% (QA)
Step 1 Part1 Imported quantity 80 3D The manufacturing indust... View the full answer
Posted Date:
Students also viewed these accounting questions
-
Using the information below recalculate Dynamic Mattress's financing plan assuming assuming that the firm wishes to maintain a minimum cash balance of $10 million instead of $5 million. Assume the...
-
Using the data in the Option 1 Spreadsheet (linked at the bottom of the page), perform the accounting required for each of the following government fund transactions: 1. Government levied $2,000,000...
-
Prepare the federal income tax return using the information below with form 1040 and any other required IRS forms. Taxpayers' Data: Names Address SS Numbers: Carl Carla Dates of Birth: Carl Carla...
-
In Problems 1130, solve each equation by factoring. x 2 + 4x = 0
-
An important component of the United States legal system is the right to a trial by a jury of ones peers. Does a typical jury have the ability to understand complex accounting issues? Should fraud...
-
You are asked to design a packed column to recover acetone from air continuously, by absorption with water at 60F. The air contains 3 mol% acetone, and a 97% recovery is desired. The gas flow rate is...
-
The following data are taken from Madison Distribution Company's March payroll: Assume that the company is subject to a 5.2 percent state unemployment tax and an 0.6 percent federal unemployment tax....
-
The Student Government Association at Middle Carolina University wanted to demonstrate the relationship between the number of beers a student drinks and his or her blood alcohol content (BAC). A...
-
GPA for RTC Students GPA 3.70 2.60 3.10 3.00 3.10 3.80 2.60 3.40 3.00 2.80 Use the data to answer the following questions: Find the mean GPA for the RTC students in the sample. Determine the null and...
-
Database includes 2 years worth of actual data and one year of budget data for a retail business with 2 locations. In 2017, there was just one location, North. In January 2018, a new location, South,...
-
We do not have a lot of details about the companys operations, but we do have an Income Statement and Balance Sheet for years 25-28. We also know that this company completed a series of mergers and...
-
Receiving a $1 annual salary has become a sign that you've made it in the tech world. Steve Jobs may have started the trend with a single-digit salary starting in 1997 until his death in 2011....
-
Solve: 8x-19= x - 4
-
Jaliyah is a single taxpayer living in New Jersey with adjusted gross income for the 2023 tax year of $86,000 . Jaliyah's employer withheld $8,500 in state income tax from her salary. In May of 2023...
-
On December 3 1 , 2 0 2 3 , Cheyenne Ltd . has $ 3 1 4 3 0 0 0 in short - term notes payable due on February 1 4 , 2 0 2 4 . On January 1 0 , 2 0 2 4 , Cheyenne arranged a line of credit with Caldi...
-
Acquisitions, Inc. is considering the purchase of the following two companies: Company A Company B Sales $400,000 Sales $400,000 Variable Costs 80,000 Variable Costs 160,000 CM 320,000 CM 240,000...
-
Units Unit Cost Inventory, September 1 90 $2.95 Purchases: September 8 460 3.40 September 18 300 3.85 eptem A physical inventory on September 30 shows 160 units on hand. Calculate the value of ending...
-
In the operation of an automated production line with storage buffers, what does it mean if a buffer is nearly always empty or nearly always full?
-
As long as human _________ exceed available _________, scarcity will exist.
-
The scarce resources that are used in the production of goods and services can be grouped into four categories: _________, _________, _________, and _________.
-
Well-defined property rights encourage a. investment. b. innovation. c. conservation. d. exchange. e. economic growth. f. all of the above.
Study smarter with the SolutionInn App