11. On 31 December 2015 the following balances were extracted from the books of Papa, a sole trader
$
Electricity expenses
Business rates
Carriage inwards
Carriage outwards
Fixtures and fittings
General expenses
Cash in hand
Insurance expenses
Debtors
Capital
Motor expenses
Motor vehicles
Stock at 15 January 2015
Creditors
Premises
Cash at bank
Purchases
Returns outwards
Sales
Stock at 31st December 2015
Drawings
$
3 200
4 650
12 318
28 663
25 000
20 897
3 000
4322
28 000
289 460
27 690
40 000
45 000
37 600
200 000
24 000
300 897
12 579
450 000
56 346
22 000

Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.

Providing a great shopping experience to customers is one of the important objectives of purple fashions inc., a clothing store. to achieve this objective, the company has a team of committed customer service professionals whose job is to ensure that customers get exactly what they want. this scenario illustrates that purple fashions is trying to achieve

Schuepfer inc. bases its selling and administrative expense budget on budgeted unit sales. the sales budget shows 1,800 units are planned to be sold in march. the variable selling and administrative expense is $4.30 per unit. the budgeted fixed selling and administrative expense is $35,620 per month, which includes depreciation of $2,700 per month. the remainder of the fixed selling and administrative expense represents current cash flows. the cash disbursements for selling and administrative expenses on the march selling and administrative expense budget should be: