Question 3: Using the following information, compile the Supply and Use table and the Production account for Bestland: a. The agriculture sector imported Dasheen $6000 and 50% is used by the farmers. b. Household purchased 10% from the agriculture sector while the Manufacture sector purchased 30% to produce Dasheen Chips. A production tax of $440 was applied to the manufacturing sector c. The remaining percentage was bought evenly by the tourism and the private sector. d. Wages paid to workers in the manufacturing sector $700 e. Goods Favorland purchased chips from Bestland worth $2000 (18 marks)

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter9: Responsibility Accounting And Decentralization
Section: Chapter Questions
Problem 8EA: Using the information in the previous exercises about Marleys Manufacturing, determine the operating...
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Question 3:
Using the following information, compile the Supply and Use table and the Production
account for Bestland:
a. The agriculture sector imported Dasheen $6000 and 50% is used by the farmers.
b. Household purchased 10% from the agriculture sector while the Manufacture sector
purchased 30% to produce Dasheen Chips. A production tax of $440 was applied to
the manufacturing sector
c. The remaining percentage was bought evenly by the tourism and the private sector.
d. Wages paid to workers in the manufacturing sector $700
e. Goods Favorland purchased chips from Bestland worth $2000
(18 marks)
Transcribed Image Text:Question 3: Using the following information, compile the Supply and Use table and the Production account for Bestland: a. The agriculture sector imported Dasheen $6000 and 50% is used by the farmers. b. Household purchased 10% from the agriculture sector while the Manufacture sector purchased 30% to produce Dasheen Chips. A production tax of $440 was applied to the manufacturing sector c. The remaining percentage was bought evenly by the tourism and the private sector. d. Wages paid to workers in the manufacturing sector $700 e. Goods Favorland purchased chips from Bestland worth $2000 (18 marks)
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