Business, 01.06.2021 18:30 startabull
The following information relates to Department A of Fun Ride Inc.: Direct materials $6 Direct manufacturing labor $5 Variable factory overhead $2 Fixed factory overhead $3 Total $16 Department A has capacity of 20,000 units per year and is selling 15,000 units per year to outside buyers at $20 each. Department B of Fun Ride has offered to purchase 2,000 units from Department A for $16 per unit. What will be the change in operating income for Fun Ride if Department A agrees to the offer
Answers: 1
Business, 21.06.2019 17:30
Salvador county issued $25 million of 5% demand bonds for construction of a county maintenance building. the county has no take-out agreement related to the bonds. it estimates that 20% of the bonds would be demanded (called) by the buyers if interest rates increased at least 1%. at year-end rates on comparable debt were 7%. how should these demand bonds be reported in the government-wide financial statements at year-end? a) $25 million in the long-term liability section of the governmental activities column. b) $5 million in the current liability section of the governmental activities column and $20 million in the long-term liabilities section of the governmental activities column. c) $5 million in the governmental activities column and $20 million would be reported in the schedule of changes in long-term debt obligations. d) $25 million in the current liability section of the governmental activities column
Answers: 1
Business, 21.06.2019 21:00
The plastic flowerpots company has two manufacturing departments, molding and packaging. at the beginning of the month, the molding department has 2,100 units in inventory, 70% complete as to materials. during the month, the molding department started 18,500 units. at the end of the month, the molding department had 3,150 units in ending inventory, 80% complete as to materials. units completed in the molding department are transferred into the packaging department. cost information for the molding department for the month follows: beginning work in process inventory (direct materials) $ 1,300 direct materials added during the month 28,900 using the weighted-average method, compute the molding department's (a) equivalent units of production for materials and (b) cost per equivalent unit of production for materials for the month. (round "cost per equivalent unit of production" to 2 decimal places.)
Answers: 1
Business, 22.06.2019 02:30
Atax on the sellers of coffee will a. increase the price of coffee paid by buyers, increase the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. b. increase the price of coffee paid by buyers, increase the e ffective price of coffee received by sellers, and decrease the equilibrium quantity of coffee. c. increase the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. d. increa se the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and decrease the equilibrium quantity of coffee.
Answers: 3
Business, 22.06.2019 11:20
Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.
Answers: 3
The following information relates to Department A of Fun Ride Inc.: Direct materials $6 Direct manuf...
History, 27.10.2020 01:00
Social Studies, 27.10.2020 01:00
Biology, 27.10.2020 01:00
Chemistry, 27.10.2020 01:00
English, 27.10.2020 01:00
Mathematics, 27.10.2020 01:00
Health, 27.10.2020 01:00
Social Studies, 27.10.2020 01:00
Biology, 27.10.2020 01:00
Physics, 27.10.2020 01:00
Mathematics, 27.10.2020 01:00
English, 27.10.2020 01:00