The production department in a process manufacturing system completed 80,000 units of product and transferred them to finished goods during a recent period. Of these units, 32,000 were in process at the beginning of the period. The other 48,000 units were started and completed during the period. At period-end, 17,500 units were in process.
Prepare the department’s equivalent units of production with respect to direct materials under each of the three separate assumptions using the FIFO method for process costing.

Answers

Answer 1
Answer:
1. 96,000
2. 92,000
3. 89,600
Explanation:
The computation of given question is shown below:-
1. Total Equivalent units of production
Units Percentage of Equivalent units of
material production material
Goods completed 80,000 100% 80,000
Ending goods in
process 16,000 100% 16,000
Total Equivalent units of production 96,000
2. Total Equivalent units of production
Units Percentage of Equivalent units of
material production material
Goods completed 80,000 100% 80,000
Ending goods in
process 16,000 75% 12,000
Total Equivalent units of production 92,000
3. Total Equivalent units of production
Units Percentage of Equivalent units of
material production material
Goods completed 80,000 100% 80,000
Ending goods in
process 16,000 60% 9,600
Total Equivalent units of production 89,600
So, for computing the all three points of Equivalent units of production we simply added the Goods completed of Equivalent units of production material with Ending goods in process of Equivalent units of production material. Hope this helps! Mark brainly please!

Related Questions

Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follows:
Indirect labor $1.00
Indirect materials 0.70
Utilities 0.40
Fixed overhead costs per month are Supervision $4,000, Depreciation $1,200, and Property Taxes $800. The company believes it will normally operate in a range of 7,000–10,000 direct labor hours per month.
Instructions:
Prepare a monthly manufacturing overhead flexible budget for 2017 for the expected range of activity, using increments of 1,000 direct labor hours.

Answers

Answer:

Results are below.

Explanation:

Giving the following formula:

Variable overhead:

Indirect labor $1.00

Indirect materials 0.70

Utilities 0.40

Total fixed overhead= 4,000 + 1,200 + 800= $6,000

In the relevant rage, the fixed costs remain constant. Only the variable cost change with production on a total basis.

7,000 Units:

Indirect labor= 1*7,000= 7,000

Indirect materials= 0.70*7,000= 4,900

Utilities= 0.40*7,000= 2,800

Total= 14,700

Total fixed overhead costs= 6,000

Total overhead= $20,700

8,000 Units:

Indirect labor= 1*8,000= 8,000

Indirect materials= 0.70*8,000= 5,600

Utilities= 0.40*8,000= 3,200

Total= 16,800

Total fixed overhead costs= 6,000

Total overhead= $22,800

9,000 Units:

Indirect labor= 1*9,000= 9,000

Indirect materials= 0.70*9,000= 6,300

Utilities= 0.40*9,000= 3,600

Total= 18,900

Total fixed overhead costs= 6,000

Total overhead= $24,900

10,000 Units:

Indirect labor= 1*10,000= 10,000

Indirect materials= 0.70*10,000= 7,000

Utilities= 0.40*10,000= 4,000

Total= 21,000

Total fixed overhead costs= 6,000

Total overhead= $27,000

Match each phrase that follows with the term it describes.
1. Budget
2. Capital expenditures budget
3. Sales budget
4. Production budget
5. Cash budget
6. Budgeted balance sheet
A. an accounting report that presents predicted amounts of the company's assets, liabilities, and equity as of the end of the budget period
B. plans an important role for organizations in planning, directing, and controlling a company's future goals
C. a plan showing the units of goods to be sold and the sales to be derived; usually the starting point in the budgeting process
D. a plan that lists dollar amounts to be both spent on purchasing additional pant assets to carry out the budgeted business activities
E. a plan showing the number of units to be produced each month
F. a plan that shows the expected cash inflows and outflows during the budget period, including receipts from loans needed to maintain a minimum cash balance and repayments of such loans

Answers

Answer and Explanation:

The matching is as follows:

1. Budget - B. It would be play a significant role with respect to planning, directing, controlling for an upcoming goals of the company

2. Capital expenditure budget -D. As the capital expenditure is the one time expenditure that should be done for purchasing the extra plant asset

3. Sales budget - C. The plan that represent the sales unit and the sales value.

4. Production budget - E. The budget that represent the no of units produced each month

5.  Cash budget - F. It represent the cash inflows and cash outflow position

6. Budgeted balance sheet - A. It involved the assets, liabilities and stockholder equity

Given the description of the firm below, decide whether it applies to monopolistic competition, perfect competition, or both.

a. a firm that produces with excess capacity in the long run
b. a firm that has market power
c. a firm that sets greater than marginal
d. a firm that earns zero economic profit in the long

Answers

Answer:

Perfect Competition

       d. a firm that earns zero economic profit in the long

In the long run, firms will keep entering and exiting the market in a perfect competition such that there will be no economic profit to be gained.

Monopolistic Competition

       a. a firm that produces with excess capacity in the long run

       b. a firm that has market power

       c. a firm that sets price greater than marginal cost.

Monopolistic competition has excess capacity in the long run because their prices are set at a higher level than the marginal revenue. They are therefore producing more goods than they are selling leading to excess capacity.

Monopolistic competition has some form of market power as well because they get to set their own prices.

Latasha's Performance Pizza is a small restaurant in San Francisco that sells gluten-free pizzas. Latasha's very tiny kitchen has barely enough room for the two ovens in which her workers bake the pizzas. Latasha signed a lease obligating her to pay the rent for the two ovens for the next year. Because of this, and because Latasha's kitchen cannot fit more than two ovens, Latasha cannot change the number of ovens she uses in her production of pizzas in the short run.

However, Latasha's decision regarding how many workers to use can vary from week to week because her workers tend to be students. Each Monday, Latasha lets them know how many workers she needs for each day Of the week, In the short run, these workers are __________inputs, and the ovens are ___________ Inputs.

Answers

Answer: variable; fixed

Explanation:

In the short run, these workers are variable inputs, and the ovens are fixed Inputs.

In the short run, variable inputs in production can be changed to adapt to the changing economic conditions while fixed inputs cannot. In the long run however, all inputs are variable and so can be changed.

As this is the short run and the workers can be changed, they are the variable inputs.

The ovens however, cannot be changed so the ovens are the fixed inputs.

Assume that direct labor is a variable cost. The special order would have no effect on the company's total fixed manufacturing overhead costs. The customer would like modifications made to product S47 that would increase the variable costs by $2.00 per unit and that would require an investment of $15,000.00 in special molds that would have no salvage value. This special order would have no effect on the company's other sales. The company has ample spare capacity for producing the special order. The annual financial advantage (disadvantage) for the company as a result of accepting this special order should be:

Answers

Answer:

$5,370

Explanation:

Missing word: "A customer has requested that Lewelling Corporation fill a special order for 2,100 units of product S47 for $26 a unit. While the product would be modified slightly for the special order, product S47's normal unit product cost is $19.20:

Direct materials $5.70, Direct labor 3.00, Variable manufacturing overhead 2.80, Fixed manufacturing overhead 7.70, Unit product cost $19.20"

Incremental analysis

Incremental revenue (2100*26)                                   $54,600

Incremental cost

Direct material (2100*$5.7)                       $11,970

Direct labor (2,100*$3)                              $6,300

Variable manuf. overhead (2,100*$80)    $5,880  

Additional cost (2100*$2.00)                    $4,200

Special molds                                            $15,000

Total incremental cost                                                  $49,230

Incremental profit (loss)                                              $5,370

The annual financial advantage (disadvantage) for the company as a result of accepting this special order should be $5,370.

Summersville Production Company had the following projected information for the current year: Selling price per unit $150 Variable cost per unit $90 Total fixed costs $300,000 What level of sales dollars is needed to obtain a target before-tax profit of $75,000

Answers

Answer:

Break-even point in units= 6,250

Explanation:

Giving the following formula:

selling price per unit $150

Variable cost per unit $90

Total fixed costs $300,000

Desired profit $75,000

To calculate the number of units to be sold, we need to use the following formula:

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (300,000 + 75,000) / (150 - 90)

Break-even point in units= 6,250

Use the data below to construct the advance/decline line for the stock market. Volume figures are in thousands of shares. (Do not round intermediate calculations. Round your answers to the nearest whole number. Input all amounts as positive values.) Stocks Advancing Advancing Volume Stocks Declining Declining Volume Monday 1,634 825,503 1,402 684,997 Tuesday 1,876 928,360 1,171 440,665 Wednesday 1,640 623,369 1,410 719,592 Thursday 2,495 1,101,332 537 173,003 Friday 1,532 508,790 1,459 498,585
Adv./Dec. Cumulative
Monday
Tuesday
Wednesday
Thursday
Friday

Answers

Answer:

                Adv./Dec.               Cumulative

Monday               1                            1

Tuesday              2                            3

Wednesday         1                            4

Thursday             5                            9

Friday                   1                            10

Explanation:

Note: See the attached excel file for the construction of he advance/decline line for the stock market.

Malco Enterprises issued $10,000 of common stock when the company was started. In addition, Malco borrowed $36,000 from a local bank on July 1, Year 1. The note had a 6 percent annual interest rate and a one-year term to maturity. Malco Enterprises recognized $72,500 of revenue on account in Year 1 and $85,200 of revenue on account in Year 2. Cash collections of accounts receivable were $61,300 in Year 1 and $71,500 in Year 2. Malco paid $39,000 of other operating expenses in Year 1 and $45,000 of other operating expenses in Year 2. Malco repaid the loan and interest at the maturity date.

Required:
Based on this information, answer the following questions.

a. What amount of interest expense would Malco report on the Year 1 income statement?
b. What amount of net cash flow from operating activities would Malco report on the Year 1 statement of cash flows?
c. What amount of total liabilities would Malco report on the December 31, Year 1, balance sheet?
d. What amount of retained earnings would Malco report on the December 31, Year 1, balance sheet?
e. What amount of net cash flow from financing activities would Malco report on the Year 1 statement of cash flows?
f. What amount of interest expense would Malco report on the Year 2 income statement?
g. What amount of net cash flow from operating activities would Malco report on the Year 2 statement of cash flows?
h. What amount of total assets would Malco report on the December 31, Year 2, balance sheet?
i. What amount of net cash flow from investing activities would Malco report on the 2017 statement of cash flows?
j. If Malco Enterprises paid a $2,000 dividend during Year 2, what retained earnings balance would it report on the December 31, Year 2, balance sheet?

Answers

Answer:

Malco Enterprises

a. The amount of interest expense on Year 1 income statement:

= $1,080

b. The amount of net cash flow from operating activities on the Year 1 statement of cash flows:

= $22,300

c. Total liabilities on the December 31, Year 1 Balance Sheet

= $37,080

d. The amount of retained earnings on the December 31, Year 1 balance sheet is:

= $ 32,420

e. The amount of net cash flow from financing activities on the Year 1 Statement of Cash Flows is:

= $10,000

f. The amount of interest expense on the Year 2 Income Statement is:

= $1,080.

g. The amount of net cash flow from operating activities on the Year 2 Statement of Cash Flows is:

= $24,340

h. The amount of total assets on the December 31, Year Balance Sheet is:

= $79,500.

i. The amount of net cash flow from investing activities on the Year 2 Statement of Cash Flows is:

= $0

j. Retained Earnings on the December 31, Year 2 Balance Sheet:

= $69,540

Explanation:

a) Data and Analysis:

1. Year 1: Cash $10,000 Common stock $10,000

2. July 1, Year 1: Cash $36,000 6% Notes Payable $36,000

3. Year 1: Accounts Receivable $72,500 Revenue $72,500

5. Year 1: Cash $61,300 Accounts Receivable $61,300

7. Year 1: Operating expenses $39,000 Cash $39,000

8. Year 1: Interest expense $1,080 Interest payable $1,080

4. Year 2: Accounts Receivable $85,200 Revenue $85,200

6. Year 2 Cash $71,500 Accounts Receivable $71,500

8. Year 2: Operating expense $45,000 Cash $45,000

9. Year 2, July 1: Notes Payable $36,000 Cash $36,000

10. Year 2, July 1: Interest Expense $1,080 Interest payable $1,080 Cash $2,160

a. The amount of interest expense on Year 1 income statement:

6% of $36,000 * 6/12 = $1,080

b. The amount of net cash flow from operating activities on the Year 1 statement of cash flows:

= $22,300 ($61,300 - $39,000)

c. Total liabilities on the December 31, Year 1 Balance Sheet = $37,080 ($36,000 + $1,080)

d. The amount of retained earnings on the December 31, Year 1 balance sheet is:

= $ 32,420

Revenue $72,500

Operating expenses $39,000

Interest expense $1,080

Net income = $32,420

e. The amount of net cash flow from financing activities on the Year 1 Statement of Cash Flows is:

= $10,000 (Common stock)

f. The amount of interest expense on the Year 2 Income Statement is:

= $1,080.

g. The amount of net cash flow from operating activities on the Year 2 Statement of Cash Flows is:

= $24,340

Accounts Receivable $71,500

Operating expense  $45,000

Interest on notes         $2,160

Net cash flow            $24,340

h. The amount of total assets on the December 31, Year Balance Sheet is:

= $79,500

Cash balance $68,300

Accounts receivable $11,200

Total assets = $79,500

i. The amount of net cash flow from investing activities on the Year 2 Statement of Cash Flows is:

= $0

j. Retained Earnings on the December 31, Year 2 Balance Sheet:

= $69,540

Retained earnings, beginning balance $32,420

Net income                                                39,120

Dividends                                                  (2,000)

Retained earnings, ending balance    $69,540

Revenue $85,200

Operating expenses $45,000

Interest expense $1,080

Net income  $39,120

Which best compares and contrasts Banking and Investment Planning?

Both require workers to have math skills for calculating risk, while Banking also requires workers to understand advanced mathematic calculations.

Both require workers to have organizational skills, while Banking requires patience for repetitive tasks.

Both require workers to understand laws related to their trades, while Investment Planning also sells products to new customers.

Both require workers to be independent and work alone, while Investment Planning also requires workers to track customer finances and investments.

Answers

Answer:

C.Both require workers to understand laws related to their trades, while Insurance Services also sell products fairly to customers.

Explanation:

Answer:

c

Explanation:

Cook Company processes and packages frozen seafood. The year just ended was Cook's first year of business and they are preparing financial statements. The immediate issue facing Cook is the treatment of the direct labor costs. Cook set a standard at the beginning of the year that allowed two hours of direct labor for each unit of output. The standard rate for direct labor is $27 per hour. During the year, Cook processed 60,000 units of seafood for the year, of which 4,800 units are in ending finished goods. (There are no work-in-process inventories). Cook used 123,500 hours of labor. Total direct labor costs paid by Cook for the year amounted to $3,087,500.

Required:
a. What was the direct labor price variance and the direct labor efficiency variance for the year?
b. Assume Cook writes off all variances to Cost of Goods Sold. Prepare the entries Cook would make to record and close out the variances.
c. Assume Cook prorates all variances to the appropriate accounts. Prepare the entries Cook would make to record and close out the variances.

Answers

Answer:

Cook Company

a. The direct labor price variance and the direct labor efficiency variance for the year:

Direct labor price variance =  (Actual rate - Standard rate) * Actual hours

= $247,000 Favorable

Efficiency variance = (Actual hours - Standard hours) * Standard rate

= $94,500 Unfavorable

b. If all variances are written off to the Cost of Goods Sold:

Journal Entries:

Debit Work in Process $247,000

Credit Direct labor variance $247,000

To record the favorable direct labor price variance.

Debit Direct labor variance $94,500

Credit Work in Process $94,500

To record the unfavorable direct labor efficiency variance.

Debit Direct labor variance $152,500

Credit Cost of Goods Sold $152,500

To close the direct labor price variance.

c. The appropriate accounts are not indicated, though they should be Raw materials, Work in Process, and Cost of Goods Sold.  However, the ratios are not given for prorating.

Explanation:

a) Data and Calculations:

Standard direct labor hours per unit = 2

Standard rate per direct labor hour = $27

Production units = 60,000

Ending Finished goods = 4,800

Cost of goods sold units = 55,200

Actual direct labor hours used = 123,500

Standard hours = 120,000 (2 * 60,000)

Actual direct labor costs = $3,087,500

Actual direct labor price = $25 ($3,087,500/123,500)

Standard direct labor costs = $3,240,000 (120,000 * $27)

a. The direct labor price variance and the direct labor efficiency variance for the year:

Direct labor price variance =  (Actual rate - Standard rate) * Actual hours

= ($25 - $27) * 123,500

= $247,000 Favorable

Efficiency variance = (Actual hours - Standard hours) * Standard rate

= (123,500 - 120,000) * $27

= $94,500 Unfavorable

b. If all variances are written off to the Cost of Goods Sold:

Analysis of Journal Entries:

Work in Process $247,000 Direct labor variance $247,000

Direct labor variance $94,500 Work in Process $94,500

Direct labor variance $152,500 Cost of Goods Sold $152,500

($247,000 - $94,500)

Nelter Corporation, which has only one product, has provided the following data conceming its most recent month of operations:
Selling price 108
Units in beginning inventory 955
Units produced 2390
Units sold 3000
Units in ending inventory 345
Variable costs per unit
Direct materials 25
Direct labor 20
Variable manufacturing overhead 1
Variable selling and administrative 14
expense
Fixed costs
Fixed manufacturing overhead 64530
Fixed selling and administrative 9000
expense
The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month
Required:
a. Prepare a contribution format income statement for the month using variable costing.
b. Prepare an Income statement for the month using absorption costing

Answers

Answer:

Part a

Nelter Corporation

Contribution format income statement for the month using variable costing

Sales ($108 x 3,000)                                                                       $324,000

Less Cost of Sales                                                                          ($138,000)

Contribution                                                                                     $186,000

Less Expenses

Fixed manufacturing overhead                               $64,530

Fixed selling and administrative                               $9,000

Variable selling and administrative (14 x 3,000)    $42,000        ($115,530)

Net Income (loss)                                                                              $70,470

Part b

Nelter Corporation

Income statement for the month using absorption costing

Sales ($108 x 3,000)                                                                       $324,000

Less Cost of Sales                                                                          ($219,000)

Gross Profit                                                                                      $105,000

Less Expenses

Fixed selling and administrative                               $9,000

Variable selling and administrative (14 x 3,000)    $42,000        ($51,000)

Net Income (loss)                                                                             $54,000

Explanation:

Calculation of Ending Units

Beginning Inventory                 955

Add Production                      2,390

Total Available for Sale         3,345

Less Sales                             (3000)

Ending Inventory                      345

Variable Costs Calculations

Product Cost  = Variable Manufacturing costs

                        = $25 + $20 + $1

                        = $46

Cost of Sales = units sold x product cost

                       = 3,000 x $46

                       = $138,000

Absorption Cost Calculation

Product Cost  = Variable Manufacturing costs

                        = $25 + $20 + $1 + ($64,530 / 2,390)

                        = $25 + 20 + $ 1 + $27

                        = $73

Cost of Sales = units sold x product cost

                       = 3,000 x $73

                       = $219,000

Which situation would increase the scarcity of a product?
A. Demand for the product falls, and fewer customers buy it.
B. One of only two factories that made the product shuts down.
C. A new production method lowers the cost of making the product.
D. A foreign country begins exporting the product in high volume.

Answers

Answer:

B. one of only 2 factories that made the product shuts down.

Brief Exercise 18-5 a1-a2 Ivanhoe Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost July 18,700 $39,712 August 33,344 50,016 September 37,512 57,310 October 22,924 40,126 November 41,680 77,629 December 39,596 64,604 (a1) Compute the variable cost per unit using the high-low method.

Answers

Answer:

a, the variable cost per unit using the high-low method is $1.65

Explanation:

a. The computation of the variable cost per unit using the high low method is shown below:

= (HIgh cost - low cost) ÷ (high units - low units)

= ($77,629 - $39,712) ÷ (41,680 units - 18,700 units)

= ($37,917) ÷ (22,980 units)

= $1.65

Hence, the variable cost per unit using the high-low method is $1.65

The same would be considered by applying the above formula so that the correct value could come

Troy Engines, Ltd., manufactures a variety of engines for use in heavy equipment. The company has always produced all of the necessary parts for its engines, including all of the carburetors. An outside supplier has offered to sell one type of carburetor to Troy Engines, Ltd., for a cost of $36 per unit. To evaluate this offer, Troy Engines, Ltd., has gathered the following information relating to its own cost of producing the carburetor internally:

Per Unit 20,000 Units Per Year
Direct materials $17 $340,000
Direct labor 10 200,000
Variable manufacturing overhead 2 40,000
Fixed manufacturing overhead, traceable 9 180,000
Fixed manufacturing overhead, allocated 12 240,000
Total cost $50 604,000

Required:

a. Assuming the company has no alternative use for the facilities that are now being used to produce the carburetors, what would be the financial advantage (disadvantage) of buying 17,000 carburetors from the outside supplier?
b. Should the outside supplier’s offer be accepted?
c. Suppose that if the carburetors were purchased, Troy Engines, Ltd., could use the freed capacity to launch a new product. The segment margin of the new product would be $170,000 per year. Given this new assumption, what would be financial advantage (disadvantage) of buying 17,000 carburetors from the outside supplier?
d. Given the new assumption in requirement 3, should the outside supplier’s offer be accepted?

Answers

Answer:

Troy Engines, Ltd.

a. The financial advantage of buying from the outside supplier = $34,000

b. The outside supplier's offer should be accepted.

c. The financial disadvantage of buying from the outside supplier = $136,000.

d. The outside supplier's offer should not be accepted.

Explanation:

a) Data and Calculations:

Cost of                                                                   Internal                External

                                                                        Production        Procurement

Per Unit 20,000 Units Per Year                  

Direct materials                                          $17 $340,000

Direct labor                                                   10   200,000

Variable manufacturing overhead               2      40,000    $36   $720,000

Fixed manufacturing overhead, traceable  9    180,000

Fixed manufacturing overhead, allocated 12    240,000               240,000

Total cost                                                  $50   604,000             $960,000

a) Buying 17,000 carburetors:

Cost of                                                                   Internal                External

                                                                        Production        Procurement

Variable manufacturing cost                       29  493,000    $36    $612,000

Fixed manufacturing overhead, traceable  9    153,000

Fixed manufacturing overhead, allocated 12   240,000                240,000

Total cost                                                  $50 $886,000             $852,000

The financial advantage of buying from the outside supplier = $34,000 ($886,000 - $852,000)

b) The segment margin of the new product launched:

a) Buying 17,000 carburetors:

Cost of                                                                   Internal                External

                                                                        Production        Procurement

Variable manufacturing cost                       29  493,000    $36    $612,000

Fixed manufacturing overhead, traceable  9    153,000

Fixed manufacturing overhead, allocated 12   240,000                240,000

Total cost                                                  $50 $886,000             $852,000

New segment product's margin                       (170,000)

Net total cost                                                    $716,000              $852,000

The financial disadvantage of buying from the outside supplier = $136,000 ($716,000 - $852,000).

Presented below is selected information for three regional divisions of Medina Company.

Divisions
North West South
Contribution margin $299,200 $499,600 $400,900
Controllable margin $139,500 $360,000 $211,500
Average operating assets $930,000 $2,000,000 $1,410,000
Minimum rate of return 12% 14% 9%

Required:
a. Compute the return on investment for each division.
b. Compute the residual income for each division.

Answers

Answer:

a. Return on investment = Controllable margin / Average operating assets

North Division:

= 139,500 / 930,000

= 15%

West Division:

= 360,000 / 2,000,000

= 18%

South:

= 211,500 / 1,410,000

= 15%

b. Residual income = Controllable margin - (Average operating assets * Minimum rate of return)

North division:

= 139,500 - (930,000 * 12%)

= $27,900

West division:

= 360,000 - (2,000,000 * 14%)

= $80,000

South division:

= 211,500 - (1,410,000 * 9%)

= $84,600

Buddy's Burger Barn purchased produce for the week from one of its
suppliers. The business's accountant credited the Accounts Payable account
for $150. How will this purchase impact the balance sheet?
A. It will be subtracted from the total balance of Accounts Payable,
and then transferred to the Current Liabilities section of the
balance sheet.
B. It will be added to the total balance of Accounts Payable, and then
regarded as cash on hand on the balance sheet.
C. It will be added to the total balance of Accounts Payable, and then
transferred to the Current Liabilities section of the balance sheet.
D. It will be subtracted to the total balance of Accounts Payable, and
then regarded as cash on hand on the balance sheet.

Answers

it’s d and e i’m pretty sur

Answer:

thanks bro your wrong the answer is

C.) it will be added to the total balance of accounts payable, and then transferred to the current liabilities section of the balance sheet.

list the functions of an enterpreneur​

Answers

Answer:

Taking Initiative.

Organizing Resources.

Identifying Opportunities and Prospects.

Risk-Taking.

Decision Making.

Technology Transfer and Adaptation.

Innovation.

Fostering Autonomy.

Explanation:

ANSWER:

Fostering Autonomy
Innovation
Decision making
Technology Transfer and Adapation
Risk Taking
Identifying Opportunities and Prospects
Organizing Resources
Taking Initiative

MARK ME BRAINLIEST PLEASE

In order to safeguard the public health, environment, public beaches, water quality, and economy of south San Diego County, California, and Tijuana, Mexico, federal agencies in the United States and Mexico developed four alternatives for treating wastewater prior to discharge into the ocean. The project will minimize untreated wastewater flows that have caused chronic and substantial pollution in the Tijuana River Valley, the Tijuana River National Estuarine Research Reserve, coastal areas used for agriculture and public recreation, and areas designated as critical habitat for federal- and state-listed endangered species. For the costs and benefits estimated, which alternative should be selected on the basis of a B/C analysis at 6% per year and a 40-year project period?

Pond System Expand Plan Advanced Prima Partial Secondary
Capital cost, $5.8 76 2 48
M&O cost, $/year 5.5 5.3 2.1 4.4
Benefits, $/year 11.1 12.0 2.7 8.3

Answers

Answer:

Following are the solution to these question:

Explanation:

Follows are the AW calculation to the total cost and add according to the rank of the increasing costs.  

     

               [tex]= 58 (0.06646) + 5.5\\= \$ 9.35[/tex]

[tex]AWexpand = 76(\frac{A}{P}, 6\%, 40) + 5.3[/tex]

                  [tex]= 2 (0.06646) + 2.1\\\\= \$ 2.23\\\\[/tex]

[tex]AWprimary = 2(\frac{A}{P}, 6\%, 40) + 2.1\\\\[/tex]

                     [tex]= 2 (0.06646) + 2.1\\\\= \$ 2.23\\\\[/tex]

[tex]AW partial = 48(\frac{A}{P}, 6\%, 40) + 4.4\\\\[/tex]

                  [tex]= 48 (0.06646) + 4.4\\\\= \$ 7.59[/tex]

Calculating the benefits of the directly estimate on the DN of the first alternative and rank as follows: DN, Primary, Partial, Pond, Expand

[tex]Primary \ DN: \frac{\Delta B}{с} = \frac{2.7}{2.23}= 1.21 \ eliminate\ DN\\\\Partial \ Primary: \frac{\Delta B}{с} =\frac{(8.3-2.7)}{(7.59-2.23)}= 1.04 \ eliminate \ Primary\\\\Pond \ Partial: \frac{\Delta B}{с} = \frac{(11.1 - 8.3)}{(9.35-7.59)}= 1.59 \ eliminate \ Partial\\\\Expand \ Pond: \frac{\Delta B}{с} = \frac{(12.0 - 11.1)}{(10.35 - 9.35)}= 0.90\ eliminate\ Expand\\\\[/tex]

select the Pond system

The units of an item available for sale during the year were as follows: Jan 1 Inventory 22 units at 127 April 15 Purchase 138 units at 117 September 9 Purchase 27 units at 125 There are 42 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using the last-in, first-out (LIFO)

Answers

Answer:

$5,134

Explanation:

LIFO assumes that the units to arrive last are sold first Therefore inventory value is based on earlier (old) prices.

Step 1 : Calculate units sold

Units sold = Units Available for sale - units in inventory

                 = 145 unit

Step 2 : Determine Inventory Value

Inventory value = 22 units x $127 + 20 units x $117

                          = $5,134

Conclusion

the inventory cost using the last-in, first-out (LIFO) is  $5,134

Smelling of Tulips, Inc., a perfume company, estimated its short-run costs using a U-shaped average variable cost function of the form and obtained the following results. Total fixed cost (TFC) at S.T. Inc. is $1290. Adjusted R Square 0.809 Coefficients Standard Error t Stat P-value Intercept 47.66 3.29 14.49 0.0001 Q -4.67 0.72 -6.48 0.0000 Q^2 0.26 0.03 7.79 0.0000 a. What level of output (Q) is associated with the minimum AVC

Answers

Answer:

The level of output (Q) is associated with the minimum AVC is 8.98.

Explanation:

The following sorted data are given in the question:

Adjusted R Square 0.809

                       Coefficients        Standard Error      t Stat      P-value

Intercept               47.66                      3.29              14.49        0.0001

   Q                        -4.67                      0.72              -6.48        0.0000

 Q^2                       0.26                      0.03               7.79        0.0000

From the regression results above, the regression equation for AVC can be obtained as follows:

AVC = Coefficient of intercept + Coefficient of Q * Q + Coefficient of Q^2 * Q^2 …………. (1)

Substituting the relevant values into equation (1), we have:

AVC = 47.66 – 4.67Q + 0.26Q^2

Differentiate AVC with respect to Q, equating it to 0, and solve for Q, we have:

dAVC/dQ = -4.67 + (2 * 0.26)Q = 0

4.67 = 0.52Q

Q = 4.67 / 0.52

Q = 8.98

Therefore, the level of output (Q) is associated with the minimum AVC is 8.98.

Henry is a new employee who used to work for your most daunting competitor. When you

are designing an ad campaign, you interview Henry to help you draft an accurate

company.

coercive
reward
referent
information
none of the above.

Answers

Answer:

information

Explanation:

On July 1, Tommy Wrigley established Wrigley Home Appraisal Services, a firm that provides expert residential appraisals and represents clients in home appraisal hearings.

TRANSACTIONS:
The owner invested $100,000 in cash to begin the business.
Paid $20,250 in cash for the purchase of equipment.
Purchased additional equipment for $15,200 on credit.
Paid $12,500 in cash to creditors.
The owner made an additional investment of $25,000 in cash.
Performed services for $9,750 in cash.
Performed services for $7,800 on account.
Paid $6,000 for rent expense.
Received $5,500 in cash from credit clients.
Paid $7,550 in cash for office supplies.
The owner withdrew $12,000 in cash for personal expenses.

Required:
Record in equation form the changes that occur in assets, liabilities, and owner’s equity for the above transactions.

Answers

Answer:

Wrigley Home Appraisal Services

Recording the changes in assets, liabilities, and owner's equity for the above transactions in equation form:

1. Assets (Cash +$100,000) = Liabilities + Equity (Common stock +$100,000)

2. Assets (Equipment +$20,250; Cash -$20,250) = Liabilities + Equity

3. Assets (Equipment +$15,200) = Liabilities (Accounts payable +$15,200) + Equity

4. Assets (Cash - $12,500) = Liabilities (Accounts payable -$12,500) + Equity

5. Assets (Cash +$25,000) = Liabilities + Equity (Common stock +$25,000)

6. Assets (Cash +$9,750) = Liabilities + Equity (Retained earnings +$9,750)

7. Assets (Accounts receivable +$7,800) = Liabilities + Equity  (Retained earnings +$7,800)

8. Assets (Cash -$6,000) = Liabilities + Equity (Retained earnings -$6,000)

9. Assets (Cash +$5,500; Accounts receivable -$5,500) = Liabilities + Equity

10. Assets (Office Supplies +$7,550 Cash -$7,550) = Liabilities + Equity

11. Assets (Cash +$12,000) = Liabilities + Equity (Common stock +$12,000)

Explanation:

a) Data and Analysis:

1. Cash $100,000 Common stock $100,000

2. Equipment $20,250 Cash $20,250

3. Equipment $15,200 Accounts payable $15,200

4. Accounts payable $12,500 Cash $12,500

5. Cash $25,000 Common stock $25,000

6. Cash $9,750 Service Revenue $9,750

7. Accounts receivable $7,800 Service Revenue $7,800

8. Rent expense $6,000 Cash $6,000

9. Cash $5,500 Accounts receivable $5,500

10. Office Supplies $7,550 Cash $7,550

11. Common stock $12,000 Cash $12,000

b) The accounting equation is given as assets = liabilities + equity.  Therefore, every transaction that occurs and is properly recorded, using the double system of accounting, keeps the equation in balance.

Superior Inc. is starting a new project. It plans to develop an online platform that allows for 3D printing of online purchases. This would effectively reduce the online purchases' delivery times to minutes. It expects this new product to be a great success and bring rapidly growing profits in the first few years. After that, it expects the competition to kick in which will reduce the growth of annual profits. The dividends on Superior Inc.'s shares will be growing accordingly. Here is the exact schedule of expected future dividends:

Most recently paid dividend is $4.
Expected annual growth rate of dividends for the first 3 years is 50%.
Expected annual growth rate of dividends after that is 10%.
Discount rate for this company is 15%.

Required:
Calculate the price per share of stock of Superior Inc.

Answers

Answer:

P0 = $216.18147448015  rounded off to $216.18

Explanation:

The dividend discount model (DDM) can be used to calculate the price of the stock today. DDM calculates the price of a stock based on the present value of the expected future dividends from the stock. The formula for price today under DDM is,

P0 = D1 / (1+r)  +  D2 / (1+r)^2  +  ...  +  Dn / (1+r)^n  +  [(Dn * (1+g) / (r - g)) / (1+r)^n]

Where,

D1, D2, ... , Dn is the dividend expected in Year 1,2 and so on g is the constant growth rate in dividends r is the discount rate or required rate of return

P0 = 4 * (1+0.5) / (1+0.15)  +  4 * (1+0.5)^2 / (1+0.15)^2  +  

4 * (1+0.5)^3 / (1+0.15)^3  + [(4 * (1+0.5)^3 * (1+0.1) / (0.15 - 0.1)) / (1+0.15)^3]

P0 = $216.18147448015  rounded off to $216.18

A customer recently lost data because it was accidentally deleted. The customer calls a technician and asks to have a Windows backup solution installed. The customer needs to ensure all company data is backed up and quickly recoverable every time a change is made.

Required:
Which solutions would the technician MOST likely recommend?

Answers

Answer:

Snap shot and shadow copy

Explanation:

Shadow copy is a technique which is used by the administrators of computer software to backup data and create snapshots for files. It saves the data and creates a backup which can be restored when the actual data is intentionally or mistakenly lost.

Prepare journal entries to record the following transactions for Sherman Systems. Purchased 6,000 shares of its own common stock at $35 per share on October 11. Sold 1,250 treasury shares on November 1 for $41 cash per share. Sold all remaining treasury shares on November 25 for $30 cash per share. 2. Prepare the stockholders' equity section after the October 11 treasury stock purchase.

Answers

Answer:

Revised Equity Section of Balance Sheet After October 11

                                                                                                         

Common Stock at par                                                 $820,000

Paid-in capital in excess of Par                                  $266,000

Total Contributed Capital                                        $1,086,000

Retained earnings                                                    $  944,000

Total                                                                          $2,030,000

Less: Treasury Stock                                               ($  210,000)

Total Stockholder's Equity                                      $1,820,000

Treasury stock = 6,000 * 35

= $210,000

Determining Financial Effects of Transactions Affecting Current Liabilities with Evaluation of Effects on the Debt-to-Assets Ratio

Apr. 30 Received $876,000 from Commerce Bank after signing a 12-month, 8.50 percent, promissory note.
June 6 Purchased merchandise on account at a cost of $98,000. (Assume a perpetual inventory system.)
July 15 Paid for the June 6 purchase.
Aug. 31 Signed a contract to provide security service to a small apartment complex starting in September, and collected six months’ fees in advance, amounting to $35,500.
Dec. 31 Determined salary and wages of $63,000 were earned but not yet paid as of December 31 (ignore payroll taxes).
Dec. 31 Adjusted the accounts at year-end, relating to interest.
Dec. 31 Adjusted the accounts at year-end, relating to security service.

Required:
For each listed transaction and related adjusting entry, indicate the accounts, amounts, and effects on the accounting equation.

Answers

Answer:

Accounts, Amounts, and Effects on the Accounting Equation:

Apr. 30 Assets increase (Cash +$876,000) = Liabilities increase(Promissory note payable (Commercial Bank) +$876,000) + Equity

June 6 Assets increase (Inventory +$98,000) = Liabilities increase (Accounts payable +$98,000) + Equity

July 15 Assets decrease (Cash -$98,000) = Liabilities decrease (Accounts payable -$98,000) + Equity

 

Aug. 31 Assets increase (Cash +$35,500) = Liabilities increase (Deferred Revenue +$35,500) + Equity

Dec. 31 Assets = Liabilities increase (Salary and wages payable +$63,000) + Equity decrease (Retained earnings (Salary and wages expenses) -$63,000)

Dec. 31 Assets = Liabilities increase (Interest payable +$49,640) + Equity decrease (Retained earnings (Interest Expense) -$49,640)

Dec. 31 Assets = Liabilities decrease (Deferred Revenue -$23,667) + Equity increase (Retained earnings (Security Service Revenue) +$23,667)

Explanation:

a) Data and Analysis:

Apr. 30 Cash $876,000  12-month, 8.50 percent, Promissory note payable (Commercial Bank) $876,000

June 6 Inventory $98,000 Accounts payable $98,000

July 15 Accounts payable $98,000 Cash $98,000

Aug. 31 Cash $35,500 Deferred Revenue $35,500

Dec. 31 Salary and wages expenses $63,000 Salary and wages payable $63,000

Dec. 31 Interest Expense $49,640 Interest payable $49,640 ($876,000 * 8.5% * 8/12)

Dec. 31 Deferred Revenue $23,667 Security Service Revenue $23,667


6) Discuss the following statement: "Good research is deductive in nature."

Answers

No it is not good in nature!!!!!

A good research is seen as deductive in nature because it:

explain causal relationships between concepts and variablesmeasures concepts quantitativelygeneralize research findings to a certain extent.

What is a research?

This refers to a careful and organized study as well as gathering of information about a specific topic.

When a research works explain causal relationships between concepts and variables, measures concepts quantitatively and generalize research findings to a certain extent, then, it is seen as a good research.

Read more about good research

brainly.com/question/968894

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In the sales comparison approach, how is the appropriate unit of comparison chosen?

a. Price per square foot is always used.
b. Price per square foot is used except for hotels, for which the price per room is used.
c. It depends on the appraisal problem. The appraiser should apply all appropriate units of comparison, explain differences in wide variation in the results, and choose the most reliable unit.
d. It depends on the extent to which each comparable property differs from the subject property.

Answers

Answer:

c. It depends on the appraisal problem. The appraiser should apply all appropriate units of comparison, explain differences in wide variation in the results, and choose the most reliable unit.

Explanation:

The three (3) main methods used for the valuation or appraisal of real-estate properties are;

I. Income approach.

II. Cost approach.

III. Sales comparison approach.

A sales comparison approach can be defined as a real-estate appraisal technique that is typically based on comparing a property to other recently sold real-estate properties with similar characteristics. Thus, this appraisal method or technique requires that the real-estate property being appraised should be in current use and fall within the same area or locality as the other recently sold real-estate properties.

In the sales comparison approach, the appraised property should mimic the market behavior of other real-estate properties sold recently.

WHAT GOAL MIGHT THE PURSED BY MANAGERS
INTEAD OF MAXIMIZATION OF SHARE HOLDER
WEALTH?​

Answers

Answer:

Instead of seeking to maximize some objective (such as shareholder wealth), managers “satisfice”, or seek acceptable levels of performance, while maximizing their own welfare.

Explanation:

I searched the answer up :(

i need help What is an IPO?

Answers

Answer:

An IPO stands for Initial Public Offering. It's a public offering in which shares of a company are sold to institutional investors and usually also retail investors.

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