Answer:
Land $558,000
Warehouse $351,000
Office building $711,000
Explanation:
Calculation to determine the appropriate amounts that Sunland should record for the land, warehouse, and office building, respectively
ALLOCATED COST
LAND $620000/ $1,80,0000*$1,620,000=$558,000
WAREHOUSE 390000/$1800000*$1620000=$351,000
OFFICE BUILDING 790000/$1800000*$1620000=$711,000
Total $1,800,000 $1,620,000
Therefore the appropriate amounts that Sunland should record are :
Land $558,000
Warehouse $351,000
Office building $711,000
no trespassing signs are an example of owners enforcing their right to
Control property
hi or enjoy property
or own property
or exclude people from your property
or exchange property
Answer:
I guess the ans is their right to exclude people from your property.
1. In the problem solving process, which step comes before Take Action?
O A. Define the Problem
O B. Come up with Solutions
O C. Finish your shift
O D. Choose a Solution
Creating potential solutions Investigating the Solutions. Making the finest Solution choice (s). Considering the upcoming course of action (Next Steps) Hence option B is correct.
What are solving process ?To deal with the numerous difficulties encountered at work, problem solving models are used. While many people frequently find solutions to difficulties, there are other methods that can be employed.
A shared, collaborative, and systematic approach to problem solving typically results in the quicker resolution of complex difficulties for teams, working groups, and boards, among other groups.
In the first step, the issue's context, history, and symptoms are diagnosed. After the group has a firm understanding of the issue, they look into the more widespread symptoms to learn what the issue means, who it impacts, and how critical/urgent it is.Its purpose is to treat the symptoms.
The goal of analytical, creative issue solving is to come up with multiple answers rather than just one. The most obvious solution to an issue is frequently not the best one.
Learn more about Solving process here
https://brainly.com/question/11653895
# SPJ 2
Presented below is information related to Splish Company at December 31, 2020, the end of its first year of operations.
Sales revenue $334,910
Cost of goods sold 149,030
Selling and administrative expenses 54,000
Gain on sale of plant assets 32,710
Unrealized gain on available-for-sale debt investments 9,080
Interest expense 6,360
Loss on discontinued operations 11,260
Dividends declared and paid 4,660
Compute the following:
(a) Income from operations -
(b) Net income -
(c) Comprehensive income
(d) Retained earnings balance at December 31, 2020 -
Answer:
a. $131,880
b. $167,310
c. $156,050
d. $151,390
Explanation:
(a) Income from operations
Income from Operations is Income resulting from Primary Trading Activities of the Company.
Income from Operations = Gross Profit + Operating Income - Operating Expenses
where,
Gross Profit = Sales - Cost of Goods Sold
= $334,910 - $149,030
= $185,880
thus,
Income from Operations = $185,880 - $54,000 = $131,880
(b) Net income
Income resulting from Primary and Secondary Trading Activities of the the Company.
Net income = Income from Operations + Non Operating Income - Non Operating Expenses
= $131,880 + $32,710 + $9,080 - $6,360
= $167,310
(c) Comprehensive income
Income from both Continuing and Non - Continuing Activities.
Comprehensive income = Net income + Non - Continuing Activities
= $167,310 - $11,260
= $156,050
(d) Retained earnings balance at December 31, 2020
The Income remaining after distributions to shareholders have been made.
Retained earnings = Comprehensive income - Dividends
= $156,050 - $4,660
= $151,390
Mavericks Cosmetics buys $4,347,116 of product (net of discounts) on terms of 8/10, net 60, and it currently pays on the 10th day and takes discounts. Mavericks plans to expand, and this will require additional financing. If Mavericks decides to forego discounts, what would the effective percentage cost of its trade credit be, based on a 365-day year
Answer:
15.59%
Explanation:
Calculation to determine what would the effective percentage cost of its trade credit be
Effective percentage cost=1+(.08/1-.08)]^(365/10)-1
Effective percentage cost=1.08^36.5-1
Effective percentage cost=15.59%
Therefore the effective percentage cost of its trade credit be 15.59%
if Mavericks decides to forego discounts, then, 83.80% would be the effective percentage of cost of its trade credit.
Here we are to calculate what would the effective percentage cost of its trade credit.
Effective cost of not taking discount = (1 + (%Discount / (1-Discount%)^ (365/(Total days - Discount days)) - 1
Effective cost of not taking discount = [1 + (8/92)]^[365 / (60 - 10)] - 1
Effective cost of not taking discount = 1.8380 - 1
Effective cost of not taking discount = 0.8380
Effective cost of not taking discount = 83.80%
Therefore, if Mavericks decides to forego discounts, then, 83.80% would be the effective percentage of cost of its trade credit.
See similar solution here
brainly.com/question/25822994
Kyle Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, the company would have 715,000 shares of stock outstanding. Under Plan II, there would be 465,000 shares of stock outstanding and $6.75 million in debt outstanding. The interest rate on the debt is 7 percent, and there are no taxes.
a. Assume that EBIT is $1.6 million. Compute the EPS for both Plan I and Plan II. (Do not round intermediate calculations and round your answers to 2 decimal places, 32.16.)
EPS
Plan I $
Plan II $
b. Assume that EBIT is $3.1 million. Compute the EPS for both Plan I and Plan II. (Do not round intermediate calculations and round your answers to 2 decimal places, 32.16.)
EPS
Plan I $
Plan II $
c. What is the break-even EBIT? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Round your answer to the nearest whole number, e.g., 32.)
Break-even EBIT $
Answer and Explanation:
The computation is shown below
As we know that
1. EPS = ( Net income - dividends ) ÷ Average number of share
A.
For Plan 1
Number of share = 715,000
EPS = 1600000 ÷ 715000
= 2.23
For Plan 2
Net income = EBIT = $1.6 million = $1,600,000
Interest = 0.07*6,750,000 = 472,500
EBT = 1,127,500
Tax = 0
Net Income = 1,127,500
Numberof share = 465,000
So,
EPS = $1,127,500 ÷ 465000
= 2.42
B.
For Plan 1
EPS = 3100000 ÷ 715000
= 4.33
For Plan 2
When EBIT = 3,100,000
Interest = 0.07 × 6,750,000 = $472,500
Net Income = 2,627,500
So,
EPS = $2,627,500 ÷ 465000
= 5.65
C.
Plan 1 EBIT = Plan 2 EBIT
EBIT ÷ 715000 = (EBIT - 0.07 × $6,750,000) ÷ 465000
EBIT = 1,351,350 or $1.35 million
Farmer Brown grows Number 1 red corn and would like to hedge the value of the coming harvest. However, the futures contract is traded on the Number 2 yellow grade of corn. Suppose that yellow corn typically sells for 90% of the price of red corn. If he grows 180,000 bushels, and each futures contract calls for delivery of 5,000 bushels, how many contracts should Farmer Brown buy or sell to hedge his position
Answer:
40 contracts
Explanation:
Calculation to determine how many contracts should Farmer Brown buy or sell to hedge his position
First step is to calculate how much The farmer must sell forward
Farmer must sell forward=180,000∗(1/0.90)
Farmer must sell forward= 200,000bushels of yellow corn.
Now let calculate the requires selling
Requires selling=200,000/ 5,000 bushels
Requires selling =40 contracts.
Therefore how many contracts should Farmer Brown buy or sell to hedge his position is 40 contracts.
Incremental costs - Initial and terminal cash flow
Consider the case of Marston Manufacturing
Acme Manufacturing is considering a project that requires an investment in new equipment of $3,200,000, with an additional $160,000 in shipping and installation costs. Acme estimates that its accounts receivable and inventories need to increase by $640,000 to support the new project, some of which is financed by a $256,000 increase in spontaneous liabilities (accounts payable and accruals).
The total cost of Marston's new equipment is___the and consists of the price of the new equipment plus the_____.
In contrast, Marston's initial net investment outlay is____.
Suppose Marston's new equipment is expected to sell for $200,000 at the end of its four-year useful life, and at the same time, the firm expects to recover all of its net operating working capital investment. The company chose to use straight-line depreciation, and the new equipment was fully depreciated by the end of its useful life. If the firm's tax rate is 40%, what is the project's total ter)tination cash flow?
a. $200,000.
b. $464,000.
c. $504,000.
d. $120,000.
Answer:
c. $504,000
Explanation:
Total cost of new equipment = Price of equipment + Shipping & Installation costs = $3,200,000 + $160,000 = $3,360,000
Increase in working capital = Increase in inventories & account receivables - Increase in accounts payable = $640,000 - $256,000 = $384,000
Total Initial net investment outlay = $3,744,000 ($3,360,000+$384,000)
Project terminal cash-flow = Sale value of equipment (after tax) + Recovery of working capital = $200,000*(1-0.40) + $384,000 = $120,000 + $384,000 = $504,000
Companies may use a special bank account solely for the purpose of paying employees, by depositing an amount equal to the total employees' net pay into the account each pay period and drawing the employees' payroll checks on the account. This account is a(n):_________
a) Payroll bank account.
b) Federal depository bank account.
c) Payroll register account.
d) Employee's Individual Earnings account.
e) Employees' bank account.
Answer:
A) Payroll bank account.
Explanation:
A payroll account can be regarded as
separate bank account that is been set up strictly for payroll. To avoid lumping all the expenses of the business in an account, the employee wages will be paid using the payroll bank account.
net wages of the employee will only be deposited in this account.It should be noted that Companies may use a special bank account solely for the purpose of paying employees, by depositing an amount equal to the total employees' net pay into the account each pay period and drawing the employees' payroll checks on the Payroll bank account.
A purpose of the Core Inflation Index is _______________. Select the correct answer below: to help consumers understand the overall cost of living from month to month to be a gauge from which to make important government policy changes to help companies make decisions about production and hiring to help people determine global trends in the oil market
Answer:
to be a gauge from which to make important government policy changes.
Explanation:
Inflation can be defined as the persistent general rise in the price of goods and services in an economy at a specific period of time.
Generally, inflation usually causes the value of money to fall and as a result, it imposes more cost on an economy.
Furthermore, when this persistent rise in the price of goods and services in an economy becomes rapid, excessive, unbearable and out of control over a period of time, it is generally referred to as hyperinflation.
Core Inflation Index can be defined as a measure of the change in the price (cost) of goods and services over a specific period of time but excluding the products or items from the energy and food sector. The energy products and food items are excluded because they're transitory i.e having temporary price volatility and as such making their prices change easily.
In Economics, some of the common ways to measure the rate of inflation in a country is through the consumer price index (CPI), gross domestic product deflator (GDP Deflator), personal consumption expenditures price index (PCEPI), employment cost index (ECI), producer price index (PPI), etc.
Hence, a purpose of the Core Inflation Index is to be a gauge from which to make important government policy changes that would have a significant effect or impact on the lives of the citizens of the country.
CII measures the change in the price of goods and services minus the price change of food and energy. It is a tool to make important government policies.
What is Core Inflation Index?CII is the difference between the change in the price of goods and services and with change in the price of food and energy. The food and energy factor is excluded because they are very volatile in nature.
The purpose of CII is to be a gauge from which to make important government policy changes.
Therefore, it can be said the above option aptly describes the purpose of CII.
Learn more about Core Inflation Index here:
https://brainly.com/question/15764055?
In an electric motor, a commutator
a.
is made out of dozens of wire loops wrapped around a ferromagnetic core.
b.
repeatedly reverses the flow of current through the armature.
c.
is a magnet.
d.
is directly connected to the current source.
Answer:
ook
Explanation:
ook
Which of the following is not true concerning account titles:multiple choiceThere is a wide range of account titles among different types of companies.All companies use exactly the same account titles.There is a small range in account titles regardless of type of company.All companies use different account titles.
Answer:
There is a wide range of account titles among different types of companies
Explanation:
An account title can be regarded as a
unique name that is been assigned or associated to particular account in an accounting system. It is very crucial to use An account title when there is a need for identification of accounts by
accounting staff , this is because the title usually conveys the purpose of that particular account. Some of the account titles that can be used are;
Cash on Hand, Petty Cash Fund, and
Cash in Bank,. In account titles;
✓All companies use exactly the same account titles.
✓There is a small range in account titles regardless of type of company.
✓All companies use different account titles.
A worker may prefer to be treated as an independent contractor (rather than an employee) for which of the following reasons:____________
a. Work-related expenses of an independent contractor are deductible for AGI.
b. All of the self-employment tax is deductible for income tax purposes.
c. A Schedule C does not have to be filed.
d. Avoids the overall limitation (50%) as to business meals.
e. None of these choices are correct.
Answer: a. Work-related expenses of an independent contractor are deductible for AGI.
Explanation:
Independent Contractors are allowed to deduct the expenses they incur while contracting, from the AGI (Annual Gross Income).
This therefore reduces the taxes that the contractors have to pay unlike with employees who will have to pay income tax and cannot deduct much from work.
Define the term "compilation engagements" and distinguish between reasonable assurance
engagements and limited assurance engagements.
(8 marks)
Answer: See explanation
Explanation:
A compilation engagement refers to a form of engagement whereby there's an engagement of an outside accountant by a company for the preparation and the presentation of its financial statements.
In a reasonable assurance engagement, the level of assurance is high. Here, there is the likelihood that the prevention or detection of the material misstatements will not be timely.
The limited assurance engagement refers to the assurance engagement risk being reduced to an acceptable level, but where the risk is still more than the reasonable assurance engagement. Here, less evidence is being collected unlike the reasonable assurance engagement.
.
Bald Industries disclosed the following minimum rental commitments under non-cancelable operating leases in its 2017 annual report: Minimum operating Amount lease payments (in millions) 2018 $71 2019 46 2020 34 2021 26 2022 20 Total $197 What is the present value of these operating lease payments, assuming a 6% discount rate
Answer:
The present value of these operating lease payments is $172.01 million.
Explanation:
Note: See the attached excel file for the calculation of the net present value (NPV) (in bold red color) of these operating lease payments.
In the attached excel file, the discounting factor for each year is calculated as follows:
Discounting factor = 1 / (100% + Discount rate)^Number of the year
From the attached excel file, we have:
NPV = Net present value = $172.01 million.
Gelb Company currently manufactures 52,500 units per year of a key component for its manufacturing process. Variable costs are $4.05 per unit, fixed costs related to making this component are $65,000 per year, and allocated fixed costs are $75,500 per year. The allocated fixed costs are unavoidable whether the company makes or buys this component. The company is considering buying this component from a supplier for $3.50 per unit. Calculate the total incremental cost of making 52,500 units and buying 52,500 units. Should it continue to manufacture the component, or should it buy this component from the outside supplier
Answer:
Gelb Company should choose to Buy the Component since it is the cheaper option. This gives a cost advantage of $28,875.
Explanation:
For each Option, include costs which are unavoidable because those would change as a result of this decision, they are relevant costs items.
Total incremental cost : Making
Variable costs (52,500 x $4.05) $212,625
Fixed Costs (unavoidable) $75,500
Total $288,125
Total incremental cost : Buying
Purchase Price ( 52,500 x $3.50) $183,750
Fixed Costs (unavoidable) $75,500
Total $259,250
Conclusion :
Gelb Company should choose to Buy the Component since it is the cheaper option. This gives a cost advantage of $28,875 ($288,125 - $259,250).
Jamison Company has two service departments and two producing departments. Square footage of space occupied by each department follows: Custodial services 2,600 feet General administration 4,600 feet Producing Department A 9,600 feet Producing Department B 9,600 feet 26,400 feet The department costs of Custodial Services are allocated on a basis of square footage of space. If Custodial Services costs are budgeted at $54,000, the amount of cost allocated to General Administration under the direct method would be:
Answer:
$0
Explanation:
Under the direct method of cost allocation, each and every service department cost would be distributed to the producing department that depend upon the square footage of space. Also the service of service department would be used by the other service department would not be considered.
So here the custodial service cost would be distributed to the producing department A and producing department b and no cost would be distributed to the general admin department
Hence, the $0 would be allocated
The number of years n required for an investment at interest rate r to double in value must satisfy (1 + r)n = 2. Using ln 2 = .69 and the approximation ln(1 + r) ≈ r valid for small r, show that n ≈ 69/i, where i is the interest rate percentage (that is, i = 100r). Using the better approximation ln(1+r) ≈ r − 1 2 r2, show that for r ≈ .08 there holds n ≈ 72/i.
Answer:
Showing n=69/i :
n*r=0.69
where r=i/100
n*(i/100)=0.69
Solving the above Equation:
n=69/i (Proved)
Showing n=72/i :
[tex]n*(0.08-\frac{1}{2}(0.08)^2)=0.69\\n* 0.0768=0.69\\n=8.98[/tex]
Above we calculated n=8.98 ≈ 9 (Proved n=72/i)
Explanation:
Given:
[tex](1+r)^n=2[/tex]
ln(2)=0.69
i=100*r means r=i/100
Solution:
Showing n=69/i :
[tex](1+r)^n=2[/tex]
Taking ln on both sides:
[tex]ln(1+r)^n=ln (2)\\n*ln(1+r)=0.69[/tex]
From given data ln(1+r) ≈ r
Above Equation will become:
n*r=0.69
where r=i/100
n*(i/100)=0.69
Solving the above Equation:
n=69/i (Proved)
Showing n=72/i :
As we know i=100*r
when r=0.08,
i=100*0.08=8
[tex]n=72/i =72/8 =9[/tex]
Now:
[tex](1+r)^n=2[/tex]
Taking ln on both sides:
[tex]ln(1+r)^n=ln (2)\\n*ln(1+r)=0.69[/tex]
From given data ln(1+r)≈[tex]r-\frac{1}{2} r^2[/tex]
Above Equation will become:
[tex]n*r-\frac{1}{2} r^2=0.69[/tex]
where r=0.08, Now:
[tex]n*(0.08-\frac{1}{2}(0.08)^2)=0.69\\n* 0.0768=0.69\\n=8.98[/tex]
Above we calculated n=8.98 ≈ 9 (Proved n=72/i)
reasons as to why we carry out stovk taking
Answer:
The importance of stocktaking is clear. It allows you to regularly monitor and increase gross profit, reduce loss, improve control of allowances, and reduce waste
Explanation:
Answer:
The importance of stocktaking is clear. It allows you to regularly monitor and increase gross profit, reduce loss, improve control of allowances, and reduce waste.
Explanation:
At December 31, 2020, Carter Company had 450,000 shares of common stock issued and outstanding, 350,000 of which had been issued and outstanding throughout the year and 100,000 of which were issued on September 1, 2020. Net income for the year ended December 31, 2020, was $1,160,000. What should be Twin Rivers' 2020 earnings per common share, rounded to the nearest penny
Answer:
$3.03
Explanation:
Calculation to determine What should be Twin Rivers' 2020 earnings per common share,
Using this formula
Earnings per common share=
Net Income for 2020/Weighted Average Shares Outstanding
Let plug in the formula
Earnings per common share=$1,160,000/ [(350,000 x 8/12) + (450,000 × 4/12)]
Earnings per common share=$1,160,000/(233,333+150,000)
Earnings per common share=$1,160,000/383,333
Earnings per common share= $3.03
Therefore What should be Twin Rivers' 2020 earnings per common share is $3.03
When a crisis interferes with normal operations, the establishment may need to _____.
hold a press conference
close temporarily or scale back operations
fire all the employees and start over
hire a public relations firm
An insurance company processes 800 claims per year. The average processing time for a claim is 5 weeks. 45% of all claims received are car insurance claims, 40% of all claims received are motorcycle insurance claims, 10% are boat insurance claims, and the remaining are house insurance claims. Hint: These are throughput values. On average there are, 20 car, 9 motorcycles, 12 boats, and some house claims in process. Hint: These are inventory values. Assume 50 weeks per year.
1. What is the average number of claims that are in process?
A. 128 claims.
B. 64 claims.
C. 90 claims.
D. 80 claims.
E. 160 claims.
2. How many house insurance claims are in process?
A. 77 claims.
B. 21 claims.
C. 72 claims.
D. 39 claims.
E. 45 claims.
3. How long, on average, does it take to process a car insurance claim?
A. 7.5 weeks.
B. 4.5 weeks.
C. 3.75 weeks.
D. 6.67 weeks.
E. 2.78 weeks.
4. How long, on average, does it take to process a house insurance claim?
A. 15.63 weeks.
B. 48.75 weeks.
C. 17.5 weeks.
D. 36 weeks.
E. 11.25 weeks.
Answer:
1. D. 80 claims.
2. D. 39 claims
3. E. 2.78 weeks
4. B. 48.75 weeks
Explanation:
1. Calculation to determine the average number of claims that are in process
Using this formula
Average number of claims in process = Lead time in weeks*units per week
Let plug in the formula
Average number of claims in process = 5*(800/50)
Average number of claims in process= 80 claims
Therefore the average number of claims that are in process is 80 claims
2. Calculation to determine How many house insurance claims are in process
Average number of house insurance claims in process = 80-20-9-12
Average number of house insurance claims in process = 39 claims
Therefore the Average number of house insurance claims in process is 39 claims
3. Calculation to determine How long, on average, does it take to process a car insurance claim
First step is to calculate the Units per week
Units per week = (800/50)*45%
Units per week= 7.2
Now let calculate How long, does it take to process a car insurance claim
Time taken to process a car insurance claim = 20/7.2
Time taken to process a car insurance claim = 2.777777778
Time taken to process a car insurance claim = 2.78 weeks (Approximately)
Therefore How long, on average, it take to process a car insurance claim is 2.78 weeks
4. Calculation to determine How long, on average, does it take to process a house insurance claim
Using this formula
Time taken to process a house insurance claim = Average number of house insurance claims in process/Weekly house insurance claims
Let plug in the formula
Time taken to process a house insurance claim= 39/[(800/50)*5%]
Time taken to process a house insurance claim= 48.75 weeks
Therefore How long, on average, it take to process a house insurance claim is 48.75 weeks
hello everyone i hope everyone it doing great
free point
happy Ramadan kareem
Answer:
Hello There!!
Explanation:
Happy Ramadan
Answer:
thx
Explanation:
how can gdp per capita and poverty rates indicate standards of living in each system?
Answer:
both measures that can be used to measure standards of living because they are both measures of how much money people have.
Explanation:
I hope this helped
Which statements about Section 1231 assets are true? Pick all that apply!!
Question options:
If Section 1231 assets are sold and the taxpayer has a realized loss, the loss is a fully deductible ordinary loss
If Section 1231 assets held long-term are sold for a realized gain, the taxpayer has a long term capital gain that is taxed at favorable capital gains rates
If Section 1231 assets held long-term are sold for a realized gain, the taxpayer has a potential long term capital gain that may be taxed at favorable capital gains rates but this result often does not occur because of recapture provisions.
If Section 1231 assets are sold and the taxpayer has a realized loss, the is limited like a capital loss
Answer:
The answer is below
Explanation:
Given that Section 1231 assets are a term that is used to describe the real or depreciable trading property acquired for more than a year. For example, landed property, buildings, etc.
Hence, in this case, the correct answer or statement to the question are:
1. If Section 1231 assets are sold and the taxpayer has a realized loss, the loss is a fully deductible ordinary loss
2. If Section 1231 assets held long-term are sold for a realized gain, the taxpayer has a potential long term capital gain that may be taxed at favorable capital gains rates but this result often does not occur
Miscellaneous costs associated with the purchase of new equipment? include:
Insurance costs before the equipment is ready for use $3,000
Maintenance costs before the equipment is ready for use 700
Insurance costs after the equipment is placed into service 1,400
Cost of trial run 800
Training costs for employees to learn how to use equipment 400
What is the amount assigned to the new? equipment?
A. $4,200.
B. $4,500.
C. $4,900.
D. $6,300.
Answer:
C. $4,900.
Explanation:
Determining the amount assigned to the new equipment
Details Amount
Insurance costs before the equipment is ready for use $3,000
Add: Maintenance costs before the equipment is ready for use $700
Add: Cost of trial run $800
Add: Training costs for employees to learn how to use equipment $400
Total costs assigned to the new equipment $4,900
So, the correct options is option c.
Kailua and Company is a legal services firm. All sales of legal services are billed to the client (there are no cash sales). Kailua expects that, on average, 20% will be paid in the month of billing, 50% will be paid in the month following billing, and 25% will be paid in the second month following billing. For the next 5 months, the following sales billings are expected: May $84,000 June 100,800 July 77,000 August 86,100 September 88,000
Required:
Prepare a schedule showing the cash expected in payments on accounts receivable in August and in September. If an amount box does not require an entry, leave it blank or enter "0". Be sure to enter percentages as whole numbers.
Kailua and Company Schedule
August September
June:
$ × % $ $
July:
$ × %
$ × %
August:
$ × %
$ × %
September:
$ × %
Total cash receipts $ $
Answer:
Total cash receipts August $80,920
Total cash receipts August September $79,900
Explanation:
Preparation of the schedule showing the cash expected in payments on accounts receivable in August and in September
KAILUA AND COMPANY SCHEDULE
AUGUST SEPTEMBER
June $25,200 $0
($100800 × 25%)
July $38,500 $19,250
($77000 × 50%=$38,500)
($77000 × 25%=$19,250)
August $17,220 $43,050
($ 86,100× 20%=$17,220)
($ 86,100× 50%=$43,050)
September $0 $17,600
($88,000 × 20%=$17,600)
Total cash receipts $80,920 $79,900
($25,200+$38,500+$17,220=$80,920)
($19,250+$43,050+$17,600=$79,900)
Therefore the cash expected in payments on accounts receivable in August and in September are:
Total cash receipts August $80,920
Total cash receipts August September $79,900
Select the correct answer.
How does licensing for food handling work?
O A. There is one national certification program.
B.
There are several national certification programs.
Ос.
There is one regional certification program.
D. There are several regional certification programs.
Answer:
The answer is D
Explanation:
There are several regional certification programs does license for food handling work. Thus, option (d) is correct.
What is food?The term “food” refers to an edible and consumable material that provides the body with nutrition and vitamins to maintain itself. Plants, humans, animals, and birds all typically eat food. fruits, vegetables, legumes, dairy, and other nutrient-dense foods. The body need the food in order to function, thus it was consumed.
Food Safety and Hygiene was the handling the work was the provided in the many regional certification programs. It was the main agenda to provided the information regarding the cleaning procedures and food, safe cooking temperatures, proper hygiene, and the preparation methods.
As a result, the significance of the food is the aforementioned. Therefore, option (d) is correct.
Learn more about on food, here:
https://brainly.com/question/16327379
#SPJ2
Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and corsol. The joint costs for one batch are as follows:
Direct materials $64,500
Direct labor 35,000
Overhead 26,500
At the split-off point, a batch yields 1,000 barlon, 2,200 selene, 2,100 plicene, and 4,000 corsol. All products are sold at the split-off point: barlon sells for $17 per unit, selene sells for $24 per unit, plicene sells for $26 per unit, and corsol sells for $38 per unit.
Required:
Allocate the joint costs using the sales-value-at-split-off method. If required, round allocation rates to four decimal places and round the final allocations to the nearest dollar.
Solution :
Total Joint Cost
Material = $ 64,500
Labor = $ 35,000
Overhead = $ 26,500
Total joint cost = $ 126,000
Products Units SP at Split Sales % Sales Joint cost Allocated Joint Cost
Barlon 1000 17 17,000 7.88% 126,000 10001.99
Selene 2200 24 52800 23.03% 126,000 29249.5
Plicene 2100 26 54600 25.02% 126,000 31771.01
Corsol 4000 38 152000 44.08% 126,000 55977.5
302200 100.00% 126000 127000
I would like you to analyze our current pricing scheme on our Chevy Tahoe in the Southwest region and give me a recommendation on how we can maximize our revenue. I am interested in maximizing our revenue in order to be able to finance the upgrading of our dealership intranet. Our sales department has estimated the following semiannual demand Q = 25,000 - 1.25PTAH + 1.5PSEQ. Notice that we have included the impact that the Toyota Sequoia has on our Tahoe demand as it currently is our principal rival in the geographic region. We are currently charging $42,500 for our base Tahoe and we notice that Toyota is currently charging $50,000 for its base Sequoia. Let me know what price you would recommend to maximize our revenue as I am hoping there is room to bring our price point more in line with the Sequoia.
Question 6 of 10
What is an advertising allowance?
O A. A temporary discount intended to encourage shoppers to buy
immediately
OB. A price reduction that a seller offers buyers if they transfer
ownership of a used item when they make a purchase
C. A price reduction that a producer gives to resellers to encourage
them to promote products
OD. A price reduction that a producer gives retailers in exchange for
making shelf space available
SUBMIT
Answer:
C. A price reduction that a producer gives to resellers to encourage
them to promote products
Explanation:
bcuz that's what advertising allowance is