The Skysong Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. In order to do so, Skysong has decided to locate a new factory in the Panama City area. Skysong will either buy or lease a site depending upon which is more advantageous. The site location committee has narrowed down the available sites to the following three very similar buildings that will meet their needs. Building A: Purchase for a cash price of $620,000, useful life 27 years. Building B: Lease for 27 years with annual lease payments of $71,170 being made at the beginning of the year. Building C: Purchase for $657,500 cash. This building is larger than needed; however, the excess space can be sublet for 27 years at a net annual rental of $6,200. Rental payments will be received at the end of each year. The Skysong Inc. has no aversion to being a landlord. Click here to view factor tables In which building would you recommend that The Skysong Inc. locate, assuming a 11% cost of funds

Answers

Answer 1

Answer:

Building C

Explanation:

Building A: Purchase for a cash price of $620,000, useful life 27 years.

Building B: Lease for 27 years with annual lease payments of $71,170 being made at the beginning of the year.

Building C: Purchase for $657,500 cash. This building is larger than needed; however, the excess space can be sublet for 27 years at a net annual rental of $6,200. Rental payments will be received at the end of each year.

11% cost of funds

we must determine the present value of each option:

Building A's present value = $620,000Building B's present value = $71,170 x 9.48806 (PV annuity due factor, 11%, 27 periods) = $375,265.23Building C's present value = $657,500 - [$6,200 x 8.5478 (PV ordinary annuity factor, 11%, 27 periods) = $657,500 - $52,996.36 = $604,503.64 (LOWEST PV)

Related Questions

Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional
questions
Online Content Site 1
When doing career research online, you always want to make sure you are viewing a reliable source, what factors about the
website do you want to consider?

Answers

-Expertise of the site: Check if the websites specialize in information related to careers to make sure they have knowledge about the topic.

-Well-known organization: Validate if the organization that manages the website is well established and is considered reliable.

-Date and author: Look for the date to make sure the information is up to date and avoid information with anonymous authors.

-Site's look: Consider if the website has a professional appearance as that can show that it could be reliable. However, other factors have to be taken into account.

Answer:Expertise of the site: Check if the websites specialize in information related to careers to make sure they have knowledge about the topic.

-Well-known organization: Validate if the organization that manages the website is well established and is considered reliable.

-Date and author: Look for the date to make sure the information is up to date and avoid information with anonymous authors.

-Site's look: Consider if the website has a professional appearance as that can show that it could be reliable. However, other factors have to be taken into account.

you think the way you talk is important to listener?​

Answers

Yes because if you talk in monotone then the lister will probably zone out and not listen. If you talk with more enthusiasm then the lister will probably actually listen to you.

On January 1, 2021, Calloway Company leased a machine to Zone Corporation. The lease qualifies as a sales-type lease. Calloway paid $280,000 for the machine and is leasing it to Zone for $40,000 per year, an amount that will return 11% to Calloway. The present value of the lease payments is $280,000. The lease payments are due each January 1, beginning in 2021. What is the appropriate interest entry on December 31, 2021? Multiple Choice Cash 26,400 Interest receivable 26,400 Cash 30,800 Interest revenue 30,800 Interest receivable 26,400 Interest revenue 26,400 Interest receivable 30,800 Interest revenue 30,800

Answers

Answer:

DR Interest receivable                                  26,400

CR Interest revenue                                                       26,400

Explanation:

As first lease has already been paid, the amount left of the lease is;

= 280,000 - 40,000

=$240,000

Interest is 11% so the interest to be received in December is;

= 11% * 240,000

= $‭26,400‬

This will be debited to Interest receivable as it is money owed and credited to Interest revenue as it is money earned.

What knowledge or skill is most important for a front desk clerk? A. ability to handle a telephone exchange B. accounting skills C. communication skills D. knowledge of food production E. observation skills

Answers

Answer:

C. communication skills

Explanation:

A front desk clerk's primary duty is to welcome and offer guidance or assistance to guests. To make the guest happy, the clerk should have the following communication skills.

Speak articulately so listeners can understand.Understand spoken and written information.Write well so others can understandGood listenerRead and understand work-related materials.

4. Consider the following accounts of the Second National Bank. Assets $mn Liabilities $mn ---------------------------------------------------------------------------------------------------------------- Rate-sensitive assets 50 Rate-sensitive Deposits 30 (Duration 5 years) (Duration 3 years) Fixed Rate Assets 100 Fixed rate Deposits 90 (Duration 5 years) (Duration 3 years) Share Capital 30 ---------------------------------------------------------------------------------------------------------------- a. If the interest rate rises by 5%, what is the impact on the Bank

Answers

Answer:

Follows are the solution to this question:

Explanation:

Sensitive rate of assets RA = $50 mn

liabilities or deposits sensitive rate RL = $30 mn

Formula for difference:

[tex]\bold{GAP=RA - RL}[/tex]

         [tex]= \$ \ 50 - \$ \ 30 \\\\ = \$ \ 20 \ mn[/tex]

It helps Difference analysis to detect changes throughout the revenue or net earnings of a banks interest rate due to change  

The net interest rate of change = GAP [tex]\times[/tex] interest rate of change

As the rate rises, its interest rate changes = +5%  

[tex]\text{Net interest rate change} = \$ 20 \ mn \times 5 \%[/tex]

                                      [tex]= \$ 20 \ mn \times \frac{5}{100}\\\\= \frac{5}{5}\\\\= \$ 1 \ millon[/tex]

Due to the 5 percent change in interest rates, GAP research shows that bank net interest revenue rises by $1 millon.

Mira Mesa Appliances makes and sells kitchen equipment for offices and hotel rooms. Mira Mesa management believes that a new model of refrigerator made out of a synthetic material would sell well at a price of $260 per unit. Labor costs are estimated at $32 per unit and overhead costs would be $24 per unit. The major uncertainty is the price of the synthetic material. Mira Mesa is in negotiations with several suppliers for the material. Because of the risk associated with the new product, Mira Mesa will only proceed if the estimated return is at least 30 percent of the selling price.

Required:
What is the most Mira Mesa can pay for the synthetic material per unit (refrigerator) and meet its profitability goal?

Answers

Answer:

$126

Explanation:

We can calculate the amount Mira can pay for the synthetic material per unit (refrigerator) and meet its profitability goal by deducting the estimated profit and then all the cost from the selling price per unit.

Selling price per unit                                        $260

Less

estimated return (260x30%) =                    ($78)

Labor costs                                                    ($32)

Overhead costs                                            ($24)

Material                                                              $126      

Amount Mira can pay for Synthetic material per unit is $126

               


Eduardo obtained credit to buy a car. He has failed to make any payments over the past
few months. What is MOST likely to happen?

A. He will make one giant payment to cover the past months without penalty,
B.The lender will take possession of his car.
C. The amount of debt owed will decrease the longer he waits to make a payment.
D.Nothing-people are allowed to miss several payments without consequences.

Answers

The lender will most likely take possession of his car when Eduardo failed to make any payments over the past few months on the car credit.

What is a car credit?

A car credit is an arrangement of installment payment on a car with an agreement to pay certain amount at regular interval.

Hence, the lender will most likely take possession of his car when Eduardo failed to make any payments over the past few months on the car credit.

Therefore, the Option B is correct.

Read more about car credit

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Which of the following is an example of architecture technology?

A: GPS devices
B: Blueprints
C: Prototypes

Answers

Answer:

prototypes

Its a screen that can design tools.

I need a congratulations to a department at work for there good work. it's also there 1 yr anniversary at a different sight
need verbiage indicating how proud we are. ​

Answers

Answer:

Happy 1 year anniversary! Relocating can be hard, but you guys made it look effortless. Can you believe that it’s already been a year? This year is abnormal, but you guys came through like always. We are so proud of you guys. We never could have wished for a more hard working team than you guys. Keep up the grind, and you guys will do even better!

Explanation:

I need the answer points but i already wrote something in the comments

SecuriCorp operates a fleet of armored cars that make scheduled pickups and deliveries in the Los Angeles area. The company is implementing an activity-based costing system that has four activity cost pools: Travel, Pickup and Delivery, Customer Service, and Other. The activity measures are miles for the Travel cost pool, number of pickups and deliveries for the Pickup and Delivery cost pool, and number of customers for the Customer Service cost pool. The Other cost pool has no activity measure because it is an organization-sustaining activity. The following costs will be assigned using the activity-based costing system:

Driver and guard wages $960,000
Vehicle operating expense 390,000
Vehicle depreciation 270,000
Customer representative salaries and expenses 300,000
Office expenses 160,000
Administrative expenses 460,000
Total cost $2,540,000

The distribution of resource consumption across the activity cost pools is as follows:

Travel Pickup and Delivery Customer Service Other Totals

50% 35% 10% 5% 100%
70% 5% 0% 25% 100%
60% 15% 0% 25% 100%
0% 0% 90% 10% 100%
0% 20% 30% 50% 100%
0% 5% 60% 35% 100%

Required:
Complete the first stage allocations of costs to activity cost pools.

Answers

Answer:

attached below is the table showing the first stage of allocations of cost to activity

Explanation:

The first stage of allocations of cost to activity cost pools

is calculated by :

( percentage cost of distribution ) * ( cost assigned )

1)  Driver and Guards wages  

Travel = 960000 * 50% =  $480000

pickup and delivery = 960000 * 35% = $336000

customer service = 960000 * 10% = $96000

other = 960000 * 5% = $48000

Total = $960000

2) Vehicle operating expense

Travel = 390000 * 70% = 273000

pickup and delivery = 390000 * 5% = 19500

customer service = 390000 * 0% = 0

other = 390000 * 25% = 97500

Total = $390000

3) vehicle depreciation

Travel = 270000 * 60% = 162000

Pickup and delivery = 270000 * 15% = 40500

customer service = 270000 * 0% = 0

other = 270000 * 25% = 67500

Total = $270000

4) customer rep salaries and expenses

Travel = 300000 * 0 % = 0

pickup and delivery = 300000 * 0% =  0

customer service = 300000 * 90% = 270000

other = 300000 * 10% = 30000

Total = $300000

5) office expenses

travel = 160000 * 0% = 0

pickup and delivery = 160000 * 20% =  32000

customer service = 160000 * 30% = 48000

other = 160000 * 50% = $80000

Total = $160000

6) Administrative expenses

Travel = 460000 * 0% = 0

pickup and delivery = 460000 * 5% = 23000

customer service = 460000 * 60% = 276000

other = 460000 * 35% = 161000

total = $460000

Concord Company purchases equipment on January 1, Year 1, at a cost of $498,000. The asset is expected to have a service life of 12 years and a salvage value of $44,820.

Required:
a. Compute the amount of depreciation for each of Years 1 through 3 using the straight-line depreciation method.
b. Compute the amount of depreciation for each of Years 1 through 3 using the sum-of-the-years'-digits method.

Answers

Answer:

depreciable value = $498,000 - $44,820 = $453,180

a. depreciation expense per year = $453,180 / 12 years = $37,765

depreciation expense year 1 = $37,765

depreciation expense year 2 = $37,765

depreciation expense year 3 = $37,765

b. total digits = 12+11+10+9+8+7+6+5+4+3+2+1 = 78

depreciation expense year 1 = 12/78 x $453,180 = $69,720

depreciation expense year 2 = 11/78 x $453,180 = $63,910

depreciation expense year 3 = 10/78 x $453,180 = $58,100

a. She estimates that the per year cost to attend a local university in Texas including room and board is $26,346. She also assumes the costs of attendance will rise by 2.8% per year. How much is a 4-year degree going to cost Scarlett

Answers

The 4-year degree will cost Scarlett a total of $109,893.33.

How is the total cost determined?

The total cost of Scarlett's university education can be determined using the future value formula or an online finance calculator as follows:

Data and Calculations:

Cost of university education = $26,346

Annual increase in cost = 2.8%

Duration of study = 4 years

From an online finance calculator:

N (# of periods) = 4 years

I/Y (Increment per year) = 2.8%

PV (Present Value) = $0

Annual PMT (Periodic Payment) =$26,346

Results:

FV = $109,893.33

Sum of all periodic payments + $105,384.00

Total increment = $4,509.33

Thus, the 4-year degree will cost Scarlett a total of $109,893.33.

Learn more about determining future value or cost at https://brainly.com/question/25805668

Jacques, who is age 45, has just resigned from his current job. He worked for Ace, which sponsors a cash balance plan and a standard 401(k) plan. Each of the plans uses the longest permitted vesting schedule and both plans are top heavy. He has a balance of $40,000 in the cash balance plan, has deferred $20,000 into the 401(k) plan and has employer matching contributions of $10,000. If he has been employed for three years, but only participating in the plans for the last two years, how much does he keep if he leaves today? a. $60,000 b. $20,000. c. $64,000 d. $30,000.

Answers

Answer: c. $64,000

Explanation:

Cash balance plans can be claimed if the employee has worked for the employer at least 3 years which means he gets to keep the $40,000.

He will also keep the deferred balance of $20,000.

For working 3 years he also gets to keep 40% of the employer's contribution.

= 40,000 + 20,000 + (10,000 * 40%)

= $64,000

Bonita is a licensed dentist. During the first month of the operation of her business, the following events and transactions occurred.

April 1 Invested $18,000 cash in her business.
1 Hired a secretary-receptionist at a salary of $500 per week payable monthly.
2 Paid office rent for the month $1,100.
3 Purchased dental supplies on account from Dazzle Company $4,200.
10 Performed dental services and billed insurance companies $4,700.
11 Received $1,400 cash advance from Leah Mataruka for an implant.
20 Received $2,100 cash for services performed from Michael Santos.
30 Paid secretary-receptionist for the month $2,000.
30 Paid $2,720 to Dazzle for accounts payable due.
(a)
Partially correct answer icon
Your answer is partially correct.
Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date
Account Titles and Explanation
Debit
Credit
choose a transaction date
enter an account title to record the owner’s investment of cash in business
Owner's investment of cash in business
enter a debit amount
$18,000
enter a credit amount
enter an account title to record the owner’s investment of cash in business
enter a debit amount
enter a credit amount
(Owner’s investment of cash in business)
choose a transaction date
enter an account title to record a recruitment of secretary-receptionist
enter a debit amount
enter a credit amount
enter an account title to record a recruitment of secretary-receptionist
enter a debit amount
enter a credit amount
(Hired a secretary-receptionist)
choose a transaction date
enter an account title to record the payment of monthly office rent
enter a debit amount
enter a credit amount
enter an account title to record the payment of monthly office rent
enter a debit amount
enter a credit amount
(Paid monthly office rent)
choose a transaction date
enter an account title to record the purchase of supplies on account from Dazzle Company
enter a debit amount
enter a credit amount
enter an account title to record the purchase of supplies on account from Dazzle Company
enter a debit amount
enter a credit amount
(Purchased supplies on account from Dazzle Company)
choose a transaction date
enter an account title to record billing the clients for services performed
enter a debit amount
enter a credit amount
enter an account title to record billing the clients for services performed
enter a debit amount
enter a credit amount
(Billed clients for services performed)
choose a transaction date
enter an account title to record the receipt of the cash for future service
enter a debit amount
enter a credit amount
enter an account title to record the receipt of the cash for future service
enter a debit amount
enter a credit amount
(Received cash for future service)
choose a transaction date
enter an account title to record the receipt of the cash for services performed
enter a debit amount
enter a credit amount
enter an account title to record the receipt of the cash for services performed
enter a debit amount
enter a credit amount
(Received cash for services performed)
choose a transaction date
enter an account title to record the payment of monthly salary
enter a debit amount
enter a credit amount
enter an account title to record the payment of monthly salary
enter a debit amount
enter a credit amount
(Paid monthly salary)
choose a transaction date
enter an account title to record the payment to Dazzle Company on account
enter a debit amount
$2,720
enter a credit amount
enter an account title to record the payment to Dazzle Company on account
enter a debit amount
enter a credit amount
(Paid Dazzle Company on account)

Answers

Answer:

Is this a ligit question even???

iRobot designs andmanufactures robots for consumer, commercial, and military use. For the fiscal year ended January 2, 2016, the company reported the following on its balance sheet and income statement(amounts in thousands):

Accounts receivable, net of allowance of $33 at January 2, 2016, and $67 at December 27,2014, of $104,679 and $71,056, respectively.
Revenue for fiscal 2015 (i.e., the year ended January 2, 2016) of $616,778.
Bad debt expense for fiscal 2015 of $0.

Required:
Compute the amount of cash collected from customers during fiscal 2015.

Answers

Answer:

iRobot

The amount of cash collected from customers during fiscal 2015 = $583,155.

Explanation:

a) Data and Calculations:

Allowance at January 2, 2016 = $33

Allowance at December 27, 2014 = $67

Accounts Receivable at January 2, 2016 = $104,679

Accounts Receivable at December 27, 2014 = $71,056

Revenue for 2015, year ended Jan 2, 2016 = $616,778

Bad debt expense for 2015 = $0

Computation of the Cash collected from customers during fiscal 2015:

Accounts Receivable

Dec. 27, 2014  Balance                 $71,056

2015                 Revenue               616,778

Jan. 2, 2016     Balance                (104,679)

2015                 Cash                   $583,155

Crown Co. is expecting to receive 100,000 British pounds in one year. Crown expects the spot rate of the British pound to be $1.49 in a year, so it decides to avoid exchange rate risk by hedging its receivables. The spot rate of the pound is quoted at $1.51. The strike price of put and call options are $1.54 and $1.53, respectively. The premium on both options is $.03. The one-year forward rate exhibits a 2.65 percent premium. Assume there are no transaction costs. What is the best possible hedging strategy and how many U.S. dollars Crown Co. will receive under this strategy?

Answers

Answer:

Sell pound forward

Explanation:

Forward rate = $1.51 *(1+2.65%) = 1.51 * 1.0265 = 1.55

Amount receivable in case of forward hedge = 100,000 * 1.55 = 155,000

Premium payable on put options = 100,000 * 0.3 = 3,000

Amount receivable in put options = 100,000 * 1.54 = 154,000

Net receivables in put options = 154,000 - 3,000 = 151,000

Conclusion: Higher amount is available in case of forward hedge. So, sell pound forward

Kane Manufacturing has a division that produces two models of fireplace grates, x units of model A and y units of model B. To produce each model A grate requires 3 lb of cast iron and 6 min of labor. To produce each model B grate requires 4 lb of cast iron and 3 min of labor. The profit for each model A grate is $4.00, and the profit for each model B grate is $4.00. Also, 1000 lb of cast iron and 20 labor-hours are available for the production of fireplace grates per day. Because of a backlog of orders for model A grates, Kane's manager had decided to produce at least 150 of these grates a day. Operating under this additional constraint, how many grates of each model should Kane produce to maximize profit

Answers

Therefore, to maximize profit under this additional constraint, the Kane Manufacturing Company should produce:

                                   Model A         Model B

Units of products           150               100

What is a constraint in production?

A constraint is a factor that hinders production.

A constraint can stop a company from producing the maximum units of each product model.

Constraints can emanate from the availability and quantity of the throughput, operational expense, and inventory.

Data and Calculations:

                                   Model A         Model B      Total Resources

Cast iron required         3 lb                 4 lb           1,000 lb

Direct labor                   6 min              3 min        20 labor-hours (1,200 min)

Profit per model          $4.00              $4.000

Constraint:

Production of 150 of Model A, which consumes 900 minutes

This leaves 300 minutes for Model B.

300 minutes can produce 100 units of Model B (300/3).

Learn more about decision-making under constraints at https://brainly.com/question/27033825

Carlos is a 25 percent owner of CEBJ Builders, a company that specializes in residential construction. The other 75 percent of CEBJ is owned by his three brothers. During the year, Carlos spends 1,800 hours managing the operations of CEBJ. He also is the 100 percent owner of four rental properties and spends 125 hours a year maintaining the properties, more than any other individual. During the current year, the four properties generate a loss of $18,500. His adjusted gross income before considering the rental loss is $118,000. What amount of the loss can Carlos deduct in the current year? Assume that Carlos’s ownership interest in CEBJ is 4 percent. What amount of the loss can he deduct? Assume that Carlos spends only 600 hours managing CEBJ Builders and 1,200 hours managing a microbrewery he acquired earlier in the year. What amount of the loss can he deduct? Assume that Carlos hires his brother-in-law to help him manage the properties. Carlos spends 125 hours and his brother-in-law spends 225 hours managing the rental properties. What amount of the loss can Carlos deduct?

Answers

Answer:

a) What amount of the loss can Carlos deduct in the current year?

Carlos's passive losses = $18,500 (rental activities are always passive unless you are a real estate professional)

An individual can deduct up to $25,000 per year in passive losses, but that deduction starts to phase out above an AGI of $100,000. For every $2 above $100,000, the deduction phases out by $1.

Total phase out = ($118,000 - $100,000) x 1/2 = $9,000

Carlos can deduct up to $18,500 - $9,000 = $9,500 from his gross income.

b) Assume that Carlos spends only 600 hours managing CEBJ Builders and 1,200 hours managing a microbrewery he acquired earlier in the year. What amount of the loss can he deduct?

Same as above, since both managing CEBJ and the microbrewery are considered material participation (more than 500 hours), while renting represents a passive activity.

c) Assume that Carlos hires his brother-in-law to help him manage the properties. Carlos spends 125 hours and his brother-in-law spends 225 hours managing the rental properties. What amount of the loss can Carlos deduct?

renting properties is always a passive activity, and income or losses are considered passive income or losses

Who is the primary regulator over the
mortgage banking industry?

Answers

The primary regulator over the mortgage banking industry in the United States is the Office of the Comptroller of the Currency (OCC).

What does the Office of the Comptroller of the Currency (OCC) do?

It was established by the U.S. government to oversee all national banks in the United States.

This means that it is the regulatory agency for any type of banking on the national level including mortgage banks.

Find out more on the Office of the Comptroller of the Currency (OCC) at https://brainly.com/question/1075384.

Sunspot Beverages, Ltd., of Fiji uses the FIFO method in its process costing system. It makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then blended in the Blending Department. The blended juices are then bottled and packed for shipping in the Bottling Department. The following information pertains to the operations of the Blending Department for June. Percent Completed Units Materials Conversion Work in process, beginning 20,000 100 % 75 % Started into production 180,000 Completed and transferred out 160,000 Work in process, ending 40,000 100 % 25 % Materials Conversion Work in process, beginning $ 25,200 $ 24,800 Cost added during June $ 334,800 $ 238,700 Required: 1. Compute the Blending Department's equivalent units of production for materials and conversion for June. 2. Compute the Blending Department's cost per equivalent unit for materials and conversion for June. 3. Calculate the Blending Department's cost of ending work in process inventory for materials, conversion, and in total for June. 4. Calculate the Blending Department's cost of units transferred out to the next department for materials, conversion, and in total for June. 5. Prepare a cost reconciliation report for the Blending Department for June.

Answers

Answer:

Explanation:

beginning WIP 20,000

materials 100% completed

conversion 75% completed (25% added in current period 5,000 EU)

started into production 180,000 units

completed and transferred out 160,000 units

units started and transferred out = 180,000 - 20,000 - 40,000 = 120,000 units

ending WIP 40,000 units

materials 100% completed

conversion 25% completed (10,000 EU)

beginning costs:

materials $25,200

conversion $24,800

added during the period:

materials $334,800

conversion $238,700

1. Compute the Blending Department's equivalent units of production for materials and conversion for June.

EUP for materials = 180,000 units

EUP for conversion = 5,000 + 120,000 + 10,000 = 135,000

2. Compute the Blending Department's cost per equivalent unit for materials and conversion for June.

cost per EUP for materials = $334,800 / 180,000 = $1.86

cost per EUP for conversion = $238,700 / 135,000 = $1.768148

3. Calculate the Blending Department's cost of ending work in process inventory for materials, conversion, and in total for June.

materials = 40,000 x $1.86 = $74,400

conversion = 10,000 x $1.768148 = $17,681.50

total = $92,081.50

4. Calculate the Blending Department's cost of units transferred out to the next department for materials, conversion, and in total for June.

materials = (140,000 x $1.86) + $25,200 = $285,600

conversion = (125,000 x $1.7681) + $24,800 = $245,818.50

total = $531,418.50

5. Prepare a cost reconciliation report for the Blending Department for June.

Beginning WIP:

Cost already incurred $50,000

Material cost 0 Conversion Cost = 5,000 x  $1.768148 = $8,840.75

Total $58,840.75

Started and transferred out  

materials 140,000 x $1.86 = $260,400conversion costs 120,000 x  $1.768148 = $212,177.75total $472,577.75

Total cost of units transferred out $531,418.50

Over the years, the Securities and Exchange Commission (SEC) has delegated its statutory authority to establish accounting principles for publicly traded companies in the United States. This delegated authority impacts which organization(s)

Answers

The delegated authority of the Securities and Exchange Commission (SEC) on establishing accounting principles for publicly traded companies in the United States impacts all publicly held companies.

What is the role of the SEC?

The Securities and Exchange Commission (SEC) is a well-recognized U.S. government oversight agency.

It is responsible for regulating the securities markets and protecting investors' investments.

It does this, by:

Maintaining fair, orderly, and efficient marketsEnsuring compliance with financial regulationsEnsuring transparency in financial reportingFacilitating capital formation.

Thus, the delegated authority of the Securities and Exchange Commission (SEC) on establishing accounting principles for publicly traded companies in the United States impacts all publicly held companies.

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Which of the sentences below are correctly constructed? Check all that apply. However, you can make the necessary changes. Professional HR staff members now conduct individual benefits meetings and these meetings have reduced confusion during the annual benefits open-enrollment period. Advances in web interactivity have enabled design firms to more easily provide interactive portfolios; consequently, potential clients are able to view the firm’s work before making contact. When you can identify the company’s overall objectives. Executive positions in many fields require advanced degrees, but this is not always the case.

Answers

Answer:

- Advances in web interactivity have enabled design firms to more easily provide interactive portfolios; consequently, potential clients are able to view the firm’s work before making contact.

- Executive positions in many fields require advanced degrees, but this is not always the case.

Explanation:

The above sentences are correctly constructed as they are syntactically and phonologically appropriate. It employs appropriate punctuation marks like semicolon(;) and commas(,) to separate the introductory clauses and words which help in clarifying the meaning to the readers effectively. The use of conjunctions are also adequate. The other sentence are either incomplete as they convey an unaccomplished thought which requires a principal clause to accomplish it or employs incorrect vocabulary which jumbles up the meaning and confuses the reader.

Why do you think companies have a sustainable competitive advantage?

Answers

Answer:

Sustainable competitive advantage is the key to business success. It is the force that enables a business to have greater focus, more sales, better profit margins, and higher customer and staff retention than competitors.

Explanation:

A great example of a sustainable competitive advantage based on human emotions is Coca-Colabranding. Coca-Cola is successfully positioning its products as happy, meaning that they bring joy, harmony, etc. When you try to serve everyone, you serve no one.

For each scenario, calculate the cross-price elasticity between the two goods and identify how the goods are related. Please use the midpoint method when applicable, and specify answers to one decimal place.

a. A 20% price increase for Product A causes a 10% decrease in its quantity demanded, but no change in the quantity demanded for Product B.
b. Product C increases in price from $3 a pound to $4 a pound. This causes the quantity demanded for Product D to increase from 44 units to 85 units.
c. When the price of Product E decreases 9% , this causes its quantity demanded to increase by 14% and the quantity demanded for Product F to increase 12% .

Answers

Answer:

a. A 20% price increase for Product A causes a 10% decrease in its quantity demanded, but no change in the quantity demanded for Product B.

cross price elasticity of demand = 0 / 0.2 = 0, unrelated products

b. Product C increases in price from $3 a pound to $4 a pound. This causes the quantity demanded for Product D to increase from 44 units to 85 units.

cross price elasticity of demand = 0.93 / 0.33 = 2.82, substitute products

c. When the price of Product E decreases 9% , this causes its quantity demanded to increase by 14% and the quantity demanded for Product F to increase 12% .

cross price elasticity of demand = 0.12 / -0.09 = -1.33, complement goods

Explanation:

cross price elasticity of demand = (Qx₂ - Qx₁) / [(Qx₂ + Qx₁)/2] / (Py₂ - Py₁) / [(Py₂ + Py₁)/2] /

cross price elasticity of demand = % change of Qx / % change of Py

cross price elasticity of demand > 0, substitute goods

cross price elasticity of demand < 0, complement goods

cross price elasticity of demand = 0, unrelated goods

Assume AuctionCo takes control of this used bicycle before the sale and pays $200 to the supplier. Under this assumption, how much revenue would AuctionCo recognize at the time of the sale to the customer?Assume AuctionCo never takes control of this used bicycle before the sale. Instead, the bicycle is shipped directly to the customer by the original bicycle owner, and then AuctionCo pays $200 to the supplier. Under this assumption, how much revenue would AuctionCo recognize at the time of the sale to the customer?Assume AuctionCo promises to pay $200 to the supplier regardless of whether the bicycle is sold, but the bicycle will continue to be shipped directly from the supplier to the customer. Under this assumption, how much revenue would AuctionCo recognize at the time of the sale to the customer?

Answers

Answer:

$300$100$300

Explanation:

1. AuctionCo takes control of this used bicycle before the sale and pays $200 to the supplier.

Revenue will be the $300 that the bicycle was sold for because they took control.

2. AuctionCo never took control.

Revenue will be the amount they earned for being agents;

= Sales price - Cash to supplier

= 300 - 200

= $100

3. Assume AuctionCo promises to pay $200 to the supplier regardless of whether the bicycle is sold...

= $300

Revenue is $300 because Auction assumes control when they promise to pay $200 regardless.

Assigning common fixed costs to segments impacts ______. Multiple choice question. neither segment margin nor total corporate profit segment margin only total corporate profit only both segment margin and total corporate profit

Answers

Both the segment margin and total corporate profit are affected by the assigning of common fixed costs to segments.

What is a Common Fixed cost?

A common fixed cost refers to a fixed cost which supports the firm activities of the different business segments.

Usually, it is very hard to separate the common fixed cost from each segment or unit.

Hence, the segment margin and total corporate profit are affected by the assigning of common fixed costs to segments.

Therefore, the Option D is correct.

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Which of the following is NOT a responsibility of a process owner? a. monitoring how a process performs b. ensuring operators within the process have the resources and training they need to succeed. c. comparing performance between both DMAIC and DMADV methodologies on an on-going basis during the project. d. understanding how the process fits into the overall business strategy

Answers

The answer choice which is not a responsibility of a process owner is c. comparing performance between both DMAIC and DMADV methodologies on an on-going basis during the project.

Who is a Process Owner?

This refers to a person who is responsible for designing an effective process that makes use of technical resources and gives quality outcomes.

Hence, we can see that as a process owner, there are certain responsibilities which he has to do which include monitoring how a process performs, but he is NOT responsible for comparing performance between both DMAIC and DMADV methodologies on an on-going basis during the project.

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In January, Tongo, Inc., a branding consultant, had the following transactions.

a. Received $13,200 cash for consulting services rendered in January.
b. Issued common stock to investors for $8,000 cash.
c. Purchased $11,200 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years.
d. Received $11,800 cash for consulting services to be performed in February.
e. Bought $1,750 of supplies on account.
f. Received utility bill for January for $2,060, due February 15.
g. Consulted for customers in January for fees totaling $19,900, due in February.
h. Received $13,300 cash for consulting services rendered in December.
i. Paid $875 toward supplies purchased in (e).

Account Title Debit Credit
Cash $14,200
Accounts Receivable 17,200
Supplies 1,260
Equipment 4,800
Accounts Payable $6,100
Unearned Revenue 3,250
Note Payable 0
Common Stock 10,000
Retained Earnings 18,110
Service Revenue 0
Utilities Expense 0

Required:
Prepare an unadjusted trial balance for Tongo, Inc. for the month ended January 31.

Answers

Answer:

first I will journalize the transactions:

a. Received $13,200 cash for consulting services rendered in January.

Dr Cash 13,200

   Cr Service revenue 13,200

b. Issued common stock to investors for $8,000 cash.

Dr Cash 8,000

   Cr Common stock 8,000

c. Purchased $11,200 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years.

Dr Equipment 11,200

   Cr Cash 2,800

    Cr Notes payable 8,400

d. Received $11,800 cash for consulting services to be performed in February.

Dr Cash 11,800

    Cr Unearned revenue 11,800

e. Bought $1,750 of supplies on account.

Dr Supplies 1,750

   Cr Accounts payable 1,750

f. Received utility bill for January for $2,060, due February 15.

Dr Utilities expense 2,060

    Cr Accounts payable 2,060

g. Consulted for customers in January for fees totaling $19,900, due in February.

Dr Accounts receivable 19,900

    Cr Service revenue 19,900

h. Received $13,300 cash for consulting services rendered in December.

Dr Cash 13,300

    Cr Accounts receivable 13,300

i. Paid $875 toward supplies purchased in (e).

Dr Accounts payable 875

   Cr Cash 875

Tongo, Inc.

Unadjusted trial balance sheet

For the month ended January 31, 202x

                                                              Debit             Credit

Cash                                                   $56,825                      

Accounts Receivable                        $23,800

Supplies                                                $3,010

Equipment                                          $16,000

Accounts Payable                                                       $9,035

Unearned Revenue                                                   $15,050

Note Payable                                                              $8,400

Common Stock                                                          $18,000

Retained Earnings                                                       $18,110

Service Revenue                                                       $33,100

Utilities Expense                                 $2,060                      

Totals                                                  $101,695        $101,695

A transaction against a consumer's normal buying behavior can be used to do which
of the following?

A) Create promotional campaigns

B) Detect fraudulent credit card transactions

C) Group the customer into a different category

Answers

Answer: Detect fraudulent credit card transactions

Explanation:

Fraudulent credit card transactions can be detected by comparing a transaction to a consumer's usual buying habits. As a result, option B is the proper response.

How is abnormal buying behavior detected?

The difficulty of discovering patterns in data that deviate considerably from expected behavior is addressed by anomaly detection.

The ability to detect such irregularities is critical in areas like credit card and bank transaction fraud, insurance claims, and money laundering.

Suspicious-looking patterns are learned by neural networks, which then use those patterns to detect them further.

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Office Productsâ (MOP) produces three different paper products at its Vaasa lumberâ plant: Supreme,â Deluxe, and Regular. Each product has its own dedicated production line at the plant. It currently uses the followingâ three-part classification for its manufacturingâ costs: directâ materials, direct manufacturingâ labor, and manufacturing overhead costs. Total manufacturing overhead costs of the plant in July are million â( million of which areâ fixed). This total amount is allocated to each product line on the basis of the direct manufacturing labor costs of each line. Summary dataâ (in millions) for July are asâ follows:


Supreme Deluxe Regular
Direct material costs $89 $57 $60
Direct manufacturing labor costs $16 $26 $8
Manufacturing overhead costs $48 $78 $24
Units produced â 125 â 150 â 140

Required:
a. Compute the manufacturing cost per unit for each product produced in July 2017.
b. Suppose that, in August 2017, production was 150 million units of Supreme, 190 million units of Deluxe,and 220 million units of Regular. Why might the July 2017 information on manufacturing cost per unit bemisleading when predicting total manufacturing costs in August 2017?

Answers

Answer:

1. Supreme $1.344 million per unit

Deluxe $1.17 million per unit

Regular $0.76 million per unit

2. VARIABLE COST have not been put in place for consideration

Explanation:

1.Computation for the manufacturing cost per unit for each product produced in July 2017.

Calculation for Supreme

SupremeTotal Fixed Costs = $15

Total Variable Costs =($89 + $16 + $48)

Total Variable Costs = $153

Units Produced = 125 units

Manufacturing Cost Per Unit = ($15 + $153)/(125 units)

Manufacturing Cost Per Unit=$168/125 units

Manufacturing Cost Per Unit = $1.344 million per unit

Calculation for Deluxe

DeluxeTotal Fixed Costs = $15

Total Variable Costs = ($57 + $26 + $78)

Total Variable Costs = $161

Units Produced = 150 units

Manufacturing Cost Per Unit = ($15 + $161)/(150 Units)

Manufacturing Cost Per Unit=$176/150 units

Manufacturing Cost Per Unit= $1.17 million per unit

Calculation for Regular

Regular Total Fixed Costs = $15

Total Variable Costs = ($60 + $8 + $24)

Total Variable Costs= $92

Units Produced = 140 units

Manufacturing Cost Per Unit = ($15 + $92)/(140

Units)

Manufacturing cost per unit=$107/140 units

Manufacturing cost per unit= $0.76 million per unit

2. The reason why we might say that the July 2017 information about manufacturing cost per unit might tend to mislead when total manufacturing costs is been predicted in the month of August 2017 is that VARIABLE COST have not been put in place for consideration .

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