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2 years ago

What is the reason for putting yourself on a budget?

Business

1 answer:

choli [55]2 years ago

7 0

Answer:

Explanation:

Helps you gain control of your finances and helps you achieve goals

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Great Harvest Bakery purchased bread ovens from New Morning Bakery. New Morning Bakery was closing its bakery business and sold

ddd [48]

Answer:

Particulars Amount

Purchase price $700,000

Add: Freight cost $35,000

Add: Electrical connections $5,000

Add: Labor costs $37,800

Add: Bred dough used $900

Add: Safety guards $1,500

Total cost of Equipment $780,200

Note: Repairs cost of $5,000 will not be included

5 0

3 years ago

d. Suppose that the increase in input price does not occur but, instead, that productivity increases by 25% percent. What would

worty [1.4K]

Answer:

decreased by 20%

Explanation:

Supposed we have input price of $30,000 and it produced an output of 300 units on the first year of operation. The cost per unit on the first year is $100 each ($30,000/300).

On the second year we still have the same input expense of $30,000 but the productivity output increased by 25%. So we have 375 units produced on the second year’s operation. The new cost per unit would be $30,000/375=$80 per unit.

Therefore we conclude that based on the example given, the new unit cost per product decreases by 20%.

$100-80 = $20

$20/$100 = 20%

4 0

3 years ago

On April 1, 2021, Austere Corporation issued $330,000 of 11% bonds at 106. Each $1,000 bond was sold with 30 detachable stock wa

blondinia [14]

Answer:

Austere Corporation

The amount of the proceeds from the bond that should be recorded as an increase in liabilities is:

= $320,100.

Explanation:

a) Data and Calculations:

The bonds issued = $330,000 at 106

Number of $1,000 bonds issued = 330 ($330,000/$1,000)

Market value of each warrant = $3

Proceeds from issue of bond = $330,000*106% = $349,800

Fair value of warrant issued = 330*30*$3 = $29,700

The bond issue liability = $349,800 - $29,700 = $320,100

7 0

3 years ago

Swifty Corporation has 46,500 shares of $13 par value common stock outstanding. It declares a 15% stock dividend on December 1 w

Olin [163]

Answer:

Common stock dividend distributable = Par * Number of shares * % dividend

= 13 * 46,500 * 15%

= $90,675

Stock Dividend = Number of shares * market price * % dividend

= 46,500 * 18 * 15%

= $125,550

Date Account Title Debit Credit

Dec, 1 Stock Dividend $125,550

Common Stock Dividend Distributable $90,675

Paid in Capital in excess of Par- $34,875

Common stock

Date Account Title Debit Credit

Dec, 31 Common Stock Dividend Distributable $90,675

Common Stock $90,675

4 0

3 years ago

All of the following are factors that may complicate capital investment analysis except a.sunk costs b.changes in price levels c

alexira [117]

Answer:

a. sunk costs.

Explanation:

Sunk cost is the amount which is already invested or incurred before any project is initiated. This cost is permanently lost and cannot be recovered. The business managers avoid incorporating sunk cost in decision making process.

The correct answer is sunk cost because it doesn't complicate capital investment analysis. These costs are not considered when making business decisions or analysis of capital investments.

5 0

4 years ago

Read 2 more answers