Answer:
Cost to make $337,600
Cost to make $344,400
The company should make the product
Explanation:
Calculation to determine the total incremental cost of making 84,000 and buying 84,000 units
COST TO MAKE
Relevant per unit Relevant fixed cost Total relevant cost
Variable cost per unit $2.90 - $243,600(84000*$2.90)
Fixed manufacturing costs - $94,000 $94,000
Cost to make $337,600
($243,600+$94,000)
COST TO BUY
Relevant per unit Relevant fixed cost Total relevant cost
purchase per unit $4.10 - $344,400[$4.10*84000]
Cost to make $344,400
Based on the above calculation the cost of buying is higher than the cost of making therefore the company should MAKE the product.
Answer:
Dr Inventory Purchases $250
Cr Trade Payables $250
Explanation:
At the time of the purchase, Inventory purchases which is an asset in nature has been increased and hence must be debited by $250 and similarly the Payable has been increased which is liability in nature and hence must be credited with $250. The entry would be as under:
Dr Inventory Purchases $250
Cr Trade Payables $250
Answer:
contingency
Explanation:
Based on the information provided within the question it seems that Raymond is using contingency variables to more accurately explain his results. These are variables that depend on a certain factor which can affect the results of an experiment either in a positive or negative fashion. Which in this scenario this would be whether or not the purchasing decision maker is male (masculine) or not.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
The correct answer is letter "A": The company is on a tight deadline to complete a major project for an important client.
Explanation:
Coercion is the act by which a party forces to act another against its will because of a threat or an adverse situation. In the case given, as employees are underperforming, executives might find and excuse in an upcoming deadline of a major project for an important client to urge employees to hurry up in their jobs, otherwise the goal will not be met.
Answer:
b. a debit to Paid-In Capital from Sale of Treasury Stock.
Explanation:
Treasury stock is the stock of equity purchased by the company itself, from open market. Basically it has a debit balance. And it is shown as a negative value from common equity in the balance sheet.
Now when there is sale of such treasury stock, this treasury stock will be credited, also in next entry common stock will be credited as it will increase automatically therefore in no circumstances Paid in capital will be debited from sale of treasury Stock.
Final Answer
b. a debit to Paid-In Capital from Sale of Treasury Stock.
