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2 years ago

Conversion costs are generally added evenly throughout the process. a) true b) false

Business

1 answer:

kotykmax [81]2 years ago

6 0

The given statement is True.

Conversion costs are usually incurred evenly throughout a process. Both job order and process cost accounting use equivalent units of production to determine costs

<h3><u>Accounting for Direct Materials and Conversion Costs</u></h3>

In both costing methods, direct materials and conversion costs:

Direct materials might well be added in equal amounts at the start of the production process or used up gradually over time. Whereas, conversion costs will be spread out equally during the course of manufacturing.

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A 4.75 percent coupon municipal bond has 20 years left to maturity and has a price quote of 101.30. The bond can be called in ei

Vladimir79 [104]

Answer:

Answer is given below.

Explanation:

Par value of bond = $ 5000

Coupon rate = 4.75% * 6 / 12 = 2.375% Per period

Term = 20Years *2 = 40 Periods

Current price of bond = Par value * 101.30% = $5,000 * 101.30% = $5,065

Callable price = Par value + Call premium = $5,000 + $5,000 * 4.75% = S5,237.5

Callableterm = 8 Years * 2 = 16 Periods

Couponamountperperiod =Parvalue • Couponrate = $5000*2.375% = $118.75

Current yield = Coupon amount /Current price = $118.75/$5,065 = 0.023445212 = 2.345%Per period Rounded)

Currentyield = 2.345%Perperiod *2 = 4.69%Perannum

YTM = [Coupon amount + (Maturity value - Current price ) / Term] / [(Current price + Maturity value ) /2]

= [$118.75+($5,000-$5,065)/40]/[($5,065+S5,000)/2]

= $117.125 / $5032.5

= 0.023273721 = 2.33%Perperiod

YTM = 2.33% * 2 = 4.66% Per annum

Tax rate = 36%

After tax equivalent yield YTM (1 -Tax rate) = 4.66%(1-36%) = 2.9824% Per annum

Yield to call (YTC) = [Couponamount+(Call price - Current price)/Callable Term/ [(Current price+Call price)/2]

= [$118.75 + ($5,237.5 - $5,065)/16 ] / [($5,065 + $5,237.5)/ 2]

= $129.53125/ $5151.25

= 0.025145596 = 2.515%Per period (Rounded)

YTC = 2.515%2 = 5.03%Per annum (Rounded)

4 0

3 years ago

Read 2 more answers

Gabriella, a manager, hires the first person she interviews because she believes that person can do the job adequately. Gabriell

bixtya [17]

Gabriella, a manager, hires the first person she interviews because she believes that person can do the job adequately. He is solving the problem.

<h3>What is problem-solving?</h3>

It is the process of identifying a problem, finding and selecting possible solutions to the problem. An alternative solution can also be used.

The process of identifying the best fit for a job provides the solution to shortage or lack of the best fit staff.

Therefore, Gabriella is solving the problem by hiring the first person she interviews because she believes that person can do the job adequately.

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8 0

3 years ago

The acquisition of caremark rx, inc. , (a pharmacy benefits manager) by cvs corporation (a retail pharmacy) is an example of a__

IRISSAK [1]

The acquisition of caremark rx, inc. , (a pharmacy benefits manager) by cvs corporation (a retail pharmacy) is an example of a <u>backwards vertical acquisition </u>and allows cvs to gain<u> increase market power</u>.

The American healthcare firm CVS Health Corporation (formerly CVS Corporation and CVS Caremark Corporation) is the owner of numerous brands, including Aetna, a health insurance provider, CVS Caremark, a chain of retail pharmacies, and CVS Pharmacy.

The specialized pharmacy section known as CVS Specialty offers specialty pharmacy services to people with hereditary or chronic disorders who need sophisticated and expensive pharmacological treatments.

The largest specialty pharmacy in the United States is CVS Health, which runs 24 retail specialty pharmacy shops and 11 specialized mail order pharmacies.

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3 0

2 years ago

Criminal investigations depend on the observation skills of all involved. those involved include?

Stells [14]

Criminal investigations depend on the observation skills of all involved. those involved include <u>witnesses, police investigators, and forensic scientists.</u>

<u></u>

What is a criminal investigation?

Criminal investigation is an applied science that involves the study of facts that are then used to inform criminal trials.
A complete criminal investigation can include searching, interviews, interrogations, evidence collection and preservation, and various methods of investigation.
Modern-day criminal investigations commonly employ many modern scientific techniques known collectively as forensic science.
Criminal investigation is an ancient science that may have roots as far back as c. 1700 BCE in the writings of the Code of Hammurabi.
In the code, it is suggested that both the accuser and the accused had the right to present evidence they collected.
In the modern era, criminal investigations are most often done by government police forces.
Private investigators are also commonly hired to complete or assist in criminal investigations.

<u></u>

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4 0

2 years ago

Learned Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 5.30 Direct labor $

Sonja [21]

Answer:

$119,200

Explanation:

The Absorption Costing method is recommended by GAAP or IFRS for financial reporting instead of Variable Costing method.

Thus to calculate product costs under absorption costing, we add the total of all manufacturing costs (Variable and Fixed),

Non - Manufacturing costs are treated as Period Costs which are expensed in the Income Statement.

Direct materials ($ 5.30 x 8,000 units) $42,400

Direct labor ($ 3.75 x 8,000 units) $30,000

Variable manufacturing overhead ($ 1.35 x 8,000 units) $10,800

Fixed manufacturing overhead $ 36,000

Total Product Cost $119,200

therefore,

The total amount of product costs incurred to make 8,000 units is $119,200.

5 0

3 years ago