Answer:
d. 234,000 lbs. of A; e. 39,000 lbs. of B
Explanation:
For computing the number of pounds first we have to find out the production units which is shown below:
Production units = Sales units + ending inventory units - beginning inventory units
= 76,000 units + 10,500 units - 8,500 units
= 78,000 units
Now number of material pounds required is
Direct material A B
One unit requires 3 lbs 1 ÷ 2 lbs
Multiply 78000 unit requires 234,000 39,000
We simply multiplied the production units with the required unit of each material i.e A and B so that the accurate number of pounds could arrive
Answer:
It is cheaper to buy the component. At this level of production by $40,750.
Explanation:
Giving the following information:
Production= 43,000 units
Variable costs are $2.95 per unit
Avoidable Fixed costs= $73,000 per year
Unavoidable fixed costs= $77,500 per year.
The company is considering buying this component from a supplier for $3.70 per unit.
We need to calculate the cost of producing and buying and choose the best option.
Production:
Total cost= 43,000*2.95 + 73,000= $199,850
Buy:
Total cost= 43,000*3.7= $159,100
It is cheaper to buy the component. At this level of production by $40,750.
Answer:
2022 2021
EPS $1.12 $0.99
Explanation:
EPS = NET INCOME / no of shares outstanding
= $75801000/68000000 =1.12 (2022)
= $68855000/ 69820000= 0.99 (2021)
Answer: b.balance sheet as an adjustment to stockholders' equity
Explanation:
Available-for-Sale Investments are investments by the company into other companies by means of owning their bonds or stocks. These bonds or stock are made available for selling and as such the company will not hold them to maturity.
For these types of instruments, the company will record the Unrealized Gains (losses) in Other Comprehensive Income. This is a part of the Equity Section of the balance sheet.
At the end of the period, the Unrealized Gains (losses) resulting from the Available for Sale Securities do not go to the income statement but rather are put into the Accumulated Other Comprehensive Income distinction in the Equity section of the balance sheet. You can find it right below the Retained Earnings line.
I think its either to balance available resources and expenses or to plan future income and spending
