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kobusy [5.1K]
3 years ago
13

Yasmin Co. can further process Product B to produce Product C. Product B is currently selling for $30 per pound and costs $28 pe

r pound to produce. Product C would sell for $55 per pound and would require an additional cost of $31 per pound to produce. What is the differential cost of producing Product C?
A. $30 per pound
B. $55 per pound
C. $28 per pound
D. $31 per pound
Business
1 answer:
Mice21 [21]3 years ago
8 0

Answer:

31 per pound

Explanation:

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Guadalupe, Inc. provided $5,000 of services in Year 1 but did not collect cash from its customers until Year 2. Select the corre
Gala2k [10]

Answer:

C. The company will recognize $5000 of revenue in year 1 and $5000 of cash flow from operation in year 2

Explanation:

As, the company is using accrual based accounting, that means that if the services are rendered the company needs to record the revenue regardless of the company is getting cash or not. So, in year 1 the company provided $5000 of services. The company will record $5000 of revenue in its income statement in year 1. But the thing is, company is not getting cash in year 1. Guadalupe is getting cash in year 2. company record the inflow and outflow of cash in cash flow statement when there is actually the cash transaction involved.

Cash inflow in year 2. so, $5000 of cash flow from operation in year 2.

4 0
4 years ago
The summary section of a business report appears at the bottom of the report.
IceJOKER [234]

Answer:

true

Explanation:

8 0
3 years ago
Read 2 more answers
Marigold Incorporated sold $295,000 of accounts receivable to Gannon Factors Inc. on a with recourse basis. Gannon assesses a 2%
babymother [125]

Answer:

Dr Cash $257,900

Dr Due from Gannon Factors $17,700

Dr Loss on Sale of Receivables $19,400

Cr Accounts Receivable $295,000

Cr Recourse Liability $13,500

Dr Accounts Receivables $295,000

Cr Due to Customer $17,700

Cr Interest Revenue $5,900

Cr Cash $257,900

Explanation:

Journal entries

Dr Cash $257,900

Dr Due from Gannon Factors $17,700

Dr Loss on Sale of Receivables $19,400

Cr Accounts Receivable $295,000

Cr Recourse Liability $13,500

Dr Accounts Receivables $295,000

Cr Due to Customer $17,700

Cr Interest Revenue $5,900

Cr Cash $257,900

*6% X $295,000 =$17,700

*2% X $295,000 =$5,900 +$13,500=$19,400

7 0
3 years ago
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How do you distribute your money when using the 50-20-30 rule?
Vilka [71]

Answer:

50 percent: your needs

20 percent: your savings and debt

30 percent: your wants

Explanation:

Budgeting your money using the "50/20/30" rule:

50 percent: Your needs. 50 percent of your paycheck should be set aside for the essentials, the core things you need to live. These include utilities, groceries, and rent, prescription medications, gas for your car, or the minimum payment on your credit card.

20 percent: Your savings and debt. The next 20 percent of your paycheck is for your savings and debt repayments. In other words, paying off the past and investing in the future

30 percent: Your wants. The remaining 30 percent should be spent on things that you want but could live without. This 30 percent allows for flexible spending and, perhaps, a happier life.

This could include money for vacations, shopping sprees, or a car you really covet. But remember, these "wants" include all things that aren't needed to stay afloat, so be sure to prioritize.

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3 years ago
Which central tendency is most suitable for measuring average rate growth ​
ValentinkaMS [17]

Answer:

hey mate your answer is here

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