PLZZ HELP IN IN A TEST!! 20 POINTS AND BRAINLIEST FOR FIRST!

Prosperous Production makes two products from a common input. Joint processing costs up to the split-off point total $42,300 a y

Gwar [14]

Answer:

Prosperous Production

The minimum amount the company should accept for Product AE if it is to be sold at the split-off point is:

= $ 32,200.

Explanation:

a) Data and Calculations:

Annual joint processing costs up to split-off = $42,300

Product AE Product CJ Total

Allocated joint processing costs $ 25,600 $ 16,700 $ 42,300

Sales value at split-off point $ 32,200 $ 21,500 $ 53,700

Costs of further processing $ 16,700 $ 17,300 $ 34,000

Sales value after further processing $ 48,500 $ 40,200 $ 88,700

b) If the company accepts any amount that is less than the sales value at the split-off point, it will not make enough profit as offered by the market. A further review shows that the company will lose $400 if it processes Product AE further than the split-off point. At the split-off point, it will make a gain of $6,600. After further processing, it will only record a gain of $6,200.

6 0

3 years ago

You own a bond that has a 6 percent annual coupon and matures 5 years from now. You purchased this 10- year bond at par value wh

lubasha [3.4K]

Answer:

b. The current yield is 6 percent.

Explanation:

Using a financial calculator, input the following to find the price of this bond today;

N= 5

FV = 1,000

I = 5.8%

Coupon payment; PMT = 6%*1000 = 60

then compute price; CPT PV = 1008.47

Current yield = Coupon PMT / Current price

Current yield = 60/1008.47 = 0.059 or 6% rounded to the nearest whole number. This makes choice B correct.

7 0

4 years ago

Haskins and Jones, Attorneys-at-Law, maintains its books on a cash basis. During 2021, the law firm collected $610,000 for servi

andrey2020 [161]

Answer:

Answer for the question:

Haskins and Jones, Attorneys-at-Law, maintains its books on a cash basis. During 2021, the law firm collected $610,000 for services rendered to its clients and paid out $425,000 in expenses. You are able to determine the following information about accounts receivable, prepaid expenses, deferred service revenue, and accrued liabilities: January 1, 2021 December 31, 2021 Accounts receivable $ 75,000 $ 67,000 Prepaid insurance 5,800 7,100 Prepaid rent 10,500 9,600 Deferred service revenue 10,500 12,200 Accrued liabilities (for various expenses) 13,500 17,700 In addition, 2021 depreciation expense on office equipment is $28,500. Required: Determine accrual basis net income for 2021.

is given in the attachment.

Explanation:

4 0

4 years ago

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Companies that now purchase this service from HP are experiencing the costs processing of data management.a) trueb) false

mina [271]

The given statement, "Companies that now purchase this service from HP are experiencing the costs processing of data management" is true.

<u>Explanation: </u>

HP Services could provide a data center management system that allows the outsourcing of your services as many of these or as much as possible.

HP Services intends more than one million feet of cloud space, with even more than 45,000 servers, 1.5 million web ports, and 4,000 MIPS microprocessor space.

Their Services meet the wide variety of operational requirements, from "blocks and mortars." Via facilities management, cash management, brand management and project management, we provide a safe, secure, stable, reinforced data center environment.

8 0

3 years ago

Freee coins dooood leaver a like dood for more coins and uodates

Verizon [17]

Explanation:

monke flip

7 0

3 years ago

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