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Ainat [17]
4 years ago
6

Consider the following information.

Business
1 answer:
katen-ka-za [31]4 years ago
5 0

Answer:

$63,120

Explanation:

Beginning inventory layer at base year retail:

= Beginning inventory at retail ÷ Year end cost index

= $ 120,000 ÷ 1.00

= 120,000

Current inventory layer at base year retail:

= Ending inventory at retail ÷ Year end cost index

= $ 168,000 ÷ 1.12

= 150,000

Estimate of ending inventory:

= Base + Current

= (inventory at base year retail × Cost percentage × Year end cost index) + (inventory at base year retail × Cost percentage × Year end cost index)

= ( 120,000 × 40% × 1.00) + (30,000 × 45% × 1.12)

= $48,000 + $15,120

= $63,120

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Joint products A and B emerge from common processing that costs $116,000 and yields 4,000 units of Product A and 2,800 units of
Mandarinka [93]

Answer:

Apportioned joint cost to A=$92,800

Explanation:

<em>Joint costs are the costs incurred up until the split-off where two or more products result from the same production process. These  common costs need to be apportioned among the joint products using any of the following basis:</em>

  1. physical units
  2. Relative sales value basis.

The relative value basis apportions joint costs using the proportion of product individual sales value to the the total sales value.

Total sales value = (280×4,000) + (100×2,800) =1400000

Apportioned joint cost to A =(1,120,000/1,400,000)× 116,000=92800

Apportioned joint cost to A=$92,800

4 0
3 years ago
When Bill's Diner moves from the production combination of 35 burgers and 25 hotdogs to the combination of 25 burgers and 65 hot
Aleonysh [2.5K]

Answer:

<h2>In the context of Consumer Theory or Indifference Curve involving two goods,the opportunity of any one good is computed by how much of the other good is foregone or sacrificed to purchase one more unit of that particular good.</h2>

Explanation:

  • In this instance,when Bill's diner consumes 35 burgers and 25 hotdogs,its opportunity cost of additional hot dog=\frac{35}{25} =\frac{7}{5}=1.4.Therefore,initially Bill diner's opportunity cost of an additional hot dog is 1.4 units of burger.
  • Now,when Bill's diner chooses to consume a combination of 25 burgers and 65 hot dogs,its opportunity cost of additional hot dogs=\frac{25}{65} =\frac{5}{13} =0.385 approximately.Hence,Bill's diner is willing to sacrifice approximately 0.385 units of burger to consume an additional unit of hot dog.
  • Now,due to the change in consumption combination,the change in opportunity cost of additional hot dog=(1.4-0.385)=1.015 units of burger.Notice,that here the opportunity cost of additional hot dog decreased from 1.4 units of burger to 0.385 units of burger as Bill's diner changed the consumption combination of both burgers and hot dogs.
7 0
3 years ago
The payroll register of Seaside Architecture Company indicates $820 of social security and $224 of Medicare tax withheld on tota
Sergio [31]

Answer:

The payroll tax expense is $1754.20

Explanation:

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3 years ago
The city council wants suggestions for crime prevention techniques such as installing unbreakable glass on storefronts to presen
umka2103 [35]

Options: A. Community policing. B. Situation prevention C. Target hardening D. Benefits diffu

Answer: C. Target hardening technique

Explanation: Target hardening technique is a technique adopted in crime prevention to make it very difficult for the targets of criminal activities to be reached or affected. The process of installing an unbreakable glass in the store of Businesses is one of the target hardening technique of crime Control.

Target hardening is of great importance for crime fighters like the police officers and the owners of Businesses as it makes the target less attractive to the criminals.

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3 years ago
An approach to combining risk identification, risk assessment, and risk appetite into a single strategy. is known as risk protec
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If this is for apex it should be D

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