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Stolb23 [73]
3 years ago
7

________ costs are costs that limit the occurrence of defects and imperfections. prevention failure process assessment appraisal

Business
1 answer:
ddd [48]3 years ago
7 0
<span>Process costs are costs that limit the occurrence of defects and imperfections. Process costing is an accounting methodology that traces and accumulates direct costs, and allocates indirect costs of a manufacturing process. ... It is a method of assigning costs to units of production in companies producing large quantities of homogeneous products.</span>
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The final step in recognizing the completion of production requires a company to:
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Answer:

A. debit Finished-Goods Inventory and credit Work-in-Process Inventory.

Explanation:

The work in progress cannot yet be debited because it cannot be sold while the finished goods represent cash.

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Because General Electric is a ____ corporation, Todd Barrow can purchase stock with the help of an account executive through the
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The concept of risk management is based on an assessment of benefits gained compared to the ___:
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You are set to receive an annual payment of $12,100 per year for the next 17 years. Assume the interest rate is 7 percent. How m
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Answer:

The difference in value is worth $8,269 more in money.

Explanation:

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So here, we will use the annuity formula for computing the present value of payments that we are receiving at the end of each year.

Here

Annual Cash flow is $12,100

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And

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Present Value = Cash flow * [1 - 1 / (1+r)^n] / r

By putting values, we have:

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Present Value = $12,100 * 9.763223

Present Value = $118,135

Now

Cash 2. Payments are arising at the start of each year

Just like the case above, we will use the annuity formula for computing the present value of payments that we are receiving at the start of each year. The first payment will be at worth the same because it is received in today's price.

So

Present Value = Cash flow     +       Cash flow * [1 - 1 / (1+r)^n] / r

So by putting values, that were used in case 1, we have:

Present Value = $12,100 + $12,100 * (1 - (1/1.07)^16) / 0.07

Present Value = $12,100 + $12,100 * 9.446649

Present Value = $126,404

Difference in Present Value = PV of Case 1      -    PV of Case 2

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The difference in value is worth $8,269 more in money.

4 0
3 years ago
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