Answer:
<u>Part 1</u> There will be a disadvantage for 30,000 as there are allocated cost into product X
<u>Part 2 </u>TRUE
As performing the order will not renounce to selling in the local market. When the order comiptes with the normal capacity(there is no idlbe capacity to use) it will have as opportunity cost the contribution if sold in the local market.
Explanation:
![\left[\begin{array}{cccc} &$Current&$Discontinued&$Differential\\$Revenues&400,000&&-400,000\\$variables&-320,000&&320,000\\$Contribution&80,000&&-80,000\\$avoidable fixed cost&-50,000&&50,000\\$allocate fixed&-70,000&-70,000&\\$Result&-40,000&-70,000&-30,000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%20%26%24Current%26%24Discontinued%26%24Differential%5C%5C%24Revenues%26400%2C000%26%26-400%2C000%5C%5C%24variables%26-320%2C000%26%26320%2C000%5C%5C%24Contribution%2680%2C000%26%26-80%2C000%5C%5C%24avoidable%20fixed%20cost%26-50%2C000%26%2650%2C000%5C%5C%24allocate%20fixed%26-70%2C000%26-70%2C000%26%5C%5C%24Result%26-40%2C000%26-70%2C000%26-30%2C000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Revenue 10,000 x 40 = 400,000
Variable Cost: 100,000 x 32 = 320,000
Avoidable: 120,000 - 70,000 = 50,000
Answer:
A.$200,000
B.Dr Loss on impairment $30,000
Cr Goodwill $30,000
Explanation:
(a) Computation of the amount of goodwill acquired by Vinson
Purchase price$900,000
Fair value of net assets $700,000
(Fair value of assets $950,000-
Fair value of liabilities $250,000)
Value assigned to goodwill $200,000
($900,000-$700,000)
(b) Preparation of Vinson’s journal entry to record impairment of goodwill.
Based on the information given we were told
the fair value of Carley is the amount of $720,000 while the implied fair value of goodwill is the amount of $170,000 and we were also told that carrying value of Carley’s net assets as well include the goodwill which is the amount of $750,000 which means that their is loss on impairment because the fair value amount is lower than carrying value which means that the journal entry to record impairment of goodwil will be ;
Dr Loss on impairment $30,000
($200,000 − $170,000)
Cr Goodwill $30,000
Answer:$49,350
Explanation:
The total cost of direct labor for the month will be:= 940 units × 3.5 × $15= $49,350
Answer:
Option A is the right answer.
Explanation:
- Matthews can split his refund in saving and checking accounts. Under form 8888 Allocation of refund, he can split his refund in 7 combinations, 3 direct deposits, 3 series saving bond and 1 paper check.
- So long so our financial institution allows direct deposits for that type of account and has accurate account numbers, we will transfer our reimbursement to any of our checking or savings accounts with a US financial institution.
