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3 years ago

Standard costs have which of the following characteristics? (Check all that apply.)

Business

1 answer:

Minchanka [31]3 years ago

7 0

Answer:

The following Apply :

A. Based on past experience and data Developed by the SCAB (Standard Cost Accounting Board

B. Used in preparing flexible budgets Useful for manufacturing companies, but not service companies

Explanation:

Standard Cost set levels of Costs and Revenues that ought to be achievable when reasonable levels of performance are attained together with working practices to manufacture a product.

Data is obtained from past experience and used to prepared flexible budgets for control purposes.

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When a calendar is made public, then anybody with the calendar's URL can: A. Modify the calendar. B. Delete the calendar. C. Cha

Mamont248 [21]

Answer:

edit

Explanation:

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3 years ago

Rob Lowe would like to invest $100,000 in Franklin Inc., which is offering common stock, preferred stock, and bonds on the open

jeka57 [31]

Answer:

1. Franklin Inc. is not under any legal obligation to pay divided to common stock holders. A company can only pay dividend when it makes profit. A company may not pay dividend even when it makes profit because payment of dividend at the discretion of board of directors. Dividends on common stocks are not fixed.

Payment of dividend to preferred stock holders is fixed because preferred stocks are fixed income securities. Dividend in this case does not depend on the financial fortune of a company. In case of cummulative preferred stocks, arrears of dividend in a given year can be carried forward to another year.

Franklin Inc is under a legal obligation to pay interest to debenture holders because the company is under bond to pay principal and interest as and when due. Bonds are also fixed income securities in which interest is fixed regardless of whether the company makes profit or not.

2. Rob Lowe is advised to invest in bonds because he is guaranteed of his principal and interest as and when due since the interest on bond and principal do not depend on the financial fortune of the company.

Explanation:

In the first case, explanations were made on the obligation of the company to pay dividend or interest.

In the second case, explanations were provided on the appropriate investment to undertake.

8 0

3 years ago

"I don't understand why you're afraid to commit to this new ad program," said Barry, sales representative of a popular radio sta

Ahat [919]

In this scenario, Barry would be classified as a(n) A. aggressive salesperson.

Explanation:

Barry works for a popular radio station as a sales representative. From his conversation in the above scenario it is clear that Barry is an aggressive salesperson.

One day Barry was discussing with the marketing manager of a larger retail store regarding their new ad program. Barry was clear that the ad will be broadcasted around the clock all over the town if they agree with their radio station. He told that the ad will be aired day after tomorrow if the manager is ready to sign today.

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4 years ago

Reinegar Corporation is planning two new issues of 25-year bonds. Bond Par will be sold at its $1,000 par value, and it will hav

mote1985 [20]

Answer:

4500 bonds

Explanation:

In the given information:

Bond Life - 25 years

Sale value of bond - $1,000

Rate:

- Semi – annual bond – 10%

- second semi – annual bond – 6%

Original Issue Discount (OID) value of bond - $1,000

Bond value of OID – 25 years

First, we have to calculate total yield and its effectiveness for both type of bond:

rate = 10%

The yield of bond = $1000 ×25 ×2× 10%

= $5000

Since the bond is sold, so it would be added while calculating total yield

So total yield = $5,000 + $1,000

= $6,000

Yield effectiveness = Total Yield / Bond price

= 6000 /1000

= 6

So, the yield effectiveness for bond par is 6 for this type of bond.

Rate = 6%

The yield of bond = $1000 ×25 ×2× 6%

= $3,000

Since the bond is sold,

So total yield = $3,000 + $1,000

= $4,000

Yield effectiveness = Total Yield / Bond price

= 4,000 / 6

= 666.67

So, the yield effectiveness for OID bond par is $666.67.

Now, after calculating the yield effectiveness of OID bond we can calculate the number of bonds for raising by the following formula

= amount issued / yield effectiveness of OID bond

= $3,000,000./ $666.67

= 4500 bonds

Thus, 4500 bonds is to raise for issuing $3,000,000.

3 0

3 years ago

Consumers are willing to purchase a product up to the point where the marginal benefit of consuming a product is equal to its pr

Galina-37 [17]

Consumers are willing to purchase a product up to the point where the marginal benefit of consuming a product is equal to its price.
The term marginal benefit denotes the benefit to a consumer receives from consuming one more unit of a good or service.
On the other hand, marginal cost is the additional cost to a firm of producing one more unit of a good or service.

4 0

4 years ago