Answer:
B. Larger growth opportunities based on market size
Explanation:
Took the test and guessed it correctly
Answer:
Account Title Debit Credit
Raw materials inventory $52,000
Cash $52,000
Account Title Debit Credit
Factory Supplies $22,000
Raw materials $22,000
Account Title Debit Credit
Work in Process inventory $20,100
Raw materials $20,100
Answer:
(B) A noncurrent liability of $4,000
Explanation:
The non-current liability in respect of deferred tax shall be recognised in the accounts of Bren Co. as at December 31 as follows:
Deferred income tax liability related to non-current assets= $15,000
Deferred income tax asset related to non-current liability = ($3,000)
Deferred income tax asset related to current liability = ($8,000)
Deferred income tax liability to be recorded at year end = $4,000
So based on the above discussion the answer is (B) A noncurrent liability of $4,000
Market failure occurs when a free market is unable to A) distribute resources efficiently.
Answer:
1.Since there is spare capacity in the consumer division, the acceptable transfer prices are variable cost per unit - market price per unit
i.e. $104-$150
The transfer price should be set in between the two. However, $150 is an appropriate price
2. Income will increase as follows:
Consumer Division = (115-104)*2880 = $31,680
Commercial Division = (150-115)*2880 = $100,800
Company = $132,480
3) check the attached file
4.Income will increase as follows:
Consumer Division = (126-104)*2880 = $63,360
Commercial Division = (150-126)*2880 = $69,120
Company = $132,480
Explanation:
check attached files for explanation well detailed.