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Mariana [72]
3 years ago
9

TechPro offers instructional courses in e-commerce website design. The company holds classes in a building that it owns.

Business
1 answer:
myrzilka [38]3 years ago
4 0

Answer:

1. fixed and indirect

2. variable and direct

3. variable and direct

4. fixed and indirect

5. fixed and indirect

6. variable and direct

Explanation:

<u>Fixed and variable costs</u>

A fixed cost is expected to be constant for a short term period whilst a variable cost is expected to vary in direct proportion to the number of units produced in this case it is the individual classes.

Depreciation expense on classroom building and on computers is a fixed cost that is expected to remain constant and the instructor wage varies with the number of classes thus a variable cost.

<u>Direct and Indirect costs</u>

A direct cost can be directly traced to the cost object by observation whist the indirect cost can not be directly traced on a cost object.

The instructors wage is a direct cost, his effort is seen with the success of the classes whist the depreciation expenses are indirect costs.

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On january 1, 2015, providence, inc., issues $1,000,000 of 10 percent, 5-year bonds at par value. complete the necessary journal
Shkiper50 [21]

On January 1, 2015, the date of issuance, the entry is:

2015

Jan 1

Cash                                         1,000,000  

                  Bonds Payable                                    1,000,000

On each January 1 for 5 years, beginning 2015 January 1 (ending 2020 January 1), the entry would be (Remember, calculate interest as Principal x Interest x Time):

Jan 1

Bond Interest Expense ($1,000,000 x 10% x 1)  100,000  

                  Cash                                                                               100,000

On January 1 (5 years later), the maturity date, the entry would include the last interest payment and the amount of the bond:

Jan 1

Bond Interest Expense ($1,000,000 x 10% x 1)  100,000    

Bonds Payable                                                  1,000,000  

                  Cash                                                                               1,100,000


5 0
3 years ago
Walton Company, which produces and sells a small digital clock, bases its pricing strategy on a 25 percent markup on total cost.
castortr0y [4]

Explanation:

The computation of the contribution margin per unit is shown below:

Burt for that first we have to determine the variable expense per unit which is shown below:

Variable costs per unit = $330,000 ÷ 15,000 units

= $22

Now the contribution margin per unit is

= Selling price per unit - variable expense per unit

= $25 - $22

= $3

Therefore, the special order is accepted

And, the preparation of the contribution margin income statement is shown below:

Sales (4,000 clocks  × $25)                       $100,000

Less: Variable cost (4,000 clocks × $22) ($88,000)  

Contribution margin                                   $12,000

4 0
4 years ago
Culver Corporation earned $262,000 during a period when it had an average of 100,000 shares of common stock outstanding. The com
Westkost [7]

Answer:

a) The warrant are Dilutive

b) Basic EPS $2.62

c) Diluteed EPS = $2.31

Explanation:

a) The warrants are dilute because the cost of exercising the rights is lover than the market price

b) Basic Eps = Total Earning/Share Outstanding = $262,000/100,000 = $2.62

c) Diluted Eps = Earnings/(Shares outstanding+potential shares)

= $262,000/(100,000+13,500) = $2.31    

5 0
4 years ago
In your own words, describe why is it important to determine what to study before you begin your review sessions? Using examples
garri49 [273]

Review sessions are important as they are there to clear out the doubts over a semester.

Explanation:

IT is important to determine what to study before review sessions so as to remove blind spots from the assessment of the whole course which would then lead to a lack of coverage in the overall coverage of the curriculum which can be disastrous later on.

The student must know what they want out of the review session for it to be successful and fruitful for them in the first place and this importance cannot be overstated by the fact that it is the last chance to remove the said blind spots from the curriculum.

7 0
3 years ago
Read 2 more answers
Alton Company produces metal belts. During the current month, the company incurred the following product costs: Raw materials $1
Dimas [21]

Answer:

Total indirect product costs                        $30,750

Explanation:

The indirect product costs refer to all the costs that are associated with the manufacturing overheads and can be calculated as follows:

Electricity used in the Factory                   $25,000

Factory foreperson salary                          $3,750

Maintenance of factory machinery            $2,000

Total indirect product costs                        $30,750

7 0
3 years ago
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