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3 years ago

1. Inventory records for Dunbar Incorporated revealed the following:

Business

1 answer:

Lera25 [3.4K]3 years ago

8 0

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Apr. 1: Beginning inventory= 500 units at $2.40

Apr .20: Purchase= 400units at $2.50

Dunbar sold 700 units of inventory during the month. Cost of goods sold assuming FIFO (first-in, first-out)

COGS= 500*2.4 + 200*2.5= $1,700

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2. The owner and bank have agreed to convert the construction mortgage into a permanent mortgage when construction is done. The

mylen [45]

Answer:

Monthly payment is $151,567.83

Explanation:

Monthly Payment can be calculated using following formula

Value of Mortgage = Monthly payment x ( 1 - ( 1 + Monthly Interest rate )^-Numbers of months / Monthly iNterest rate

Where

Value of Mortgage = $13,200,000

Monthly Payment = ?

MOnthly Interest rate = 6.75% / 12 = 0.5625%

Numbers of months = Tem of Mortgage x 12 = 10 years x 12 = 120 months

Placing values in the formula

$13,200,000 = Monthly payment x ( 1 - ( 1 + 0.5625% )^-120 / 0.5625%

$13,200,000 = Monthly payment x 87.08972

Monthly payment = $13,200,000 / 87.08972

Monthly payment = $151,567.83

3 0

3 years ago

Dockside Enterprises Incorporated operates two divisions: (1) a management division that owns and manages bulk carriers on the G

elixir [45]

Answer:

Dockside Enterprises

The minimum transfer price per hour that the repair division should obtain for its services, assuming it is operating at capacity is:

= $47.

Explanation:

Repair division's estimated variable cost per labor-hour = $37

Standard selling price per labor-hour = $77

Labor cost of the hire of outside repair workers per hour = $47

Minimum transfer price = the variable costs plus a calculated opportunity cost

Minimum transfer price = $47 ($37 + $10)

Calculated opportunity cost = $10 ($47 - $37)

4 0

3 years ago

True or false: Managerial accounting provides information to internal managers who make decisions about a company's business act

Shalnov [3]

Answer:True

Explanation:

3 0

4 years ago

A relationship with the closeness of a friendship but also the sexual activity of a romantic partnership without the expectation

Anna71 [15]

Friends with benefits refers to a relationship that has the intimacy of a friendship but also the sexual activity of a love relationship without the expectations of commitment.

An interpersonal connection that incorporates physical or emotional closeness is referred to as an intimate relationship. Even though personal relationships are frequently sexual, they can also be non-sexual and involve friends, family, or acquaintances. Physical intimacy can come from emotional intimacy, which is the sense of liking or loving one or more persons.

Romantic love, sexual intercourse, or other forms of intense connection define physical intimacy. These connections are crucial to the entirety of human existence. Intimate relationships often satiate human beings' universal needs for love and belonging. People can develop solid emotional connections within a social network thanks to these kinds of partnerships.

To know more about Relationship here

brainly.com/question/3614226

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7 0

2 years ago

Suppose that, in a competitive market without government regulations, the equilibrium price of donuts is $1.50 each. Complete th

statuscvo [17]

Answer:

Option A is a price floor, option B is binding and option C is price ceiling.

Explanation:

It is stated that the equilibrium price of a donut is $1.50.

If the government institutes a legal minimum price of $1.80 for a donut, that would be an example of price floor because the price cannot be lower than that. $1.80 is higher than $1.50 so it serves a purpose.

Option B is binding since any donut shop that wants to pay better wages is prohibited from hiring more workers.

The government prohibiting donut shops from selling a donut for more than $1.10 is an example of floor ceiling because the price can not go higher than $1.10.

I hope this answer helps.

4 0

3 years ago