The par value per share of common stock represents the

1. Schulenburg Corporation has provided the following data from its activity-based costing accounting system: Indirect Factory w

Alexus [3.1K]

Answer:

a. Product processing

Indirect factory wages $54,940 = $82,000*67%

Factory equipment depreciation $38,640 = $276,000*14%

Total $93,580

So, the total amount of indirect factory wages and factory depreciation cost allocated to product processing activity = $93,580

b. Indirect factory wages $820 = $82,000*1%

Factory equipment depreciation $38,640 = $276,000*14%

Total $39,460

So, total amount of indirect factory wages and factory depreciation costs not assigned to products = $39,460

8 0

3 years ago

Paul invested $10,000 in a security that will double in value in ten years. Approximately what annual rate of return is this inv

Setler79 [48]

The right answer for the question that is being asked and shown above is that: "5.8 percent." Paul invested $10,000 in a security that will double in value in ten years. Approximately the annual rate of return is this investment making is 5.8 percent

4 0

3 years ago

g Gilberto Company currently manufactures 88,000 units per year of one of its crucial parts. Variable costs are $3.10 per unit,

Paladinen [302]

Answer:

Total incremental cost of Making = $370,800 and Buying = $378,400.

Decision : The company should continue to manufacture the part instead of buying the part from the outside supplier

Explanation:

Analysis of the Buy or Decision

Buy Make Difference

Costs :

Purchase Price ( $4.30 × 88,000 units) $378,400 $ 0 ($378,400)

Savings :

Variable Costs ($3.10 × 88,000 units ) $0 $272,800 $272,800

Fixed Cost $0 $98,000 $98,000

Total $378,400 $370,800 ($7,600)

Note that, Allocated fixed costs are unavoidable whether the company makes or buys the part thus not relevant for this decision.

Conclusion :

It can be seen that it is quite expensive to buy the part from the outside supplier, so continue making the part internally

5 0

4 years ago

Whenever anyone praises Mark for his good performance, he has the tendency to attribute his success to his personal qualities su

Nat2105 [25]

Answer: Self serving bias

Explanation: In simple words, it refers to the attribute of an individual to take the credit of every positive event themselves, whereas in case of negative events such individuals tends to blame external factors.

In the given case, Mark attributes his success as the outcome of his personality and blames his team or other such factors in case of negative results.

Hence from the above we can conclude that the given case illustrate self serving bias.

8 0

3 years ago

Recording sales, returns, and discounts taken LO P2

Zanzabum

Answer:

Entries are given

Explanation:

We will record assets and expenses on the debit as they increase during the year and will record liabilities and capital on the credit side as they increase during the year or vice versa.

DEBIT CREDIT

April 01

Account Receivable $3,800

Sales $3,800

Apr - 01

Cost of Goods Sold $2,280

Merchandise $2,280

Apr - 04

Sales Return $460

Account Receivable $460

Apr - 04

Merchandise $276

Cost of Goods Sold $276

Apr - 08

Account Receivable $1,400

Sales $1,400

Apr - 08

Cost of Goods Sold $980

Merchandise $980

Apr - 11

Cash $3,340

Account Receivable $3,340

7 0

3 years ago