1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Radda [10]
2 years ago
6

Sell or Process Further

Business
1 answer:
bazaltina [42]2 years ago
7 0

Answer:

-$600

Explanation:

For computing the net benefit or (cost), first, we have to determine the sales price increased which is shown below"

= Sale value of completed sailboats - a sale to boatyards

= $6,500 - $5,200

= $1,300

And, the additional cost is $1,900

So, the net processing cost would be  

= $1,300 - $1,900

= -$600

All other information which is given is not relevant. Hence, ignored it

You might be interested in
Following are the accounts and balances from the adjusted trial balance of stark company
Lorico [155]

Answer:

                                STARK COMPANY  

                             INCOME STATEMENT  

                FOR THE YEAR ENDED DECEMBER 31  

PARTICULARS                                 AMOUNT $

Service Revenue                               20,000

<u>Expenses</u>

Supplies expense          200  

Interest expense            500  

Insurance expense        1,800

Utilities expense            1,300

Depreciation expense   2,000

Wages expense             <u>7,500</u>

Total expenses                                  <u>13,300</u>

Net profit                                            <u>6,700</u>

                            STARK COMPANY  

                 STATEMENT OF RETAINED EARNINGS  

                  FOR THE YEAR ENDED DECEMBER 31

                                                                                       Amount $

Retained earnings December 31 prior year end            14,800

Add- Net income           6,700

Less- Dividends             3,000                                           <u>3,700</u>

Retained earnings, December 31 Current year end     <u>18,500</u>

3.                                          STARK COMPANY  

            BALANCE SHEET FOR THE YEAR ENDED DECEMBER 31

Current Assets

Cash                               10,000

Accounts receivable      4,000  

Office supplies               800  

Prepaid insurance          <u>2,500</u>

Total current asset                           17,300

Non Current Assets

Buildings                            40,000

Less- Accumulated dep.    <u>15,000</u>  

Total Non Current Assets                <u>25,000</u>

Total Assets                                       <u>42,300 </u>

Liabilities

Current liabilities

Accounts payable     1,500  

Interest payable        100  

Notes payable           11,000  

Unearned revenue    800  

Wages payable          <u>400 </u>

Total Current liabilities                 13,800

Long term liabilities

Common stock      10,000

Retained earnings 18,500             <u>28,500</u>

Total liabilities and capital           <u>42,300</u>

7 0
3 years ago
True or false? under medicare part a, a beneficiary can have an unlimited number of benefit periods.
Arlecino [84]
True depending on what you pay. Depending on what is payed (it is all tabled) you may have more or less days on your benefit periods up until no limit. In the end, it is a health insurance, and as everything that's payed, it has limits or not depending on what is payed. 
6 0
3 years ago
Need help ASAP, I’m going somewhere!
Rom4ik [11]

Answer:

https://brainly.co a separate Word or PowerPoint document containing the time line. If your tim

Explanation:

and had begun a five year apprenticeship as a machinist. His starting wage ... brainly.com/question/25586250

6 0
2 years ago
Select the four common tools managers use to analyze competitive intelligence and develop competitive advantages. SWOT Analysis
iragen [17]

Answer:

Competitive Advantage refers to those attributes which makes a company's products stand out in the market against those of it's competitors and helps it gain a competitive edge.

Managers usually use the following four tools to analyze competitive intelligence to develop competitive advantages:

  1. Michael Porter's generic strategies
  2. Michael Porter's five forces model
  3. Value Chain analysis which aims to identify the value added at each level of production and assign extra importance to those stages which contribute immensely to a product's value.
  4. SWOT Analysis which is strengths weaknesses opportunities and threats. To maximize strengths, identify and limit weaknesses, sense and grab opportunities and minimize or avoid threats.

3 0
2 years ago
Why is the accrual-based income statement superior to a cash-based income statements in measuring profitability? (Select all tha
Leno4ka [110]

The accrual-based income statement superior to a cash-based income statements in measuring profitability because It reports the expenses incurred in generating the revenues regardless of when the cash was paid.

What distinguishes the accrual basis of accounting from the cash basis of accounting?

When money is received or spent, it is recorded as revenue using the cash foundation of accounting. When using the accrual basis of accounting, revenues are recorded as they are earned and expenses as they are incurred.

What is an income statement with an accrual basis?

Accounting on an accrual system records revenue and corresponding costs as they are incurred, rather than when money is exchanged. Accordingly, businesses report revenue when it is earned rather than when it is received.

To know more about Income Statement Visit

<u>brainly.com/question/14326095</u>

#SPJ4

3 0
1 year ago
Other questions:
  • The condensed financial statements of Ness Company for the years 2016 and 2017 are presented below. NESS COMPANY Balance Sheets
    13·1 answer
  • Phoenix, a popular coffee shop chain in North America, recently opened 400 stores to cater to its rapidly increasing number of p
    8·1 answer
  • Prepare journal entries to record the following four separate issuances of stock.
    11·1 answer
  • What are some risks of adding a new product?
    15·1 answer
  • Andy assumed the character of jude in order to confront the
    6·1 answer
  • An effective concurrent strategy for dealing with employee theft of supplies and equipment is ________.
    12·1 answer
  • Dinklage Corp. has 8 million shares of common stock outstanding. The current share price is $82, and the book value per share is
    7·1 answer
  • Sheridan Company declared a $229000 cash dividend. It currently has 12300 shares of 4%, $100 par value cumulative preferred stoc
    9·1 answer
  • In the __________________ manufacturing environment, order acceptance occurs before the production lead time. Fill in the blanks
    12·1 answer
  • At what credit score range do you think it’s unlikely that banks would offer you a loan or credit card?
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!