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3 years ago

Felicia goes through an involuntary bankruptcy proceeding. an involuntary bankruptcy occurs when

1 answer:

5 0

When a person or company owes money to creditors. It is the only way creditors feel they will collect what they are owed.

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Assume Baldwin is producing 2,498 units of Bill next year. What would Bill's plant utilization be?

Digiron [165]

Answer: Option A

Explanation:

The production utilization is the use of the productive capacity of the firm. It shows the extent to which the production capacity of the firm can be used to produce the goods in the firm.

It shows the relationship between the output that has been produced with the equipment that has been installed in the enterprise. If the capacity of the firm is totally utilised, it is very efficient and can be used to produce the maximum amount of goods of that enterprise.

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3 years ago

Howrley-David, Inc., manufactures two models of motorcycles: the Fatboy and the Screamer. Both models are assembled in the same

Greeley [361]

Answer:

Cost per Unit Fatboy= $ 27800

Screamer Cost per unit = $3779.80

Explanation:

Howrley-David, Inc.

Fatboy Screamer Total

Units Assembled 990 1,980 2,970

Materials cost per unit $ 2,600 $ 3,600

Material Costs 2574000 7128000

Other costs:

Direct labor $1069200 2138400 $ 3,207,600

Indirect materials 534, 600

Other overhead 1,603,800

FoH 712800 1425600 2138400

Total Costs 2752,2000 7484000

No of units 990 1980

Cost per Unit 27800 3779.80 

The total costs have been added and then divided with the number of units to get the cost per unit.

Direct Labor Costs =Total Direct Labor Costs/ Total number of units* required number of units

DLC for Fatboy= $ 3,207,600 /2970 *990= $1069200

DLC for Screamer= $ 3,207,600 /2970 *1980= 2138400

FActory Overheads = Total Factory Costs/ Total Units ( Required Units)

FOH for Fatboy= 534, 600 +1,603,800/2970 * 990= 712800

FOH for Screamer = 534, 600 +1,603,800/2970 * 1980= 1425600

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3 years ago

Sunland Company had 203000 shares of common stock, 20100 shares of convertible preferred stock, and $607000 of 10% convertible b

svetlana [45]

Answer:

Option B fits perfectly,$1.61

Explanation:

Basis earnings per share is the total earnings attributable to common stock divided by the weighted average number of common stock in the year.

Earnings attributable to common is net income minus preferred stock dividends

Net income is $361,000

preferred stock dividend=20,100*$1.70=$ 34,170.00

earnings attributable to common stock=$361,000-$ 34,170=$ 326,830

Weighted average number of common stock is 203,000 shares

basic earnings per share= $326,830/203,000=$1.61

The correct option is B,$1.61

6 0

3 years ago

Please help me to solve this question.

kari74 [83]

Answer:

the reproduction in which fertilization takes place is called sexual reproduction.

ii . multiple fission

hope it is helpful to you

6 0

3 years ago

The ledger of Shamrock, Inc. on March 31, 2017, includes the following selected accounts before adjusting entries.

romanna [79]

Answer and Explanation:

The adjusting entries are as follows:

1 Insurance expense Dr $310

To Prepaid Insurance $310

(Being insurance expense is recorded)

2 Supplies expense Dr $1,650 ($2,610 - $960)

To Supplies $1,650

(Being supplies expense is recorded)

3 Depreciation expense Dr $150

To Accumulated Depreciation - Equipment $150

(Being depreciation expense is recorded)

4 Unearned service revenue Dr (two-fifth of $12,000) $4,800

To Service Revenue $4,800

(Being service revenue is recorded)

3 0

3 years ago