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2 years ago

The unexpired insurance at the end of the fiscal period represents

Business

1 answer:

lord [1]2 years ago

7 0

Answer:

Deferred expense

Explanation:

The deferred expense is the expense that is already incurred but it does not realize.

In other words, it is an advance payment or prepaid payment for the service to be consumed in the future. The cost is reflected in the asset side of the balance sheet.

It could be prepaid rent, prepaid insurance, etc

Since there is unexpired insurance at the end that reflects the deferred expense.

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Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at

Butoxors [25]

Answer:

The question is not incomplete as it is missing the requirement below:

A) The activity rates for each activity and

B) The activity-based factory overhead per unit for each product.

Fabrication activity rate=$68 /dlh

Assembly activity rate =$35 /dlh

Setup activity rate =$390/setup

inspection activity rate=$90/inspection

Speed boat activity based factory overhead=$387000

Bass boat activity based factory overhead=$213000

Explanation:

Fabrication activity rate=$204,000/(2000+1000)=$68 /dlh

Assembly activity rate =$105000/(1000+2000)=$35 /dlh

Setup activity rate =$156000/(300+100)=$390/setup

inspection activity rate=$135000/(1100+400)=$90/inspection

Speed boat total overhead is computed thus:

fabrication $68*2000 136000

Assembly $35*1000 35000

setup $390*300 117000

inspection $90*1100 99000

Total 387000

bass boat total overhead is computed thus:

fabrication $68*1000 68000

Assembly $35*2000 70000

setup $390*100 39000

inspection $90*400 36000

Total 213000

8 0

2 years ago

Face when buying one of your favorite foods.

LiRa [457]

Answer:

it is too long but also I like to choice Step 1

5 0

2 years ago

Blanchard Company manufactures a single product that sells for $ 180 per unit and whose total variable costs are $ 126 per unit

Nuetrik [128]

Answer:

Part 1

Income Statement at 15,600 units

Sales ($ 180 x 15,600) $2,808,000

Less Variable Costs ($126 x 15,600) ($1,965,600)

Contribution $842,400

Less Fixed Costs ($842,400)

Net Income $0

Part 2

$3,278,000

Explanation:

Break even (units) = Fixed Cost ÷ Contribution per unit

= $ 842,400 ÷ ($ 180 - $126)

= 15,600 units

Assume the company's fixed costs increase by $ 141.000

Break even (units) = Fixed Cost ÷ Contribution per unit

= ($ 842,400 + $ 141.000) ÷ ($ 180 - $126)

= 18,212 units

Break even Revenue = 18,212 x $ 180 = $3,278,000

6 0

2 years ago

At Midland Company's break-even point of 9,000 units, fixed costs are $180,000 and variable costs are $540,000 in total. The uni

amid [387]

Answer: $80

Explanation:

Since the fixed costs are $180,000 and variable costs are $540,000, then the total cost will be:

= Fixed cost + Variable cost

= $180000 + 540000

= $720000

Since there are 9000 units, then the unit sales price will be:

= $720000 / 9000

= $80

The unit sales price is $80

7 0

2 years ago

Rudy's, Inc. and Blackstone, Inc. are all-equity firms. Rudy's has 1,500 shares outstanding at a market price of $22 a share. Bl

aleksandr82 [10.1K]

Answer:

Merger premium per share is equal to $2

Explanation:

Step 1. Given information.

1500 shares outstanding
market price of 22
Blackstone has 2.500 shares
Outstanding price 38
Blackstone acquire Rudy's for $36.000

Step 2. Formulas needed to solve the exercise.

Merger premium per share = (Blackstone acquire Rudy's /shares outstanding) - market price

Step 3. Calculation.

Merger premium per share = ($36,000/1,500) - $22 = $2

Step 4. Solution.

Merger premium per share is equal to $2

8 0

2 years ago