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nasty-shy [4]
3 years ago
15

Torid Company processes​ 18,700 gallons of direct materials to produce two​ products, Product X and Product Y. Product X sells f

or​ $10 per gallon and Product​ Y, the main​ product, sells for​ $150 per gallon. The following information is for​ December: Beginning Ending Production Sales Inventory Inventory Product​ X: ​5,975 ​5,800 0 175 Product​ Y: ​10,575 ​10,655 100 20 The manufacturing costs totalled​ $30,000. How much is the ending inventory for the byproduct if byproducts are recognized in the general ledger at the point of​ sale?
Business
1 answer:
lana66690 [7]3 years ago
4 0

Answer:

$0

Explanation:

Data given in the information

Product X is the byproduct.

In addition, the By products are recorded in the general ledger at the point of sale

So in this case, the quantity sold is considered only no other things would be recognized

Hence, in this the quantity sold and quantity produced is not recorded

Therefore , No ending inventory should be recognized in the general ledger for this by products

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Answer:

Based on the answer to the question, the only one of the given terms of trade (that is, price of stained glass in terms of jeans) that would allow both Sweden and Italy to gain from trade is 8 pairs of jeans per pane of stained glass because 8 pairs is more than 4 pairs, which will be attractive to ITALY and is less than 10 pairs which is a cheaper cost for SWEDEN.

Explanation:

1. Italy's opportunity cost of producing a pane of stained glass is 4 pairs of jeans while Sweden's opportunity cost of producing a pane of stained glass is 10 pairs of jeans

2. By comparing the opportunity cost of producing stained glass in the two countries, you can tell that SWEDEN has a comparative advantage in the production of stained glass and ITALY has a comparative advantage in the production of jeans.

3. Suppose that Italy and Sweden consider trading stained glass and jeans with each other. Italy can gain from specialization and trade as long as it receives more than <u>4 Pairs </u>of jeans for each pane of stained glass it exports to Sweden. Similarly, Sweden can gain from trade as long as it receives more than 0.1 pair of stained glass for each pair of jeans it exports to Italy.

4.Based on the answer to the last question, the only one of the given terms of trade (that is, price of stained glass in terms of jeans) that would allow both Sweden and Italy to gain from trade is 8 pairs of jeans per pane of stained glass because 8 pairs is more than 4 pairs, which will be attractive to ITALY and is less than 10 pairs which is a cheaper cost for SWEDEN.

4 0
3 years ago
Kallton is a multinational communications and information technology corporation. Its principal products are mobile telephones a
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Answer:

The correct answer is Crowdsourcing.

Explanation:

Crowdsourcing seeks to outsource or delegate tasks to be left in charge of a large group of people or community. This community, composed of qualified professionals will present their proposals, ideas and candidacies. Companies that use Crowdsourcing will choose the most suitable people to carry out the different jobs, solve the most complex problems and contribute to the development of the business through new and relevant ideas. The objective is to develop the tasks in a shorter period of time with more effective results thanks to more labor and the contribution of solutions. In this way, the effort by the customer, supplier or company is reduced. The elect or chosen within a community will be rewarded for their work in an economic, material or even labor way. Gedesco

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Answer:

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Explanation:

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