Answer: The answer is provided below
Explanation:
a. The reconstructed journal entry has been prepared and attached.
b. The following are the effects it has on the investing section or the financing section of the statement of cash flows.
The first transaction will lead to a cash inflow of $8,000 from the investing activities.
The second transaction is non-cash transaction therefore, it will not be reported in either the financing or the investing activities.
The third transaction will lead to a cash inflow of $2,000 from the financing activities.
The fourth transaction will lead to a cash outflow from the financing activities.
Thw diagram has been attached.
Answer:
They can be their own boss.
Answer:
Cost of Make = $2,240
Explanation:
The computation of Saving in Cost by Make or buy is shown below:-
Make Buy
Material $2,800
($0.20 × 14,000 Buns)
Direct Labor $1,400
($0.10 × 14,000 Buns)
Variable Factory Overhead $560
($0.04 × 14,000 Buns)
Purchase Cost of Buns $7,000
(14,000 × $ 0.50)
Total Cost $4,760 $7,000
Therefore the Saving in Cost by Make = $7,000 - $4,760
= $2,240
Answer:
the law of market regulation
Explanation:
i did this in my business class
Answer:
Differential cost of producing Product C = $0
Explanation:
<em>A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost. </em>
<em>Also note that all cost incurred up to the split-off point (the cost of crushing) are irrelevant to the decision to process further . </em>
$
Sales revenue after the split off point (Product C) 58
Sales revenue at the split-off point (Product B <u> 33</u>
Additional sales revenue per unit 25
Further processing cost <u> (25)</u>
Differential cost of Product C <u> 0</u>
Differential cost of producing Product C = $0
<em>
Note that the cost incurred up until the split off point was not included because it is Irrelevant to the decision to process further. It has already been incurred , hence it is a sunk cost</em>
