Chapter 13 bankruptcy involves... Question 5 options: A) eliminating the lowest interest debt that someone owes

Sheela Dairy Corporation buys unprocessed cows' milk from local farmers. At the dairy, this unprocessed milk is broken down into

Dafna11 [192]

Answer:

The answer is D) None of these statement is relevant in the decision to further process the cream into butter.

Explanation:

option A) the amount paid to the farmers to purchase the unprocessed milk: this information is not relevant to further develop the cream and low fat milk to butter. It was already considered before this stage of production.

Option B) the cost of breaking down the unprocessed milk into cream and low-fat milk: this cost was already accounted for since the processing into cream and low fat milk is completed.

Option C) the portion of corporate fixed expenses that are currently being allocated to cream: This information is not going to help in the decision making for further processing.

8 0

3 years ago

Ramkissoon Midwifery's cost formula for its wages and salaries is $2,060 per month plus $442 per birth. For the month of July, t

iragen [17]

Answer:

Spending variance will be equal to -729

Explanation:

We have given wages and salary is $2060 per month plus $442 per birth

We have given total number of birth = 117

So standard cost = $2060+117×$442 = $53774

Actual wages and salary for the month is = $54500

We have to find the spending variance

Spending variance is given by

Spending variance = Standard cost - actual cost = $53774 - $54500 = -729

So spending variance will be equal to -729

6 0

3 years ago

Presented below are the ending balances of accounts for the Kansas Instruments Corporation at December 31, 2021.

dedylja [7]

Solution :

Current Assets

Cash $ 20,000

Accounts receivable $ 1,30,000

Less: Allowance for uncollectible accounts - $ 13,000

Note receivable $ 100,000

Interest receivable $ 3,000

Marketable securities $ 32,000

Raw materials $ 24,000

Work in process $ 42,000

Finished goods $ 89,000

Prepaid Rent(Half of $ 60,000) $ 30,000

Total current assets $ 4,57,000

Current Liabilities

Deferred revenue ($36,000/2) $ 18,000

Accounts payable $ 1,80,000

Interest payable $ 5000

Total current liabilities $ 2,03,000

Working capital (4,57,000 - 2,03,000) $ 2,54,000

8 0

3 years ago

List three pieces of information listed in a credit card agreement that you believe are important to review before

andrew-mc [135]

I have the same question

4 0

3 years ago

Read 2 more answers

Compare the structural approach to the external variable approach of kinesics

dedylja [7]

The Structural Approach to kinesics studies all movement and sees all behaviors as important and communicative, and studies the KINE or the smallest unit of movement or motion. The External Variable approach however must be interpreted for it to be considered communication, and to be studied. Behaviors must also be full and completed, and it studies the KINEMORPH or the combination of lines, and specific whole movements. And it's also distinguished by idiosyncratic and shared info (personal behaviors/tendencies and behaviors with meaning for the particular group).

3 0

3 years ago