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astra-53 [7]
3 years ago
4

In the integrated process, under which of the following conditions will the fulfillment process steps be suspended until the pro

duction process steps are complete?a. When there are insufficient quantities of raw materials in inventoryb. When a customer order is receivedc. When there are insufficient quantities of the finished product in inventoryd. When the company is waiting for a shipment from a vendor
Business
1 answer:
irina1246 [14]3 years ago
5 0

Answer:

<u>c. When there are insufficient quantities of the finished product in inventory</u>

Explanation:

Note that, the Integrated process involves combining more than one specific unit process <em>into a group </em>of work stations that are operated under unified control.

Therefore, when there are insufficient quantities of the finished product in the inventory, then the fulfillment process steps be suspended until the production process steps are complete.

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An investor borrows an amount at an annual effective interest rate of 5% and will repay all interest and principal in a lump sum
Artist 52 [7]

Answer:

$74.14

Explanation:

first we must calculate the market price of the bond:

0.03 = {40 + [(1,000 - MV)/20]} / [(1,000 + MV)/2]

0.03 x [(1,000 + MV)/2] = 40 + [(1,000 - MV)/20]

0.03 x (500 + 0.5MV) = 40 + 50 - 0.05MV

15 + 0.015MV = 90 - 0.05MV

0.065MV = 75

MV = 75 / 0.065 = $1,153.85

so the customer borrowed $1,153.85

in 10 years, the principal + interest will = $1,153.85 x (1 + 5%)¹⁰ = $1,879.50

the customer will receive:

20 semiannual payments of $40, the future value = $40 x 22.841 (FV annuity factor, 2%, 19 periods) + $40 = $953.64

bond's face value = $1,000

total money received = $1,000 + $953.64 = $1,953.64

net gains = $1,953.64 - $1,879.50 = $74.14

3 0
4 years ago
Moss County Bank agrees to lend the Cullumber Company $695000 on January 1. Cullumber Company signs a $695000, 6%, 9-month note.
DiKsa [7]

Answer:

The interest on notes is calculated as follows

Interest payable = Face value of bonds * Interest rate * (Time of maturity / 12 months)

= $695,000 * 6% * 9/12

=$31,275

Cullumber company will pay the face value of the notes as the notes are payable at par, along with interest rate of 6% for the period of 9 months. This will result in outflow of cash, thereby crediting cash account. The liability on account of notes payable and interest payable will be settles, thereby debiting the payable account

                                 General Entry

Date         Account Title and Explanation     Debit            Credit

30 Sep.    Notes payable                                $695,000

                Interest payable                              $31,275

                Cash                                                                      $726,275

                (To record the amount to be paid at maturity)

6 0
3 years ago
J &amp; B Corp. is investing in a major capital budgeting project that will require the expenditure of $20 million. The money wi
DaniilM [7]

Answer:

a) WACC = 12.20%

Explanation:

Weighted average cost of capital is computed by allocating weights to different capitals.

Cost of bonds = Cost of debt = 5%

Cost of preferred stock = 9%

Cost of equity = 16%

As it is new issued and not from retained earnings.

With weights cost will be as follows

Bonds = 5% X $5/$20 = 1.25%

Preference share = 9% X $3/$20 = 1.35%

Equity = 16% X $12/$20 = 9.6%

WACC = 1.25 + 1.35 + 9.6 = 12.20%

7 0
4 years ago
Read 2 more answers
DW has an ending Retained Earnings balance of $51,600. If during the year DW paid dividends of $4,100 and had net income of $21,
VikaD [51]

Answer:

$34,600

Explanation:

The computation of beginning retained earnings balance is seen below:

But we know that;

Ending balance of retained earnings = Beginning balance of retained earnings + Net income - Dividend paid

$51,600 = Beginning retained earnings + $21,100 - $4,100

Beginning retained earnings = $51,600 - $21,100 + $4,100

Beginning retained earnings = $34,600

4 0
3 years ago
The Chart Company has a process costing system. All materials are added when the process is first begun. At the beginning of Sep
Mnenie [13.5K]

Answer:

58,560 units

Explanation:

The computation of the equivalent units of production for the conversion cost is shown below:

We know that,

Ending work in progress inventory = Units started - units completed

6,100 units = 61,000 units - units completed

So, units completed = 61,000 units - 6,100 units = 54,900 units

It is given in the question that 3 ÷ 5 means 60% ending work in progress inventory units is completed,  

So completed units = 6,100 × 60% = 3,660 units

So,the equivalent units of production equals to

= Units completed + completed units in ending inventory

= 54,900 units + 3,660 units

= 58,560 units

6 0
4 years ago
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