A liability created for receiving cash for future services to be provided is termed a(n)

Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the

yKpoI14uk [10]

Answer:

Product A Product B Product C

Sales value after further processing $494,940 $656,030 $248,820

(14,600*$33.90), (22,700*$28.90),

(5,800*$42.90)

Costs of further processing $91,990 $133,305 $62,660

Benefits of further processing $402,950 $522,725 $186,160

Less: Sales value at split-off point $408,800 $499,400 $197,200

(14,600*$28.00), (22,700*$22.00),

(5,800*$34.00)

Net advantage / (Disadvantage) $(5,850) $23,325 $(11,040)

6 0

3 years ago

Sophia's family is growing, and she needs to buy a bigger car by financing it for five years. Why is it important for her to che

GalinKa [24]

Answer:

To verify the accuracy of his rental history

Explanation:

Based on the scenario in the question, it is it important for Christian to check the information recorded on his credit report so as to verify the accuracy of his rental history.

He has to verify his rental history so as to know if there's a mistake or if the details written are not correct. To apply for the mortgage, he needs to ensure that the details are correct.

Explanation:

4 0

3 years ago

Why is using cash unhelpful when a person wants to apply for a loan in the near future?

____ [38]

It is unhelpful and non-beneficial because always using cash will result in you having no credit history so banks would not be able to see how reliable you are in paying back a loan

7 0

3 years ago

A Japanese insurance company purchases U.S. government securities. From the perspective of the United States, the balance of tra

Zinaida [17]

Answer:

The balance of trade will not change but the balance of payment will improve.

Explanation:

A balance of trade is defined as the difference between country's export and import value during a given period of time.

A balance of payment can be defined as a statement which keeps record of all the monetary transaction, that are made between the country's resident and rest of the world during a specific period of time.

Purchase of U.S government securities by Japanese insurance company will surely improve the balance of payment from the U.S perspective but the balance of trade with Japan is not likely going to change.

5 0

4 years ago

Bossie Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following

kotegsom [21]

Answer:

$273,400

Explanation:

Given that,

Wages and salaries = $349,000

Depreciation = 290,000

Utilities = 199,000

Total = $838,000

Cost to be allocated to Assembly cost pool :

= (Wages & salaries × 35%) + (Depreciation × 35%) + (Utilities × 25%)

= ($349,000 × 35%) + (290,000 × 35%) + ($199,000 × 25%)

= $122,150 + $101,500 + $49,750

= $273,400

3 0

3 years ago