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3 years ago

When deciding whether a business concept is

Business

1 answer:

Ivanshal [37]3 years ago

4 0

Answer:

no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no

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The amount of earnings distributed to stockholders can be found in the income statement.

evablogger [386]

Answer:

Unearned membership revenue of $9,000

Explanation:

The sales on credit during January 2017 was valued at $12,000 ($200 x 60).

In March 2017, customers paid $3,000, leaving the balance of $9,000 outstanding.

Since the season for which sales and collections were made starts March 1, 2017, when reporting the financial statements for the period ending March 31, 2017, the Membership Revenue would be $3,000 only and the balance $9,000 would be reported as Unearned Membership Revenue in the Balance Sheet with a further $9,000 reported in the Accounts Receivable to balance the records.

This shows that Unearned Membership Revenue of $9,000 is the only valid statement.

3 0

3 years ago

The difference between the standard cost of a product and its actual cost is called a variance.

-Dominant- [34]

The difference between the standard cost of a product and its actual cost is called a cost variance. Therefore the statement is true.

<h3>What is the objective of variance?</h3>

Changing across all of the pieces of information in a data set, variance is a measurement of distribution. It enables us to estimate how far away a set of factors are from each other.

To describe the variation or difference between the standard cost of a product and its actual cost the use of cost variance is done. It is utilized to estimate the financial performance of any project.

Therefore, the statement is True.

Learn more about Variance, here:

brainly.com/question/16269880

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7 0

1 year ago

Internal resources, such as the legal department, training department, information technology department, tend to be under-utili

bixtya [17]

Answer:

b. All of the answers are correct.

Explanation:

Death Spiral is a situation when a company's goods or services produced are declining and fixed cost is same. The company will be exposed to a burden of fixed cost if its output is reduced.

In this question the various departments of a company are underutilized. The fixed price allocated to each department will be same hence creating a burden on a company's funds. Managers may decide to reduce the services they use to reduce the cost of their department. The internal pricing system will start recovering the sunk cost of company. Managers will also consider purchasing services internally or externally whichever is cost effective. All of the statements are correct there b is correct option.

7 0

3 years ago

Part B: Application of Job Order Costing Scanlon Company has a job-order costing system and applies manufacturing overhead cost

stiks02 [169]

Answer:

a) Predetermine overhead rate = 1710000/95000 = 18 per machine hour

Applied overhead = 18*75000 = 1350000

Under applied overhead = 1687500-1350000 = 337500

b) Cost of godos sold allocated amount of under applied overhead if fully allocated on cost of goods sold = 337500

Cost of goods sold allocated amount of under applied overhead if allocated on appropriate accounts = 337500*759375/1350000 = 189843.75

Difference in net income = 337500-189843.75 = 147656.25

6 0

3 years ago

A new operating system for an existing maching is expected to cost $786000 and have a useful life of six years. The system yield

andrew11 [14]

Answer:

NPV is $771,739

Explanation:

As we know that:

Net Present Value = Present Value of Cash inflow (STEP 1) - Present Value of Cash outflow

<u>STEP 1. Present Value of Cash Inflow</u>

Here

Present Value of Cash Inflow = Annuity of Annual Cash flow - PV of Scrap Value

Annual Cash flow is $346,000 ($230,000 + ($786,000 - $90,000)/6)

Annuity of annual cash inflow = $346,000 * Annuity Factor

Here

Annuity Factor for 6 years is 4.3553

Now this means that:

Annuity of annual cash Inflow = $346,000 * 4.3553 = $1,506,934

Present Value of Residual Value ($90,000 * 0.5645) =<u> </u><u>$50,805</u>

Present Value of cash inflows $1,557,739

Now putting values in the above equation, we have:

Net Present Value = $1,557,739 - $786,000

Net Present Value = $771,739

5 0

3 years ago