Answer:
d. 234,000 lbs. of A; e. 39,000 lbs. of B
Explanation:
For computing the number of pounds first we have to find out the production units which is shown below:
Production units = Sales units + ending inventory units - beginning inventory units
= 76,000 units + 10,500 units - 8,500 units
= 78,000 units
Now number of material pounds required is
Direct material A B
One unit requires 3 lbs 1 ÷ 2 lbs
Multiply 78000 unit requires 234,000 39,000
We simply multiplied the production units with the required unit of each material i.e A and B so that the accurate number of pounds could arrive
Answer:
Dr Interest expense $33,500
Cr Discount on bonds payable $1,100
Cr Cash $32,400
Explanation:
Discount on bonds payable=$540,000-$529,000=$11,000
Amortization of discount=discount on bonds issue/period of the bond
period to maturity of the bond is 5 years *2 =10 since the bond pays interest semi-annually
Amortization =$11,000/10=$1,100
Semi-annual interest=$540,000*12%/2=$32,400
the bond semi-annual interest expense=discount amortization+interest payment
the bond semi-annual interest expense=$32,400+$1,100=$33,500
Answer:
equivalent annual cost: 19,784.81
The investment is not economically justified as it is cheaper to pay the fines than invest in the equipment to avoid them.
Explanation:
We calcualte the PMT of a 75,000 dollars equipment at 10%
PV 75,000
time 5
rate 0.1
C $ 19,784.811
EPA fines: <u> </u><u>$ 18,500.00 </u>
differential: (1, 284.81)
,Answer:
Zoe Corporation
Statement of Cost of Good Manufactured For the Month Ended March 31
Work in Process Inventory 22,000
Direct Materials:
Materials inventory, March 1 6,000
Purchases 92,000
Less Materials inventory, March 31 <u> ( 8,000)</u>
Cost of Materials used in Production 90,000
Direct Labor 25,000
Factory Overhead <u> 37,000</u>
<u> 152,000</u>
Total Manufacturing Cost 174,000
Less Work in Process Inventory, March 31 <u> (23,500) </u>
Cost of Goods Manufactured 150,500
Answer:
The correct answer is letter "C": An executive attends a trade show solely to obtain a competitor's brochures, listen to sales pitches, and ask questions about the competitor's products.
Explanation:
Competitive intelligence refers to the steps companies take to obtain information about their surrounding environment and competitors. If the attempt is to conduct competitive intelligence ethically and legal, top executives in charge should obtain as much information as possible from a <em>legitimate source</em> with the limitations that could imply <em>without compromising the company</em> in business not inherent to its operations.
