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monitta
2 years ago
13

Product X-547 is one of the joint products in a joint manufacturing process. Management is considering whether to sell X-547 at

the split-off point or to process X-547 further into Xylene. The following data have been gathered: I. Selling price of X-547 II. Variable cost of processing X-547 into Xylene. III. The avoidable fixed costs of processing X-547 into Xylene. IV. The selling price of Xylene. V. The joint cost of the process from which X-547 is produced. Which of the above items are relevant in a decision of whether to sell the X-547 as is or process it further into Xylene?
Business
1 answer:
Sphinxa [80]2 years ago
5 0

<u>Solution and Explanation:</u>

The correct answer is I, II, III, and IV

The reason behind is that joint cost is always related to the multifarious products.  Joint expense is the assembling cost brought about on a joint creation process which takes regular sources of info however at the same time delivers various items called joint-items, for example, preparing of raw petroleum at the same time yields gas, diesel, stream fuel, greases and different items.  

So, as to apportion expenses to such joint items, bookkeepers need to utilize an appropriate cost portion technique on a predictable premise. The joint cost alludes to that cost which is brought about before the split-off point on the creation or assembling of numerous items, by expending similar data sources or factors of creation.

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The modified internal rate of return is specifically designed to address the problems associated with: Multiple Choice long-term
tatiyna

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unconventional cash flows.

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Basically it is designed specifically for the non-conventional cash flows

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3 years ago
A second mover: a.is typically ineffective in its response to a first mover. b.attempts to provide a product with greater custom
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Answer:

b. attempts to provide a product with greater customer value than the first mover.

Explanation:

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3 years ago
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The completion of separate depreciation schedules for each of the alternative depreciation methods is as follows:

<h3>a. Straight-line Method:</h3>

Year          Cost         Annual Depreciation     Accumulated      Net Book

                                                                         Depreciation          Value

Year 1     $20,000             $4,455                       $4,455            $15,545

Year 2    $20,000             $4,455                          8,910              11,090

Year 3    $20,000             $4,455                        13,365              6,535

Year 4    $20,000            $4,455                        17,820               2,180

<h3>b. Units-of-production Method:</h3>

Year          Cost         Annual Depreciation     Accumulated      Net Book

                                                                         Depreciation          Value

Year 1     $20,000             $7,128                         $7,128            $12,872

Year 2    $20,000            $5,346                         12,474               7,526

Year 3    $20,000            $3,564                        16,038               3,962

Year 4    $20,000            $1,782                         17,820               2,180

<h3>c. Double-declining-balance Method:</h3>

Year          Cost         Annual Depreciation     Accumulated      Net Book

                                                                         Depreciation          Value

Year 1     $20,000             $10,000                       $10,000         $10,000

Year 2    $20,000              $5,000                          15,000            5,000

Year 3    $20,000             $2,500                           17,500            2,500

Year 4    $20,000                $320                           17,820             2,180

<h3>Data and Calculations:</h3>

Cost of asset = $20,000

Residual value = $2,180

Depreciable amount = $17,820 ($20,000 - $2,180)

Estimated productive life = 4 years or 9,900 hours

<h3>Annual depreciation rates:</h3>

Straight-line method = $4,455 ($17,820/4)

Units-of-production Method per unit = $1.8 ($17,820/9,900)

Double-declining-balance Method rate = 50% (100/4 x 2)

Learn more about depreciation methods at brainly.com/question/25806993

#SPJ1

3 0
1 year ago
Bonita Industries had the following bank reconciliation at March 31, 2020: Balance per bank statement, 3/31/20 $74600 Add: Depos
drek231 [11]

Answer:

$50,400

Explanation:

Cash Balance as per bank statement                        $62,900

[$69700+$25300-$20400+$87600-$99300]

Less: Outstanding checks at April 30, 2020              <u>$12,500</u>

Adjusted Cash balance per bank                               <u>$50,400</u>

So, the cash balance per books at April 30, 2020 is $50,400

5 0
3 years ago
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