What are you asking in this question I’m just confused, could you write it in the comments
C. It is sometimes difficult for partners to agree on every business decision.
Answer:
Kindly see attacked picture
Explanation:
Elliott Engines Inc. produces three products—pistons, valves, and cams—for the heavy equipment industry. Elliott Engines has a very simple production process and product line and uses a single plantwide factory overhead rate to allocate overhead to the three products. The factory overhead rate is based on direct labor hours. Information about the three products for 20Y2 is as follows: Budgeted Volume (Units) Direct Labor Hours Per Unit Price Per Unit Direct Materials Per UnitPistons 5000 0.50 $45 $8 Valves 12,500 0.30 17 3Cams 1,500 0.20 60 40 The estimated direct labor rate is s30 per direct labor hour Beginning and ending inventories are negligible and are, thus, assumed to be zero. The budgeted factory overhead for Elliott Engines is $163,750 If required, round all per unit answers to the nearest cent a. Determine the plantwide factory overhead rate. per dih b. Determine the factory overhead and direct labor cost per unit for each product.
Kindly check attached picture for solution
Answer:
The activity that will expose Baldwin to the most risk of needing an emergency loan is:
Retires $20,000 (000) in long-term debt
Explanation:
If Baldwin wants to retire the long-term debt of $20 million, it requires an emergency loan because the available cash is not enough to settle the long-term debt. Emergency loans charge higher interest rates. Given the risk of debt default, putting itself in the position of having to retiring $20 million at a time is not so palatable. Such long-term debts are better retired with long-term finance sources, like issuing shares.