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spayn [35]
3 years ago
9

Pheasant Co. can further process Product B to produce Product C. Product B is currently selling for $30 per pound and costs $28

per pound to produce. Product C would sell for $60 per pound and would require an additional cost of $24 per pound to produce. What is the differential cost of producing Product C
Business
1 answer:
Gnom [1K]3 years ago
3 0

Answer:

differential cost of producing product C = $24 per pound

Explanation:

given data

B  currently selling = $30 per pound

produce cost = $28 per pound

C would sell =  $60 per pound

produce additional cost = $24 per pound

to find out

What is the differential cost of producing Product C

solution

we get differential cost of producing product C is express as

differential cost of producing product C = cost of (B+C) - cost of B   .............1

put here value we get

differential cost of producing product C =  (28+24) - 28

differential cost of producing product C = $24 per pound

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Permanent accounts would not include: a. Accumulated depreciation b. Cost of goods sold. c. Current liabilities d. Inventory
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Answer:

The correct answer is letter "B": Cost of goods sold.

Explanation:

Permanent accounts are those that do not close at the end of a period because their values are measured cumulatively. They include asset, liability, and capital accounts. Permanent accounts are reported in the Balance Sheet. They are the opposite of temporary accounts which are closed period by period.

<em>Asset accounts such as accumulated depreciation and inventories or Liability accounts like current liabilities are considered permanent accounts. Cost of goods sold is considered a temporary account.</em>

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The efficient markets hypothesis says that beating the market consistently is
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Explanation:

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3 years ago
Marquis Company uses a weighted-average perpetual inventory system and has the following purchases and sales:August 2 10 units w
mel-nik [20]

Answer:

COGS= $158.4

Explanation:

Giving the following information:

August 2: 10 units were purchased at $12 per unit

August 18: 15 units were purchased at $14 per unit

August 29: 12 units were sold.

First, we need to calculate the weighted-average purchasing price:

weighted-average purchasing price= [(10*12) + (15*14)]/25

weighted-average purchasing price= $13.2

COGS= 12*13.2= $158.4

5 0
3 years ago
An investor purchases a PQR convertible bond at 98 on June 18, 1994. The bond is convertible at $25, and on June 19, 1995, when
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8 0
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On March 1, the actual cash received from cash sales was $36,006, and the amount indicated by the cash register total was $36,01
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Answer:

Journal Entry

Explanation:

The Journal Entry is shown below:-

Cash Dr,                                 $36,006

Cash short and over Dr,        $4

     ($36,010 - $36,006)      

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(Being cash sales, cash short and over is recorded)

Therefore, to record cash sales, cash short and over we debited cash and cash short and over while credited sales.

5 0
3 years ago
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