Answer:
Part A
1) Total amount of oats allowed = 960000*16 = 15360000 ounce
2) Total amount of labor hours allowed
= 960000*.04 = 38400 Hours
Part B :
1) Total amount of oats allowed = 750000*17 = 12750000 ounce
2) Total amount of labor hours allowed
= 750000*.04 = 30000 Hours
Explanation:
The break even units is 20,000 units
<u>Explanation:</u>
<u>Firstly, the break even units needds to be calculated and is as follows:</u>
Selling price per unit = $50.00
variable costs = $30.00
Contribution Margin per unit = $20.00
BEP units = Fixed cost by contribution margin per unit
Fixed overhead = $400000
Contribution margin = $20
BEP = 20000 units
where : BEP = Break even units
Therefore, the break even units will be at 20000 units.
As per the given options in the question, the option C is the correct option.
Answer:
A. debit to Patent for 10,000FC multiplied by the current exchange rate.
Explanation:
Since the excess of cost over book value was 10,000FC and this excess was traceable to a 10-year patent.
The elimination entry to amortize the excess will include a debit to Patent for 10,000FC multiplied by the current exchange rate assuming the foreign entity's local currency is its functional currency.
Answer:
El seguro de vida protege financieramente a su familia y a otras personas que dependen de sus ingresos. Si usted tiene un seguro de vida, éste hará pagos después de que usted fallezca a la persona que usted designe en su póliza. Esta persona es llamada su beneficiario. Usted puede nombrar a más de un beneficiario. Sus beneficiarios pueden usar el dinero para pagar facturas y otros gastos de la vida diaria, pagar deudas, pagar la universidad y otras cosas. Algunos tipos de seguros de vida también generan ahorros que usted puede utilizar durante su vida.
Answer:
Dividend declare has no impact on the SMA. RR would respond the following way.
Explanation:
SMA is known as “Special Memorandum Account”. It is simply a line of credit, neither cash nor equity. It is created with the market value of the securities increase in the value. The purpose of SMA is to maintain the buying power that is provided by unrealized gains towards the subsequent purchases. SMA is an appropriate way to maintain stable account value and minimize unnecessary accounts funding.
SMA increases with the increase in the value of the security, but does not decrease when the security falls in the value.
SMA is increased by the transactions such as cash deposits, interest income or dividend received or security sales. Dividend declared by the company creates a positive sentiments in the minds of investors. However, it will not create any impact on the SMA account, until it is actually received.
