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grandymaker [24]
3 years ago
12

Information for Pidris Metalworks as of December 31 follows. Prepare (a) the company's schedule of cost of goods manufactured fo

r the year ended December 31; (12 Points).(b) prepare the company's income statement that reports separate categories for selling and general and administrative expenses. (12 Points).
Business
1 answer:
Julli [10]3 years ago
7 0

Answer: hello your question is incomplete attached below is the missing data. ( first image )

answer:

Attached below

Explanation:

A) company's schedule of cost of goods manufactured for year ended

attached below is the required schedule ( second Image )

B) Company's income statement

attached below is the company's income statement ( Image 3 and 4 )

You might be interested in
The following data pertain to an investment proposal: Required investment $75,000 Annual cash savings $18,000 Projected life of
ehidna [41]

Answer:

Explanation:

Using a financial calculator, input the following using CF function;

Initial Investment ; CF0 = -75,000

Yr1 cashflow ; C01 = 18,000

Yr2 cashflow ; C02 = 18,000

Yr3 cashflow ; C03 = 18,000

Yr4 cashflow ; C04= 18,000

Yr5 cashflow ; C05 = 18,000

Yr6 cashflow ; C06 = 18,000

Yr7 cashflow ; C07 = 18,000

Yr8 cashflow ; C08 = 18,000 +4,000 = 22,000

Required rate of return = 16%

then compute Net present value by keying in NPV, CPT = $4,404.74

5 0
3 years ago
According to federal regulations, an IRB must have at least two community members to fulfill membership requirements; one member
kozerog [31]

Answer:

False

Explanation:

According to federal regulations each IRB shall have at-least 5 members, further, there shall be at-least one member with scientific expertise and one member with no expertise in science.

Total number shall not fall below 5 members.

Here it states, to have at-least two members are require to fulfill the requirement of membership. Thus, the above statement is false.

In case it is talking about only about the character being scientific expertise or not then it is true.

But total members are 5 and not 2 thus statement is false.

4 0
4 years ago
Credit risk measures using the structural model: assume a company has the following characteristics.
Alexeev081 [22]

Answer:

a ) Probability of default of debt over the time to maturity is 12.92%

(b ) Expected loss: $39.53

(C ) Present value of expected loss is $45.59

Explanation:

a ) Probability of default of debt over the time to maturity is 12.92%

(b ) Expected loss: $39.53

(C ) Present value of expected loss is $45.59.

Values calculated as shown in my detailed step by step answer at the attachment.

please kindly refer to attachment.

4 0
3 years ago
Logan purchased a rental home and lot for $150,000. Her expenses totaled $5,000. Lots in the area sell for approximately $10,000
lana [24]

Answer:

The correct response is "145,000 ".

Explanation:

The given values are:

Purchased cost,

= $150,000

Expenses,

= $5,000

Selling cost,

= $10,000

Now,

Logan's basis for depreciation will be:

= Purchased \ cost+Expenses-Selling \ cost

On putting the values, we get

= 150000+5000-10000

= 155000-10000

= 145,000 ($)

3 0
3 years ago
Kimberly-Clark developed its Avert Virucidal tissues that contained vitamin C derivatives, which were scientifically designed to
kicyunya [14]

Answer:

<em>Explained below !</em>

Explanation:

<em>The major cause for the failure of the product was</em> its absence of a product protocol that directly explains the way through which it will satisfy the customers needs and wants.

The company should have re-checked the product before it was globalized all over, the mistake that was made by the company stood up as a reason of the products failure.

7 0
3 years ago
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