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3 years ago

Consolidation accounting:______

Business

1 answer:

Finger [1]3 years ago

4 0

Answer:

c. combines the accounts of the parent company and those of the subsidiary companies.

Explanation:

Consolidation accounting is the accounting in which the parent company accounts are combined with the subsidiary companies accounts. It can be applied at the time when the parent company takes more than 50% of the shares of the subsidiary company

Therefore as per the given situation, the option c is correct

And, the same is to be considered

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You are preparing to park your cor and you notice that you are near a rorood crossing. You

nikdorinn [45]

Answer:

Its is A

Explanation:

4 0

3 years ago

Fischer Company uses 12,000 units of a part in its production process. The costs to make a part are: direct material, $15; direc

Trava [24]

Answer:

Difference= $60,000 in favor of buying

Explanation:

Giving the following information:

Number of units= 12,000

Make in-house:

Direct material, $15

direct labor, $27

variable overhead, $15

applied fixed overhead, $32

Buy:

Buying price= $60

If Fischer buys the part, 75 percent of the applied fixed overhead would continue.

First, we will calculate the avoidable fixed overhead per unit:

Avoidable fixed overhead= 32*0.25= $8

Now, the total differential cost of making in-house:

Total cost of production= 12,000*(15 + 27 + 15 + 8)

Total cost of production= 12,000*65

Total cost of production= $780,000

Total cost of buying= 60*12,000= $720,000

Difference= $60,000 in favor of buying

4 0

3 years ago

Which company is most easily able to outsource its operations and have its good or service produced in another country

svet-max [94.6K]

Answer:

d. Queen’s Quilts

Explanation:

Options are "Hannah’s Hair Salons, Busker Baseball Team , Darling Dentistry , Penelope’s Fresh Pretzels , Queen’s Quilts"

a. Salons, Dentistry : these are services which cannot be outsourced partly or fully.

b. Baseball team: It is a sports team which cannot operate partly in another country.

c. Pretzels: These are freshly baked pastries or food items which needs to be made fresh , so cannot be outsourced.

d. Quilts: These are textile which can be produced in countries having cheap labor .

4 0

3 years ago

A company with $900,000 in operating assets is considering the purchase of a machine that costs $92,000 and which is expected to

Alex

Answer:

3.83 years

Explanation:

The payback period measures how long it takes for the amount invested in a project to be recovered from the cumulative cash flows.

It is a capital budgeting technique that doesn't account for the time value of money.

Payback period = Cost of asset / cash flows

$92,000/ $24,000 = 3.83 years

I hope my answer helps you

8 0

3 years ago

Read 2 more answers

A company with excess capacity must decide between scrapping or reworking units that do not pass inspection. The company has 19,

ludmilkaskok [199]

Answer:

It is more convenient to rework the units and sell them for the full price.

Explanation:

Giving the following information:

The company has 19,000 defective units.

The units can be:

a) sold as-is for $3.40 each

b) reworked for $4.80 each and then sold for the full price of $8.80 each.

We won't take into account the firsts $5.4 costs because they are irrelevant for the decision-making process.

Sell as-is:

Effect on income= 19,000*3.4= $64,600

Rework:

Effect on income= 19,000*(8.8 - 4.8)

Effect on income= $76,000

It is more convenient to rework the units and sell them for the full price.

5 0

3 years ago