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3 years ago

Locating close to suppliers reduces these cost

1 answer:

5 0

Locating close to the raw material supplies can reduce where raw materials are heavy and large quantities are used up in production costs. This is particularly true for industries like steel, which uses large quantities of iron ore in the production process.

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A business maintains subsidiary accounts for each of its customers. On May 15, the business provides services on account: $ 1

PolarNik [594]

Answer:

The journal entry to record this transaction is as follows:

On March 15,

Accounts Receivable − J. Anthony A/c Dr. $1,600

Accounts Receivable − A. Martin A/c Dr. $4,200

Accounts Receivable −S. Lee A/c Dr. $1,500

To service revenue $7,300

(To record the accounts receivables)

3 0

3 years ago

If you purchase a straddle on euros, this implies that you: A) finance the purchase of a call option by selling a put option in

Elena L [17]

Answer:

The correct answer is E) None of the above.

Explanation:

when you purchase a straddle on euros, this means you simultaneously buy a call option and a put option on the same common stock on euros bearing a similar expiration date, and the same place where the security can be bought and sold. What this means is, you tend to make a profit once the common stock makes a sharp move. Normally, call options give investors the liberty to sell stock expecting a rise in price, while a put option gives the investors want to sell their stock because they predict a fall in price. These two option contracts aim at making investors make profits.

8 0

2 years ago

Swifty, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 50 range instruments

aniked [119]

Answer:

Material handling= $37 per requisitons

Setups= $54 per setup

Inspections= $48 per inspection

Explanation:

Giving the following information:

Activities - Cost Drivers - total cost

Materials handling - Number of requisitions - $38,850

Machine setups - Number of setups - $26,190

Quality inspections - Number of inspections - $23,520

Number of requisitions= 1,050

Number of setups= 485

Number of inspections= 490

To calculate the estimated manufacturing overhead rate we need to use the following formula for each activity cost pool:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Material handling= 38,850/1,050= $37 per requisitons

Setups= 26,190/485= $54 per setup

Inspections= 23,520/490= $48 per inspection

7 0

3 years ago

Capitalization of interest is adding accrued

Anon25 [30]

It is true that capitalization of interest is adding accrued interest to the principal balance, so that the interest-bearing principal balance of the loan increases.

<h3>What is interest capitalization?</h3>

This is when an unpaid interest is rolled over with the principal amount, which increase the overall amount to be paid. It is the inclusion of an unpaid interest to the principal balance of the loan taken.

Hence, Capitalization of interest is adding accrued interest to the principal balance, so that the interest-bearing principal balance of the loan increases.

Learn more about interest capitalization here: brainly.com/question/417585

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6 0

2 years ago

Firm A issued a $1,000,000 bond with a 20-year term at a discount. If the remaining amount of the discount on bonds payable is $

oksano4ka [1.4K]

Answer:

Loss of $200,000

Explanation:

Carrying value of bond = $1,000,000 - $100,000

Carrying value of bond = $900,000

Cash paid on bonds = $1,100,000

Loss on bond = Cash paid on bonds - Carrying value of bond

Loss on bond = $1,100,000 - $900,000

Loss on bond = $200,000

8 0

3 years ago