Answer:
The accounts to use for transactions is shown below. it also indicates which transaction is placed either in the debit or credit side.
Explanation:
Solution
Accounts Debited Accounts Credited
a. Utilities Expense Utilities Payable
b. Utilities Payable Cash
c. Prepared insurance Cash
d. Insurance Expense Prepared insurance
e. Cash Unearned Cash
f Unearned Fees Fees Earned
g. Office supplies Cash, Accounts Payable
h Cash Notes Payable
i Interest Expense Interest Payable
j Depreciation Expense-Office
(Office Equipment) Accumulated Depreciation
(Office Equipment)
Answer:
$19
Explanation:
Data provided
Direct material = $18
Direct labor = $14
Variable overhead = $12
Offered price from outside supplier = $25
The calculation of Bonita Industries save is shown below:-
Total cost of production = Direct material + Direct labor + Variable overhead
= $18 + $14 + $12
= $44
Savings = Total cost of production - Offered price from outside supplier
= $44 - $25
= $19
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Answer: Variable cost; should be considered
Explanation:
For a nail salon, the costs associated with the purchase of nail polish and other products like polish remover and disposable flip flops are examples of variable costs. These should be considered when building a MCS.
Variable costs are the costs that varies with production. They are the opposite of fixed costs which are fixed. The nail polish and other products like polish remover and disposable flip flops are variable costs because the amount that'll be bought depends on the available customers and therefore isn't fixed.
Answer:
7.58m
Explanation:
The VelSad is considering to acquire Po, Inc. by offer of 20 million cash or either 44% holding. The cost of acquisition refers to all cost incurred by a company to acquire another company. The benefit VelSad can get after acquiring Po, Inc is that it can save marketing and administrative cost by $560,000 every year. The cost of stock offer is 7.58 million. This is calculated by taking 44% of VelSad value and then discounting it at cost of capital which is 10%.
