I think that Best Buy would include these requirements in the employment conditions so that prospective new employees will know what is expected of them to be able to choose the times they work, exercise time managment and be as independent as possible.
$410,000 goodwill should be recognized, and $270,000 is Darrow's beginning capital balance.
The implied value of the company is $900,000 ($270,000 ÷ 30%). Because the money is going to the partners rather than into the business, the capital total is $490,000 before realigning the balances. Hence, goodwill of $410,000 is recognized based on the implied value ($900,000 - $490,000). This goodwill is assumed to represent unrealized business gains and is attributed to the original partners according to their profit and loss ratio. They will then each convey 30 percent ownership of the $900,000 partnership to Darrow for a capital balance of $270,000.
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The question is incomplete. Please read below to find the missing content.
Following are the capital account balances and profit and loss percentages (indicated parenthetically) for the William, Jennings, and Bryan partnership:
William (40%) $220,000
Jennings (40%) $160,000
Bryan (20%) $110,000
Darrow invests $270,000 in cash for a 30 percent ownership interest. The money goes to the original partners. Goodwill is to be recorded. How much goodwill should be recognized, and what is Darrow's beginning capital balance?
Answer:
Differential cost of producing Product C = $0
Explanation:
<em>A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost. </em>
<em>Also note that all cost incurred up to the split-off point (the cost of crushing) are irrelevant to the decision to process further . </em>
$
Sales revenue after the split off point (Product C) 58
Sales revenue at the split-off point (Product B <u> 33</u>
Additional sales revenue per unit 25
Further processing cost <u> (25)</u>
Differential cost of Product C <u> 0</u>
Differential cost of producing Product C = $0
<em>
Note that the cost incurred up until the split off point was not included because it is Irrelevant to the decision to process further. It has already been incurred , hence it is a sunk cost</em>
Answer:
period of the sale of the product.
Explanation:
As we know that
When we purchase the product in most cases the product warranty comes along with it
So if there is a case of damage or repair than it would be replaced with the new product
Plus the cost of the product warranty should be included as an expense in the period when the product is sold as it is attached to the product and the same is charged by the customer
