I need help please !!!!!

The following information is for S&P Enterprises for the month of September: Direct materials $82,000 Direct labor $51,000 V

prisoha [69]

Answer and Explanation:

The computation of the total period cost is shown below:

Variable selling expense $16,000

Fixed selling expense $15,000

Variable administrative expense $6,000

Fixed administrative expense $18,000

Total period Cost $51,000

ANd, the total fixed cost is

Fixed Manufacturing overheads $30,000

Fixed selling expenses $15,000

fixed admin expenses $18,000

Total fixed cost $63,000

We simply added all the above items

7 0

3 years ago

Assuming that Borland retires shares it reacquires, record the appropriate journal entry for each of the following transactions:

KiRa [710]

Answer:

The first transaction is that 10 million shares are being reacquired at 32.50 per share so we need to find out how much cash is spent to buy these shares.

32.5*10 million = $325 million

We will debit treasury stock and credit cash because the company is buying shares from the market and paying cash

The second transaction is reacquiring 10 million shares at 36 per share so we need to find how much cash is spent

10 million *36= $360 million

We will debit treasury stock and credit cash because the company is buying shares from the market and paying cash

In the third transaction 1 million shares are being sold for 42, so need to figure out how much cash the company gets from the transaction

42* 1 million = 42 million

We will debit cash and credit common stock as the company is issuing shares to the market and getting cash for it

In the fourth transaction 1 million shares are being sold for 36, so need to figure out how much cash the company gets from the transaction

36* 1 million = 36 million

We will debit cash and credit common stock as the company is issuing shares to the market and getting cash for it

Journal entries

Debit Credit

Treasury stock 325 million

Cash 325 million

Treasury stock 360 million

Cash 360 million

Cash 42 million

Common stock 42 million

Cash 36 million

Common stock 36 million

Explanation:

5 0

3 years ago

What is the typical number of payments that can be made toward paying off a revolving credit loan?

lara [203]

THE ANSWER IS UNLIMITED

6 0

3 years ago

Read 2 more answers

g Compare and contrast a four Ps approach to marketing versus the value approach (creating, communicating, delivering and exchan

abruzzese [7]

Answer:

The 4Ps are Product, Pricing, Promotion, Place.

Explanation:

Thinking about it carefully, one would note that there is really nothing to contrast between the value approach which is Creating, Communicating, Delivering and Exchanging Value.

Let's make the comparisons:

Products and Services are Created. It's impossible to have a product or service that is not created.

The inherent quality of a Utility or Product or Service is that they are value which is Created. So in describing the marketing approach, one can use both interchangeably.

Pricing vs Exchanging Value

Again there is a parallel here. Price is the value you have put on your product or service. Without price, it's difficult to exchange value. Again in the marketing process/approach, it's difficult to separate the two. In both approaches, pricing and Exchanging Value as steps in the marketing approach can be used interchangeably.

Communicating vs Promotion

This is also another parallel. Promotion is simply another way to communicate the value of your product. Both are really not different.

Delivering Value vs Place

Place under the 4 Ps approach speaks to the location where the product is delivered. Again it's clear to see that both cannot be separated.

In conclusion, assuming all factors are the same and held constant between two companies A and B, if company A follows the 4Ps approach and company B follows the Value approach, they are most likely to arrive at the same results.

Cheers!

5 0

3 years ago

In the recent past, the government has attempted to stimulate the economy by sending tax refunds to individual people so that th

blondinia [14]

Answer:

The correct answer to the following question will be "Consumption".

Explanation:

Investments, welfare spending, consumer spending are essential elements of GDP. That tells them what a nation is doing well. For every year, GDP is the world's total economic production.

Expenditure on resources consumption includes:

Durable goods (Furniture, cars, etc).
Non-durable goods (Oils. clothing, etc).
Services (Education, health, etc).

Therefore, it's the right answer.

3 0

3 years ago