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trapecia [35]
3 years ago
11

You have applied for a job at a company you would really like to work for. You passed the first round of telephone interviews an

d have been invited to the corporate headquarters for a series of face-to-face interviews. Discuss the steps you would take to prepare for those interviews.
Business
1 answer:
Ray Of Light [21]3 years ago
4 0

Answer:

Study

Explanation:

I really don't know...

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Minor Company installs a machine in its factory at the beginning of the year at a cost of $135,000. The machine's useful life is
Karo-lina-s [1.5K]

Answer:

The answer is E. $24,000

Explanation:

Straight line depreciation method equals

Cost of asset - salvage value / number of years.

Cost of asset is $135,000

Salvage value is $15,000

Number of years is 5 years

$135,000 - $15,000/5 years

$120,000/5 years

=$24,000

Straight line method of depreciation has equal amount all through the year.

The first year through it end life.

Therefore, machines' first year depreciation under the straight-line method is $24,000

6 0
3 years ago
JTM Ltd incurs costs of $16 per unit ($12 variable, $4 fixed) for a widget it sells for $22. JTM has received two special offers
Mademuasel [1]

Answer:

We must analyze the potential benefits of choosing one order or the other one:

Current JTM costs:

  • $12 variable per unit
  • $4 fixed per unit

If JTM accepts Firm A's order its fixed costs will not vary and it will be able to increase its profits by: ($17 - $12) x 10,000 = $50,000

Since JTM doesn't have the capacity to fulfill Firm B's order with their current cost structure, if it decides to take it, its variable or fixed costs (we don't know which) will probably increase, so its contribution margin will no longer be $5, as with Firm A's order, but will probably be lower. We are not told by how much the costs would increase.

The third alternative is to accept Firm B's offer and not sell 2,000 units through its normal distribution channels, but that would result in an increase in profits but also loss of normal profits:

($5 x 14,000 units) - ($6 x 2,000 units for the lost normal profits) = $70,000 -  $12,000 = $58,000. If JTM is able to cancel the sale of 2,000 units, then Firm B's offer would increase its profits by $58,000, $8,000 more than Firm A's order, but it depends on its ability to cancel or not the normal sales.

3 0
3 years ago
ABC Corporation uses the weighted-average method in its process costing system. The Molding Department is the second department
Sveta_85 [38]

Answer:

$9.94

Explanation:

Equivalent unit of conversion cost = 56,800 + (7,300*40%)

Equivalent unit of conversion cost = 56,800 + 2,920

Equivalent unit of conversion cost = 59,720 unit

Total cost of conversion = $34,558 + $559,254

Total cost of conversion = $593,812

Cost per equivalent unit of conversion = Total cost of conversion / Equivalent unit of conversion cost

Cost per equivalent unit of conversion = $593,812 / 59,720 units

Cost per equivalent unit of conversion = $9.9432686

Cost per equivalent unit of conversion = $9.94

4 0
3 years ago
Which of the following is not true of depreciation accounting?
tekilochka [14]

Answer:

B. Depreciation allocates replacement values as part of the matching of revenues and expenses.

Explanation:

Depreciation allocates replacement values as part of the matching of revenues and expenses is not entirely true about depreciation accounting.

6 0
3 years ago
Beautiful Lawns Company estimates its doubtful accounts by aging its accounts receivable and applying percentages to various age
Nadusha1986 [10]

Answer:

The correct answer is C

Explanation:

The bad debt expense is the expense which is related to the current asset accounts receivable of the company. It is also recognized as the uncollectible accounts expense, which could not collected by the company in the near future.

It result when the company delivered the goods and services on credit and the customer did not paid the amount owed.

So, computing the bad debt expense as:

Bad debt expense = Estimated doubtful account - Credit balance of Allowance for doubtful accounts

= $3,600 - $600

= $3,000

ebts expense is related to a company's current asset accounts receivable. Bad debts expense is also referred to as uncollectible accounts expense or doubtful accounts expense. Bad debts expense results because a company delivered goods or services on credit and the customer did not pay the amount owed.

6 0
3 years ago
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