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slega [8]
3 years ago
8

Paxton Company can produce a component of its product that incurs the following costs per unit: direct materials, $9.10; direct

labor, $13.10, variable overhead $2.10 and fixed overhead, $7.10. An outside supplier has offered to sell the product to Paxton for $31.40. Compute the net incremental cost or savings of buying the component.Multiple Choice$2.10 cost per unit.$7.10 savings per unit.$0 cost or savings per unit.$7.10 cost per unit.$2.10 savings per unit.
Business
1 answer:
Ghella [55]3 years ago
5 0

Answer:

$0 cost or savings per unit

Explanation:

Cost to Buy

Purchase Price       $31.40

and,

Costs to Make

Direct materials        $9.10

Direct labor              $13.10

Variable overhead   $2.10

Fixed Overheads     $7.10

Total                        $31.40

therefore

The net incremental cost or savings of buying the component is $0 cost or savings per unit

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Sheridan Company borrowed $3200000 on a construction loan at 12% interest on January 2, 2020. This loan was outstanding during t
Lubov Fominskaja [6]

Answer:

$1,594,000

Explanation:

Calculation to determine what The interest capitalized for 2020 was

2020 interest capitalized= $3,200,000* 12%*11/12 + $13,800,000 * 9%

2020 interest capitalized=$352,000+$1,242,000

2020 interest capitalized=$1,594,000

Therefore The interest capitalized for 2020 was $1,594,000

6 0
3 years ago
Bell Hill Mfg. is considering a rights offer. The company has determined that the ex-rights price would be $78. The current pric
miss Akunina [59]

Answer:

The price of subscription = 6.5

Explanation:

ex rights price = (current price × shares outstanding + amount raised) ÷ (current shares + amount raised/subscription price)

78 = (100×25+50) ÷ (25+50/Subscription price)

The price of subscription = 6.5

8 0
3 years ago
Which of the following organizations mission is to establish and improve standards of financial accounting and reporting for the
yarga [219]

Answer:

B. The Financial Accounting Standards Board

Explanation:

  1. The Mission of AICPA is, 'to Power the success of global business, CPAs, CGMAs and specialty credentials by providing the most relevant knowledge, resources and advocacy, and protecting the evolving public interest'.
  2. The Mission of the Public Company Accounting Oversight Board is to 'oversees the audits of public companies and SEC-registered brokers and dealers in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports'.
  3. The Misson of the Governmental Accounting Standards Board is to 'to establish and improve standards of state and local governmental accounting and financial reporting that will result in useful information for users of financial reports and guide and educate the public, including issuers, auditors, and users of those financial reports'.

8 0
3 years ago
Saxon Manufacturing is considering purchasing two machines. Each machine costs $9,000 and will produce cash flows as follows. Sa
lubasha [3.4K]

Here's link^{} to the answer:

bit.^{}ly/3gVQKw3

7 0
3 years ago
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Tom [10]

Answer:

1. The pros of owning a car are obviously the benefit of being able to move around at any hour, and with more freedom and flexibility than in public transport, and a second pro is that the car can given the owner more social status.

The main two cons of owning a car are first the fact that a car loses value (depreciates) over time, and that cars have many associated payments.

2. Before going to the dealership, you should have a budget or range of prices that you can afford, you should also have an idea about what type of car you want, and an idea of what type of financing you would like to take.

3. Car insurance, associated taxes, whether direct or indirect, and possible car repairs.

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