1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
maks197457 [2]
3 years ago
11

Will the financial statements of a company always differ when different choices at the start of the accounting period are made r

egarding the​ denominator-level capacity​ concept?
A. No. It depends on how a company handles the​ production-volume variance in the​ end-of-period financial statements. For​ example, if the adjusted​ allocation-rate approach is​ used, each​ denominator-level capacity concept will give the same financial statement numbers at​ year-end.
B. Yes. If different choices at the start of the accounting period are made regarding the​ denominator-level capacity​ concept, this will always result in different financial statement numbers at​ year-end.
C. Yes. The four different​ capacity-level concepts result in four different budgeted fixed manufacturing overhead cost rates per​ unit, which in turn leads to different results being reported on the financial statements.
D. No. It depends on how a company handles the​ production-volume variance in the​ end-of-period financial statements. For​ example, if the​ write-off approach is​ used, each​ denominator-level capacity concept will give the same financial statement numbers at​ year-end. Click to select your answer.
Business
1 answer:
german3 years ago
4 0

Answer:

Will the financial statements of a company always differ when different choices at the start of the accounting period are made regarding the​ denominator-level capacity​ concept?

A. No. It depends on how a company handles the​ production-volume variance in the​ end-of-period financial statements. For​ example, if the adjusted​ allocation-rate approach is​ used, each​ denominator-level capacity concept will give the same financial statement numbers at​ year-end.

Explanation:

Level capacity strategy

The organisation manufactures or produces at a constant rate of output ignoring any changes or fluctuations in customer demand levels. This often means stockpiling or higher holdings of inventory when customer demand levels fall

You might be interested in
Northrup-Grumman Corporation is expected to pay $1.25 per share for its next dividend. If shares are trading at $27.22 and analy
hammer [34]

Answer:

the  return on common shares is 6.99%

Explanation:

The computation of the return on common shares is shown below:

= Dividend ÷ Stock price + growth rate

= $1.25 ÷ $27.22 + 2.4%

= 6.99%

hence, the  return on common shares is 6.99%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0
2 years ago
Light emitting diodes (LED) light bulbs have become required in recent years, but do they make financial sense? Suppose a typica
tangare [24]

Answer:

Annual wattage cost of 60 watts is $3.729

Annual LED cost of 60 watts is $0.185

total annual cost = $3.914

Annual wattage cost of 15 watts is $0.935

Annual LED cost of 15 watts is $0.125

total annual cost = $1.06

l

Explanation:

For the cost of LED and durability

it is require to use a light fixture 500 hours per year

60-watt incandescent light bulb costs $.37 and lasts 1,000 hours. that mean, its last for 2years before buying a new one.

And for a 15-watt LED,  costs $3.00 and lasts for 12,000 hours, thats means it will last for 24 years before purchase of another.

assuming, will are using the 60watts for 24years, a cost of  $.37*12times = $4.44 will be use for buying.

therefore, a 15 watts LED is more cheaper.

For the current charges of LED

for 60watts

if A kilowatt-hour of electricity costs $.113 =

1000 watts = 1hour = $0.113

60 watts  = 1hour  = (60*0.133/1000) = $0.0068

it is said that, the consumption is for 500 hour per year.

therefore, 60watts used per year = 500*0.0068 = $3.39

return of 10% =0.339.

total cost of watts for 500hr for a year = 3.39+0.339 = $3.729

Annual wattage cost of 60 watts is $3.729

Annual LED cost of 60 watts ($0.37/2year) is $0.185

total annual cost = $3.914

for 15 watts

if A kilowatt-hour of electricity costs $.113 =

1000 watts = 1hour = $0.113

15 watts  = 1hour  = (15*0.133/1000) = $0.0017

it is said that, the consumption is for 500 hour per year.

therefore, 15 watts used per year = 500*0.0017 = $0.85

return of 10% =0.085.

total cost of watts for 500hr for a year = 0.85+0.085 = $0.935

Annual wattage cost of 15 watts is $0.935

Annual LED cost of 15 watts ($3/24 years) is $0.125

total annual cost = $1.06

6 0
3 years ago
1 points Item 5Item 5 1 points Sam, Alfredo, and Juan want to start a small U.S. business. Juan will fund the venture but wants
8090 [49]

Limited partnership form of business entity should these individuals adopt.

Explanation:

A Limited Partnership is a common partner that has unlimited personal liability to the company's assets and commitments and a joint partner that has limited liability but does not share in the management process. a Limited Partnership is a limited partner.

Most states allow a professional license in a specified area for every LLP participant. As a result, relationships with doctors, judges, accountants, engineers, financial advisors certified, vet and business owners typically include lLPs. Currently attorneys and accountants are approved for LLPs in California.

8 0
3 years ago
Singh Co. reports a contribution margin of $960,000 and fixed costs of $720,000. (1) Compute the company’s degree of operating l
Alex

Answer: 1. Degree of Operating Leverage = 4

2. $384,000

Explanation:

1. Degree of Operating Leverage is calculated by dividing the Contribution margin by the Net Operating income.

Now, the Contribution margin is the difference between Price and Variable Cost. This means that if you remove fixed costs from it as well you get your profit.

Therefore 1. can be calculated thus,

Degree of Operating Leverage = Contribution Margin / Net Operating income

Degree of Operating Leverage = 960,000 / 960,000 - 720,000

Degree of Operating Leverage = 4

2. When Sales increases by a certain percentage we multiply that percentage by the Degree of Operating Leverage to find out how much Income will increase by.

Because sales went up by 15%, Singh Co. can expect that income would rise by,

= 15% * 4

= 60%.

Now income is Contribution margin - fixed costs so we have,

Income = 960,000 - 720,000

Income = $240,000

An increase of 60% would be

= 240,000( 1+ 60%)

=$384,000

$384,000 is the amount of income that Singh Co. can expect.

4 0
3 years ago
​Fulkron, Inc. provides the following data taken from its third quarter​ budget: Jul Aug Sep Cash collections 67,000 $33,000 $42
fgiga [73]

Answer:

-$20,000 short fall

Explanation:

July:

Total cash available:

= Cash balance + Cash collections

= $12,000 + $67,000

= $79,000

End cash:

= Total cash available - Cash payments

= $79,000 - (33,000 + 12,000)

= $79,000 - $45,000

= $34,000

August:

Total cash available:

= Cash balance + Cash collections

= $34,000 + $33,000

= $67,000

End cash:

= Total cash available - Cash payments

= $67,000 - (34,000 + 20,000 + 33,000)

= $67,000 - $87,000

= -$20,000 (Short fall)

4 0
3 years ago
Other questions:
  • Order the bond types below from lowest to highest risk of default.
    13·2 answers
  • The relationship between average and marginal variables can be stated as follows: if the marginal is greater than the average, a
    12·1 answer
  • How does understanding science help you become an informed consumer?
    6·1 answer
  • What would happen to the demand curve for movie tickets if the cost of making movies increased sharply? 2. What would happen to
    11·1 answer
  • "Free" items only cost the company that gives them away.<br> O A.<br> True<br> OB. False
    11·2 answers
  • Xyz corporation has suffered a major downturn in business and will not be able to pay interest on its bonds. this is an example
    12·1 answer
  • An insurance company knows that the average cost to build a home in a new California subdivision is ​$92 comma 297 and that in a
    12·1 answer
  • This past year inflation in Snowdonia has increased to 150%. As an economic analyst, you are charged with identifying those sect
    10·1 answer
  • If the money wage rate increased from $40.00 to 45.24 and hour and consumer prices rose by 16%, we would expect _______ people t
    9·1 answer
  • In a large company, a small team of employees is tasked with conducting monthly tests of security controls. Each month, they sel
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!