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3 years ago

The following jobs are waiting to be processed at the same machine center. Jobs are logged as they arrive:

Business

1 answer:

Anvisha [2.4K]3 years ago

3 0

Answer:

The average job lateness for the sequence developed is 328 days

Explanation:

Given that the initial work day is base on day 275, the following is going to be the new sequence of the given jobs:

Job Due Date

A 318 5

B 317 3

C 320 8

D 327 16

E 364 40

Therefore, the average job lateness is calculated as follows:

(318+317+320+327+364)/5=328 Days

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Presented below are three independent situations:

Blababa [14]

Answer:

Explanation:

June 30, 2018

Dr Bonds Payable $250,000

Dr Loss on Redemption of bonds $25,500

Cr Discount on Bonds Payable $20,500

Cr Cash $255,000

Supporting calculations:

Discount on Bonds Payable = 250,000 - 229,500 = $20,500

Cash = $250,000*102/100 = $255,000

Loss on redemption of bonds = $255,000+$20,500-$250,000 = $25,500

June 30, 2018

Dr Bonds Payable $200,000

Dr Discount on Bonds Payable $3,500

Cr Gain on Bond Redemption $9,500

Cr Cash $194,000

Supporting calculations:

Discount on Bonds Payable = 200000-196500 = $3500

Cash = 200000*97% = $194,000

Gain on Bond Redemption = $200,000 + $3,500 - $194,000 = $9,500

31 Dec

Dr Bonds Payable $30,000

Cr Common Stock $6000

Cr Paid in capital in excess of par-Common Stock $24000

Common Stock = 30000/1000*$5*40 shares = 6,000

4 0

3 years ago

On January 1, 2021, Bangle Company purchased 30% of the voting common stock of Sleat Corp. for $1,100,000. Any excess of cost ov

skad [1K]

Answer:

$1,058,000

Explanation:

Calculation to determine the balance in the investment account on December 31, 2021

Using this formula

December 31, 2021 Balance in the investment account=Voting common stock-Net loss-Dividends

Let plug in the formula

December 31, 2021 Balance in the investment account=$1,100,000 -(30%*$112,000)-(30%*$28,000)

December 31, 2021 Balance in the investment account=$1,100,000 - $33,600 - $8,400

December 31, 2021 Balance in the investment account=$1,058,000

Therefore the balance in the investment account on December 31, 2021 is $1,058,000

5 0

3 years ago

Craigmont Company's direct materials costs are $4,200,000, its direct labor costs total $8,080,000, and its factory overhead cos

USPshnik [31]

Answer:

$12,280,000.

Explanation:

All the direct costs involved in the manufacturing of a product except fixed cost is called prime cost e.g direct material, direct labor etc.

Direct Material = $4,200,000

Direct labor = $8,080,000

Total Prime cost = Direct material + Direct labor = $4,200,000 + $8,080,000 = $12,280,000

Overhead costs are not classified as the prime cost because these are indirect costs.

4 0

3 years ago

Slow 'n Steady, Inc., has a stock price of , will pay a dividend next year of , and has expected dividend growth of per year

wlad13 [49]

Answer:

Slow 'and Steady cost of equity capital is <u>11%</u>.

Explanation:

Note: The question is not complete as the important data are committed. The full question is therefore provided before answering the question as follows:

Slow n' steady Inc, has a stock price of $30, will pay a dividend next year of $3, and has expected dividend growth of 1% per year. what is your estimate of slow n steady's cost of equity capital?

The explanation to the answer is now given as follows:

The cost of equity can be calculated using the Gordon growth model (GGM) formula for calculating current stock price

The GGM has the assumption that there will be a stable dividend growth rate year after year forever.

Tje GGM formula is given as follows:

P = d1 / (r - g) ……………………………………… (1)

Where;

P = Current share price = $30

d1 = Next year dividend = $3

r = Required rate of return or cost of equity = ?

g = Expected dividend growth rate = 1%, or 0.01

Substituting the values into equation (1) and solve for r, we have:

30 = 3 / (r - 0.01)

r - 0.01 = 3 / 30

r - 0.01 = 0.10

r = 0.10 + 0.01

r = 0.11, or 11%

Therefore, Slow 'and Steady cost of equity capital is <u>11%</u>.

5 0

3 years ago

What is the primary difference between goods and services?

Pani-rosa [81]

Answer:

Explanation:

usually goods are physical product created to satisfy the needs and wants of costumers while services are not physical product but actions that people do to assist other people.

6 0

4 years ago