Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
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Answer:
the net impact on these items is $5,000 gain
Explanation:
The computation of the net impact on these items is as follows;
Net effect is
= Gain - Loss - suspended loss
= $50,000 - $15,000 - $40,000
= $5,000 gain
hence, the net impact on these items is $5,000 gain
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Elena is not correct in the two situations.
<h3>What is the effective annual rate?</h3>
Effective annual rate is the interest rate when the effects of compounding is taken account for. In order to determine if Elena is correct, the effective annual rate has to be calculated.
Effective annual rate = (1 + APR / m ) ^m - 1
M = number of compounding
(1 + 0.12 / 12)^12 - 1 = 12.68%
(1 + 0.12 / 2)^2 - 1 = 12.36%
To learn more about the effective annual rate, please check: brainly.com/question/4064975
Answer:
c. $2.50
Explanation:
Calculation to determine The unit relevant cost per unit for Seymour's decision is
Unit relevant cost per unit=Variable cost/Number of banton units manufacture
Let plug in the formula
Unit relevant cost per unit=$750,000/350,000 units
Unit relevant cost per unit=$2.50
Therefore The unit relevant cost per unit for Seymour's decision is $2.50
