All categories

2 years ago

True or False statements in attachment

Business

1 answer:

IrinaVladis [17]2 years ago

8 0

Answer:

1. true

2.false , it not a factor

3.false, it can refer to mental calculations too

4.false only natural

5.true

please mark brainliest

You might be interested in

Fillmore Industries is a vertically integrated firm with several divisions that operate as decentralized profit centers. Fillmor

Fittoniya [83]

Answer:

Fillmore Industries

Fillmore's Systems Division

1. Minimum and Maximum Transfer Prices:

PCB Transistor

Minimum transfer

price $12.00 $3.45

Maximum transfer

price $12.09 $3.58

2. Yes. The Transistor Division can meet this price. It can sell at $2.60 (Variable cost plus markup) by eliminating the fixed cost, which is not a relevant cost.

3. A transfer price of $11 reduces the profitability of the Transistor Division while it increases the profitability of the other division. The transfer price should be a market-competitively determined price to encourage efficiency in the divisions.

Explanation:

a) Data and Calculations:

PCB Transistor

Direct materials 1,85 0,40

Direct labor 4,20 0,90

Variable overhead 2,40 0,70

Fixed overhead 0,85 0,75

Total Cost 9,30 2,75

Marked up Price $12.09 $3.58

Minimum transfer

price $12.00 $3.45

Maximum transfer

price $12.09 $3.58

Market price $12.00 $3.45

5 0

3 years ago

WHY WONT SOMEONE HELP MEEEEEEEE!!!!!!!!!!!!!!!!!!!!!!!! A business owner is aware that the Department of Labor has created rules

Olin [163]

The Correct Answer is: A.)

6 0

3 years ago

Exercise 11-1 (Algo) Depreciation methods [LO11-2] [The following information applies to the questions displayed below.] On Janu

Dvinal [7]

Answer:

Straight line depreciation expense each year of the useful life would be $9,600

The double declining method

Deprecation expense in December 2021 = $20,800

Depreciation expense in 2022 = $12,480

Depreciation expense in 2023= $7488

Depreciation expense in 2024 = $4,492.80

Deprecation expense in 2025 = $2695.68

Explanation:

Straight line depreciation method = (Cost of asset - Salvage value) / useful life

Cost of asset = $52,000

Salvage value = $4,000

Useful life = 5

($52,000 - $4,000) / 5 = $9,600

The straight line depreciation method allocates the same deprecation expense for each year of the useful life of the asset.

So the deprecation expense each year would be $9,600.

Double declining depreciation method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life)

2 × (1/5) = 0.4

Deprecation expense in December 2021 = 0.4 x $52,000 = $20,800

Net book value = $31,200

Depreciation expense in 2022 = 0.4 x $31,200 = $12,480

Net book value = $31,200 - $12,480 = $18,720

Depreciation expense in 2023 = 0.4 x $18,720 = $7488

Net book value = $18,720 - $7488 =$11,232

Depreciation expense in 2024 = 0.4 x $11,232 = $4,492.80

Net book value = $11,232 - $4,492.80 = $6,739. 20

Deprecation expense in 2025 = 0.4 × $6,739. 20 = $2695.68

I hope my answer helps you

3 0

3 years ago

The government tax for a sole proprietorships and a partnership is classified under

guapka [62]

Answer:

the answer is personal income

7 0

3 years ago

Read 2 more answers

Sherman paid a cash dividend of $3.25 per share. At year-end, Sherman stock was selling for $37.50 per share.Prepare Blue's jour

Ulleksa [173]

<u>Complete question:</u>

Fairbanks Corporation purchased 400 shares of Sherman Inc. common stock as an investment in trading securities for $13,200. During the year, Sherman paid a cash dividend of $3.25 per share. At year-end, Sherman stock was selling for $34.50 per share. Prepare Fairbanks's journal entries to record (a) the purchase of the investment, (b) the dividends received, and (c) the fair value adjustment

<u>Solution:</u>

Given,

Total shares = 400

Trading securities = $13,200

Cash dividend = $3.25 per share

Sales price of stock = $34.50 per share

Note: The image attached shows the journal entries of all the transactions.

Dividend revenue is $400\times \$3.25=\$1300$

Fair value adjustment is $[(400\times \$34.50)-\$13,200]$

The above values are entered in the journal transaction.

6 0

3 years ago

True or False statements in attachment​

True or False statements in attachment