Answer:
8.30% is the rate of interest with continuous compounding is equivalent to 8% per annum with monthly compounding
Explanation:
Per annual rate = r = 8% = 0.08
Numer of compounding = m
Compounding Interest rate = ( ( 1 + r / m )^m ) - 1
Compounding Interest rate = ( ( 1 + 0.08 / 12 )^12 ) - 1
Compounding Interest rate = 0.0829995
Compounding Interest rate = 0.083
Compounding Interest rate = 8.30%
So, 8.30% is the rate of interest with continuous compounding is equivalent to 8% per annum with monthly compounding.
Answer:
The correct answer is letter "C": natural gas refinery.
Explanation:
Process cost systems are used by companies which production process go through several steps manufacturing large batches of homogeneous products. Process costing uses a Work-In-Progress (WIP) account for the progress of the production. Typical examples of industries that use the process costings system are petroleum and paint.
A process cost system would be appropriate for a jet airplane builder and natural gas refinery.
A process cost system would be most appropriate for a jet airplane builder and natural gas refinery. Both of these industries involve the production of a large number of identical units and require the accumulation of costs by department or process.
In a jet airplane builder, each department would be responsible for a specific process such as assembling the fuselage, attaching the wings, or installing the engine. The costs incurred in each department, such as labor, materials, and overhead, would be accumulated separately to determine the total cost of producing each airplane.
In a natural gas refinery, the production process involves multiple stages such as separating impurities, distillation, and purification. Each stage would have its own associated costs, and a process cost system would allow for the tracking and allocation of costs to each stage.
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2. A freebie or promotional discount
3. A defensive remark
4. An alternative product
Answer:
1. A statement of company policy regarding refunds
Explanation:
A statement of company policy regarding refunds would give clarity to the customer on the reason why the request for refund was denied.
Answer:
Most of the question is missing, so I looked for a similar one and found the attached image.
CPI = (current year price × base year quantity) / (base year price × Base year quantity)
CPI for bread in current year = [($1.50 × 2,000) / ($1 × 2,000)] x 100 = 150
CPI for laptops in current year = [($1,500 × 100) / ($2,000 × 100)] x 100 = 75
CPI for movies in current year = [($7 × 50) / ($5 × 50)] x 100 = 140
CPI for current year = (CPI for bread x weight of bread) + (CPI of laptops x weight of laptops) + (CPI of movies x weight of movies) = (150 x $2,250/$227,530) + (75 x$225,000/$227,530) + (140 x $280/$227,530) = 1.48 + 74.17 + 0.17 =75.82
To calculate the CPI in 2008 using 2004 as the base year, compare the prices of the three goods (bread, laptops, and movies) in 2008 to their prices in 2004. Multiply the price of each good by the quantity consumed to calculate the cost of the basket in each year. Divide the cost of the basket in 2008 by the cost of the basket in 2004 and multiply by 100 to get the CPI.
The CPI (Consumer Price Index) measures the change in the prices of a fixed basket of goods and services over time. To calculate the CPI in 2008 using 2004 as the base year, you need to compare the prices of the three goods (bread, laptops, and movies) in 2008 to their prices in 2004. Here's how you can calculate the CPI:
For example, if the cost of the basket in 2008 is $100 and the cost of the basket in 2004 is $80, the CPI would be (100/80) * 100 = 125.
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B) They are not easily predicted from historical financial statements of a firm and its competitors.
C) These earnings are not actual cash flows.
D) They do not tell how the decision affects the firm's reported profits from an accounting perspective.
Answer and Explanation:
C) These earnings are not actual cash flows.
If viewed from a flow standpoint, the stage of configuration management that has provision for variable routing to the next step, depending on outcome at this stage, configuration control.
What is configuration control?
Process for regulating hardware, software, firmware, and documentation alterations to safeguard the information system from unauthorised alterations before, during, and after system deployment. In military and technology development environments, configuration control is frequently employed. By making sure that any changes are thoroughly tested before being incorporated into the finished product, it can lower the likelihood of failure or malfunction.
What does the configuration serve?
The process of configuration management involves keeping software, servers, and computer systems in a consistent, desirable condition. It's a method of ensuring that a system functions as expected as modifications are made to it over time.
To know more about configuration control, click here- brainly.com/question/29736870
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Answer:
total cost to be accounted = $294,000
Explanation:
Work in Process
Beginning value of WIP = $24,000
Ending value of WIP = $13,000
Cost added to production = $283,000
Cost to be accounted for = Beginning value of WIP + Cost added to production - Ending value of WIP
Cost to be accounted for = $24,000 + $283,000 - $13,000 = $294,000
The total cost to be accounted for in Tsuzuki Corporation's cost reconciliation report for August would be $307,000. This is calculated by adding the beginning work in process inventory ($24,000) to the costs added to production during the month ($283,000). The ending work in process inventory is not included in this calculation.
In the scenario provided, Tsuzuki Corporation's cost reconciliation report for August would be a combination of the beginning work in process inventory, the ending work in process inventory, and the costs added to production for that month. To calculate the total cost to be accounted for, we add the beginning inventory to the costs added during the month. That would be $24,000 (beginning work in process) + $283,000 (costs added to production) = $307,000.
It is important to note that the ending work-in-process inventory of $13,000 is not included in this particular calculation because the question asks for the total cost to be accounted for, not the cost assigned to finished goods or carried forward to the next accounting period. In other words, the total cost to be accounted for represents the money spent within the period, regardless of whether the goods were finished or not.
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