Answer:
Klean Fiber Company
Incremental Analysis for the Special order of 250,500 units of Y-Go undergarments:
Direct materials $2.04 $511,020
Direct labor 0.40 100,200
Variable manufacturing overhead 1.04 260,520
Fixed manufacturing overhead 1.02 255,510
Total costs $4.50 $1,127,250
Fixed manufacturing overhead 1.02 255,510
Incremental costs $3.48 $871,740
Explanation:
a) Data:
Full Capacity = 1,031,000
The per unit and the total costs at full capacity for Y-Go:
Per Undergarment Total
Direct materials $2.04 $2,103,240
Direct labor 0.40 412,400
Variable manufacturing overhead 1.04 1,072,240
Fixed manufacturing overhead 1.44 1,484,640
Variable selling expenses 0.34 350,540
Totals $5.26 $5,423,060
b: In her decision to accept or reject the special order for 250,500 units of Y-Go undergarments by the U.S. Army, the Klean Fiber Company will only consider the relevant incremental unit cost of $3.48 and not the whole unit cost of $5.26. The $3.48 cost excludes the fixed overheads or the selling and administrative expenses.
a. Journalize any required 2016 entries for the bond investment.
b. How much cash interest will Astro Mile receive each year from CoteCorp?
c. How much interest revenue will Astro Mile report during 2016 on this bond investment?
Answer:
Dr bond investment $1,400,000
Cr cash $1,400,000
Cash interest is $112,000.00
Interest revenue for the year is also $ 112,000.00
Explanation:
The cash paid for the investment is $1,400,000, this would be debited to bond investment and credited to cash since it is an outflow of cash from the business.
At six-month interval, coupon receivable=$1,400,000*8%*1/2=$ 56,000.00
annual coupon receivable=$ 56,000.00 *2=$ 112,000.00
Answer:
Go Green and Save Greenbacks!
Explanation:
For a headline to grab a prospective customer's attention it should be catchy, carry it's meaning in a short easily remembered statement.
Among the options given Go Green and Save Greenbacks! is the best option.
Go Green means reducing impact on the environment. It refers to sustainable business practice.
Save Greenbacks means to save money.
Ao this statement conveys the message in a short and concise manner.
The subject line that will likely result in grabbing readers' attention is Go Green and Save Greenbacks!. Thus, the correct answer is option (c).
The opening that will best capture the reader's attention and interest is Kudos to all you green-minded staff members for making Healthy Foods a pioneer in sustainable business practices. Thus, the correct answer is option (c).
Make an unexpected comment, indicate reader benefits, offer praise or compliments, or pose an intriguing inquiry to draw the reader's interest in your persuasive request. Claim messages should make the recipient feel responsible and proud of the company's reputation.
The Go Green project attempts to alter behaviors, increase environmental awareness, and motivate people to safeguard the environment, natural resources, natural preserves, and marine life in order to ensure sustainability. Young people are especially encouraged to do this.
Therefore, option C is the correct answer option for both the questions.
To learn more on subject line, here:
#SPJ6
Answer:
Instructions are listed below
Explanation:
Giving the following information:
Sales= $39,388,000.
The company began the year with:
$3,500,000 of merchandise inventory
Ended the year with:
$4,445,000 of inventory.
During the year:
Purchased $23,350,000 of merchandise inventory.
The company's selling, general, and administrative expenses totaled $5,450,000 for the year.
First, we need to calculate the cost of goods sold:
COGS= beginning merchandise inventory + purchases - ending merchandise inventory
COGS= 3,500,000 + 23,350,000 - 4,445,000= $22,405,000
Income statement:
Sales= 39,388,000
COGS= 22,405,000
Gross income= 16,983,000
Selling, general, and administrative expenses= 5,450,000
Operating income= $11,533,000
Answer:
The correct answer is C) Portfolio Variance rises.
Explanation:
The association between two assets reflects the degree to which both assets are related. As the correlation between two assets decreases, the variation in portfolios increases.
Investment portfolios can be protected with the creative use of Correlation Diversification.
The less correlated assets are, the less risky an investment portfolio is.
Cheers!
Answer:
b. companies can use accounting methods that minimize net income for tax purposes and other methods that maximize net income for reporting to shareholders.
As they use a basis for accounting and prepare the financial statement temporary difference arise which, are settled overtime as in the end both, tax basis and accounting basis much get the same income
The most common example is depreciation if a company uses S179 and depreciate the entire of the asset purchase next year, while the accounting will have a depreciation expense associate with the equipment for tax purposes this assets basis is zero as it was completely depreciate thus, it will have a higher income making more tax payable than accounting income tax expense.
Explanation:
a. corporations often make errors in their tax estimations.
While this can occur is not the reason for deferred income taxes
c. the IRS owes a company a refund from last year.
No, the refund will not generate deferrd income tax It will be a receivable for the company.
d. large corporations generally have operations in foreign countries whose tax law is quite different from U.S. tax
While corporations do operate in foreing countries these doesn't necessary generate deferred taxes. Difference arise when the company uses a different method in his accounting than the State to determinate the tax basis.
Answer:
Letter a is correct. Internal; external.
Explanation:
The current economic era translates into a globalized and competitive landscape that requires companies to be adaptable to the rapidly occurring changes in the world, which may be economic, consumer, trend, legislative and other changes.
Therefore it is a fact and need for the internal perspective to be valued more than the external one, as quality-focused management should consider organizational systems as responsible for ensuring the integrated technique that will directly influence the functioning of the organization. Therefore, it can be affirmed that management focused on ethical communication and action practices, in addition to the positive and continuous improvement-based organizational culture, will promote the integration of teams and the general motivation that, through internal quality, external quality is the result.