Answer:
$6,000
Explanation:
Interest calculation : June 30 - December 31
Time frame between the two dates is 6 months, thus charge half year`s interest.
Interest calculation = $120,000 x 10 % x 1/2 = $6,000
therefore,
The interest revenue that would be recorded for the year ending December 31 if the sale was made on June 30 is $6,000.
Answer:
135,000 transferred out under Weighted average method
Explanation:
W/A method:
equivalent units materials 10,000 + 2,000 = 12,000 units at 100%
material cost: 690,000 + 30,000 = 720,000
720,000 / 12,000 = 60
equivalent units conversion 10,000 + 500 = 10,500
conversion cost 22,500 + 765,000 = 787,500
787,500 / 10,500 = 75
75 + 60 = 135 cost per unit
10,000 x 135 = 135,000 transferred out
1 Orange Cola Lemon-Lime Root Beer
2 Concentrate $ 4,625 $129,000 $ 105,000 $ 7,600
3 Water 1,250 30,000 25,000 2,000
4 Sugar 3,000 72,000 60,000 4,800
5 Bottles 5,500 132,000 110,000 8,800
6 Flavor changeover 3,000 4,800 4,000 10,000
7 Conversion cost 1,750 24,000 20,000 2,800
8 Total cost transferred to finished goods $19,125 $391,800 $324,000 $36,000
9 Number of cases 2,500 60,000 50,000 4,000
10 Beginning and ending work in process inventories are negligible, so they are omitted from the cost of production report. The flavor changeover cost represents the cost of cleaning the bottling machines between production runs of different flavors.
Determine the cost per case for each of the four flavors. Round your answers to two decimal places
Orange Cola Lemon-Lime Root Beer
per case $_____ $_____ $_____ $_____
Answer and Explanation:
As per the scenario the solution of cost per case for each of the four flavors is shown below:-
Particulars Orange Cola Lemon Lime Root Beer
Total Cost
transferred to
finished goods a $19,125 $391,800 $324,000 $36,000
Number of cases b 2,500 60,000 50,000 4,000
Cost Per Case $7.65 $6.53 $6.48 $9
(c = a ÷ b)
Therefore we divide the total cost transferred to finished out by number of cases to figure out the cost per case.
Answer:
Explanation:
The jetman is different from the skycar because: The jetman can only fit one passenger and you are exposed to the air versus in the skycar, it is enclosed.
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b. delegating authority to middle and lower-level managers and creating a sense of empowerment among employees to move the implementation process forward.
c. gathering information firsthand and gauging the progress beingmade.
d. learning the obstacles in the path of good execution and clearing the way for progress.
e. holding periodic ceremonies to honor people who excel in displaying the company values and ethical principles.
Answer:
E: Holding periodic ceremonies to honor people who excel in displaying the company values and ethical principles.
Explanation:
A, B, C and D all show the top-level excellence that a manager needs to take a lead on. E, however, does not. Although it'll be fun and joyful if the manager makes a ceremony to those who work efficiently, it's not a must. Hope this helps!
Answer:
These lost wages would be considered as opportunity cost
Explanation:
The lost wages would be considered as opportunity cost .
Opportunity cost is the value of the next best alternative forgone in favor of a decision. The decision of the entrepreneur to start a business of his own would mean forgoing the wages from his paid employment.
Hence, the lost wages of $50,000 becomes an opportunity cost to the decision.
These lost wages would be considered as opportunity cost
Answer:
True
Explanation:
Therefore following statement is TRUE.