Answer:
D
Explanation:
Current assets are considered short-term assets because they generally are convertible to cash within a firm's fiscal year, and are the resources that a company needs to run its day-to-day operations and pay its current expenses. ...
Answer:
The product Deluxe sgould not be processed further.
Explanation:
Giving the following information:
Sales - Value without Processing - Additional Costs - Sales Value after processing
Premier: $1,350 - $900 - $2,700
Deluxe: 450 - 225 - 630
Super: 900 - 450 - 1,800
Basic: 90 - 45 - 180
We need to calculate the contribution margin of each product before and after processing.
<u>Premier:</u>
Before= 1,350
After= 2,700 - 900= $1,800
It is more profitable to continue processing.
<u>Deluxe:</u>
Before= 450
After= 630 - 225= $405
It is more profitable to sell before processing.
<u>Super:</u>
Before= 900
After= 1,800 - 450= $1,350
It is more profitable to continue processing.
<u>Basic:</u>
Before= 90
After= 180 - 45= 135
It is more profitable to continue processing.
The answer is a half second to five seconds.
The brainest answer would be appreciated.
$3,504,000
Using GRM (Gross Rental Multiplier) to calculate value, simply multiply the estimated rental income by the GRM:
$24,000*146= $3,504,000
Answer:
Cost of goods manufactured = $328,400
Cost of goods sold = $343,700
Explanation:
The computation of cost of goods manufactured and cost of goods sold is shown below:-
(a) Cost of goods manufactured = Direct materials used + Direct labor + Depreciation on plant + Factory supplies used + Property taxes on plant + Work in Process 1 Jan - Work-in-process, 31 Dec
= $121,000 + $111,000 + $61,000 + $24,000 + $15,000 + $13,000 - $16,600
= $328,400
(b) Cost of goods sold = Finished goods, 1 Jan + Cost of goods manufactured - Finished goods, 31 Dec
= $61,000 + $328,400 - $45,700
= $343,700
