Who studying or working somewhere else but wish to work for the organisation

Harcourt Manufacturing (HM) has the capacity to produce 10,000 fax machines per year. HM currently produces and sells 7,000 unit

krek1111 [17]

Answer:

Harcourt Manufacturing (HM)

1. Based on this information (ignore qualitative characteristics) :________.

a. HM should reject the offer because accepting it will reduce profitability by $2,000.

2. A company should accept a special order if: _______.

a. additional revenue is greater than relevant costs.

Explanation:

a) Data and Calculations:

Production capacity for fax machines per year = 10,000

Current production units per year = 7,000

Excess capacity = 3,000 (10,000 - 7,000)

Rental fee for excess capacity = $12,000

Selling price of the fax machine per unit = $100

Unit-level costs:

Direct labor = $15

Direct materials = $40

Total cost per unit = $55

Special order = 2,000 units

Product-level costs= $50,000

Facility-level costs = $65,000

Total revenue from special order = $120,000 (2,000 * $60)

Total variable cost for special order = 110,000 (2,000 * $55)

Contribution margin from special order $10,000 (2,000 * $5)

Comparison with Rental fee $12,000 and $10,000

5 0

2 years ago

Emmanuel is the owner and manager of a tutoring company. He often lets his employees open the business when he has a busy mornin

lina2011 [118]

According to the context, Emmanuel is practicing consideration with his employees.

<h3>What is consideration?</h3>

It is linked to a reflection that can be associated with an estimate or assessment.

That is implies an attitude, or rather a set of attitudes and an evaluative tendency of individuals and groups in the work context.

Therefore, we can conclude that according to the context, Emmanuel is practicing consideration with his employees.

Learn more about consideration here: brainly.com/question/27027695

#SPJ1

5 0

1 year ago

Suppose that today's date is April 15. A bond with a 10% coupon paid semiannually every January 15 and July 15 is listed in The

zaharov [31]

Answer:

$1,035.4

Explanation:

To find the purchase price of the bond for today April 15, we can follow the following formula:

Purchase price = Selling price + Accrued interest

Therefore, the steps to follow are these:

1. Calculate the selling price.

Theoretically, the selling price tells us how much cash the bond will generate, but brought to present value. To find it, we should know what the par value of the bond and the asked price are. The question only give us the former (101.04). In this case, we will assume that the par or face value - the price at which the bond is sold when it is first released - is $ 1,000, which is the average face value of a bond in the United States.

Now, we apply the following formula:

Selling price (sp) = Par value * (Asked price / 100)

$sp = 1,000 * (101.04/100)$

$sp = 1,000 * (1.0104)$

 $sp = 1,010.4$ 

2. Calculate the accrued interest.

The accrued interest is the part of the purchase price that represents the interest accrued from the last maturity of interest charged to the purchase date. To find it, we apply this formula:

$AC = \frac{D_{c} }{D_{t} } *C$

Where C is the amount of the coupon that is paid periodically (in this case semianually), Dc is the time elapsed since the last payment and Dt is the time between the semiannual payments.

For our case, C is 50. The statement says that the bond pays a 10% coupon, that is $ 100, which is distributed on two dates, therefore, what is paid on each date is $ 50.

The purchase was made on April 15, that is, three months had passed since the last payment, which was on January 15. Therefore Dc is 3.

Finally, the time between the first payment (January 15) and the second (July 15) is six months. Therefore, Dt is 6.

We replace in the equation:

$AC=\frac{3}{6} *50$

The accrued interest is $25.

3. Clear in the purchase price equation.

Purchase price (PP)= Selling price + Accrued interest

$PP=1,010.40+25$

$PP=1,035.4$

Therefore, the price you would pay for the bond today April 15 is 1,035.4. That means the purchase price is above the par value (1,000).

6 0

2 years ago

.I obey the law more often if there's a chance that I might get caught.

olga_2 [115]

Thats true if u do that then u will not be arrested by the police that is what i would do too

6 0

2 years ago

On January 1, 2014, Gottlieb Corporation issued $4,000,000 of 10-year, 8% convertible debentures at 102. Interest is to be paid

Lunna [17]

Answer:

The journal entries for the given economic entries are done below:

Explanation:

(a) December 31, 2015.

Bonds Payable…………………………………….$4,000,000

Premium on Bonds Payable……………………….$80,000

Common Stock………………………………………..$3,200,000

Paid in capital in excess of par value…..…$880,000

(b) January 1, 2016.

Bonds Payable…………………………………………..$400,000

Common Stock………………………………………………$400,000

*To record $400,000 debentures converting to common stock.

Cash…………………........……………………..$352,000

Discount on bonds payable………….$48,000

Bonds Payable………………………………$400,000

*To record selling stock at $110

(c) March 31, 2016.

Bonds Payable…………………………$400,000

Common Stock………….......………………..$400,000

*To record 400,000 debentures converting to Common Stock

Cash…………………………………................…..$368,000

Discount on bonds payable………………$32,000

Bonds Payable……………………………..........…....….$400,000

*To record the sale of common stock at $115

(d) June 30, 2016.

Interest Expense……………..$160,000

Interest Payable……………………$160,000

*To record payment of interest expense on Bonds

Computations-

Interest Expense= $4,000,000X8%X6/12= $160,000 .

8 0

2 years ago