Astro Malaysia hazard

Answer:

Absorption costing income

Year 1:  $122,160

Year 2: $118,600

Year 3: $124,390

Explanation:

As per given data

_________________________________ Year 1 ___ Year 2 ___Year 3

Variable costing income ____________ $116,000 __ $120,800 __$123,950

Beginning finished goods inventory (units) 0 _______ 1,400 _____ 900

Ending finished goods inventory (units) __ 1,400 ____ 900 ______ 1,000

Fixed manufacturing overhead per unit __ $4.40 ____ $4.40 ____ $4.40

Absorption costing income

_________________________________ Year 1 ___ Year 2 ___Year 3

Variable costing income ____________ $116,000 _ $120,800 __$123,950

Fixed OH in Beginning finished goods _  ($0) _____ ($6,160) ___ ($3,960)

Fixed OH in Ending finished goods ____ $6160 ___ $3,960 ___ $4,400

Absorption costing income __________ $122,160 _ $118,600 __ $124,390

Answer:

Results are below.

Explanation:

First, we need to calculate the total cost of producing 2,900 units:

Total cost= direct material + direct labor + allocated overhead

Total cost= (2*7)*2,900 + (0.5*16)*2,900 + [(0.5*16)*0.6]*2,900

Total cost= 40,600 + 23,200 + 13,920

Total cost= $77,720

Now, the unitary standard cost:

Unitary cost= total cost/number of units

Unitary cost= 77,720 / 2,900

Unitary cost= $26.8

Answer:

A. select a loan with a low simple interest rate.

Explanation:

A borrower who wants to minimize interest should try to: Select a loan with a low simple interest rate. Because low simple rate provides the lowest rate as compared to other interest.

Interest rate is the amount charge by the lender on the money which is taken by the borrower .  Annual percentage rate is used to calculate the total amount.

In annual percentage rate add fees and discount points, on with the interest rate.

Thus, option A is correct.

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Answer:

Yes,

Explanation:

Yes, in this scenario a verbal release would be valid and enforceable. In any scenario where a verbal agreement is made that includes exchanging two things of value automatically becomes valid and enforceable. In this case, Keller Construction is giving up the contract with Sullivan which is valuable to them in exchange for Sullivan's service in finding another suitable candidate that can provide similar value to the company. Therefore making it a proper exchange of value.

is a system where related goods and integrated services are bundled together and

sold in the place of independent and isolated items.

Word 2013

Systems selling

Systems buying

Modified rebuy

Straight rebuy

Excel 2013

Answer and Explanation:

The journal entry to record the issuance of the stock in exchange of the land and the building is as follows:

Land $235,000

Building $380,000

            To Common stock, $8 par value (26,000 shares × $8) $208,000

            To Paid-in capital in excess of par value, common stock $407,000

(To record the  issuance of the stock in exchange of the land and the building)

Here the land and building is debited as it increased the assets and the common stock and its paid in capital is credited as it also increased the stockholder equity

Answer:

the value of the inventory reported is $280,000

Explanation:

The computation of the inventory reported on the balance sheet is shown below:

As we know that the inventory should be recorded at lower cost of cost or market value. So here the same is applied

= Lower amount of market A +  Lower amount of market B +  Lower amount of market C

= $91,000 + $61,000 + $128,000

= $280,000

hence, the value of the inventory reported is $280,000

Answer: Year 2 depreciation= $16,000

Correct answer is not among  the options

Explanation:

Using the straight line depreciation method we have that

Annual Depreciation = Purchase cost - Salvage value/ useful life

=$80000-$16000 / 4

$64,000/ 4

= $16,000

If Annual depreciation= $16,000 , then Deprecation expense for year 2 = $16,000

Answer:

$400,750

Explanation:

Calculation for the value of the firm according to MM Proposition I with taxes

First step is to calculate the value of the unlevered firm using this formula

Value of the unlevered firm= EBIT(1 - Tax rate)/Unlevered cost of capital

Let plug in the formula

Value of the unlevered firm= ($63,000)(1 - 0.35)/0.12

Value of the unlevered firm=$63,000*0.65/0.12

Value of the unlevered firm=$40,950/0.12

Value of the unlevered firm= $341,250

Last step is to calculate the value of the levered firm using this formula

Value of the levered firm = Value of the unlevered firm+ (Tax rate*Outstanding debt)

Let plug in the formula

Value of the levered firm =$341,250 + 0.35($170,000)

Value of the levered firm=$341,250+59,500

Value of the levered firm = $400,750

Therefore the Value of the levered firm will be $400,750

Answer and Explanation:

The Journal entry to record the issuance of the bond is as follows:

Cash Dr  $449,280 ($432,000 × 1.04)

        To Bond payable $432,000

        To Premium on bond payable $17,280

(Being the issuance of the bond is recorded)

here the cash is debited as it increased the assets and credited the bond payable and the premium on bond payable as it also increased the liabilities

Answer:

B and C are the same, and none of the answers are correct

Explanation:

Capital gain is the amount of money you earn after selling a property or investment. It's essentially (the price you sold it for) -- (the price you paid for it)

eg if you bought stock for $100 and sold it for $200, you'd have a capital gain of $100 (200-100)

Answer:

Explanation initial public offering is a company's first time offering it's stock for sale to the public and is generally coincides with listening it shares on a public Stock Exchange

Answer:

The agencies perform the services by hiring CEOs (or the ceos of the company) by assigning them jobs and then hiring people that meet the qualifications. Also, if they are at least 16 then they should have everything they need to work or volunteer.

Explanation:

Answer:

Derby Inc.

If Derby decides to make the motors,

b. Income will increase by $16 per unit.

Explanation:

a) Data and Calculations:

Bought-in cost = $125

Predetermined overhead rate = 150% of direct labor cost

Direct material                      $38

Direct labor                             50

Overhead fixed and variable 75

Total cost per unit              $163

Incremental variable overhead cost = $21

Total variable cost = $109 ($38 + 50 + 21)

Differential Income per unit = $16 ($125 - $109)

b) Making the motors in-house will increase income by $16 than buying it outside.  This differential income is obtained by comparing the cost of buying the motors from suppliers and the cost of making the motors internally.

Answer: A. Debit to premium on bonds

Explanation:

From the information, we are informed that a company calls its bonds at a price of $105,000 and that the face value is $100,000 and the carrying value of the bonds at the retirement date is $103,745.

The issuer's journal entry to record the retirement will include:

Debit bonds payable $100,000

Debit premium on bonds $3,745

Debit loss on bond retirement $1255

Credit cash $105,000

Therefore, the correct option is A.

Answer:

Cost of Goods Purchased;

= Purchases - Purchase Returns and Allowances - Purchase Discounts + Freight-In

= 163,210 - 3,810 - 5,960 + 8,710

= $162,510

Cost of Goods Sold

= Beginning Inventory + Cost of Goods Purchased - Ending Inventory

= 33,550 + 162,510 - 28,600

=  $167,100

Answer:

the answer is C

Explanation:

this is what I found listing:

-Pure Market Economy.

-Pure Command Economy.

-Traditional Economy.

-Mixed Economy

Answer:

The answer is C

Explanation:

Answer:

$1,476,923.08  

Explanation:

The company is an all-equity firm, hence, the value of the firm can be determined using the formula below:

value of firm=EBIT*(1-tax rate)/average cost of capital

Value of firm=$16,000,000

EBIT is the unknown

tax rate=35%

average cost of capital=6%

16,000,000=EBIT*(1-35%)/6%

16,000,000=EBIT*0.65/6%

16,000,000*6%=EBIT*0.65

EBIT=16,000,000*6%/0.65

EBIT=$1,476,923.08  

Answer:

c. 6.0 times.

Explanation:

The computation of the inventory turnover ratio is shown below:

As we know that

Inventory turnover ratio is

= Cost of goods sold ÷ average inventory

= $604,000 ÷ ($89,000 + $128,000) ÷ 2

= $604,000 ÷ $108,500

= 5.57 times

= 6 times

Hence, the inventory turnover ratio of Swifty is 6.0 times

Therefore the correct option is c.

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Answer:

A. Earned.

Explanation:

The accrual basis of accounting applicable to proprietary fund types requires that exchange revenues be recognized when earned. In Accrual Accounting, revenue is recognized when it is earned and is recognizable to be collected in future, not when cash is received against that revenue.

Answer:

Total dollar return = 2400 + 8040 = $10440

Option d is the correct answer

Explanation:

To calculate the total dollar return on the investment, we will calculate the value of dividend received from the shares and the capital gain made on this investment. The capital gain is the appreciation in value less the initial cost paid for the investment.

First we calculate the value of dividend received on the investment.

Dividend received = 3000 * 0.8 = $2400

Now we calculate the value of capital gain.

Capital gain = (Sale price - Initial cost) * Number of shares

Capital gain = (49.74 - 47.06) * 3000

Capital gain = $8040

Total dollar return = 2400 + 8040 = $10440

Answer: pricing constraints are factors that limit the range of price a firm May set,such as newness of the product (alternative) , demand for the product class, product, and brand (alternative), cost of producing in marketing the product (alternative), competitors prices.

Pricing objectives-include maximizing profit, increasing sales volume, matching competitors prices,each pricing requires a different price-setting strategy in order to successfully achieve.

Explanation:

Answer:

This is a horizontal merger since both companies competed against each other in the past with similar products or services. As the number of firms decreases, competition between the remaining firms will become fierce.

This is an offensive move by Live Nation since its aim is to gain competitive advantages and market power. Competitive advantages resulting from this merger might be: higher market share, lower operating costs, synergy and efficiency.

If we look at it form Ticketmaster's point of view, this could be considered a defensive move. The main advantage achieved by Ticketmaster is less competition since Live Nation was the world's largest concert promoter.

Even though the merger happened during the great recession, 2009, the value of the new company has increased from a little over $800 million to almost $3 billion. That means that did something right. They were basically able to use resources more efficiently and gain even more market share. They are so large now, that some accuse them of being a monopoly.

In this case, the merger between Live National and Ticketmaster is a horizontal merger.

From the information given, it is a horizontal merger because it is a merger between the companies that are in the same or similar industry. In this case, there would be a strengthening of competitive position as there will be an increase in market share.

The merger is important as it will help reduce cost as well as increase efficiency. With this strategic move, Live Nation or Ticketmaster has allowed itself to gain a more competitive advantage. By creating a larger market share, the timing will make it harder for new entrants to gain entry into the market.

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Answer:

0.49

Explanation:

First, we need to compute gross profit. See computation of gross profit below;

Sales revenue

$190,000

Less :

Sales returns and allowance

($6,000)

Net sales

$184,000

Less:

Cost of goods sold

($93,000)

Gross profit

$91,000

Therefore,

Gross profit rate = Gross profit ÷ Sales

Gross profit = $91,000 ÷ $184,000

Gross profit rate = 0.49

Answer:

B) fraud

Explanation:

From the question, we are informed about Andrew who sold a painting to Henry claiming it was an original Matisse. However, Andrew had recently bought the painting from an artist who specializes in reproducing original masters. When Henry showed the painting to an arts dealer, the dealer pointed out that it was a fake. In this case Henry was a victim of fraud.

Fraud can be regarded as an intentional deception by someone or group of people to secure a personal or financial gain which is unlawful. It could be explained as criminal deception to deprive someone his/legal right. However, it is punishable under law.

Answer:

a. True

Explanation:

Direct labor cost can be defined as the amount of money associated with paying of workers wages who are saddled with the responsibility of producing the goods and providing services.

Direct labor cost is an example of a controllable cost for the supervisor of a manufacturing department.

Answer:

Explanation:

A monopolistic market basically means that a single company is running/controlling the entire market. Therefore, having fewer firms in the industry would make a difference. For starters, the variety of clothing would be very minimal as the remaining stores would most likely be owned by a single large entity and therefore sell the same style of clothing. Quality of service will also be constant throughout the stores due to being all from the same production. The price is where things will be drastically affected since there is a single entity that controls the entire market this means that they can ultimately charge what they want and fewer firms mean that prices will most likely increase.

Answer:

a financial statement

Explanation:

Financial statements are a direct product of accounting reporting systems that, in their essence and purpose, reflect performance, ie. performance of the company for a certain period of time, its financial and structural position, as well as the position of liquidity on the selected balance sheet date.

The main purpose of their compilation is reflected in the information service of various interest groups that rely on them in the process of making important decisions, often as the only available source of information. As such, they are prepared and presented at the end of the business year, with the possibility of semi-annual or quarterly reports.