Make or buy decision Santos Company currently manufactures one of its crucial parts at a cost of $3.40 per unit. This cost is based on a normal…

II. Make or buy decision Santos Company currently manufactures one of its crucial parts at a cost of $3.40 per unit. This cost is based on a normal production rate of 50,000 units per year. Variable costs are $1.50 per unit, fixed costs related to making this part are $50,000 per year, and allocated fixed costs are $45,000 per year. Allocated fixed costs are unavoidable […]

18/05/2022

Business and Finance Essay Help D

1 On January 1, 2010, Alison, Inc. paid $60,000 for a 40 percent interest in Holister Corporation’s common stock. 2This investee had assets with a…

1 On January 1, 2010, Alison, Inc. paid $60,000 for a 40 percent interest in Holister Corporation’s common stock.2This investee had assets with a book value of $200,000 and liabilities of $75,000. A patent held by Holister having3a $5,000 book value was actually worth $20,000. This patent had a six-year remaining life. Any further excess cost4associated with this acquisition was attributed to goodwill. During 2010, […]

18/05/2022

Business and Finance Essay Help D

in a statement of cash flows prepared using the direct method, if wages payable increased during the year, the cash paid for wages would be a. the…

in a statement of cash flows prepared using the direct method, if wages payable increased during the year, the cash paid for wages would bea. the same as salary expense.b. salary expense plus wages payable at the beginning of the year.c. salary expense plus the increase in wages payable from the beginning to the end of the year.d. salary expense less the increase in wages […]

18/05/2022

Business and Finance Essay Help D

Big Als Pizza, Inc. needs a cash budget for year 3 and has provided you with the following information.

Big Als Pizza, Inc. needs a cash budget for year 3 and has provided you with the following information. Sales are all on account and are estimated to be collected over a three-month period, with 70 percent collected in the month of sale, 25 percent collected in the next month and 4 percent collected in the third month. The remaining1 percent is estimated to be […]

18/05/2022

Business and Finance Essay Help D

Serena Carlson is the Manager (at the Seattle office) at a global consulting company, Global Operations Inc. (GOI) with offices worldwide.

job Posting From: Serena Carlson To: [Your name here] Global HR Director – GOI RE: Consultant position for GOI Title: Global Operations Consultant Location: Various- First year in the U.S. and the rest of the time based in the U.S. but will travel between China, Spain, London, Mexico, Hong Kong, Canada and the U.S. Job Requirements: This candidate will have a degree in Engineering from […]

18/05/2022

Business and Finance Essay Help D

The president of Southern Semiconductor Corporation (SSC) made this statement in the company’s annual report. “SSC’s primary goal is to increase the…

The president of Southern Semiconductor Corporation (SSC) made this statement in the company’s annual report. “SSC’s primary goal is to increase the value of our common stockholders’ equity.” Later in the report, the following announcements were made:a. the company contributed $1.5 million to the symphony orchestra in Birmingham, Alabama, its headquarters cityb. The company is spending $500 million to open a new plant and expand […]

18/05/2022

Business and Finance Essay Help D

Matthew Gabon, the sales manager of Office Furniture Solutions, prepared the following budget for 2008:

Matthew Gabon, the sales manager of Office Furniture Solutions, prepared the following budget for 2008:Sales DepartmentBudgeted Cost, 2008(Assuming Sales of $12,000,000)$500,000$180,000$100,000$2,000$2,400$784,4000After he submitted his budget, the president of Office Furniture Solutions reviewed it and recommended that advertsing be increased to $120,000. Further, she wanted Matthew to assume a sales level of $13,000,000. This level of sales is to be achieved without adding to the sales […]

18/05/2022

Business and Finance Essay Help D

Precision Castparts, a manufacturer of processed engine parts in the automotive and airline industries, borrows $40.

Precision Castparts, a manufacturer of processed engine parts in the automotive and airline industries, borrows $40.1 million cash on October 1, 2018, to provide working capital for anticipated expansion. Precision signs a one-year, 9% promissory note to Midwest Bank under a prearranged short-term line of credit. Interest on the note is payable at maturity. Each firm has a December 31 year-end. 10. value: 10.00 points […]

18/05/2022

Business and Finance Essay Help D

1) If ending inventory for the current period is understated, then owner’s equity will be A overstated at the end of the current period, but it will…

1) If ending inventory for the current period is understated, then owner’s equity will be A overstated at the end of the current period, but it will be correct at the end of the next period. B understated at the end of the current period and overstated at the end of the next period. C overstated at the end of the current period and understated […]

18/05/2022

Business and Finance Essay Help D

“Sanchez co. sold land ot Benita Sanchzes for $100,000 who owns 60% of the outstanding stock of Sanchez. The company;s adjusted basis in the land was…

“Sanchez co. sold land ot Benita Sanchzes for $100,000 who owns 60% of the outstanding stock of Sanchez. The company;s adjusted basis in the land was $120,000. a. Compute the company’s realized and recognized gain or loss. b. Whats is the Belita’s adjusted basis in the land? c. If Belita sold the land for $90,000 after 2 years, what woudl be her realized and recognized […]

18/05/2022

1…2,136 2,1372,1382,139 2,140…3,071

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