Example of the cost center responsiblity is O 1. Investing in long term assets O2. Purchasing of inventory O 3. controlling production's costs O4. All short term decisions

Q: Give me correct answers and explanation

A: 2).T Accounts Casha).100,750Supplies1250d).15,500Accounts Payable10,050h).1125Rent1225  K. Spade…

Q: Which statement below accurately describes Hope's gross wages? COMPANY NAME Some Corporation 123…

A: The whole amount of compensation received by employees, whether on an hourly or monthly basis,…

Q: Dorel Company is being purchased and has the following balance sheet as of the purchase date: $…

A: Net assets of Dorel = Current assets + Fair value of fixed assets - fair value of current…

Q: need answer step by step

A: a.IRR = 38.13% b.The IRR rule agrees with the NPV rule.Explanation:Step 1:In excel:a. AB1YearCash…

Q: answer the questions

A: a) Bond A has a coupon rate of 8% and market interest rate of 5%, when the market interest rate…

Q: Required information [The following information applies to the questions displayed below.] Bunnell…

A: Notes : The direct materials used is calculated as difference total raw material available for use…

Q: Student ID Day 63638034 Monday 23957096 Thursday 28080825 Monday Exam Score 61 70 1. How many…

A: =COUNTIF is used to count the cells satisfying the given criteria in the given range.

Q: A consumer has preferences over 3 goods represented by the utility function

A: Solution: Given: u = (x1x2 )0.5 - 2-x3  MUx1 = 0.5 (x2 / x1 )0.5  MUx2 = 0.5 (x1 / x2 )0.5  MUx3 =…

Q: Answer in step by step solution for this question

A: Incremental Analysis: Heavenly ChocolatesThis analysis compares the profitability of selling cocoa…

Q: Assume that Riverside Corp. from the United States will receive 400,000 pounds in 180 days. The…

A: Solution :  Money Market Hedge help a domestic company in reducing the exchange rate and currency…

Q: Internal Control Bart Simons has worked for Dr. Homer Spring for many years. Bart has been a model…

A: Internal check system is the one which implies to the business of the overall book-keeping system as…

Q: When can a gift causa mortis be voided?

A: Gift causa mortis is a gift of personal property and this gift the underlying belief or expectation…

Q: A firm has $100 million in current liabilities, $200 million in long-term debt, $300 million in…

A: Long Term debt = $200 million Equity = $300 million

Q: Bank Reconciliation The Seattle First Company's bank statement for the month of September indi-…

A: Answer a: Bank Reconciliation Statement:

Q: Which of the following is false about Faithful Representation?

A: Answer Faithful representation is the requirement that the financial statements should be accurate…

Q: $23,000 per year forever. XYZ wants the foundation to make the first annual $23,000 scholarship…

A: Solution: Calculation of annual payment(annuity)   a) Present value of regular annual payment of…

Q: anuary 1 balance, 80 units @ $50 $4,000 Purchases: January 18: 40 units @ $51 January 28: 40 units @…

A: Computation of ending inventory COGS under FIFO - XYZ Co Date Beginning Inventory Purchase Cost of…

Q: need answer step by step

A: The correct answer is D. If the NPV of the project is positive, the IRR must be higher than the…

Q: Suppose a transaction changes the balance sheet of Wells Fargo bank as indicated in the following…

A: Deposit for bank means amount deposited by customer with bank and it is a liability on the part of…

Q: bill is 0.01 and the expected rate of return on the Wilshire 5000 is 0.10. What is the required rate…

A: Treasury- bill returns = 0.01Beta = 0.84Expected Return on Market = Expected Return on Wilshire 5000…

Q: "Sunk costs are considered by a manufacturer in decision making". Do you agree? Explain.

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: 6. Medtronic management have set a MARR of 15% for any of their project; will you advise Medtronic…

A: Capital Budgeting techniques: Capital budgeting techniques refer to a collection of tools managers…

Q: Required information [The following information applies to the questions displayed below] On January…

A: When calculating stock basis, the shareholder invests in the entity by making the initial amount of…

Q: Current assets 15344 Current liabilities 9580 The numbers above are from the most recent balance…

A: Net working capital = Current assets - Current liabilities

Q: Swifty Ltd. invested $1,250,000 in Gloven Corp. early in the current year, receiving 25% of its…

A: IFRS 10 CONSOLIDATION FINANCIAL STATEMENTS   The accounts of two companies need to be consolidated…

Q: Prepare adjusting journal entries, as needed, for the following items. 1. The Supplies account shows…

A: Journal entry is defined as recording of the business transactions into the books of the entity and…

Q: a) Determine total net income if all products are sold at split-off point. b) Determine total net…

A: 1.At split off point, Joint cost to each product should be apportioned to each product in the ratio…

Q: 2. Explain what are the differences if accrual or cash accounting is used to account for the…

A: Accrual Accounting:Recognizes income when it is earned, not necessarily when cash is…

Q: Please Answer with step by step-by-step explanation

A: Assets means all type of rights and resources being held in business. There can be short term assets…

Q: For each of the independent case, indicate the effect of the error, if any, on the accounts and the…

A: Inventory means the stock of goods in which the businessmen deals. Merchandise on hand means the…

Q: b,c &d. What is project NPV if the discount rates are 4%, 18%, 35%? (Negative amount should be…

A: NPV means PV of net benefits arises in future from the project. It can be simply computed by taking…

Q: need answer in step by step

A: b.Current price of bond$579.77Explanation:Step 1:In excel: AB1Face value10002Compounding in…

Q: Identify the correct statement with respect to manufacturing and merchandising companies in general…

A: A merchandising firm is one of the most common types of business. A sales firm is a business that…

Q: Give answer step by step and explanation

A: Step 1: Step 2: Step 3: Step 4:

Q: A summary of COVID Company's December 31, 2021, accounts receivable aging schedule is presented…

A:

Q: The financial information below is for Mike Ross who teaches accounting on a part-time basis. He…

A: A person or corporation's "net worth" may be calculated by subtracting the value of their…

Q: Required For each of the following independent events, identify the account that would be debited…

A: Lets understand the basics.Journal entry is required to make to record event and transaction that…

Q: need step by step answer

A: Project 1 NPV  over 6 year period = $5,173.26    Project 2 NPV over 6 year period = $5,019.86…

Q: The following is net asset information for the Dhillon Division of Blue Spruce Inc.: Cash Accounts…

A: Impairment loss is the reduction in the value of an individual asset or of a cash generating unit.…

Q: Fancy Nail's monthly rent is $2,500. The company's static budget is based on an activity level of…

A: Fixed costs are those costs which do not change with change in sales activity level. Variable costs…

Q: answer the questions

A: Hi there, Thanks for posting the question. But as per the honor code, we must answer the first…

Q: answer the questions

A: Hi there, Thanks for posting the questions. But as per our honor code, we should answer the first…

Q: Table 3-Returns on Investment Study Balance 100% Biology Task Biology Engineering 50% Biology…

A: To determine the returns on investment from a 50% biology and 50% engineering mix for on-the-job…

Q: please give answer step by step

A: In the analysis of Benton Corporation's costing for Standard and Premium microphones, two methods…

Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.