Business, 31.10.2019 01:31 SAMANTHA1982
Ujust developed new universal titanium replacement mixer blades. these replacement blades can be used in most mixers currently on the market. mu is selling these blades with a right of return for 30 days. on january 15, management believes it is probable that 10% of the titanium blades sold will be returned. this belief is based on significant experience in estimating returns on other mixer blades mu has developed and sold in the past. mu estimates the cost of processing any returned blades will be insignificant. on january 15, kh purchases and pays for 40 blades at a cost of $20 each. the cost to manufacture each blade was $14. on january 31, mu’s assessment of potential returns had not changed from its assessment on january 15. requirements: based on the new guidance on revenue recognition in asc 606, provide a detailed explanation whether mp has met all the five steps for revenue recognition. record all initial accounting entries for mu for the month of january based on the new guidance on revenue recognition in asc 606. include references to the guidance to support your proposed accounting. show any calculations you make to support your journal entries.
Answers: 2
Business, 22.06.2019 12:50
Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be:
Answers: 2
Business, 22.06.2019 21:00
Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.
Answers: 1
Business, 22.06.2019 21:30
Zara, a global retail and apparel manufacturer based in spain that has successfully implemented this idea by having a continuous flow of new products that are typically limited in supply. zara has created a system that draws its clientèle into its stores, on average, 17 times per year as compared to 4 times per year for most stores. how is zara using it to gain competitive advantage? what specific technologies are used by zara to maintain this advantage over its competition?
Answers: 3
Business, 23.06.2019 02:40
James sebenius, in his harvard business review article: six habits of merely effective negotiators, identifies six mistakes that negotiators make that keep them from solving the right problem. identify which mistake is being described. the negotiator has neglected to consider the course of action he will take if the proposed deal is not possible.
Answers: 3
Ujust developed new universal titanium replacement mixer blades. these replacement blades can be use...
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