Business, 18.05.2021 19:20 shanaz8199
Prosperous Production makes two products from a common input. Joint processing costs up to the split-off point total $42,300 a year. The company allocates these costs to the joint products on the basis of their total sales values at the split-off point. Each product may be sold at the split-off point or processed further. Data concerning these products appear below: Product AE Product CJ Total Allocated joint processing costs $ 25,600 $ 16,700 $ 42,300 Sales value at split-off point $ 32,200 $ 21,500 $ 53,700 Costs of further processing $ 16,700 $ 17,300 $ 34,000 Sales value after further processing $ 48,500 $ 40,200 $ 88,700 What is the minimum amount the company should accept for Product AE if it is to be sold at the split-off point
Answers: 1
Business, 22.06.2019 11:30
10. lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal. student d incorrect
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Business, 22.06.2019 11:40
In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?
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Business, 22.06.2019 23:30
Which external factor has enabled addition of special effects in advertisements and tracking of responses of customers over websites?
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Business, 23.06.2019 01:50
Consider a firm with a contract to sell an asset for $149,000 four years from now. the asset costs $85,000 to produce today. a. given a relevant discount rate of 14 percent per year, calculate the profit the firm will make on this asset. (a loss should be indicated by a minus sign. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. at what rate does the firm just break even?
Answers: 3
Prosperous Production makes two products from a common input. Joint processing costs up to the split...
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