rodgers corporation produces and sells football equipment. on july 1, 20y1, rodgers issued $19,400,000 of 10-year, 11% bonds at a market (effective) interest rate of 9%, receiving cash of $21,923,488. interest on the bonds is payable semiannually on december 31 and june 30. the fiscal year of the company is the calendar year. required: for all journal entries, if an amount box does not require an entry, leave it blank. question content area 1. journalize the entry to record the amount of cash proceeds from the issuance of the bonds on july 1, 20y1.

Answers

Answer 1

The required journal entry record will be to premium on bonds payable A/C is $2,523,488.

What is a journal entry?

The act of logging any transaction, whether or not it is an economic one, is known as a journal entry. Recurring items that can be included in journal entries include depreciation and bond amortization. The general ledger is typically affected indirectly by the subledger for accounts payable, and journal entries are frequently entered using a distinct module of accounting software. As a result, journal entries have a direct impact on the balances of general ledger account. Examples make it easier for us to understand diary entries. To help us record transactions, events, and recurring items in a real-world firm, we use accounting examples. As an illustration, the ABC Company sold a $300 laptop for cash in a single day.

The required Journal Entry will be:

Cash A/C Dr.                      $21,923,488

To Bonds Payable A/C      $19,400,000

To Premium on Bonds Payable A/C     $2,523,488

To learn more about journal entry, visit:

https://brainly.com/question/29310657

#SPJ4


Related Questions

You should start to calculate your retirement need when: O It's always important, regardless of age. you are older than 55. O you have just retired. you will retire in a few years.

Answers

You should start to calculate your retirement need when you will retire in a few years.

Retirement is the stage of life when one decides to quit employment for good. Most industrialized nations, including the United States, have a government pension or benefits system in place to augment retirees' salaries, and the usual retirement age in most nations is 65.

The day you receive your first paycheck is the ideal moment to begin retirement planning. Starting your retirement planning as early as 25 ensures you have plenty of time to develop healthy habits and begin compounding funds.

You should strive to replace 70% of your yearly pre-retirement income, according to a standard rule of thumb. The calculator defaults to using this.

To know more about Retirement here

https://brainly.com/question/26680709

#SPJ4

Sherwin Williams will receive $21,250 a year for the next 16 years as a result of a picture he has painted. Use Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. What is the present value of these payments if the discount rate is 6 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value b. Should he be willing to sell out his future rights now for $176,000? O Yes O No

Answers

The Present value will be $214,750.27 and it is suggested not to sell out his future rights for $176,000.

According to pv of annuity calculator

Payment amount ($): 21,250

Interest rate: 6%

Number of years: 16

Payment interval is Annually done,

Present value: $214,750.27

It is advised against selling out his future rights because the PV of the benefits in the future is $ 214,750.27, which is more than the amount being given of $176,000.

learn more about Present value here

https://brainly.com/question/17322936

#SPJ4

A company paid $0.55 in cash dividends per share. Its earnings per share is $2.55, and its market price per share is $26.25. Its dividend yield equals:

Answers

Dividend yield for the corporation is 2%.

What exactly does this dividend yield actually tell us?

The amount of a company's share price which is distributed as dividends each year, as indicated by the financial ratio called dividend yield.

A $20 share price with a $1 annual dividend, for instance, would equal a 5% dividend yield. A company's dividend yield may be consistently increasing if its dividend is increasing, its stock price is declining, or both. Depending on the circumstances, investors may view this as either a positive or negative development.

Importance of dividend yield:

Investors who are approaching retirement, for instance, rely heavily on dividend income.The dividend yield of these investors' portfolios may have a major impact on their own finances, thus it is imperative that they select dividend-paying companies with proven track records and demonstrable financial health.

For the stated question;

$0.55 is the 2% of the market price per share is $26.25.

Thus, the Dividend yield for the corporation is 2%.

To know more about dividend yield, visit:

brainly.com/question/13402434

#SPJ4

big screen productions manufactures theatre seating and needs to economize on its inventory holding costs. the company plans to have materials arrive at the manufacturing plant when it is time for them to enter the production process rather than constantly keep them on hand at the facility. what system is big screen productions implementing?

Answers

The method that big-screen productions use is known as JIT, and it seeks to have supplies arrive at the manufacturing facility when it's time to start the production process rather than keeping them on hand continuously at the site.

The phrase "Just-in-time" (JIT) refers to a specific type of inventory system (management framework) that was developed to assist commercial organizations (companies) in lowering their production costs while increasing efficiency between suppliers and customers.

This ultimately implies that a just-in-time (JIT) inventory system restricts the delivery of raw materials at a business organization's manufacturing facility, such as a huge screen production, to the precise moment that they are needed for the production process.

To know more about Just-in-Time (JIT) here

https://brainly.com/question/29679296

#SPJ4

which of the following statements is true? group of answer choices with floating exchange rates, the foreign exchange market determines the exchange rate, whereas with a merging currencies approach, a nation adopts another country’s currency. with hard exchange rate pegs, the market determines the exchange rate with some intervention from the central bank, whereas with soft exchange rate pegs, the central bank sets a fixed currency. the main difference between floating exchange rates and soft exchange rate pegs is that the market completely determines soft exchange rate pegs, while floating exchange rates are influenced by central bank interventions on occasion. floating exchange rates are relatively stable, whereas merging currencies can change a great deal in a short time.

Answers

The true statement about a floating exchange rates is that with its adoption, the foreign exchange market can determines the exchange rate whereas with a merging currencies approach, a nation adopts another country’s currency. The Option A is correct.

What is a Floating Exchange Rate?

In economics, a floating exchange rate refers to a regime whereby the currency price of a nation is set by the Forex market based on supply and demand relative to other currencies. This regime is in contrast to a fixed exchange rate in which the government entirely or predominantly determines the rate.

Most country's currency prices can be determined in two ways: either by a floating rate or a fixed rate. As the mentioned above, the floating rate is usually determined by the open market through supply and demand, therefore, if the demand for the currency is high, the value will increase. If demand is low, this will drive that currency price lower.

Read more about Floating Exchange Rate

brainly.com/question/29307886

#SPJ1

entered into a purchase commitment to buy 1,000 units of raw materials for $30 per unit. as of december 31, the purchase commitment is outstanding and the year-end market price is $28 per unit. smith should recognize

Answers

Smith should recognize a loss of $2000.

An unwavering promise to buy products or services from a provider is known as a purchasing commitment. Companies enter into purchase commitments to lock in specific pricing and occasionally to lock in a supplier's production capacity as a defensive measure to prevent rivals from exploiting the production capacity.

In the given question,

                 Units of Raw material = 1000

                 Unit Price = $30

                 Units of Raw material outstanding = 1000

                 Market Price = $28

Now,

         Total Raw Material = $30,000

         Total Raw Material Outstanding = $28,000

         Loss/Profit Incurred = $28,000 - $30,000

                      Loss Incurred= ($2000)

Therefore, Smith Corp. should recognize a loss of $2000.

Learn more about Purchase Commitment here: brainly.com/question/10453194

#SPJ4

supplier development initiatives may be focused on (1) persuading an existing supplier to expand into new areas that meet the needs of the buying organization, and (2) locating a new, untried/unknown company and identifying potential areas of business.

Answers

True, Supplier development initiatives may be aimed at (1) convincing an existing supplier to expand into new areas that meet the needs of the buying organization, and (2) locating a new, untried/unknown company and identifying potential areas of business.

A supplier is a person, company, or organization that sells or supplies goods or equipment to customers. Factors such as supplier qualification results, performance evaluation, and strategic importance are used to classify suppliers.

The seller is commonly known as the supplier, whereas the receiver is known as the buyer. The supplier creates products and distributes them via a distribution channel. The goods are then sold to a wholesaler before being delivered to the final consumer.

To know more about supplier, click here,

brainly.com/question/9379790

#SPJ4

what are some of the many ways that global supply chains are more complex than purely domestic supply chains? (select all that apply.)

Answers

Supply chain complexity is caused by a variety of factors often the result of rising customer expectations for faster lead times, expanded products and services, and tailored experiences.

How does supply chain complexity rise as a result of globalization?

Globalization in the context of supply chain management describes the method through which a corporation conducts its operations on a worldwide scale. Trade globalization gives businesses the chance to access new consumers in new markets, which drastically changes how successful manufacturers must conduct their business.

Everyone agrees that supply chains are complicated, that complexity is increasing over time, and that complexity raises the cost of operations. Therefore, experts need to find ways to lessen the negative effects that supply chains are having on their business operations.

To know more about supply chain, refer:

https://brainly.com/question/29318233

#SPJ4

what are not clash detection? group of answer choices creating lift-drawings between different scopes within the drawing sets. a strategy used to determine how effectively members from different trades will get along with one-another during the construction phase. a process for effectively identifying unintended conflicts between material or trade interfaces in a 3d project model. the process of organizing drawings in a systematic fashion so one can easily find the details needed to construct the project.

Answers

These are not Clash Detection:

The process of organizing drawings in a systematic fashion so one can easily find the details needed to construct the project.Creating lift-drawings between different scopes within the drawing sets.A strategy used to determine how effectively members from different trades will get along with one-another during the construction phase.

Two components in a design occupying the same space results in a "clash." The process of determining whether, where, or how two building components (such as walls, pipes, etc.) interact with one another is known as clash detection in Building Information Modeling (BIM).

A crucial component of BIM is clash detection, particularly as more and more governments begin to impose requirements on it. Many BIM software applications, like Spatial's BIM solution, have the capacity to find collisions of all kinds. Clash detection in Building Information Modeling (BIM) helps projects move more quickly by supporting architects and contractors in reducing the risk of multi-level design revisions that might result in price overruns and delays in project completion.

Learn more about Building Information Modeling here:

https://brainly.com/question/24418523

#SPJ4

a memorandum evidencing an oral contract must contain every term of the deal to be enforceable. group of answer choices true false

Answers

The statement, "a memorandum evidencing an oral contract must contain every term of the deal to be enforceable." is true.

A memorandum is a written communication that is frequently used in a formal setting. These messages, often referred to as "memos," are frequently succinct and made to be quickly understood. In order to implement dynamic and successful changes, memos can effectively communicate crucial information.

A memo, memorandum of understanding, memorandum of agreement, or memorandum of association are all examples of documents that serve as records of the terms of a transaction or contract in the law. In the business world, memos are frequently used by organizations for internal communication while letters are frequently used for external communication. A memorandum serves a variety of crucial purposes. Two of these include bringing problems to light and assisting in a problem's resolution through clear and concise communication.

Learn more about Memos here:

https://brainly.com/question/11736904

#SPJ4

Customer ________ refers to human or mechanical activities undertaken by firms to help satisfy their customers' needs and wants.

Answers

Customer service refers to human or mechanical activities undertaken by firms to help satisfy their customers' needs and wants.

Customer service can be described as the help that is provided by businesses to their customers if they have any needs, questions, or wants.

Customer service is present in a small communication bar on the company's website. You cancommunicate either with a human or a mechanical computer when using customer service. There are also phone numbers present as a part of customer service where you can talk to a representative and ask all about your queries.

Some businesses also have small places for customer services inside a mall or a shop in order to assist the customers.

To learn more about customer, click here:

https://brainly.com/question/1286522

#SPJ4

when the interest rate in the u.s. rises, u.s. financial assets become (more or less) more attractive to (foreign, domestic, or both foreign and domestic ) both foreign and domestic buyers.

Answers

Higher interest rates frequently draw foreign investment, which raises both demand for and the value of the currency of the host nation. Conversely, lower interest rates typically make a currency less valuable relative to other currencies and are less appealing to foreign investment.

What are the effects of an increase in interest rates?

A rise in interest rates has an impact on aggregate demand through a leftward shift in the aggregate demand curve, a decline in real GDP, and a decrease in price level. Consumption, investment, and net exports all decline as the interest rate rises, which lowers aggregate demand.

A decrease in interest rates can boost business activity because it will make it possible for them to borrow more money for investments.

Because borrowing money will become more expensive with an increase in interest rates, company activity would decline.

Existing bond prices automatically fall on the market when the Fed raises interest rates. This is due to the upcoming release of new bonds that will pay investors greater interest rates.

To know more about interest rates, refer:

https://brainly.com/question/13324776

#SPJ4

it has long been recognized in both the strategy and operations literature that the most effective external sourcing relationships involve considerable and .

Answers

It has long been recognized in both the strategy and operations literature that the most effective external sourcing relationships involve considerable management time and coordination.

About management strategy

Basically, strategic management is the process of making decisions, implementing actions and evaluating what has been done well in order to achieve the company's long-term goals.

This process is carried out continuously by evaluating and also controlling the internal business, conducting competitor analysis, and establishing strategies to be able to compete well.

After that, it is followed by re-evaluating the strategy on a more regular basis in order to be able to determine the actions that will be taken later and monitor its progress or be replaced by using another strategy.

This strategy must be applicable to all parties in the company in order to face competition and show the company's excellence.

The perspective concept will later be used when a problem has not arisen or as a plan that must be developed. While the descriptive concept will be applied in order to solve problems that must be resolved by the company.

Learn more about management strategy at https://brainly.com/question/22412901.

#SPJ4

​________ reflects the idea in​ e-commerce that large numbers of people can make better decisions about a wide range of topics or products than a single person or even a small committee of experts.

Answers

Crowdsourcing reflects the idea in​ e-commerce that large numbers of people can make better decisions about a wide range of topics or products than a single person or even a small committee of experts.

Simple definition of crowdsourcing?

Crowdsourcing is the process of asking a group of individuals for help in order to get the information, products, or services that are required. With the publication of his article "The Rise of Crowdsourcing" in Wired magazine in 2006, author Jeff Howe invented the phrase "crowdsourcing," which combines the terms crowds and outsourcing.

Which crowdsourcing techniques are there?

Crowdsourcing comes in a variety of forms, including crowdwisdom, crowdfunding, crowdsourcing and forecasting, crowdsourcing and invention, crowdsourcing and authenticity (C&A), crowdauditing, crowdcontrol, crowdcuration, and crowdcare.

To know more about Crowdsourcing visit:

https://brainly.com/question/19636856

#SPJ4

which negative work behavior is one that can be minimized through organizational policies and managerial coaching?

Answers

One can minimize absenteeism through organizational policies and managerial coaching.

Policies are broad declarations of how an organization wants to act, whereas procedures specify the specifics of how to carry out a task or perform step-by-step.

Managerial coaching should provoke thought rather than impose instructions, and instead of lecturing, coaches should spend more time listening. In addition, team members must to be given the chance to take ownership of their own aims and goals.

Poor communication between employees and management is the cause of absenteeism. Employees' rights, such as the number of sick days and paid vacation days available as well as accessible paid leave options, must be made known to them by managers.

Therefore, proper policies and managerial coaching is essential to minimize absenteeism.

To know more about absenteeism refer here:

https://brainly.com/question/10446118#

#SPJ4

suppose that you have a pumpkin stall at a farmer's market, and the halloween season arrives. you know that your customers will want to buy many pumpkins to decorate their houses and make pumpkin pies. which of the following is a likely result of this scenario? you will take fewer pumpkins to the market to sell. you will be able to sell only the highest-quality pumpkins. you will wind up with many unsold pumpkins. you can charge a higher price per pumpkin.

Answers

You'll bring fewer pumpkins to sell at the market. You will only be allowed to sell pumpkins of the finest caliber. You'll end up having lots of pumpkins that aren't sold. You can demand more money per pumpkin.

Why do you use the word "market"?

Market: A mechanism whereby commodities and services are exchanged as a result of contacts between buyers and sellers, whether directly or through intermediaries or institutions.

What kinds of markets are there?

Market categories:

A monopoly market is a system with has the characteristics of a pure economy.Oligopoly.Perfect rivalry.monopolistic rivalry.Monopsony.Oligopsony.Organic monopoly.

To know more about Market visit:

https://brainly.com/question/13414268

#SPJ4

Answer:

1200

Explanation:

The whole is the unknown.

Set up a proportion with the known values and solve for the whole.

part = 720 customers, percent = 60%, whole = ? total customers

720?=60100

Multiply the numerator and denominator of a fraction by the

same number to determine an equivalent fraction.

StartFraction 720 Over question mark EndFraction = StartFraction 60 Over 100 EndFraction. Arrows going from 60 to 720 and from 100 to question mark are labeled times 12. 60×12100×12==720?

Solve for the whole.

?=100×12=1,200

Which manufacturing strategy creates additional wait time for the buyer to receive the product, but allows customers to purchase pre-designed and pre-engineered products that can be customized to the the buyers specifications?.

Answers

Make-to-Order (MTO) is a manufacturing approach that adds to the buyer's wait time for the product delivery while enabling customers to buy pre-designed and pre-engineered goods that may be tailored to the buyer's requirements.

Meaning of "made to order"

Make to Order, also known as Build to Order and Made to Order, is a method used in commercial production where producers only create items after receiving a confirmed order.

The phrase "made to order" (MTO) refers to a business manufacturing strategy that frequently enables clients to buy things that are customized to their needs. An item is only created using this manufacturing technique if a verified customer order is received.

The manufacturing method known as "made to order" is used when a company decides to only build items once a customer orders them. For instance, a business that sells handcrafted furniture can hold off on designing and creating a new coffee table until a customer requests it.

Learn more about Make-to-Order (MTO): https://brainly.com/question/29104106

#SPJ4

Katie company issues $14 million in bonds. The bonds are well received by investors solely based on the excellent reputation and past performance of the company, its products, and its executives. Katie most likely is issuing a(n) _______ bond.
unsecured
secured

Answers

Katie most likely is issuing a debenture bond.

A debenture bond is a bond that is not secured by the issuer's assets. Instead, the bond is only backed by the issuer's reputation and integrity. To compensate investors for the increased risk of not having their funds repaid, this type of bond typically bears a higher rate of interest than a secured bond.

Debentures can pay periodic interest payments, which are also known as coupon payments. Debentures, like other types of bonds, are documented in an indenture. An indenture is a legally enforceable agreement between bond issuers and bondholders. The contract specifies the terms of a debt offering, such as the maturity date, the timing of interest or coupon payments, the method of calculating interest, and other details. Governments and companies both have the authority to issue debentures.

To learn more about Debentures, please refer to:

brainly.com/question/16050511

#SPJ4

for a monopolist, marginal revenue is a. positive when the demand effect is greater than the supply effect. b. negative when the price effect is greater than the output effect. c. negative when the output effect is greater than the price effect. d. positive when the monopoly effect is greater than the competitive effect.

Answers

For a monopolist, marginal revenue is negative when the price effect is greater than the output effect. So b. is the correct option.

A monopolist is a firm that is a single seller of a particular commodity or service in the market. This lack of competition and lack of substitute goods or services means the monopolist wields enough power in the marketplace to charge high prices. Due to market dominance and market power, the firm can determine the price independently.

To increase the sale of the output, the firm has to reduce the price of the commodity. That is why the marginal (revenue earned on an additional commodity), abbreviated as MR, is downward sloping. The MR can be positive as well as negative depending on two effects: price effect and output effect.

Learn more about monopoly in business here:

https://brainly.com/question/13113415

#SPJ4

Which departments within the organization should have access to the marketing plan?.

Answers

The marketing plan should be available to the organization's marketing departments.

What are the primary duties of such a marketing professional?

A marketing manager would conduct market research, comprehend consumer trends and preferences, develop marketing strategies and budgets, supervise the production of marketing materials or content, and carry out all other pertinent duties necessary to boost the company's sales.

What is included in a job description for marketing?

The Bureau of Labor Statistics (BLS) reports that they keep an eye on market trends, plan marketing campaigns, create pricing and target marketing based on demographic data, and work with the company to promote what they have to offer.

To know  more about  marketing professionals visit:

https://brainly.com/question/28328420

#SPJ4

Percy’s gpa is 2.75, so he should list it on his résumé. please select the best answer from the choices provided
a. true
b. false

Answers

True, your gpa should always be listed as a part of the education section in your resume, your gpa is a part of your educational achievements

Percy’s GPA is 2.75, so he should list it on his résumé.

False

ones embezzled $10,000 from his company's account in bank a. at year-end he hid the shortage by making a deposit on december 31 in bank a, drawn on bank b. he has not recorded the transaction on the books. this is an example of:

Answers

Jones embezzled $10,000 from his company's account in Bank A. At year-end he hid the shortage by making a deposit on December 31 in Bank A, drawn on Bank B. He has not recorded the transaction on the books. This is an example of Kiting.

A bank is a type of financial institution that lends money, accepts deposits from the general public, and produces demand deposits. Banks can lend directly or indirectly by using capital markets.Since banks are crucial to a nation's financial stability and economy, most legal systems place strict regulations on them.

A system known as proportional reserve banking, in which banks hold liquid assets for just a portion of their short-term liabilities, has been institutionalised in the majority of nations.

The correct option is D.

The above question is incomplete, the complete question is-

Jones embezzled $10,000 from his company's account in Bank A. At year-end he hid the shortage by making a deposit on December 31 in Bank A, drawn on Bank B. He has not recorded the transaction on the books. This is an example of:

A. Effective cash management.

B. Related party transactions.

C. Lapping.

D. Kiting.

To know more about Bank here-

https://brainly.com/question/14042269

#SPJ4

In effect, a _____ states that, regardless of policies in the employee handbook and regardless of any oral promises to the contrary, an employment-at-will situation still exists between the employer and its employees.
quasi-contract
disclaimer
relinquishment
waiver

Answers

In effect, a disclaimer states that, regardless of policies in the employee handbook and any oral promises, an employment-at-will situation still exists between the employer and its employees.

Disclaimer is used as a risk mitigation in business that states necessary information, clauses, laws, and claims before involving in any type of exchange of services, whether employees or a business partner. Business owners have a huge legal responsibility while operating any type of business online or in shops. Disclaimer reduces some of the legal responsibilities by putting such information on their products and services.

Disclaimers save companies from legal claims associated with third-party risk and users. It states legal texts to save the business from any legal action. In the question, the disclaimer states the conditions of employment-at-will situation.

Learn more about disclaimer here https://brainly.com/question/29383135

#SPJ4

if visibility is the primary campaign goal, which bidding strategy would be the most effective for an advertiser to use?

Answers

if visibility is the primary campaign goal, which bidding strategy would be the most effective for an advertiser to use Target impression share.

Boost the budget for your campaign: It's crucial to keep in mind that your budget determines how frequently an advertisement is presented, which can raise the proportion of overall impressions that your advertisement appears for. Increasing your offer In an ad auction, increasing your bid can increase the likelihood that your ad will appear. Increase your campaign budget: It's important to keep in mind that your budget determines how frequently an advertisement is displayed, which can raise the proportion of overall impressions that your advertisement appears for. Raising your bid can increase the likelihood that your ad will appear in a particular ad auction. The impression share (IS) of your adverts measures how many impressions they really acquire as a percentage of all possible impressions. Impressions divided by all eligible impressions equals impression share. You can view on-target impressions for a certain plan in addition to on-target reach. This is merely the approximate amount of impressions that will be made on members of your target demographic.

Learn more about  Target impression share here

https://brainly.com/question/29218153

#SPJ4

Second Chance Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2020 is available for Second Chance. Material Loading Time Charges Charges $192,400 Technicians' wages and benefits $39,600 Parts manager's salary and benefits Office employee's salary and benefits 51,800 9.400 Other overhead 14,800 19,600 Total budgeted costs $259,000 $68.600 The company desires a $39 profit margin per hour of labor and a 27.00% proft margin on parts. It has budgeted for 7,400 hours of repair time in the coming year, and estimates that the total invoice cost of parts and materials in 2020 will be $392,000. Compute the rate charged per hour of labor. Labor rate $ per hour Compute the material loading percentage. (Round answer to 3 decimal places, e.g. 10.501%.) Material loading percentage % Pace Corporation has requested an estimate to rebuild its spot welder. Second Chance estimates that it would require 38 hours of labor and $2,800 of parts. Compute the total estimated bill. (Round answer to 2 decimal places, eg. 10.50.) Total estimated bill

Answers

According to budgeted cost data total estimated bill is $6858

Budgeted cost per labor hour         35                = 259000/7400

+Profit margin                                   39

Labor rate                                         74                 per hour

Material loading charges              17.5%              = 68600/392000

+Profit on parts                              27%  

Material loading percent             44.5%    

Labor charges                             2812                 = 38×74

Materials parts                              2800  

Material loading charges             1246                = 2800×44.5%

Total estimated bill                      6858

Budgeted cost data- Budgeted costs are anticipated future costs that the company anticipates racking up in the future. In other words, based on anticipated revenues and sales, it is an estimated expense that management anticipates will be incurred in a future period.

For more information on budgeted cost visit:

brainly.com/question/27201970

#SPJ4

Potter Company is vertically integrated and currently produces a part that it uses to manufacture one of its products. The unit manufacturing costs of this part, assuming a production level of 5,000 units, are as follows: Direct Materials $3 Direct Labor $ 5 Variable Manufacturing Overhead $4 Fixed Manufacturing Overhead $ 2 Total Cost $14 The Fixed overhead costs are unavoidable. 1.) Elmo Industries has offered to sell 5,000 units of the same part to Potter for $13 per unit. Assuming Potter has no other use for its facilities what should Potter do? 2.) Assume Potter can purchase 5,000 units of the part from Coyne for $15 each and the facilities currently used to make the part could be rented out to another manufacturer for $20,000 a year. What should Potter do? 3.) Assume Potter can purchase 5,000 units of the part from Campigotto Company for $14 each, and the facilities currently used to manufacture the part could be used to manufacture 5,000 units of another product that would contribute $5.00 per unit to fixed costs. If no additional fixed costs would be incurred, what should Potter do? What are the incremental cash flows?

Answers

Therefore the incremental cash flow is $2. And potter should will not invest on Canyon when there is no additional fixed costs would be incurred.

What is a fixed cost?

Your final production cost will be less after deducting your variable costs multiplied by the quantity you produced. This will cover all of your fixed expenses. Fixed costs are those that are not affected by volume. The majority of fixed costs are outlays that are more time-dependent than they are production- or sales-related. Rent and leasing fees, salaries, energy prices, insurance premiums, and loan repayments are examples of fixed costs. Fixed costs, or expenses that never fluctuate, are unaffected by changes in sales or production volumes.

Why is fixed cost important?

The ability to predict a company's present and future financial needs makes fixed expenses crucial. Your expenses could go down and your profits could go up if you reduce your fixed costs. Your profit margin may rise as a result of this. The ability to predict a company's present and future financial needs makes fixed expenses crucial. Your expenses could go down and your profits could go up if you reduce your fixed costs. Your profit margin may rise as a result of this.

Briefing:

Fixed manufacturing overhed = $2

Total cost=$14

The fixed overhead costs are unavoidable which means that the total cost of making the product should be net of this amount:

=14-2

=$12

This means the company incurs $12 per unit produced. If they made it themselves.

=Cost of buying – Cost of making

=14-12

=$2

To know more about Fixed Cost visit:

https://brainly.com/question/17100497

#SPJ4

if a cpa firm is organized as an llp and an individual partner is involved in a negligent audit, another partner in the same cpa firm is personally liable: a. always b. if the partner operates out of the same office c. if the partner was involved in the audit in a supervisory role d. never

Answers

If the partner was involved in the audit in a supervisory role. (Option C)

How would you define audit?

To ensure that all departments are using a documented system of documenting transactions, an auditor must examine or inspect multiple books of accounts in addition to physically examining inventory. It is done to check the correctness of the financial statements that the organization provides.

What is auditor misconduct?

Gross negligence is significant in the context of professional negligence since it is considered professional misconduct. If auditors are found to have engaged in professional misconduct, they may be suspended or dismissed from their position.

To know more about financial statements, visit:

brainly.com/question/14951563

#SPJ4

Large firms may create a secure website known as a​ ____________ to link to suppliers and key business partners.

Answers

Large firms may create a secure website known as a private industrial network to link to suppliers and key business partners.

An industrial private network: what is it?

A company's suppliers, distributors, and other important business partners are connected to it through a private industrial network, often referred to as a private exchange, for effective supply-chain management and other cooperative commerce operations.

A private network company: what is it?

The same technology is used by public operator-run LTE networks as by private LTE networks, which are used for mobile phones in general. The private network infrastructure, which is completely on-site and under the company's control, is one of the main differences.

To know more about network industry visit:

https://brainly.com/question/14482509

#SPJ4

suppose that the gdp of california increases by 11% each year. how long will it take for the gdp of california to double?

Answers

Based on the data above, years to double of California's GDP is 3,3 years. It can be calculated using gross domestic product formula.

GDP or also known as Gross domestic product generally can be defined as a monetary measure of the market value of all the final services and goods produced and sold in a specific time period by countries. Due to its complex and subjective nature this measure is often revised before being considered a reliable indicator.

The formula of GDP is:

Gross domestic product = gross private investment + private consumption + government spending + government investment + (exports – imports).

To calculate how long will it take for the GDP will double:

Years To Double: 72 / Expected Rate of Return

Years To Double: 72 / 22%

Years To Double: 3,3 Years

Here you can learn more about gross domestic product brainly.com/question/14768180

#SPJ4

when it is hard to monitor worker productivity, employers often pay: a lower wage. a higher wage. a random wage. a wage based on worker qualifications.

Answers

When it is hard to monitor workforce productivity, employers often pay a lower wage. Hence, option A is appropriate.

What is the Workforce Productivity?

The quantity of things and services which a group of employees generates in a specific period is known as workforce productivity. It is one of many productivity metrics used by economists.

The quantity of work (or output) generated by an employee during a given period is referred to as workforce productivity. You have the authority and duty to support your team members in producing their best work as a manager. There are three techniques to gauge staff productivity: measuring objectives the evaluation of work quality.

We prefer to evaluate the number of hours spent on the output generated during that time to determine workforce productivity. It is possible to calculate output per working hour in some nations, notably the United States, that collect statistics on hours worked.

Hence, option A is correct.

Learn more about Workforce Productivity here:

https://brainly.com/question/11535307

#SPJ1

Other Questions
isolated in an otherwise quiet country field is a single sound source. when you stand 100 m from this source, the sound level from it is 35 db. what average power is being emitted by the source? What 5-letter word typed in all capital letters can be read the same upside down?. _____ is the process through which emotions are monitored, appraised, and modified in relation to goals.a.Secondary evaluationb.Emotional contagionc.Emotion regulationd.Situational compliance A developer has requested permission to build a large retail store at a location adjacent to the intersection of an undivided four-lane major road and a two-lane minor road. Traffic on the minor road is controlled by a stop sign. The speed limits are 35 and 50 mi/hr on the minor and major roads, respectively. The building is to be located at a distance of 65 ft from the near lane of one of the approaches of the minor road. Determine where the building should be located relative to the centerline of the outside lane of the major road in order to provide adequate sight distance for a driver on the minor road to turn right onto the major road after stopping at the stop line. Design vehicle is a multiple-unit truck. Lanes on the both roadways are 12 ft wide. Grades are approximately level. the public health nurse is teaching a community class of couples on fertility awareness-based methods. the nurse determines that additional teaching is needed when one of the couples states that they will be using which method? assume that each small sandwich uses 4 inches of bread and 3 ounces of meat, and that each large sandwich uses 12 inches of bread and 7 ounces of meat. assume also that the deli has on hand each day 105 feet of bread and 35 pounds of meat. assume also that the profit on each small sandwich is $0.90 and the profit on each large sandwich is $1.50. how many sandwiches of each size should the deli make in order maximize its profit? a child in gymnastics class has fallen off the balance beam and hurt her ankle. x-rays are negative for fracture, so the health care provider has diagnosed a severe sprain. which treatment measures should be taught to the family and child? select all that apply. At a real estate agency, an agent sold a house for $348000. The commission rate is 7.5% for the real estate agency and the commission rate for the agent is 25% of the amount the real estate agency gets. How much did the agency make on the house? How much did the agent earn in commission? Which type of moderately repetitive dna would be least likely to change its location in the genome?. when auscultation the lugs of an adult patient, the nurse notes that low-pitched, soft breath sounds are heard over the posterior lower lobes, with inspiration being longer than expiration. the nurse interprets that these sounds are misdemeanors are grave offenses punishable by at least a year in prison and possibly even death. true false If each gram of carbohydrates provides 4 calories, how many calories would you take in by eating 2 servings of crackers?1 serving size is 2 crackers.Someone help me with this an elderly woman who has not seen a health care provider in 15 years comes to the gynecology (gyn) clinic with reports of pelvic and back pain, along with weight loss which she attributes to her lack of appetite. she states that she has been very weak and fatigued for the last 12 months and attributes this to depression. what should the nurse expect this client to be diagnosed with? How many kilojoules are released when 2.60 mol of H2O2 reacts? smartphones and tablets currently outsell laptop and desktop computers. this statement describes the trend known as . which of the following policy tools did the fed create in 2008 to address the financial crisis? i. quantitative easing ii. credit easing iii. open market operations What is fractions for this pls help what prediction can be made about the entropy change during the proposed synthesis of solid nitrogen? What would you do if you were in charge of a nation and had a powerful country come in and want to colonize in your country? Would you let them do it? Would you fight back? What would the suggestion you would make to your country? The use of prolonged engagement in the collection of qualitative data enhances which of the following to the greatest degree?A) CredibilityB) TransferabilityC) DependabilityD) Confirmability