The management of Shatner Manufacturing Company is trying to decide whether to continue manufacturing a part or to buy it from an outside supplier. The part, called CISCO, is a component of the company’s finished product. The following information was collected from the accounting records and production data for the year ending December 31, 2020.
1. 7,900 units of CISCO were produced in the Machining Department.
2. Variable manufacturing costs applicable to the production of each CISCO unit were: direct materials $4.58, direct labor $4.51, indirect labor $0.45, utilities $0.41.
3. Fixed manufacturing costs applicable to the production of CISCO were:
Cost Item Direct Allocated
Depreciation $1,900 $860
Property taxes 530 320
Insurance 870 610 $3,
300 $1,790
All variable manufacturing and direct fixed costs will be eliminated if CISCO is purchased. Allocated costs will have to be absorbed by other production departments.4. The lowest quotation for 7,900 CISCO units from a supplier is $63,200.5. If CISCO units are purchased, freight and inspection costs would be $0.60 per unit, and receiving costs totaling $1,270 per year would be incurred by the Machining Department.Required:a) Prepare an incremental analysis for CISCO.

Answers

Answer 1

Answer:

Financial advantage of purchasing Cisco from outside vendor = $9,440

Explanation:

7,900 units produced

variable costs allocated to Cisco units (avoidable):

direct materials $4.58 per unitdirect labor $4.51 per unitindirect labor $0.45 per unitutilities $0.41 per unittotal $9.95 x 7,900 units = $78,650

fixed manufacturing costs allocated to Cisco:

depreciation $860property taxes $320Insurance $610total $1,790

an outside supplier can provide Cisco for $63,200 plus:

freight and inspection costs $0.60 per unit x $7,900 = $4,740total receiving costs $1,270total $6,010

                             Incremental Analysis

                                         Produce       Purchase       Difference

                                          Cisco           Cisco             amount

Variable production        $78,650                              $78,650

costs

Purchase price                                       $63,200       ($63,200)

Additional expenses                              $6,010           ($6,010)

Financial advantage of purchasing Cisco                   $9,440

Allocated fixed costs are not included in this analysis since they cannot be avoided by either action, producing or purchasing.


Related Questions

221 HW4 Ch 21
Question 6 of 10


- / 1


Prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 125.)
Cost Reconciliation
Cost accounted for
Transferred out
$


Work in process
Materials
$


Conversion costs


Total cost accounted for
$


eTextbook and Media

Answers

The cost reconciliation schedule:

Cost accounted for Transferred out $54,000Work in process Materials $36,000Conversion costs $25,500Total cost accounted for $115,500eTextbook and Media $0

Transferred out: The transferred out cost is the sum of the materials, labor, and overhead. In this case, it is $36,000 (materials) + $88,500 (labor) + $54,000 (overhead) = $178,500.

Work in process - Materials: The work in process cost for materials is $36,000.

Conversion costs - Work in process: The work in process cost for conversion costs is calculated by multiplying the percentage of completion for conversion costs (50%) by the equivalent units of production for conversion costs (57,000). Therefore, it is 0.5 * 57,000 = $28,500.

Total cost accounted for: The total cost accounted for is the sum of the transferred out cost, work in process cost for materials, and work in process cost for conversion costs. In this case, it is $54,000 + $36,000 + $25,500 = $115,500.

eTextbook and Media: The cost of eTextbook and Media is not specified in the provided information. If there is no cost associated with eTextbook and Media, it would be $0.

For such more question on reconciliation:

https://brainly.com/question/15525383

#SPJ8

A contestant asks for 200,000 for 25% of their business, what value have they placed on their entire company?

Answers

Answer:

$800,000

Explanation:

25% of the business is equal to 200,000, according to the contestants.

The entire company value is equivalent to 100%

25% = 200,000

100% = ?

100% = 200,000/25 x 100

=$8,000 x 100

=$800,000

Piedmont Company purchased merchandise on account from a supplier for $45000, terms 1/10, n/30. Piedmont Company returned $7000 of the merchandise and received full credit.If Piedmont Company pays the invoice within the discount period, what is the amount of cash required for the payment

Answers

Answer:

$33,500

Explanation:

The Cash Required for Payment to Supplier is The Purchases Price less Credit Allowance and Cash Discount granted since Piedmont Company pays the invoice within the discount period.

If Piedmont Company had paid invoice out of  the discount period we would only deduct the Credit Allowance from the Purchase Price.

Cash Required for Payment Calculation :

Purchase Price                                        $45,000

Less Credit Allowance                            ($7,000)

Less Cash Discount $45,000 x 10%      ($4,500)

Cash Required for Payment                   $33,500

Which of these measures would an
economist use to compare GDP from various time periods, and why? Which measure would an econo-
mist use to compare the GDP of various countries, and why?

Answers

An economist can use the real GDP to  compare GDP from various time periods

Why would an economist use the real GDP?

The real GDP is used to generate the actual  worth of all products and services in an   economy , which has been adjusted for inflation. Inflation adjustment is important because, unlike nominal GDP, it enables economists to check the output of various time periods in constant dollars.

The purchasing power parity (PPP) can be use by economist as a measure to compare the GDP of various nations. PPP shows details on how different countries can charge different prices for the same commodities and services. It also provides information on the actual standard of living in each nation

Learn more about  real GDP from

https://brainly.com/question/13527379

#SPJ1

Department 1 of a two department production process shows: Units Beginning Work in Process 10,000 Ending Work in Process 50,000 Total units to be accounted for 160,000 How many units were transferred out to Department 2?

Answers

Answer:

20000 for ending work 100000 total & 320000 are accounted for

Assume that on July 1, 2019, a parent company paid $1,504,800 to purchase a 75% interest in a subsidiary's voting common stock. On that date, the fair value of the 25% interest not purchased by the parent company is $500,000. The acquisition-date fair value of the identifiable net assets of the subsidiary is $1,920,000. What is the amount of goodwill assigned to the controlling and noncontrolling interests, respectively, on the acquisition date

Answers

Answer:

Goodwill assigned to the controlling:

= Amount paid to acquire 75% share - Share in fair value of the identifiable net assets

= $1,504,800 - ($1,920,000*75%)

= $1,504,800 - $1,440,000

= $64,800

Goodwill assigned to the non-controlling interests:

= Fair vale of the 25% interest - Share in fair value of the identifiable net assets

= $500,000 - ($1,920,000*25%)

= $500,000 - $480,000

= $20,000

Define the term creativity​

Answers

Answer:

Creativity is defined as the tendency to generate or recognize ideas, alternatives, or possibilities that may be useful in solving problems, communicating with others, and entertaining ourselves and others.

Answer:

Creativeness is defined as the tendency to generate or recognize ideas, alternatives, or opportunities which can be useful for problem-solving,  communication, and for fun with others.

Explanation:

Examples include creative thinking: problem-solving, writing, visual art, communication skills, and openness.

In 2019, website and moving development, web production, user interface, and interaction design as well as design and visual design will be the main fields for creative grabbing.

The cost of using a statistical quality control system is properly characterized in a Cost of Quality (COQ) report as a(n):

Answers

Answer: The cost of using a statistical quality control system is properly characterized in a Cost of Quality (COQ) report as a(n):

The cost of using a statistical quality control system can be properly characterized in a Cost of Quality (COQ) report as a prevention cost.

What is the benefit of the cost of quality coq analysis?

Manufacturers can evaluate and enhance their quality procedures by using the cost of quality. It is a method for identifying and quantifying where and how much of an organization's resources are used to prevent failures and maintain the quality of its products as opposed to the costs related to internal and external failures.

Prevention costs are the costs associated with preventing defects or quality problems before they occur. Implementing statistical quality control systems is a proactive measure that aims to prevent defects and nonconformities from occurring, which is why the cost of using such systems is classified as a prevention cost.

Examples of other prevention costs include employee training, process improvement initiatives, and equipment maintenance. By investing in prevention costs, organizations can improve their overall quality, reduce the likelihood of defects, and ultimately lower the cost of quality over time.

Learn more about the cost of quality here:

https://brainly.com/question/30977228

#SPJ2

Amber’s starting salary for her new job will be $35,500 a year. How much will she pay to the Social Security system for her first year assuming total FICA withholdings of 7.65%?

Answers

Answer:

I dont know the answer but I want whatever job she has

A company sells 10,000 shares of previously authorized stock at the par value of $10 per share. What's the correct entry to record the transaction?

Answers

The correct entry to record the transaction concerning the company's sale of 10,000 shares of previously authorized stock is a debit to Cash of $100,000 and a credit to Common Stock $100,000.

Data Analysis:

Number of shares sold = 10,000

Par value =$10 per share

Cash $100,000 Common Stock $100,000

Thus, the correct entry to record this stock sale is a debit to Cash of $100,000 and a credit to Common Stock $100,000.

Learn more about recording the issuance of stock here: https://brainly.com/question/25562729

Question 5 Shop A charges $275.00 for an oil change and has a gross oil profit percent of 39.1% for its total oil gross profit 96. Shop B charges $275.00 for an oil change and has a gross oil profit percent of 28.4% for its total oil gross profit . Both shops pay $21.25 per gallon of oil. What is the Profit per Lube for Shop B?​

Answers

To calculate the Profit per Lube for Shop B, we need to determine the total profit made from each oil change and then divide it by the amount of oil used.

First, we need to find the total oil gross profit for Shop B. We know that Shop B charges $275.00 for an oil change and has a gross oil profit percent of 28.4%. This means the gross oil profit is calculated as a percentage of the total price.

Gross oil profit for Shop B = 28.4% of $275.00

                                = (28.4/100) * $275.00

                                = $78.10

Next, we need to calculate the amount of oil used for each oil change. We are given that both shops pay $21.25 per gallon of oil.

Amount of oil used for each oil change = $275.00 / $21.25 per gallon

                                                     = 12.94 gallons (rounded to two decimal places)

Finally, we can calculate the Profit per Lube for Shop B by dividing the total oil gross profit by the amount of oil used.

Profit per Lube for Shop B = Gross oil profit for Shop B / Amount of oil used

                                       = $78.10 / 12.94 gallons

                                       ≈ $6.03 per gallon

Therefore, the Profit per Lube for Shop B is approximately $6.03 per gallon.

For more such answers on Profit

https://brainly.com/question/1078746

#SPJ8

Think of two methods used to improve productivity in business. Discuss your reasons for choosing these methods

Answers

Answer:

Actually we have 2 method of launching a product. First simultaneously which isn't the best way. Second is sequentially in one market after anther. And this method seems to be more useful than others.

Answer:

Planning is the first one because I believe this can improve productivity in everything.  Giving employees a schedule of what they day should look like is a great idea to give them an idea on what their time distribution should be.  It also makes their day less stressful without having to worry about unexpected jobs that need to be done and overall should make them more productive through a workday.  Having a organized process is another great attribute to improve productivity.  This will allow a clean process in creating your products and service and keep everything in place.  

Explanation:

Which of the following statements regarding public speaking is the most accurate?

1. Language theories (general semantics) tell us that meanings are in words themselves, not in the interpretation of those words.

2. The language spoken by the greatest number of people on the planet is English.

3. Spoken language includes more personal pronouns and more expressive, emotional, colloquial, slang, and nonstandard words.

4. Language is simply something we use; it is not part of who we are or how we think.

Answers

Answer:

it's 1 because the language theories tell us how we are supposed to use the proper form of words in speaking

QUESTION 4 of 10: Venture capitalists often seek a return of 10 times their investment in 7 years. Approximately what is this compound
annual rate of return?
ОООО
a) 39%
b) 43%
c) 57%
d) 65%
Submit
C2021 Knowledge Matters, Inc.
Due Date: Mar 17, 2021 at 7:00 pm EUT

Answers

Answer:

A

Explanation:

The compound rate of the return annually will be 39%. Then the correct option is A.

What is compound interest?

A loan or deposit's interest is computed using the starting principle and the interest payments from the ago decade as compound interest.

We know that the compound interest is given as

A = P(1 + r)ⁿ

Where A is the amount, P is the initial amount, r is the rate of interest, and n is the number of years.

Venture capitalists often seek a return of 10 times their investment in 7 years. Then the equation is given as,

10 = (1 + r)⁷

Simplify the equation, then we have

10 = (1 + r)⁷

log 10 = 7 log(1 + r)

log (1 + r) = 1 / 7

1 + r = 1.3895

r ≈ 0.39

r = 39%

The compound rate of the return annually will be 39%. Then the correct option is A.

More about the compound interest link is given below.

https://brainly.com/question/25857212

#SPJ6

Sofia wants to purchase new patio furniture for her backyard. She doesn't have a lot of extra money to spend on the furniture. What is the BEST
financial advice for Sofia regarding this purchase?
O A. Wait until there is a sale and then make the purchase.
О в.
Use a credit card and pay it off when she finds extra funds.
Shop at a rent-to-own store and buy the furniture with a down payment.
Take money from a retirement account to make the purchase now.
OC.
O D.
Reset
Nat

Answers

The best financial advice for Sofia regarding the purchase of new patio furniture would be A) Wait until there is a sale and then make the purchase.

Why should Sofia wait for a sale ?

Sofia's money-saving strategy is straightforward: she patiently awaits sales events to access reduced price offers, hence increasing her chances of saving a few bucks during purchases.

By adopting this wise approach, she guarantees that she makes every purchase without slipping deeper into debt or sacrificing any retirement savings in the process. As an added frugality tip, she could always scout for second-hand outdoor furniture with prime conditions to further reduce expenses.

Find out more on financial advice at https://brainly.com/question/30741216

#SPJ1

Answer:

A  wait till theres a sale and then make this purchase

Explanation:

a granite countertop manufacturer, delivered 5 countertops at $2,000 each to their client. The cost of producing the countertops was $500 each. The client paid cash for the countertops. First, how would the revenue from this transaction impact the accounting equation

Answers

There will be an increase in cash and revenue by $10000 as well as an increase the equity of the owner.

How to compute the value?

The relationship between an entity's assets, liabilities, and owner's equity is represented by the basic accounting equation, often known as the balance sheet equation. It serves as the system's cornerstone for double-entry bookkeeping. The total debits and total credit for each transaction are equal.

In this case, we are given the information that the countertop manufacturer, delivered 5 countertops at $2,000 each to their client and that the cost of producing the countertops was $500 each.

Therefore, the increase in the sales of the countertop will be:

= $2000 × 5

= $10000

Therefore, the increase in revenue will also increase the equity of the owner.

Learn more about accounting on:

https://brainly.com/question/26380452

#SPJ1

. Explain the role of money in specialisation and division of labour

Answers

Answer:Money plays a crucial role in the process of specialization and division of labor. As an economy grows, the division of labor becomes more complex, and people begin to specialize in specific skills and trades. Specialization and division of labor increase productivity and efficiency, which leads to economic growth. Money facilitates the exchange of goods and services between people who have specialized in different areas.When people specialize in specific skills or trades, they produce goods or services that are unique and valuable. Money allows them to exchange these goods and services with other people who have specialized in different areas. This exchange of goods and services is made possible by the use of money, which serves as a medium of exchange. Without money, people would have to rely on bartering, which would be difficult and inefficient.Moreover, money encourages further specialization and division of labor. When people are able to earn money by specializing in a particular skill or trade, they are more likely to continue doing so. This creates a positive feedback loop, leading to increased specialization, higher productivity, and economic growth.In summary, money plays a critical role in the process of specialization and division of labor by facilitating the exchange of goods and services between people who have specialized in different areas. Money encourages further specialization and division of labor, leading to higher productivity, efficiency, and economic growth.

Explanation:

Do you ever find yourself tempted to spend money on items that you don’t really need such as electron it gadgets or trendy clothes imagine that you decided not to buy such things what would you do with the money you saved as a result of your decision

Answers

Answer:

Yes, i do find myself buying items that are not useful for me at all, just buying them for fun. I would buy something which is useful and can last a long time with the money i saved. I hope this helped :)

Explanation:

Whom should you hire? Madison is a fun-loving leader who wants the best for her employees. She will pull the group together by organizing group get-togethers and outings and by making sure that every employee feels like he or she has the right to speak up. Abigail is a no-nonsense leader with a strong background in sales and merchandising. She will pull the group together by implementing training, giving directions, and making sure that everyone knows exactly what they are expected to do.

Answers

Madison. Making sure employees feel happy and heard will produce a better outcome than strict. Yes, Abigail is a good leader, but employees won’t want to work under the strict leadership.

Explain project teams

Answers

Answer:

A project team is a team whose members usually[quantify] belong to different groups, have different functions and are assigned by the project manager to activities for the same project. A team can be divided[by whom?] into sub-teams according to need. Usually project teams are only used[by whom?] for a defined period of time. They are disbanded[by whom?] after the project is deemed[by whom?] complete. Due to the nature of the specific formation and disbandment, project teams are usually in organizations.

Explanation:

mark me as brainliest

Once jobs have been evaluated by means of one of the job evaluation methods
the value that has been established allows it to be slotted into a hierarchy that wi
eventually develop a profile of the importance of each job to the organisation.
Create a job hierarchy by placing the positions listed below in order of rank.
Illustrate by using an organogram/chart.
(17 marks)
Positions in an organisation:
1. Artisans
4. Production Manager
7. Sales Consultants
10. Account Supervisor
13. Security
2. Cleaners
5. Sales Manager
8. Debtors clerks
11. General Manager
14. Machine Operators
3. Financial Manager
6. Receptionist
9. Supervisors (Sales)
12. Production Supervisor

Answers

To create a job hierarchy, we need to consider the relative importance of each position based on job evaluation.

How to create the hierarchy

Here is one possible hierarchy, from highest to lowest:

General Manager

Financial Manager

Production Manager

Sales Manager

Account Supervisor

Supervisors (Sales)

Sales Consultants

Debtors clerks

Production Supervisor

Machine Operators

Security

Artisans

Cleaners

Receptionist

This hierarchy places the highest-ranked positions at the top and the lowest-ranked positions at the bottom. The General Manager is at the top because this position typically has the highest level of responsibility and authority in the organization.

Read more on job hierarchy here:https://brainly.com/question/30455983

#SPJ1

On December 31, 2021, Campbell obtained a loan for $650 and used the proceeds, along with the transfer of 35 shares of its $10 par value common stock, in exchange for all of Newton’s common stock. At the time of the transaction, Campbell’s common stock had a fair value of $40 per share.In connection with the business combination, Campbell paid $25 to a broker for arranging the transaction and $30 in stock issuance costs. At the time of the transaction, Newton’s equipment was actually worth $1,450 but its buildings were only valued at $590.Compute the consolidated equipment (net) account at December 31, 2021.

Answers

The consolidated common stock account at December 31 is  $1,430

Using this formula

December 31 Consolidated common stock account=Common Stock + Stock Issued par value

Let plug in the formula

December 31 Consolidated common stock account=$1,080+($10 × 35 shares)

December 31 Consolidated common stock account= $1,080 + $350

December 31 Consolidated common stock account= $1,430

Inconclusion The consolidated common stock account at December 31 is  $1,430

Learn more about consolidated equipment (net) account here:

https://brainly.com/question/20327244

The average starting salary for this year's graduates at a large university (LU) is $20,000 with
a standard deviation of $8,000. Furthermore, it is known that the starting salaries are normally
distributed.
a. What is the probability that a randomly selected LU graduate will have a starting salary
of at least $30,400? (3 marks)
b. What is the probability that a randomly selected LU graduate will have a salary of
exactly $30,400? (2 marks)
c. Individuals with starting salaries of less than $15600 receive a low income tax break.
What percentage of the graduates will receive the tax break? (2 marks)
d. If 189 of the recent graduates have salaries of at least $32240, how many students
graduated this year from this university? (3 marks)

Answers

Answer:

a) The probability that a randomly selected LU graduate will have a starting salary of at least $30,400 = P(x ≥ 30400) = 0.0968

b) The probability that a randomly selected LU graduate will have a salary of exactly $30,400 = 0.000021421

c) Percentage of students that will receive a tax break = 29.12%

d) Total Number of graduates this year = 3,000

Explanation:

This is a normal distribution problem with

Mean = μ = $20,000

Standard deviation = σ = $8,000

a) The probability that a randomly selected LU graduate will have a starting salary of at least $30,400 = P(x ≥ 30400)

We first normalize or standardize $30,400

The standardized score for any value is the value minus the mean then divided by the standard deviation.

z = (x - μ)/σ = (30400 - 20000)/8000 = 1.30

The required probability

P(x ≥ 30400) = P(z ≥ 1.30)

We'll use data from the normal probability table for these probabilities

P(x ≥ 30400) = P(z ≥ 1.30) = 1 - P(z < 1.30)

= 1 - 0.90320

= 0.0968

b) The probability that a randomly selected LU graduate will have a salary of exactly $30,400

Here, we will use the normal distribution formula. The normal distribution formula is presented in the attached image

P(X = x) = f(x) = [1 ÷ σ√(2π)] × e^(-0.5z²)

x = $30,400

σ = $8,000

z = 1.30

P(X = 30400) = f(30400) = 0.000021421

c) Individuals with starting salaries of less than $15600 receive a low income tax break.

What percentage of the graduates will receive the tax break?

Required probability = P(x < 15600)

We first normalize or standardize $15,600

z = (x - μ)/σ = (15600 - 20000)/8000 = -0.55

The required probability

P(x < 15600) = P(z < -0.55)

We'll use data from the normal probability table for these probabilities

P(x < 15600) = P(z < -0.55)

= 0.29116 = 29.116% = 29.12%

d) If 189 of the recent graduates have salaries of at least $32240, how many students

graduated this year from this university?

We first find the percentage of LU graduates with salaries more than $32240

Required probability = P(x ≥ 32240)

We first normalize or standardize $32,240

z = (x - μ)/σ = (32240 - 20000)/8000 = 1.53

The required probability

P(x ≥ 32240) = P(z ≥ 1.53)

We'll use data from the normal probability table for these probabilities

P(x ≥ 32240) = P(z ≥ 1.53) = 1 - P(z < 1.53)

= 1 - 0.93699

= 0.06301 = 6.301%

So, 6.301% of the graduates this year = 189

Total Number of graduates this year = (189/0.06301) = 2999.5 = 3000 graduates this year.

Hope this Helps!!!

The average starting salary for this year's graduates at a large university (LU) is $20,000 witha standard

Who is a business letter not written by?

Answers

A business letter is not written Option C. between two private individuals.

A business letter is a formal letter used by businesses or companies to communicate with customers, clients, other companies, or government officials. It is used for various purposes, such as requesting information, placing orders, providing feedback, making inquiries, making claims, making offers, and more. Business letters are different from personal letters in that they are more formal, objective, and to the point.

Business letters are usually written by a company's employees who have the authority to do so. For instance, the sales team may write letters to prospective clients to solicit their business, while the human resources department may write letters to job applicants to inform them of their application status. There are various types of business letters, and each serves a different purpose. Some common types of business letters include:

1. Inquiry letters: Used to request information about products, services, or pricing.

2. Order letters: Used to place orders for goods or services.

3. Complaint letters: Used to make a formal complaint about a product or service.

4. Adjustment letters: Used to respond to a complaint or request for an adjustment.

5. Sales letters: Used to sell a product or service.

6. Acknowledgment letters: Used to acknowledge receipt of an order, complaint, or request.

7. Employment letters: Used to communicate with job applicants, employees, or ex-employees.

8. Invitation letters: Used to invite someone to an event or occasion.

9. Cover letters: Used to accompany a resume or job application.

Business letters are important because they create a record of communication between two parties, and they provide a paper trail of events. They are also important because they can be used in legal proceedings, as they show that the parties communicated about a particular matter. Therefore, the correct option is C.

The question was incomplete, Find the full content below:

A business letter is not written

A. between a company and its customers or clients

B. between one company and another company

C. between two private individuals

D. to employees within a company to recognize important achievements

Know more about Business letter here:

https://brainly.com/question/30679567

#SPJ8

Pacific Independent School District issued $100 million of general obligation bonds to finance the construction of new schools. The bonds were issued at a premium of $0.6 million. Prepare the capital projects fund journal entries to record the issue of the bonds and the transfer of the premium to an appropriate fund. Suppose, instead, that the bonds were issued at a discount of $0.6 million but that the project will still cost $100 million. Prepare the appropriate entries. Contrast the entries in this part with those in part 1. Indicate the options available to the school district, and state how they would affect the entries required of the district. Suppose that the government chose to finance the balance of the project with general revenues. Prepare the appropriate capital projects fund entry.

Answers

Answer:

1. Dr Cash$100,600,000

Cr Bond proceeds (Face value amount )$100,000,000

Cr Bond proceeds (Bond premium amount )$600,000

Dr Nonreciprocal transfer of bond premium to debt service fund $600,000

Cr Due to debt service fund/Cash $600,000

2a. In a situation where bonds are been issued out at a discount the debt services will have unavailable resources to send to the capital project fund.

2b. Both Bonds premiums as well as discount will tend to be an issue reason been that the uncertainly of the amount of cash that are in excess will have to be disposed off as well as the ways of compensating for cash deficiency

3. Dr Due from the general fund $600,000

Cr Other financing use- nonreciprocal Transfer from the general fund $600,000

Explanation:

1.Preparation of the capital projects fund journal entries

Dr Cash$100,600,000

($100,000,000+$600,000)

Cr Bond proceeds (Face value amount)$100,000,000

Cr Bond proceeds (Bond premium amount)$600,000

(To record issuance of bonds sold at a premium)

Dr Nonreciprocal transfer of bond premium to debt service fund $600,000

Cr Due to debt service fund/Cash $600,000

(To record the premium payable to the debt service fund)

2. Preparation of the Journal entries.

suppose the bonds were issued at a discount of $0.6 million in which the project will still cost $100 million.

Dr Cash $994,000,000

($100,000,000-$600,000)

Cr Other financing sources-bond proceeds(Bond discount)$600,000

Dr Other financing sources-bond proceeds(Face value)$100,000,000

(To record the issue of bonds at a discount)

2a. When Contrasting the Journal entries in this part with those in part 1 this means that in a situation where bonds are been issued out at discount the debt services will have unavailable resources to send to the capital project fund.

2b. The options that are available to the school district and how they would affect the entrees required of the district is that both Bonds premiums as well as discount will tend to be an issue reason been that the uncertainly of the amount of cash that are in excess will have to be disposed off as well as the the ways of compensating for cash deficiency

c. Preparation of the appropriate capital projects fund Jounal entry

Dr Due from the general fund$600,000

Cr Other financing use- nonreciprocal Transfer from the general fund $600,000

A plant asset cost ₤320,000 and is estimated to have a ₤40,000 residual value at the end of its 8-year useful life. The annual depreciation expense recorded for the third year using the double-declining-balance method would be?

Answers

Depreciation is the process of allocating the price of a plant asset to expense in the accounting periods benefiting from its use.

How is the whole depreciation of a plant asset calculated?

Determine the value of the asset. Subtract the estimated salvage price of the asset from the cost of the asset to get the whole depreciable amount. Determine the beneficial lifestyles of the asset. Divide the sum of step (2) by using the wide variety arrived at in step (3) to get the annual depreciation amount.

Depreciation is the technique of allocating to expense the cost of a plant asset over its beneficial (service) existence in a rational and systematic manner. Such cost allocation is designed to desirable in shape prices with revenues.

Learn more about Depreciation here:

https://brainly.com/question/28108679#SPJ1

It is better to ___ than to ___.

A. pay with a credit card; use cash

B. pay down a credit card; save the money

C. save the money, pay off a credit card

D. use cash; save the money

Answers

Answer:

It is better to pay down a cred card than to save the money.

Or B

Explanation: I just took the quiz.

It is better to "save the money, pay off a credit card" than to "use cash". The correct option is C.

Why is it important to save money early?

The first step toward financial independence is saving money. The sooner children and teenagers begin saving, the more probable it is that it will become a habit. Children and teenagers can benefit from compound interest by saving frequently and early. Finding ways to generate additional money might help kids and teenagers increase their savings.

This is because paying off a credit card debt can help reduce overall debt and save money in the long term by avoiding high-interest charges. On the other hand, using cash may provide a sense of security and control over spending, but it does not necessarily address existing debt or help build credit history.

Thus, the ideal selection is option C.

Learn more about saving money here:

https://brainly.com/question/25192498

#SPJ2

James has earned his doctorate in kinesiology and gone on several job interviews. He has been offered positions at different universities. James is planning to move out of state next year, so his primary factor for consideration is that he not be tied down to a long-term commitment. Which option would work the best for him?


a tenure-track position as an assistant professor at a liberal-arts college

a position as an adjunct professor at a technical college

The director of a community athletic center

a postdoctoral fellow at a university

Answers

the best option for him would be a position as a adjunct professor at a technical college

Purpose of listening in communication

Answers

Answer:

Listening skill allows one to make sense of and understand what another person is saying. In other word listening skills allow people to understand what someone is talking about -the meaning behind the word.. The ability to listen carefully allows worker to better understand assignments they are given.

What do you think the curves would look like in the next 100 years?

Answers

Answer:The last 100 years have seen a massive fourfold increase in the population, due to medical advances, lower mortality rates, and an increase in agricultural productivity made possible by the Green Revolution.

Other Questions
Solutions of sulfuric acid and lead(II) acetate react to form solid lead(II) sulfate and a solution of acetic acid. 4.90 g of sulfuric acid and 4.90 g of lead(II) acetate are mixed. Calculate the number of grams of sulfuric acid, lead(II) acetate, lead(II) sulfate, and acetic acid present in the mixture after the reaction is complete . what cell organelle is not needed for basic life functions of a cell and why How many cycles of -oxidation are required for the complete oxidation of activated oleic acid, 18:1(9)? What is the structure of the partially oxidized fatty acyl group that is formed when this oleic acid, has undergone three cycles of -oxidation? What are the next two steps in the continued oxidation of this intermediate? Which of the following microbes have evolved an intracellular life style? a. Bacillus anthracis b. Coxiella burnetii c. MRSA d. two of these. Another yummy one. Where is this Christmas cake originally from? Given the function f(x) = 4x+2, what is the value of f(3)? A scientist wants to study the interactions of different birds in the southern part of a desert. what should the scientist do first? identify local names for each bird species. determine what foods each bird species eats. identify each bird species by using a dichotomous key. determine each bird species' migration pattern. Mountain lions in Santa Cruz experiencing neurological and reproductive damage, potentially leading to population declines is an example of Q 35- The difference between two positive numbers is 20 and their ratio is 3:2. Find the product of the two numbers? A-400 B-800 C-900 D-1600 After the end of the Civil War, which goal did the federal government hope to accomplish during Reconstruction? Answer the following questions in one or two words each (12 marks]a. Which project method would you use for non-repetitive projects where activity times are not known with certainty?b. If the ordering cost of a product is reduced to one-fourth, what will be the impact on the EOQ?C. If the severity, occurrence and detectability scores of a particular failure mode are 3, 7 and 4 respectively, what is the RPN of this failure mode?d. Creating a project charter is part of which stage in the six sigma project?e. For JIT to be practically implementable, what should be the nature of demand?f. If the standard deviation of the project duration is 4 weeks, and mean time to complete the project is expected to be 40 weeks, what is theprobability that the project would be completed in 32 weeks?g. If the confidence level required to fulfil the demand increases from 90% to 95%, what would be the % increase in the safety stock?h. Which scheduling rule is expected to give lower work in process?i. Which scheduling rule is expected to give lowest average lateness of jobs?J. Which are the two most prominent departments involved in S&OP meetings in an organization?k. Mention any two inputs for generation of MRPI. Among the 8 wastes of lean, which is the 8th waste that has been recently added to the origial 7 wastes? Please answer correctly !!!!!!! Will mark brainliest answer !!!!!!!!!!!!! The total assets of Marigold Company are $733,500 and its liabilities are equal to one-half of its total assets. What is the amount of Marigold Company's stockholders ' equity ? How to doRosalita spent $18.95 on a large box of greeting cards, $2.95 for a roll of ribbon, $15.64 for a scrapbook, and $5 for scrapbook stickers (prices include tax). The cashier gave Rosalita $7.46 change.How much money did Rosalita give to the cashier? how does institution relate to a government (can you leave your sources here btw pls i need to look into this more but idk where) Will mark brainliest! The triangles shown below must be congruent, true or false Choose the best answer that applies to protein translation.a. The elongation phase of protein translation costs energy in the form of the hydrolysis of high-energy phosphate bonds (either in the form of ATP or GTP).b. All of these are correct. c. The initiation phase of protein translation costs energy in the form of the hydrolysis of high-energy phosphate bonds (either in the form of ATP or GTP). d. The termination phase of protein translation costs energy in the form of the hydrolysis of high-energy phosphate bonds (either in the form of ATP or GTP). How important is the Kartilya to the past and today's society?. Historically, people of color have not had the same opportunities as others for high levels of education to secure high paying jobs. Research shows that achievement levels in schools are highly correlated to:__________a. lack of educational resources and opportunities for people of color.b. implicit bias and lack of student motivation.c. large class sizes and poor instruction in urban school settings.d. income levels of parents and the opportunities they have for jobs and housing. "Draw the mechanism for the gold-catalyzed Meyer-Schuster Rearrangement of 1-phenyl-1-hexyn-3-ol into 1-phenylhex-2-ene-1-one, as shown below"