Differential Chemical produced 14,000 gallons of Preon and 28,000 gallons of Paron. Joint costs incurred in producing the two products totaled $7,800. At the split-off point, Preon has a market value of $6.00 per gallon and Paron $2.00 per gallon. Compute the portion of the joint costs to be allocated to Preon if the value basis is used.Multiple Choice$1,560.$5,845.$2,600.$4,680.$3,120.

Answer: $4680

Explanation:

The joint cost allocated to Preon will be calculated below as:

Preon's value will be:

= 14000 × $6.00

= $84000

Paron's value will be:

= 28000 × $2.00

= $56000

Total value = Preon's value + Paron's value

= $84000 + $56000

= $140000

The joint cost allocated to Preon will be

= 7800 × 84000/140000

= $4680

On December 1, Year 1, Childe Company purchased $100,000 of bonds issued by Paperman Company at face value. The bonds mature in ten years. Childe’s intent was to keep the bonds available to sell when cash needs arise in future years. The fair value of those bonds increased to $102,000 on December 31, Year 1. Which of the following statements are correct with regards to this investment? (Select all that apply.) Check All That Apply The bonds should be reported among assets in the balance sheet at December 31, Year 1. The bonds should be reported among assets in the balance sheet at December 31, Year 1. The bonds should be reported at their fair value of $102,000 in the balance sheet. The bonds should be reported at their fair value of $102,000 in the balance sheet. An unrealized holding gain of $2,000 should be included in net income for Year 1. An unrealized holding gain of $2,000 should be included in net income for Year 1. An unrealized gain of $2,000 should be included in other comprehensive income for Year 1.

The new proposed project needs to use an expensive medical equipment that is already owned by the company. The purchase price of this equipment is $640,000 . The company also spent $71,000 to update its operating software. The equipment recieved a recent market bid from an interested buyer of $768,000. The current book value of $525,000. If the company decides to use this equipment for the new project , what value should we use for this equipment to be included in the initial cash flow of the project

Answer the following questions about the tax multiplier: Instructions: In parts a and b, round your answer to 2 decimal places. In part c, enter your answers as a whole number. If you are entering a negative number include a minus sign. a. Suppose the marginal propensity to consume (MPC) for a nation is 0.9. What is the tax multiplier for this nation

Which form of currency is a promissory note that is to be paid back with
interest at a certain date?
A. A banknote
B. A government bond
C. A paper dollar
D. A treasury note

Burger Prince buys top-grade ground beef for $1.05 per pound. A large sign over the entrance guarantees that the meat is fresh daily. Any leftover meat is sold to the local high school cafeteria for 75 cents per pound. Four hamburgers can be prepared from each pound of meat. Burgers sell for 70 cents each. Labor, overhead, meat, buns, and condiments cost 40 cents per burger. Demand is normally distributed with a mean of 385 pounds per day and a standard deviation of 30 pounds per day. What daily order quantity is optimal

24. The following information is available for Geek Manufacturing Company. -- Direct materials price standard is $4.50 per pound. -- Direct materials quantity standard is seven pounds per finished unit. -- Budgeted production is 25,000 finished units. -- 200,000 pounds of direct materials were purchased for $925,000. -- 200,000 pounds of direct materials were used in production. -- 25,600 finished units of product were produced. What is the direct materials price variance

he management of Green Energy Manufacturing is analyzing variable overhead variances for the fiscal period just ended. The flexible budget called for $176,000 in variable overhead but actual variable overhead was $100,000. In computing the overhead variances, Green's management discovered that it had used 40,000 pounds of direct material, rather than the budgeted amount of 44,000 pounds. (Pounds of direct material is the single overhead driver of variable overhead). The standard variable overhead rate per pound of direct material is $2.00. What is Green's variable overhead spending variance

what are the limitations of SWOT ANALYSIS?​

"Using the given information, determine the cost of one no rechargeable alkaline battery; and compare with the cost of one rechargeable NiCad battery. *Assumption: The cost of the electricity to recharge the NiCad is negligible (about $0.01). NiCad batteries can be recharged (reused) 100 times. A 4 pack of AA NiCad rechargeable batteries cost $10.80. A 4 pack of AA alkaline non rechargeable batteries cost $3.69. Over the life of the battery, which battery is most cost effective? Group of answer choices The NiCad AA rechargeable battery The AA alkaline non rechargeable battery Both batteries cost are the same Batteries are independent of chemical composition and therefore does not impact consumer cost structures"

Dummitt, Inc. anticipates sales of 70,000 units, 68,000 units, and 71,000 units in July, August, and September, respectively. Company policy is to maintain an ending finished-goods inventory equal to 30% of the following month's sales. On the basis of this information, how many units would the company plan to produce in August

What are products called that are special or different from those grown as commodities?
unique products
salable products
fungible products
differentiated products

Jan. 15 Declared a $0.40 cash dividend per share to stockholders of record on January 31, payable February 15. Feb. 15 Paid the dividend declared in January. Apr. 15 Declared a 10% stock dividend to stockholders of record on April 30, distributable May 15. On April 15, the market price of the stock was $16 per share. May 15 Issued the shares for the stock dividend. Dec. 1 Declared a $0.50 per share cash dividend to stockholders of record on December 15, payable January 10, 2023. Dec. 31 Determined that net income for the year was $371,000.

Which person would most likely be in the market for a mortgage loan? Person A: I just got a great new job, so I want to buy a bigger house. I'd like to take out a big loan that I can pay off over a long time while I'm living in the new house. Person B: I want to buy a new video game, but I don't want to take out a real loan. I'd rather just get an advance on my next paycheck so I can buy the game right now. Person C: I just got into medical school, but the tuition is really expensive. I need to borrow some money to pay for school, and I'll pay it back after I start working as a doctor. Person D: I don't need to borrow money right now, but I want to have access to money whenever I might need it. It would be nice to be able to pay off some bigger purchases over time.​

given that x is equals to -2 find the value of y and z for the simultaneous equation x+-z=-1, x-2y+z=-7​

Which examples demonstrate common qualifications for Quality Assurance careers? Check all that apply.

Claudia designs images and writes text for a product advertisement.
Harrison stands for long periods while checking the quality of a factory’s manufacturing process.
Mercedes inspects products on an assembly line to make sure they meet the company’s standards.
Lyle convinces customers to purchase defective products for a discounted price.
Arturo performs laboratory tests to check for pollution in the area near a factory.
Simone weighs and measures products to make sure they are the right size.

A company's unadjusted trial balance shows a debit balance in the allowance for doubtful accounts. This means that a. The company has written off more accounts receivable during the period than were accounted for in the opening balance of the allowance. b. The company must recognize bad debt expense at least as great as the unadjusted debit balance of the allowance. c. The company has written off too many accounts receivable and should reassess its write-off policy. d. Both a and b above are correct.

Seattle Health Plans currently uses zero-debt financing. Its operating profit is $6 million, and it pays taxes at a 23 percent rate. It has $10 million in assets and, because it is all-equity financed, $10 million in equity. Suppose the firm is considering replacing 59 percent of its equity financing with debt financing that bears an interest rate of 9 percent. What impact would the new capital structure have on the firm's ROE (return on equity)

Planning goals is a large part of self-management.
Please select the best answer from the choices provided
OT
OF

You decide that structural changes must be made immediately at Holden Evan to deal with the problems caused by the three SBU marketing teams. What should you do? Select an option from the choices below and click Submit. Merge the independent procurement teams of each SBU into a single procurement division serving all product lines. Create a cross-department team to investigate in depth how the problems arose and to offer suggestions on how to deal with them. Merge the three marketing teams of each SBU into a single marketing division serving all product lines.

Flash ECard Manufacturing manufactures software parts for the computer software systems that produce ecards. The Flash II part is currently manufactured in the Computer Department. The Data Department also produces the part and the plant has excess capacity to produce the Flash II part. The current market price of the Flash II part is​ $700. The managerial accountant reported the following manufacturing costs and variable expense​ data: Flash ECard Manufacturing Manufacturing Costs and Variable Expense Report Flash Component Direct materials ​$810 Direct labor ​$160 Variable manufacturing overhead ​$140 Fixed manufacturing overhead​ (current production​ level) ​$185 Variable selling expenses​ (only incurred on sales to outside​ consumers) ​$136 If the highest acceptable transfer price is​ $700 in the​ market, what is the lowest acceptable inhouse price the Data Department should receive to produce the part inhouse at the Computer​ Department? "810"

g 10. Problems and Applications Q10 Expansionary fiscal policy is more likely to lead to a short-run increase in investment when the investment accelerator is . True or False: Expansionary fiscal policy is more likely to lead to a short-run increase in investment when the interest rate sensitivity of investment is large than when it is small. True False

7. Gold Company has budgeted the following costs for the production of its only product: Direct Materials $75,000 Direct Labor 50,000 Variable indirect production costs 25,000 Fixed indirect production costs 27,500 Variable selling and administrative costs 7,500 Fixed selling and administrative costs 15,000 Total Costs $200,000 Gold Company wants a profit of $100,000, and expects to produce 2,500 units. The market price is $125 per unit. What is the target cost per unit of the product

Suppose Robina Bank receives a deposit of $53,589 and the reserve requirement is 3%. Answer the questions using this information. Round your answers to two decimal places. What is the amount that Robina Bank must keep on hand as required by the Federal Reserve (Fed)? keep on hand: $ What is the amount that Robina Bank must have in excess reserves from this initial deposit? excess reserves: $ What is the total change in the M1 money supply from this one deposit? total change: $

What factors do you need to consider when choosing financial institution?

How can our perceptions help us to choose the channel for our message?
a.
Sharing our perceptions will encourage our receivers to tell us what channel to use.
b.
Perceptions do not help us to choose the channel for our message.
c.
Perceptions about our receiver can help us to decide on the most appropriate channel.
d.
none of the above

Sales $ 79,000 $ 65,000 $ 61,000 $ 57,000 $ 50,000 Cost of goods sold 75,900 50,100 49,800 40,200 30,000 Dollar amounts stated are in thousands. a. Compute trend percentages for the above items taken from the financial statements of Lopez Plumbing over a five-year period. Treat 2017 as the base year. b. State whether the trends are favorable or unfavorable.

Which company does not issue credit reports? O A. TransUnion B. Experian C. Equifax D. Expedia​

Unibic India: From Fastest Growing Niche Cookie Brand to a Challenger?

In 2007, Lighthouse Funds acquired a 25% stake in Unibic from Unibic Australia for Rs. 200 million. In 2010,

Unibic Australia started making losses and wanted to withdraw from the Indian market. At that time, Unibic

operated solely in the premium, high-margin cookies segment in India, with a share of around 8%. It had a

market presence primarily in south India and was exporting to the Middle East and Hong Kong. It had strategic

alliances to make cookies for various private players. However, it was not yet making profits and was cash-

strapped...

Over the next few years, Unibic grew rapidly. Its growth was primarily fueled by the changes sweeping through

the Indian biscuit industry, wherein glucose biscuits that had dominated the market, gradually lost out to cream

biscuits and cookies. The reasons for the shift included rising disposable incomes leading to an increase in

consumption of premium biscuits; a larger number of manufacturing facilities of premium biscuits; growing

health awareness; innovation bringing in attractive new products; rising affordability of cookies; and increase

in eye-catching packaging...

Over the years, Unibic regularly introduced fresh and unique flavors, ultimately producing over 30 variants of

cookies. Its products could be broadly categorized into chocolate, butter, milk, savory, and health. The company

considered its target market to be between the ages of 14 and 40. It continued its efforts at innovation and

produced new products which would appeal to its target market...

In 2015, Unibic had used celebrity endorsement by signing on south Indian actor Shruti Hassan, for over a year.

It stated that it wanted someone who was relevant and would give the brand a boost to get to the numbers it

wanted in the South...

Unibic didn’t advertise much in print media; TV remained the company’s core focus and got the largest chunk

of its advertising spend, followed by digital and OOH. Instead of following the traditional strategy of having a

similar marketing campaign across markets, Unibic employed a unique strategy in each market, thereby playing

to its strengths in each market while keeping in mind the market conditions and consumption patterns...

From 2019 onward, Unibic started feeling the heat of the economic slowdown in India. The Indian economic

slowdown of 2019 led to a serious and continuing decline in the country’s real estate, automobile and

construction sectors and in overall consumption demand. The second quarter (July- September) of the financial

year (April 2019-March 2020) witnessed a drastic fall in the gross domestic product (GDP) growth rate to 4.5%.

The main reasons attributed to the fall in the GDP growth rate were – contraction in manufacturing activity,

weakened investments, and lower consumption demand.

As of 2020, Unibic had the largest wire cut cookie manufacturing plant in India. The plant had the capability to

manufacture 100 tonnes of cookies each day, with five production lines. While it used 98% of its production

capability to produce its own brand, the rest was used to manufacture for private label brands – six in India and

10 across the world. It had annual revenu7 es of Rs. 5 billion. It also exported its products to more than 21

countries including across Australia, North America, the UK, and Europe, Asia, the Middle East, and New

Zealand. It derived 45% of its earnings from the south of India.

Questions:

a) Explain three factors that had a negative impact on the financial performance of Unibic in its early years.

(6 marks)

b) Which environmental force did Unibic use in segmenting its market? What is this force about? (6 marks)

c) What does the following statement suggest to you about Unibic: “It continued its efforts at innovation

and produced new products which would appeal to its target market”?​

d) Which marketing strategy did Unibic use in 2015 and explain any two (2) reasons why firms adopt that
strategy? (9 marks)

e) What main media did Unibic use to implement its marketing strategy? State one advantage of this media.
(6 marks)

Howell Petroleum, Inc., is trying to evaluate a generation project with the following cash flows: Year Cash Flow 0 –$ 40,500,000 1 62,500,000 2 – 15,500,000
a. If the company requires a return of 11 percent on its investments, what is the NPV of the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) NPV $
b. Compute the IRRs for this project. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Enter the larger IRR in the first answer box and the smaller IRR in the second answer box. If you can only calculate one IRR, enter it in both boxes to receive partial credit. A negative answer should have a minus sign.) Internal rate of return % Internal rate of return %

For a cheese-lover, Burger King's Mac n' Cheetos are what type of product? (1pt)