Ahmed Souary 16-20 Alternative methods of joint-cost allocation, ending inventories. Total production for the year was: X Y Z 1. Sold 120 340 475 Ending Inventories 180 60 25 Total Production 300 400 500
A diagram of the situation is in Solution Exhibit 1
ACCOUNTING FOR LEASES ANSWERS TO MULTIPLE CHOICE
Solutions to some MC questions: 2. There is no bargain purchase option. The fair value of the asset is the present value of the annual rentals:
CHAPTER 15 ALLOCATION OF SUPPORT-DEPARTMENT COSTS, COMMON COSTS, AND REVENUES 15-16 (20 min.) Single-rate versus dual-rate methods, support department. Bases available (kilowatt hours): Rockford Practical capacity 10,000 Expected monthly usage 8,000 1a.
CHAPTER 16 COST ALLOCATION: JOINT PRODUCTS AND BYPRODUCTS 16-18 (10 min.) Net realizable value method.
A diagram of the situation is in Solution Exhibit 16-18 (all numbers are in thousands). Cooking Oil Final sales value of total production, CO, 1,000 $50
CHAPTER 2 AN INTRODUCTION TO COST TERMS AND PURPOSES 2-1 A cost object is anything for which a separate measurement of costs is desired. Examples include a product, a service, a project, a customer, a brand category, an activity, and a department. 2-2 Dir
Ahmed Souary 11-18 Multiple choice.
1. (b) Special order price per unit Variable manufacturing cost per unit Contribution margin per unit Effect on operating income = $1.50 20,000 units = $30,000 increase $1,200,000 $48 9 $57 1,140,000 60,000 25,000 $ 85,
The hypothesis that states that it is nearly impossible to predict exactly when stocks will do well relative to bonds is known as the: Answer fair price hypothesis. efficient market hypothesis. full information hypothesis. full price hypothesis. The stock