c) Prepare all the journal entries for Kingdom for 2012. Assume a calendar year fiscal year. Correct Answer: The lease is a sales-type lease because: (1) the lease term exceeds 75% of the asset’s estimated economic life, (2) collectibility of payments is reasonably assured and there are no further costs to be incurred, and (3) Kingdom Leasing Inc. realized
Question 1: Score 0/1 Your response Correct response P16-37 Find Missing Data for Profit Variance Analysis (L. O.4) Find the values of the missing items. Assume that the actual sales volume equals actual production volume. (There are no inventory level changes.) (Input all amounts as positive values. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).
But, our Ideal Gas Law method was more precise than crystallization from the previous week due to our newly found R-squared value of 0.8909. Our crystallization method only gave us a R-squared value of only 0.7735 which was the farthest value from
Part 3079 may be produced in any quantity since the lathe that makes it is not used for anything else. However, both of the subassemblies are produced using the same equipment. To minimize change over time, Space Age has decided that these subassemblies should be made in minimum quantities of 1,000 at a time, although there is no problem with capacity on the equipment that makes them. In fact, an order for 1,000 of subassembly 435 is due to be received in week 1, as is an order for 1,000 of subassembly 257. Lead time for both these subassemblies is one week, and no inventory is expected to be on hand for either part at the beginning of week 1.
The modification did not affect any of the other terms or conditions of the awards. Note that no forfeitures are assumed for the purposes of this case. Required: 1. How much compensation cost should OMS recognize in each year of the award’s service period? 2.
* Milestone payment revenue should then be spread out on a pro rata basis as products are distributed under the license and distribution agreement. Differences under IFRS? * Since the agreement has just one deliverable, and the agreements went into effect at the same, no material difference exists when comparing GAAP and IFRS. * However, under IFRS, one could record revenue up-front, mainly from the milestone
Assume that the bond is a zero coupon bond (i.e., the only payment is the one at maturity) and that company Z has no other debt outstanding. Other relevant parameters are as follows: • • • • • Company Z current asset value: €100 million Total bond issue face value: €80 million (i.e., leverage of 80%) Risk free interest rate: 2% Standard deviation of return on company Z assets: 30% Bond maturity date: one year from
The IRR allows the current value of all the cash flows to be equal to zero. In the Caledonia projects the internal rate of return is 53.78%. This percentage shows that the project will generate success and growth for Caledonia. 7. Should the project be accepted?
1.0 points) Minimum amount of $100.00 balance in your savings account allowed. Your interest rate provides a solid way to make your money work for you. There are no monthly fees for First Savings, as long as you maintain a daily balance of $100, or a total deposit relationship balance of $25,000. c. List three facts about checking account options at the bank or credit union you chose. (3 sentences.
Analysis of traditional process (user-paced line processing): * Throughput time = 3 weeks (15 days) * Batch size = 200 pieces * No. workers = 42 (8 hrs/day * 5 days/week = 40hr) * Actual production time = 10 mins * Capacity = # resources / activity time = 42 / 10 mins/unit = 4.2 units/min = 2016 units/day (10.08 batches/day) NOTE: No figures for individual steps are supplied, so can only estimate at a high level * Inventory = Flow Rate * Flow Time = 2016 units/day * 15 days = 30,240 units (151.20 batches) * Defect rate = 5% Analysis of new cellular process: Assumption: No lost time due to broken down machines * Throughput time = 1 day * Batch size = 200 pieces (no change), but split up * No. workers = 6 * Actual production time = assume 10 mins (described as being nearly as low as the traditional sewing operation’s throughput time, and in a few cases lower than) * Capacity = # resources / activity time = 6 / 10 mins/unit = 0.6 units/min = 288 units/day (1.44 batches) NOTE: No figures for individual steps are supplied, so can only estimate at a high level * Capacity, if 7 cells of 6 workers = 7 * 288 units/day = 2,016 units/day (10.08 batches/day), same as above * Inventory = Flow Rate * Flow Time = 288 units/day * 1 day =