discuss types of reports that may be provided for a nonpublic company for specified elements, accounts, and items of financial statements.

Answers

Answer 1

For a nonpublic company, various types of reports can be provided to present specific elements, accounts, and items of the financial statements. These may include Financial Statements, Notes to financial statements, Management's Discussion and Analysis (MD&A), Auditor's Report, Internal Control Reports, Segment Reporting, and Compliance Reports.

Financial Statements: These reports include the balance sheet, income statement, statement of cash flows, and statement of changes in equity. They provide a comprehensive overview of the company's financial position, performance, and cash flow for a specific period.

Notes to Financial Statements: These reports provide additional information and details about the items presented in the financial statements. They explain the accounting policies, assumptions, contingencies, and other relevant disclosures.

Management's Discussion and Analysis (MD&A): This report provides management's analysis and interpretation of the financial statements, discussing the company's financial performance, trends, and significant events or changes that may impact the business. It offers insights into the company's operations, risks, and future prospects.

Auditor's Report: This report is issued by an independent auditor who has examined the company's financial statements and expresses an opinion on their fairness and compliance with accounting standards. The auditor's report provides assurance on the reliability of the financial information.

Internal Control Report: In some cases, a nonpublic company may provide a report on its internal control over financial reporting. This report assesses the effectiveness of the company's internal control systems and provides assurance on the reliability of financial reporting processes.

Segment Reporting: If the company operates in multiple business segments, it may provide a report on segment information. This report breaks down the company's financial results and financial position by its various operating segments, providing insights into the performance of each segment.

Compliance Reports: Nonpublic companies may be required to provide reports on compliance with specific regulations or industry standards. For example, a company operating in a regulated industry may provide reports on regulatory compliance or environmental impact.

These are just a few examples of the types of reports that may be provided for a nonpublic company. The specific reports provided will depend on the company's reporting requirements, applicable regulations, and the needs of its stakeholders.

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Related Questions

I need some rare car brands for my channel please do not include Mitsubishi, pontiac, and mazda.

Answers

Answer:

Acura

Explanation:


What is the future value of $3,000 invested at the
beginning of each year for six years at 5%?




a.

$14,020




b.

$13,796




c.

$20,406




d.

$21,426

Answers

The future value of an investment refers to the total value of the investment at a future point in time, considering the effects of compounding. In this case, we need to find the future value of $3,000 invested at the beginning of each year for six years at an interest rate of 5%.

To calculate the future value, we can use the formula for the future value of an ordinary annuity:

FV = P * ((1 + r)^n - 1) / r

Where:
FV = future value
P = periodic payment
r = interest rate per period
n = number of periods

In this case:
P = $3,000
r = 5% or 0.05 (converted to decimal)
n = 6

Plugging these values into the formula, we have:

FV = $3,000 * ((1 + 0.05)^6 - 1) / 0.05

Calculating this, we find that the future value is approximately $17,906.78.

Therefore, none of the provided options match the calculated future value of $17,906.78.

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Zero Corp. is an investment company authorized to issue only common stock. During the last half of the year, Edwards and four other individuals owned 450 of the 1,000 outstanding shares of stock in Zero. Another 350 shares of stock outstanding were owned, 10 shares each, by 35 shareholders who are neither related to each other nor to Edwards. Zero could be a personal holding company if the remaining 200 shares of common stock were owned by:

Answers

Answer:

Fifty-five shareholders who are related neither to each other nor to Edward, in equal lots of 10 shares each

Explanation:

100% correct

Terms of trade is the
A. difference between export and import of goods
B. rate in which exports is exchanged
C. difference between the export and import of services
D. percentage of export and import of goods and services ​

Answers

Answer:

D

Explanation:

trade is exchanges both international, internal tangible as well as intangible Assets.

A US based company is attempting to merge with a French National conglomerate. With IFRS and GAAP being so different, what would be some of the challenges the two sides may face with the merger from an accounting standpoint?

Answers

The merger between a US-based company and a French National conglomerate can pose several challenges from an accounting standpoint due to the differences between International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). Some of the challenges they may face include:

Accounting Principles: IFRS and GAAP have different underlying principles and concepts. IFRS is principles-based, emphasizing substance over form, while GAAP is rules-based, providing specific guidelines for various transactions. The differences in accounting principles can lead to variations in the recognition, measurement, and presentation of financial information.

Financial Statement Presentation: IFRS and GAAP have different requirements for financial statement presentation. The formats and classifications of items on the balance sheet, income statement, and cash flow statement may vary between the two sets of standards. This can make the comparison and consolidation of financial statements challenging.

Revenue Recognition: IFRS and GAAP have differing guidance on revenue recognition, particularly in areas such as the timing of revenue recognition, multiple-element arrangements, and percentage-of-completion method for long-term contracts. Aligning the revenue recognition policies of the merging entities can be a complex task.

Valuation of Assets and Liabilities: IFRS and GAAP may have different rules for the valuation of assets and liabilities, such as inventory, property, plant, and equipment, intangible assets, and financial instruments. Differences in valuation methodologies can impact the reported values of assets and liabilities, which can have implications for financial ratios, financial performance, and tax implications.

Business Combinations and Goodwill: IFRS and GAAP have different requirements for accounting for business combinations and the subsequent treatment of goodwill. For example, IFRS allows for the option of measuring goodwill at cost or using the impairment model, while GAAP follows a more strict impairment-only model. This can result in differences in the recognition and measurement of goodwill and the related impact on financial statements.

Disclosures: IFRS and GAAP have varying disclosure requirements, with differences in the level of detail and specific disclosures mandated for certain transactions and events. Harmonizing the disclosure requirements can be a complex task to ensure compliance with both sets of standards.

These are just a few examples of the challenges that may arise during the merger process from an accounting standpoint. It is crucial for the merging entities to have a thorough understanding of the differences between IFRS and GAAP and work closely with accounting professionals and advisors to address these challenges effectively and ensure accurate financial reporting and compliance with relevant regulations.

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inflation does not affect both local and international business true or false

Answers

Answer:

true

Explanation:

inflation effects every aspect of the economy

The assertion is incorrect. International and domestic companies are both impacted by inflation. Every sector of the economy is impacted. As a result, choice (B) is accurate.

What is inflation?

In economics, inflation refers to a broad increase in the cost of products and services across the board. The purchasing power of money decreases when the general price level rises, which is why inflation is often known as a rise in prices.

Deflation is the antithesis of inflation and refers to a persistent drop in the general level of prices for goods and services. The inflation rate, which is the annualized percentage change in a general price index, is a commonly used indicator of inflation.

The majority of economists concur that chronic excessive expansion in the money supply is the primary driver of high inflation as well as hyperinflation, both of which have extremely disruptive consequences on the actual economy.

Hence, option (B) is the right answer to this question.

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Los conceptos de "fidelidad" y "vinculación" con la empresa:
Seleccione una:

a. No son idénticos pero son intercambiables. B. Son idénticos. C. No se aplican a clientes. D. Son diferentes y no reconocer esa diferencia puede inducir a error

Answers

La fidelidad y la vinculación son dos conceptos distintos aunque relacionados en el contexto de los clientes y las empresas.

La fidelidad se refiere a la tendencia de los clientes a seguir comprando los productos o servicios de una empresa en particular, mientras que la vinculación se refiere a la conexión emocional que los clientes pueden tener con una empresa, incluyendo aspectos como la identificación con los valores de la empresa o su imagen de marca. Es importante reconocer la diferencia entre estos dos conceptos ya que cada uno requiere estrategias y enfoques específicos para mantener o mejorar su nivel. La fidelidad se puede fomentar a través de la satisfacción del cliente y la calidad del producto, mientras que la vinculación puede requerir un enfoque más profundo en los valores y la identidad de la marca.

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mom???????????????????????

Answers

mom ??????????????????????

Answer:

Go back to bed sweetie, here some fruit snacks now go to sleep.There are no monsters under your bed honey.

Explanation:

Have a great day.

Which texas region contains the largest desert area? question 6 options: great plains coastal plains mountains and basins north central plains

Answers

The region in Texas that contains the largest desert area is the Mountains and Basins region. Option c is correct.

This region is located in the western part of Texas and is characterized by its arid climate and sparse vegetation. It is home to the Chihuahuan Desert, which is the largest desert in North America. The Chihuahuan Desert covers a significant portion of the Mountains and Basins region, extending into parts of New Mexico and Mexico as well.

The desert landscape of this region is marked by rugged mountains, dry riverbeds, and unique plant and animal species adapted to the harsh conditions.

Therefore, option c is correct.

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Some personal finance experts say people should try to save about 15 percent of their take-home income. True or False?

Answers

Answer:

true

Explanation:

Saving money is worth the effort. It gives you peace of mind, it gives you options, and the more you save, the easier it becomes to accumulate additional savings.

3. ______ are defined as goods or services that are required for health and safety.

Answers

Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.

What is the safety of goods?

A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.

Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.

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Amir is working on making paper snowakes to decorate his room. He has timed himself and noticed that he takes 5 minutes to make each snowake. If he has an hour and a half before bedtime, how many snowakes will he be able to make?

Answers

18

Find how many minutes in an hour and a half and divide by 5.

Based on the time taken to make one snowflake, the number of snowflakes that Amir can make in an hour and half is 18 snowflakes.

How many snowflakes can Amir make?

First convert the hours to minutes:
= 1 hour 30 minutes

= 1 + 30/60

= 1.5 hours x 60 minutes in an hour

= 90 minutes

Each snowflake takes 5 minutes to make:

= 90 / 5

= 18 snowflakes

In conclusion, Amir will have made 18 snowflakes.

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drew and hank were camping at hank’s riverfront cabin. hank told drew that he rarely used the cabin and was thinking of selling it. drew said that he’d buy it from hank for $80,000, which hank agreed was a fair price. it’s two months later, and hank is upset that drew now says he won’t buy it. why isn’t this contract enforceable?

Answers

Due to the requirement that real estate contracts be in writing, the agreement is not enforceable.

What kind of real estate contract is most typical?

The most typical kind of real estate contract is a selling contract, which would often outline the specifics of buying a property. The buyer and seller must both formally approve and sign the contract.30-day, 90-day, six-month, and one-year listing agreements are some of the most frequent listing terms.

writing a real estate buying contract,

Specify the location of the property being bought, together with other necessary legal descriptions.Name and address information for the buyer and the vendor should be provided.Give specifics on the property's cost and the circumstances of the deal.Decide on the closure time and fees.

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securities regulation, cases and materials, thomas lee hazen (10th ed. 2020), west academic publishing

Answers

Securities regulation refers to the laws and regulations that govern the sale and trading of securities, such as stocks and bonds. "Cases and materials" typically refers to a type of textbook or study material that includes actual court cases and other relevant materials to help understand a particular area of law.

"Thomas Lee Hazen (10th ed. 2020)" refers to the author and edition of a book on securities regulation published by West Academic Publishing. In conclusion, the book "Securities Regulation: Cases and Materials" by Thomas Lee Hazen (10th ed. 2020) published by West Academic Publishing is a valuable resource for studying securities regulation.

It includes relevant court cases and materials that provide a comprehensive understanding of the subject.

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discuss the steps of growing mushrooms
not a too long answer ​

Answers

Answer:

The Pennsylvania State University,

College of Agriculture, Extension Service,

University Park, Pennsylvania

Mushroom farming consists of six steps, and although the divisions are somewhat arbitrary, these steps identify what is needed to form a production system.

The six steps of mushroom farming:

Phase I

1. Composting

Phase II

2. Composting

3. Spawning

4. Casing

5. Pinning

6. Cropping

Given below are lease terms at the local dealership. What is the total cash
due at signing?
Terms:
• Length of lease = 24 months
• MSRP of the car = $17,500
• Purchase value of the car after lease = $9900
• Down payment = $2400
• Monthly payment = $425
• Security deposit = $375
• Acquisition fee = $500

Answers

Answer:

$3700

Explanation:

The items that have to be paid for at the signing include

1. The deposit:             $,2,400.00

2. Monthly payments :    $425.00

3. Security deposit:          $375.00

4.  Acquisition fee:         $ 500.00

     Total due                   $3,700.00

Answer:

$3700

Explanation:

Took the test, this is the correct answer.

when you install software, you are actually just being given a license to use it. what this means is that if a problem with the software causes harm to your business, you cannot hold microsoft or the supplier responsible for damages.

Answers

That is correct. When you install software, you are essentially being granted a license to use it, and this license typically comes with a set of terms and conditions that outline what you can and cannot do with the software.

One important thing to note is that the license agreement usually includes a disclaimer of liability, which means that the software supplier (in this case, Microsoft) cannot be held responsible for any damages that may result from the use of the software. This is why it's important to carefully read and understand the license agreement before installing any software on your business's computers. It's also a good idea to have appropriate measures in place, such as data backups and security protocols, to minimize the risk of harm to your business in case of a software issue.
Hi there! When you install software, you're indeed granted a license to use it, which means you have permission to utilize the software within the terms set by the provider, such as Microsoft. However, if an issue with the software causes harm to your business, you generally cannot hold Microsoft or the supplier responsible for damages, as liability limitations are typically outlined in the software's license agreement.

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One can say with certainty that equilibrium price will decline when supply increases and demand decreases. and demand both increase. and demand both decrease. decreases and demand increases.

Answers

Equilibrium price will decline when supply increases and demand decreases.

Equilibrium price is a market equilibrium that refers to the price of a good or service in a given market, at which quantity supplied matches quantity demanded. The equilibrium price is also called the market-clearing price.

This is the point at which there is no excess supply or demand.

Supply and demand determine the equilibrium price and equilibrium quantity in the market. The demand for a good or service rises with a decrease in the price. Conversely, the supply for a good or service increases with an increase in price. So, when supply increases, equilibrium price decreases.

When demand decreases, the equilibrium price decreases as well. In other words, if the supply curve shifts right and the demand curve stays the same, then there will be a decrease in equilibrium price, whereas an increase in supply and decrease in demand will cause the equilibrium price to decrease. When supply decreases and demand increases, the equilibrium price rises, and when supply decreases and demand decreases, the equilibrium price decreases.

Therefore, when supply decreases and demand increases, equilibrium price increases, but when supply increases and demand decreases, equilibrium price decreases.

In conclusion, equilibrium price will decline when supply increases and demand decreases.

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A good time to observe the dress code to prepare for your first day is during
a your interview
b. your second day
your Orientation
d the weekend

Answers

a, your interview :)

A good time to observe the dress code to prepare for your first day is during an interview. Thus, option A is correct.

What is interview?

A planned interaction in which one party asks questions and the other responses is known as an interview. A one-on-one conversation between an interviewer and an interviewee is referred to as a "interview" in everyday speech.

In general, the individual should dress professionally or in business clothes for a job interview. The interview is a dialogue in which you and your prospective employer exchange information.

Therefore, it can be concluded that During an interview is a wonderful opportunity to review the dress code in order to get ready for your first day. Therefore, choice A is correct.

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Which of the following is an example of a B2B Internet service?

Answers

Answer:

ge or chain retailers' distributors, selling to organizations.

xplanation:business's audience, strengthen and develop brand affinity, and ultimately drive leads and sales by appealing to other businesses

write any four method any two challenges of federal system?​

Answers

\(\huge\bold\red{Answer:-}\)

✭The purpose of this collection is to discuss what we may learn from thinking about the EU in federal terms.

✭Our point of departure is that this represents a two-fold challenge.

✭It is on the one hand a matter of establishing ‘how federal’ the EU is (the EU’s federal challenge).

✭On the other, the EU has federal features but is not a state; thus raises the question of whether federal theory and practice may have to be adapted to take proper account of the EU (the EU’s challenge to federalism).

✭The contributions to this collection supplement and extend existing scholarship through focusing on two important lines of inquiry.

✮The first focuses on the relationship between federalism and democracy, with particular emphasis on how federal systems respond to and deal with citizens’ interests and concerns, within and outside the political system.

✮ Particular emphasis is placed on representation, in the process of federalization, and as a feature of established systems.

✮The second line of inquiry places the emphasis on the relationship among the governments of federal systems.

✭The focus is on intergovernmental relations, and the particular merits that emanate from studying these from a federal perspective.

HOPE IT HELPS❤

Answer:

Constitutional provisions are used by political parties to hide the real issues of corruption, fraud etc.Central government and State Governments’ indifference and apathy towards constitutional scheme of federal structure.Tussles between the agencies of central government and those of state governments stress the cohesive functioning of centre and states.

in arizona, who or what entity is responsible for paying for the travel, lodging, and food expenses when the commissioner examines unsubdivided land that is to be sold or leased?

Answers

In Arizona, when the commissioner examines unsubdivided land that is to be sold or leased, the developer or owner of the land is responsible for paying for the commissioner's travel, lodging, and food expenses.

This requirement is outlined in Arizona Revised Statutes 32-2185, which states that "the subdivider or owner shall reimburse the commissioner for his actual and necessary expenses incurred in connection with the examination of unsubdivided land."

It's worth noting that this requirement only applies to unsubdivided land, which is land that has not yet been divided into lots or parcels for sale or lease.

For subdivided land, which has already been divided and sold or leased, the cost of the commissioner's examination is typically borne by the purchasers or lessees of the individual lots or parcels.

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Generally, the more education you receive, the higher your lifetime earnings will be. True or False

Answers

Answer:

True

Explanation:

Answer:

True

Explanation:

Generally, the more education you receive the higher your lifetime earnings will be.

Pete, a human resource intern, was given an assignment by his manager that meant he must obtain information from other departments to complete it, but some departments refused to share information with an intern. Pete was frustrated because he did not have the power to get the information he needed. In the context of this situation, Pete's manager made the mistake of

Answers

Answer:

assigning responsibility without delegating adequate authority.

Explanation:

Since in the situation it is given that the some department deny to share the information with an intern due to which pete got frustated so here the manager of the pete should done the mistake of responsibility assigning that should be without delegating to the adqequate authority

So as per the given situation, the above statement should be the answer

Choose a country other than the United States— maybe a country you would like to visit someday, or a country that speaks a language you have learned or that someone you know speaks.
Respond to the following:

1.Research the real GDP per capita of that country and compare it to the real GDP per capita of the United States.
2.Explain how the costs of production and the standard of living for residents of the two countries might be different based on the different values for real GDP per capita.

Answers

The comparison that would be made here is the Real GDP of the United States and that of Ni/geria per capita in the year 2021. The US has the real GDP per capita as 69,287.54 USD, while Ni/geria has theirs as 2,085.03 USD.

The cost of production is low in USA nd high in Ni/geria

The standard of living is high in USA and very low in Ni/geria

The standards of living in these nations

From the figure that we have here, even though the figure for Ni/geria is a bit exaggerated, I would say that the United States has been able to create a system where the people have a better standard of living by creating all of the means that businesses would thrive.

The cost of production in the USA would be lower and the standard of living would be high obviously.

In Nigeria, the cost of production id high and the standard of living is very low for the people

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IF YOU WANT TO BE A VET READ THIS!!!

Requierments:

- They never take students who do not have straight A's, so keep working hard!!

- To go into collage you must have at least 2 years of language (this doesn't mean you have to be fluent or even know it, its just good for applications)

- Have volunteer hours

- Have a clean slate, no laws broken, detentions, etc... (just show your a good person)

- Have good credits

And of course much more, but those are just the basics.



PET VETS:

College: 8+ years
Average Wage: $100,000-$110,000+ yearly
Aedemics: D.V.M or V.D.M


FARM VETS:

College: 6+ years
Average Wage: $100,000-$105,000+ yearly
Aedemics: D.V.M or V.D.M

ZOO VETS:

College: 6+ years
Average Wage: $86,757-$104,000+ yearly
Aedemics: D.V.M or V.D.M

AQUATIC VETS:

College: 8+ years
Wage: $90,000-$100,000+ yearly
Aedemics: D.V.M or V.D.M


I hope this helps you!
Please answer in the vet proffession that you would like and your favorite animal in that group and why!

PLEASE DO NOT REPORT!! I know this isn't a question but it is important information i find interesting to share!

Have a great day!

Answers

Yes! I am in going into 10th grade and am so excited to do vet school! I take a vet class and a marine biology class every week! I already started looking into colleges like UCDavis and the university of Colorado! I have birds fish and dogs as well!

If the Retained Earnings balance at the end of year three is $1,000, what was the total amount of dividends paid over these three years

Answers

Based on these scenarios, the total amount of dividends paid over the three years could be between $4,000 and $14,000. The exact amount will depend on the actual net income for each year.

The Retained Earnings balance at the end of year three is $1,000. We need to find out the total amount of dividends paid over these three years. In order to find the total amount of dividends paid over these three years, we will use the formula: Dividends Paid = Net Income - Retained Earnings

Since Retained Earnings at the end of year three is $1,000, we know that this amount comes from net income minus dividends paid over the three years.

Therefore, Dividends Paid = Net Income - Retained Earnings= Net Income - $1,000

Since we do not have any information about net income, we cannot calculate the exact amount of dividends paid. However, we can provide a possible range of values for dividends paid based on different net income scenarios.

Let's assume that the net income over the three years was $5,000, $10,000, and $15,000 respectively.

Then, using the formula above, we get:

Dividends Paid = Net Income - $1,000= $5,000 - $1,000 = $4,000 (minimum possible dividends paid)= $10,000 - $1,000 = $9,000 (medium range of dividends paid)= $15,000 - $1,000 = $14,000 (maximum possible dividends paid)

Based on these assumptions, the total amount of dividends paid over the next three years might range between $4,000 and $14,000. The precise amount will be determined by the actual net income for each year.

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Disadvantages of choosing a job that is extremely popular or in demand

Answers

The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

What is a high demand job?

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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Kubin Company's relevant range of production is 29,000 to 33,000 units. When it produces and sells 31,000 units, its average costs per unit are as follows:


Average Cost per Unit

Direct materials $ 8. 90

Direct labor $5. 90

Variable manufacturing overhead $3. 40

Fixed manufacturing overhead $6. 90

Fixed selling expense $5. 40

Fixed administrative expense $4. 40

Sales commissions $2. 90

Variable administrative expense $2. 40


Required:


1. For financial accounting purposes, what is the total amount of product costs incurred to make 31,000 units?

2. For financial accounting purposes, what is the total amount of period costs incurred to sell 31,000 units?

3. For financial accounting purposes, what is the total amount of product costs incurred to make 33,000 units?

4. For financial accounting purposes, what is the total amount of period costs incurred to sell 29,000 units?

Answers

1. The total amount of product costs incurred to make 31,000 units is $778,100

2. The total amount of period costs incurred to sell 31,000 units is $468,100

3. The total amount of product costs incurred to make 33,000 units is $814,500

4. The total amount of period costs incurred to sell 29,000 units is $478,700

Product costs include direct materials, direct labour, and manufacturing overhead, whereas period costs include selling costs, administrative costs, and commissions. The primary distinction between the two is that product costs can be capitalized and recorded as an asset, whereas period costs are only recognized as an expense. Product costs include direct materials, direct labour, and manufacturing overhead, whereas period costs include selling costs, administrative costs, and commissions.

Now we first determine the fixed costs:

Fixed Manufacturing Overhead = 6.9 * 31,000

⇒                                                   = 213,900

Fixed Selling Expense = 5.4 * 31,000

⇒                                   = 167,400

Fixed Administrative Expense = 4.4 * 31,000 = 136,400

Product Cost = Direct Materials + Direct Labor + Manufacturing Overhead

Period Cost = Selling Expenses + Administrative Expenses + Commissions

1. ⇒  (8.9 + 5.9 + 3.4 + 6.9) * 31,000  = 778,100

2. ⇒  (5.4 + 4.4 + 2.9 + 2.4) * 31,000 = 468,100

3. ⇒  (8.9 + 5.9 + 3.4) * 33,000 = 600,600

It should be noted that the amount calculated excludes the fixed manufacturing overhead. As a result, we multiply the product cost by the fixed manufacturing overhead.

⇒     600,600 + 213,900 = 814,500

4. ⇒   (2.4 + 2.9) * 33,000 = 174,900

The amount calculated only includes the variable administrative expense and sales commissions. The fixed costs are then added.

⇒    174,900 + 167,400 + 136,400 = 478,700

These calculations help to illustrate the relationship between production volume and product costs, as well as between sales volume and period costs, and can be useful in making decisions about pricing, production levels, and other aspects of business operations.

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why do many people have a fraught relationship with money?

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Answer:

They often put their wants before their needs

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