Explain the alternative methods available in accounting

Assignment Help Accounting Basics
Reference no: EM131697751

Assignment: Accounting for Joint Products and Byproducts (Qualitative)

Scenario: Pyramid Printing Company is a printer of magazines and retail inserts. In addition, there are two joint products (food wrapping and book covers) and one byproduct (shipping-box inserts) that originate from the trimmings of Pyramid's paper rolls in production. The food wrapping and book covers are the same size. The shipping-box inserts are sold to online retailers for shipping books. All joint products and byproducts are sold as sustainable alternatives to other recycling opportunities.

Discuss the alternative methods available in accounting for joint products and byproducts given the above scenario. This will be presented as a report to Pete Roberts, the company controller.

2 pages, APA format, 3 recent reference.

Reference no: EM131697751

Questions Cloud

Calculate the minimum annual cash savings : Calculate the minimum annual cash savings that must be realized for the project to earn a rate equal to the firm's cost of capital.
Explain what are the ethical issues involved : Midwest Health Club (MHC) offers 1-year memberships. What are the ethical issues involved? What should Nies do?
Estimate the heat released when ethene : A) Estimate the heat released when ethene (CH2=CH2 ) reacts with HBr to give CH3CH2Br.
Explain why npv analysis is a better approach : Determine which alternative is best for Stillwater Designs by using an IRR analysis. Explain why NPV analysis is a better approach.
Explain the alternative methods available in accounting : Accounting for Joint Products and Byproduct- Explain the alternative methods available in accounting for joint products and byproducts given the above scenario.
Compute the cost of capital for the project : Cost of Capital, Net Present Value Leakam Company's product engineering department has developed a new product that has a three-year life cycle.
Compute the npv of the project using the additional benefits : Compute the NPV of the project using the additional benefits noted by the production and marketing managers. Also, use the original cost estimate of $45 million
Partial pressure of nitrogen in air : On a given day, the atmospheric pressure of the air in Utah was 0.802 atm. What was the partial pressure of nitrogen in this air?
Compute the npv of the new system : Postaudit, Sensitivity Analysis Newmarge Products Inc. is evaluating a new design for one of its manufacturing processes.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd