What is designated market value

Assignment Help Accounting Basics
Reference no: EM13508569

If Product Z cost $83 and

Selling price of Z is $98
Normal profit margin is 20% of sales price
Costs to tell a unit of product Z = $9
Replacement cost is $72

What is designated market value?

Reference no: EM13508569

Questions Cloud

Financial markets impact the economy : Briefly describe one way the U.S. financial markets impact the economy, one way the U.S. financial markets impact businesses, and one (1) way the U.S. financial markets impact individuals.
Ross has four offers to acquire the stock and land : Ross would like to dispose of some land he acquired five years ago because he believes that it will not continue to appreciate. Its value has increased by $50,000 over the five-year period. He also intends to sell stock that has declined in va..
Intercompany sales elimination entries : Intercompany Sales Elimination Entries With and Without Intercompany Profit"
What is the hedged value of dow receivable : What alternatives are available to Dow to use currency options to hedge its receivable? Which option hedging strategy would you recommend?
What is designated market value : What is designated market value?
Which asset do you recommend the corporation sell : Due to prior profitable years, Cooper is subject to the alternative minimum tax and it has $4,500,000 of positive adjustments and preferences in determining is alternative minimum taxable income. Which asset do you recommend the corporation sell? ..
Draw the marginal revenue function : Draw the marginal revenue function for firm and what is the profit-maximizing price for this firm - what would the "efficient" overall market level of output of this prescription drug be?
Find the persons tangential acceleration : A merry-go-round starts from rest and accelerates uniformly over 16.5 s to a final angular velocity of 7.65 rev/min. Find the person's tangential acceleration
Create an ideal internal control system for current liabilit : Create an ideal internal control system for current liabilities? (list internal controls)

Reviews

Write a Review

Accounting Basics Questions & Answers

  What amount of ordinary business income is allocated

XYZ Corporation (an S corporation) is owned by Jane and Rebecca who are each 50% shareholders. At the beginning of the year, Jane's basis in her XYZ stock was $40,000. XYZ reported the following tax information for 2011.

  Deduction for the lease payments

The lease will run for five years and the payments are $900 per month. During 2009, she uses her car 20% for business and 80% for personal activities. Assuming the dollar amount from the IRS table is $233, determine Lana's deduction for the lease ..

  Taxation and corporation taxes

Betsy receives a salary of $50,000 from her employer (a retail clothing store) and several fringe benefits. Her employer pays premiums of $300 for her $40,000 group term life insurance coverage and pays $2,400 for medical insurance premiums.

  Produces cat condos that sell for 200 each direct

serber inc. which uses a volume-based cost system produces cat condos that sell for 200 each. direct materials cost 19

  Role of certified public accountants

Why are certified public accountants expected to maintain higher standards than society in general?

  Post beginning balances in ledger accounts (t-accounts)

Post beginning balances in ledger accounts (t-accounts) from the December 31, 2009 post-closing trial balance. Prepare journal entries to record each transaction for DeeDee's Designs. (A general journal is provided. Multiple pages will be needed.)

  Determining the units of product in inventory

The company's net income for the year was $12,000 higher under variable costing than under absorption costing. Given these facts, the number of units of product in inventory at the beginning of the year must have been:

  What is the target cost reduction

They estimate the variable cost per unit to be $30, and total fixed costs to be $1,000,000. Their required return is 20% of the selling price. What is their target cost reduction?

  Financing a portion of a foreign project

When an MNC is considering financing a portion of a foreign project within the foreign country, the best method to account for a foreign project's risk is to:

  Benefit of limited liability

Which of the following enjoys the benefit of limited liability?

  The cost function of a company is c001x square2x25 where

the cost function of a company is c0.01x square2x25 where xis the produced unit of its price is rs.30. the profit

  What is the consolidated balance for land

There were no other transactions which affected the companies' land accounts during 2006. What is the consolidated balance for land on the 2006 balance sheet?

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