User Account

All Pages

What is the standalone selling price of cement

Assignment Help Accounting Basics
Reference no: EM133148640

Question - Sycamore enters into a contract with a customer to sell three products for a total transaction price of $15,000. Each product is appropriately classified as a separate performance obligation. Sycamore only sells bricks and stones on an individual basis, so it must estimate the standalone selling price for cement. Information related to these three products is provided in the following table.

Product

Standalone Selling Price

Forecasted Cost

Market Competition Price

Bricks

$6,200

$5,500

$7,800

Stones

$8,000

$5,000

$8,200

Cement

Not Available

$2,000

$4,000

Total

$12,500

$20,000

1. What is the standalone selling price of Cement using the adjusted market assessment approach?

2. What is the standalone selling price of Cement using the expected-cost-plus-a-margin approach?

3. What is the standalone selling price of Cement using the residual approach?

Reference no: EM133148640

Questions Cloud

What is the current yield on these bonds : Blackwell bonds have a face value of £1,000 and are currently quoted at 98.4. The bonds have a 5 percent coupon rate. What is the current yield on these bonds
What is the net present value for the project : Severn plc is assessing a new project to expand its business. If the cost of capital is 8% what is the net present value for the project (to 1 decimal place)
Develop the market value approach : What are 2 important financial measures when you are trying to develop the market value approach?
Developing country suggest a countertrade deal : 1. Imagine that you are working for a company that has been exporting to Europe for five years. The company now sees an opportunity to expand into Asia.
What is the standalone selling price of cement : Sycamore enters into a contract with a customer to sell three products for a total transaction price of $15,000. What is the standalone selling price of Cement
Explain extensive relationship building : Entry into new markets, regardless of entry mode, typically requires extensive relationship building. In some countries, such relationship building includes the
Discuss how it is used and the importance of contracts : Identify one or two futures contracts that are listed on any exchange or clearinghouse for any country.
Linear programming problem : Given the following resources and constraints for a transportation vehicle manufacturer,
Employee concerns and advocating for employees : What information from these sources might affect your recommendation and What information from this source might affect your recommendation

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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