The following selected transactions are from Wilson Company. Year 1 Dec. 16 Accepted a $19,200, 60-day.

Answer:

d. If processed further, the company stands to gain $12 for each unit.

Explanation:

To make the decision, we begin by evaluating the costs and profits associated with each option on a per unit basis.

Profit from the unassembled product is calculated as follows:

Profit = 135 - 60 = $75 for each unit

Profit from the assembled product totals:

Profit = 174 - 60 - 27 = $87 for each unit

Thus, the difference in profit stands at 87 - 75 = $12/unit once assembled.

Accordingly, the company should continue processing further, resulting in an added $12 gain for every unit sold.

Hope that helps.

Answer:

The bond discount at issuance is calculated as follows: $846,000 - ($846,000/100 *98)

The bond discount upon issuance is $846,000 minus $829,080

Thus, the bond discount at issuance equals $16,920

Bond Payable = $846,000

The un-amortized bond discount calculates to $16,920 - $9,840

This gives an un-amortized bond discount of $7,080

The redemption value of the bond is determined by 102/100 * $846,000

Thus, the redemption value of the bond is $ 862,920

Finally, the loss on bond retirement is given by the difference between the redemption value and (Bond Payable - Un-amortized bond discount)

Loss on retirement of the bond = $862,920 - ($846,000 - $7,080)

The loss on retirement of the bond calculates to $862,920 - $838,920

This results in a loss of $24,000

Answer:

He is less likely to spend on scones.

Explanation:

To understand spending habits, one must consider various factors involved in purchasing.

1. Income: Some individuals have a tight budget, which leads them to reduce expenses affecting their spending capabilities. Jose may find purchasing scones less problematic since they are low-cost items, thus indicating a negative correlation.
2. Substitution: This could influence Jones’ spending on scones since he typically buys both together; if he stops his coffee purchases, he may also forgo buying scones.