Business, 10.12.2021 21:40 skylar1315
By-product and cost allocation Dover Studios shot hundreds of hours of footage that cost $16,000,000. From this footage, the company produced two movies: Star World and Star World: The Sequel. The sequel used better sound effects than the original, was significantly more expensive to produce, and was much better received at the box office. Dover Studios also generated revenue from admissions paid by numerous movie fans who wanted to tour the movie production set. The company accounted for this revenue as a by-product and used it to reduce joint cost before making allocations to the two feature-length movies. The following information pertains to the two movies:
Products Total Receipts Separate Costs
Star World $8,000,000 $5,440,000
Star World: The Sequel 46,400,000 32,960,000
Studio tours 640,000 384,000
a. If joint cost is allocated based on net realizable value, how much of the joint cost is allocated to each movie?
b. Based on your allocations in (a), how much profit was generated by each movie?
Answers: 3
Business, 22.06.2019 11:00
Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld
Answers: 2
Business, 22.06.2019 12:10
Drag each label to the correct location on the image determine which actions by a manager are critical interactions - listening to complaints - interacting with customers - responding to complaints - assigning staff duties -taking action to address customer grievances -keeping track of reservations
Answers: 2
Business, 22.06.2019 18:00
Martha entered into a contract with terry, an art dealer. according to the contract, terry was to supply 18 th century artifacts to martha for the play she was directing, and martha was ready to pay $50,000 for this. another director needed the same artifacts and was ready to pay $60,000. terry decided not to sell the artifacts to martha. in this case, the court may order terry to:
Answers: 2
By-product and cost allocation Dover Studios shot hundreds of hours of footage that cost $16,000,000...
Mathematics, 13.10.2019 16:00
Mathematics, 13.10.2019 16:00
Mathematics, 13.10.2019 16:00
Health, 13.10.2019 16:00
Biology, 13.10.2019 16:00
Biology, 13.10.2019 16:10
Geography, 13.10.2019 16:10
Computers and Technology, 13.10.2019 16:10
English, 13.10.2019 16:10
World Languages, 13.10.2019 16:10