Dock corporation makes two products from a common input. joint processing costs up to the split-off point total $33,600 a year. the company allocates these costs to the joint products on the basis of their total sales values at the split-off point. each product may be sold at the split-off point or processed further. data concerning these products appear below: product x product y total allocated joint processing costs 16,800 16,800 33,600 sales value at split-off point $ 24,000 $ 24,000 $ 48,000 costs of further processing $ 15,000 $ 18,700 $ 33,700 sales value after further processing $ 35,500 $ 45,100 $ 80,600 what is the minimum amount the company should accept for product x if it is to be sold at the split-off point? multiple choice $31,800 $20,500 $16,800 $35,500

Case in point 1.2 suppose you work in the it department of global hotels, a multinational hotel chain. global hotels runs several specialized business support systems, including a guest reservations system that was developed in-house to meet the requirements of a large company with worldwide operations. guests can make one-stop online reservations by visiting global's website, which has links to all major travel industry sites. global hotels just acquired momma's, a regional chain of 20 motels in western canada. momma's uses a vertical reservations package suitable for small- to medium-sized businesses and a generic accounting and finance package. should momma's use global hotels' information systems or continue with its own? in your answer, consider issues such as business profiles, business processes, system interactivity, edi, ecommerce, and the characteristics of both information systems. what additional information would be to you in making a recommendation?

Which of the following is not a consideration when determining your asset allocation

Miko willingly admits that she is not an accountant by training. she is concerned that her balance sheet might not be correct. she has provided you with the following additional information. 1. the boat actually belongs to miko, not to skysong, inc.. however, because she thinks she might take customers out on the boat occasionally, she decided to list it as an asset of the company. to be consistent, she also listed as a liability of the corporation her personal loan that she took out at the bank to buy the boat. 2. the inventory was originally purchased for $27,500, but due to a surge in demand miko now thinks she could sell it for $39,600. she thought it would be best to record it at $39,600. 3. included in the accounts receivable balance is $11,000 that miko loaned to her brother 5 years ago. miko included this in the receivables of skysong, inc. so she wouldn’t forget that her brother owes her money. (b) provide a corrected balance sheet for skysong, inc.. (hint: to get the balance sheet to balance, adjust stockholders’ equity.) (list assets in order of liquidity.)