Bozo inc. manufactures two products from a joint production process. the joint process costs $110,000 and yields 6,000 pounds of lte compound and 14,000 pounds of hs compound. lte can be sold at split-off for $55 per pound. hs can be sold at split-off for $8 per pound. a buyer of hs asked bozo to process hs further into cs compound. if hs were processed further, it would cost $45,900 to turn 14,000 pounds of hs into 4,000 pounds of cs. the cs would sell for $45 per pound. required: 1. what is the contribution to income from selling the 14,000 pounds of hs at split-off? $ 2. conceptual connection: what is the contribution to income from processing the 14,000 pounds of hs into 4,000 pounds of cs? $ should bozo continue to sell the hs at split-off or process it further into cs?

On january 1, 2017, fisher corporation purchased 40 percent (90,000 shares) of the common stock of bowden, inc. for $980,000 in cash and began to use the equity method for the investment. the price paid represented a $48,000 payment in excess of the book value of fisher's share of bowden's underlying net assets. fisher was willing to make this extra payment because of a recently developed patent held by bowden with a 15-year remaining life. all other assets were considered appropriately valued on bowden's books. bowden declares and pays a $90,000 cash dividend to its stockholders each year on september 15. bowden reported net income of $400,000 in 2017 and $348,000 in 2018. each income figure was earned evenly throughout its respective year. on july 1, 2018, fisher sold 10 percent (22,500 shares) of bowden's outstanding shares for $338,000 in cash. although it sold this interest, fisher maintained the ability to significantly influence bowden's decision-making process. prepare the journal entries for fisher for the years of 2017 and 2018. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your final answers to the nearest whole dollar.)

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.

Which of the following has the largest impact on opportunity cost