Aparent company buys bonds on the open market that had been previously issued by its subsidiary. the price paid by the parent is less than the book value of the bonds on the subsidiary’s records. how should the parent report the difference between the price paid and the book value of the bonds on its consolidated financial statements?
a) as a loss on retirement of the bondsb) as a gain on retirement of the bondsc) as an increase to interest expense over the remaining life of the bondsd) because the bonds now represent intra-entity debt, the difference is not reported.

Acompany has two products: standard and deluxe. the company expects to produce 36,375 standard units and 62,240 deluxe units. it uses activity-based costing and has prepared the following analysis showing budgeted cost and cost driver activity for each of its three activity cost pools.budgeted activity of cost driver activity cost pool budgeted cost standard deluxe activity 1 $ 93,000 2,500 5,250 activity 2 $ 92,000 4,500 5,500 activity 3 $ 87,000 3,000 2,800 what is the overhead cost per unit for the standard units? what is the overhead cost per unit for the deluxe units? (round activity rate and cost per unit answers to 2 decimal places.)activity expected costs expected activity driver activity rate1 93,000 2 92,000 3 87,000 standard activity activity driver activity rate allocated costs1 2 3