The entry to record an increase in finished goods inventory may include which of the following:

Group of answer choices

Credit to work in process

Debit to raw materials

A company produces three products, X, Y, Z. The joint costs incurred for the current month for these products is $200,000. The following data relate to the month's production:

Units Unit

Product Produced Sales Value

X 150,000 $3.00

Y 100,000 $6.00

Z 50,000 $9.00

The amount of joint cost allocated to product Y using the value basis allocation is

Group of answer choices

$80000

$30,000

$54,000

None of the choices are correct.

60,000

Credit to finished goods

Debit to goods in process

Debit to factory overhead

The following cash flow information is projected.

PV of 1

10% Year Alt A Alt B Alt C

0.9091 1 14,500 14,500 14,500

0.8264 2 14,500 14,500 14,500

0.7513 3 14,500 14,500 14,500

0.6830 4 14,500 14,500 14,500

0.6209 5 14,500 14,500 14,500

0.5645 6 14,500 8,500 14,500

0.5132 7 14,500 8,500 8,500

0.4665 8 8,500 14,500 8,500

0.4241 9 8,500 8,500 8,500

0.3855 10 8,500 14,500 14,500

Total 127,000 127,000 127,000

Using a capital investment evaluation method that considers the time value of money, rank the alternatives in the order in which they should be considered.

Group of answer choices

First Alt C; Second Alt A; Third Alt B

First Alt A; Second Alt B; Third Alt C

First Alt A; Second Alt C; Third Alt B

All the Alternatives should be considered equally.

First Alt B; Second Alt C; Third Alt A

None of the Alternatives should be considered because they do not meet the Expected Rate of Return.