Chegg Company, a U. S.-based company, borrows 4,500,000 Euros on January 1, Year 1, at an interest rate of 5.5% to finance the construction of a new branch in Spain. Construction is expected to take 9 months and cost euro 4,500,000. Chegg temporarily invests euro borrowed until cash is needed to pay costs. Interest earned in the first quarter of Year 1 is 4,000 euro. During the first quarter of Year 1, expenditures of euro 1,000,000 are incurred; the weighted-average expenditures are euro 800,000. Chegg will repay the borrowing plus interest on September 30, Year 1, by converting U. S. dollars into euro. The U. S. dollar/euro exchange rate was $1.1 on January 1, Year 1, and $1.20 on March 31, Year 1. The change in exchange rate is the result of the difference in interest rates in the United States and Europe. Required: Determine the amount of borrowing costs (in U. S. dollars) that Company should include in the cost of the new branch at March 31, Year 1, according to IFRS and US GAAP.

The following cost data relate to the manufacturing activities of chang company during the just completed year: manufacturing overhead costs incurred: indirect materials $ 15,800 indirect labor 138,000 property taxes, factory 8,800 utilities, factory 78,000 depreciation, factory 150,600 insurance, factory 10,800 total actual manufacturing overhead costs incurred $ 402,000 other costs incurred: purchases of raw materials (both direct and indirect) $ 408,000 direct labor cost $ 68,000 inventories: raw materials, beginning $ 20,800 raw materials, ending $ 30,800 work in process, beginning $ 40,800 work in process, ending $ 70,800 the company uses a predetermined overhead rate of $20 per machine-hour to apply overhead cost to jobs. a total of 20,500 machine-hours were used during the year. required: 1. compute the amount of underapplied or overapplied overhead cost for the year. 2. prepare a schedule of cost of goods manufactured for the year.

Identify the three components of a family's culture and provide one example from your own experience

For example, the upper right cell shows that if expresso advertises and beantown doesn't advertise, expresso will make a profit of $15 million, and beantown will make a profit of $2 million. assume this is a simultaneous game and that expresso and beantown are both profit-maximizing firms. if expresso decides to advertise, it will earn a profit of $ million if beantown advertises and a profit of $ million if beantown does not advertise. if expresso decides not to advertise, it will earn a profit of $ million if beantown advertises and a profit of $ million if beantown does not advertise. if beantown advertises, expresso makes a higher profit if it chooses . if beantown doesn't advertise, expresso makes a higher profit if it chooses . suppose that both firms start off not advertising. if the firms act independently, what strategies will they end up choosing? expresso will choose to advertise and beantown will choose not to advertise. expresso will choose not to advertise and beantown will choose to advertise. both firms will choose to advertise. both firms will choose not to advertise.