Gelb company currently manufactures 52,000 units per year of a key component for its manufacturing process. variable costs are $5.15 per unit, fixed costs related to making this component are $77,000 per year, and allocated fixed costs are $65,500 per year. the allocated fixed costs are unavoidable whether the company makes or buys this component. the company is considering buying this component from a supplier for $3.70 per unit.
required:
1. calculate the total incremental cost of making 52,000 and buying 52,000 units. should it continue to manufacture the component, or should it buy this component from the outside supplier?

The larger the investment you make, the easier it will be to: get money from other sources. guarantee cash flow. buy insurance. streamline your products.

Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u. s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u. s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u. s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u. s. gaap balances to ifrs.

Aprice control is: question 1 options: a)a tax on the sale of a good that controls the market price. b)an upper limit on the quantity of some good that can be bought or sold. c)a legal restriction on how high or low a price in a market may go. d)control of the price of a good by the firm that produces it.