Answer:
The fund balance at the end of the year is $22,075.
Explanation:
Let X denote the end-of-year balance. During the year, the balance grows as follows
1,205 → 1,230+ ($800) = 2,030
The time-weighted yield rate for the one yearperiod is 11.1%
11.1 =
* 
1230x = 27152265
x = 
x = $22,075
Answer:
The appropriate answer is "$8,457,50".
Explanation:
The given values are:
Direct material cost,
= $9,500
Direct labor cost,
= $10,400
Units completed in job 412,
= 4
Now,
The total cost for completion of job 412 will be:
= 
On substituting the values, we get
= 
=
($)
Unit produced cost will be:
= 
=
($)
70% of unit produced cost will be the profit margin, then
= 
=
($)
hence,
The price charged to the customer will be:
= 
On substituting the values, we get
= 
=
($)
Answer:
d. will include a debit to Unearned Ticket Revenue and a credit to Ticket Revenue for $90,000.
Explanation:
For tickets sold in advance, revenue is not recognized on those tickets until the matches have been played. As such, when payment was received for the tickets, the required entries were Debit Cash account and credit Deferred or unearned revenue.
When the matches are played, revenue is proportionately earned and recorded by crediting revenue and debiting deferred or unearned revenue.
For the 3 games played in September, revenue earned
= 3/8 × $240,000
= $90,000