Answer: d. 80% of direct material cost
Explanation:
Overhead cost = Total costs - Direct material - Direct labor
= 132,200 - 25,000 - 32,000 - 12,500 - 17,100
= $45,600
Direct materials cost = 32,000 + 25,000
= $57,000
Percentage of Direct materials = Overhead/ Direct materials
= 45,600/57,000
= 80%
Answer:
a. debit to Interest Revenue for $2,500
Explanation:
Based on the information given we were told that Ban Company made a purchased of 50, 5% Waylan Company bonds for the amount of $50,500 which is a cash Interest that is payable annually which means that the annual interest payment would include a: DEBIT to Interest Revenue for $2,500 calculated as :
Interest Revenue=[(50 x $1,000)×5%]
Interest Revenue=$50,000×0.05
Interest Revenue =$2,500
Answer:
9.04
Explanation:
TIE ratio = profit excluding interest/interest
expense
Putting value in above equation;
TIE ratio = 68400-42900-6500/2100
TIE ratio = 9.04
Answer:
land, Accounts Receivable
Notes Payable , Buildings
,Equiment
Explanation:
land will last very long if u take care if it
Notes payable are long-term assets because it says ' due in three years ' nad from what i know 3 years is alot
buildings are also very long-term asest if you build them strong and powerful
Notes Payable are long-term assets because it says " due in six months " . From whay i know 6 months is half year , and that is a lot
last but not least equiment . If you take care if your equiment it will stay good for al long time
P.S , hope it is right
PEACE