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Nikitich [7]
3 years ago
7

Which one is odd?furnitureSalaryPlantLand​

Business
2 answers:
skelet666 [1.2K]3 years ago
7 0
Furniture? Maybe not sure
Gekata [30.6K]3 years ago
4 0

Answer:

Furniture

Explanation:

Furniture doesn't have an a and also does not have to deal with farming. Land, plants, and salaries have to deal with farming

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For a repayment schedule that starts at EOY four at ​$Z and proceeds for years 4 through 9 at ​$2Z​, ​$3Z​,..., what is the valu
Tamiku [17]

Answer:

$778.05625

Explanation:

The computation of the amount of repayment is shown in the attachment below:

Given that

Proceeds for year 4 through 9 at $2Z​, ​$3Z

The Principal of the loan amount = $10,000

Interest rate = 7% per year

Based on the given information, the value of Z or the amount of repayment is  

= Principal of the loan amount ÷ Total annuity

= $10,000 ÷ 12.85254119

= $778.05625

6 0
4 years ago
Q1: Grohl Co. issued 11-year bonds a year ago at a coupon rate of 6.5 percent. The bonds make semiannual payments. If the YTM on
WINSTONCH [101]

Answer:

Explanation:

N = 4 (5-year bond - 1 year (ago))*2 = 8

I% = YMT= 8/2 = 4

PMT = (1,000)(.07) = 70/2 = 35

FV=1,000

Calculating PV, PV=966.34

6 0
3 years ago
During December, the production department of a process operations system completed and transferred to finished goods a total of
wolverine [178]

Answer:

$2.81

Explanation

Completed and transferred (79,000 * 100%)     79,000

<u><em>Ending Work in Process</em></u>

Direct materials (14,000*60%)                             <u>8,400 </u>

Equivalent units                                                   <u>87,400</u>

Costs of beginning inventory                               $58,800

Costs incurred this period                                    <u>$186,900</u>

Total costs                                                             <u>$245,700</u>

Cost per equivalent unit = Total costs / Equivalent units

Cost per equivalent unit = $245,700 / 87,400

Cost per equivalent unit = 2.811212814645309

Cost per equivalent unit = $2.81

3 0
3 years ago
Gene Simmons Company uses normal costing in each of its three manufacturing departments. Factory overhead is applied to producti
kolbaska11 [484]

Answer:

<u>Required A</u>

Part 1

<em>Actual overhead rate = Actual Overheads ÷ Actual hours used</em>

Therefore,

Dep A = $35,640 ÷ 8,100 = $4.40

Dep B = $36,040 ÷ 1,440 = $25.03

Dep C = $38,220 ÷ 1,280 = $29.86

Part 2

<em>Overheads applied = Overhead rate × hours used</em>

Therefore,

Overheads applied = $4.40 × 650 hours = $2,860

Part 3

1. Actual costing delays product costing as the information is only available after the period.

2. Difficult to deal with for fluctuating or seasonal sales as new rates always need to be calculated.

<u>Required B</u>

Part 1

1. Product Costing can be done on time hence price setting can also be done at an earlier stage.

2. Rates are determined consistently for fluctuating or seasonal sales

Part 2

<em>Predetermined overhead rate = Budgeted Overheads ÷ Budgeted hours </em>

Therefore,

Dep A = $380,000 ÷ 95,000 = $4.00

Dep B = $420,000 ÷ 70,000 = $6.00

Dep C = $510,000 ÷ 35,000 = $14.57

Part 3

<em>Overheads applied = Predetermined overhead rate × hours used</em>

Therefore,

Overheads applied for January,

Department A = $4.00 × 8,100 hours = $32,400

Department B = $6.00 × 1,440 hours = $8,640

Department C = $14.57 × 1,280 hours = $18,649.60

Part 4

If <em>Actual Overheads > Applied Overheads</em>, we say overheads are under-applied,

and

If <em>Applied Overheads > Actual Overheads</em>, we say overheads are over-applied.

Therefore,

<u>Department A :</u>

Actual Overheads = $35,640

Applied Overheads = $32,400

Therefore, overheads are under-applied by $3,240

<u>Department B :</u>

Actual Overheads = $36,040

Applied Overheads = $8,640

Therefore, overheads are under-applied by $27,400

<u>Department C :</u>

Actual Overheads = $38,220

Applied Overheads = $18,649.60

Therefore, overheads are under-applied by $19,570.40

Part 5

<u>Department A</u>

Cost of Sales = $3,240

<u>Department B</u>

Cost of Sales = $27,400

<u>Department C</u>

Cost of Sales = $19,570.40

Part 6

<u>Department A</u>

Cost of Sales = $3,240

<u>Department B</u>

Cost of Sales = $27,400

<u>Department C</u>

Cost of Sales = $19,570.40

Explanations :

See the formulas and calculations tied together with the solution above.

Note that :

If <em>Actual Overheads > Applied Overheads</em>, we say overheads are under-applied,

and

If <em>Applied Overheads > Actual Overheads</em>, we say overheads are over-applied.

Also that ,

Balances in the Overheads Account are closed off against the Cost of Goods Sold in the Income Statement.

 

7 0
3 years ago
The Mac®'s GUI set it apart from earlier operating systems.<br><br><br> False<br><br> True
hammer [34]
The answer is true hope this helps you
6 0
3 years ago
Read 2 more answers
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