Answer:
Option (c) is correct.
Explanation:
Given that,
Labor costs = $175,000
Production order = $150,000
General factory use = $25,000
Factory overhead applied to production = $23,000
Therefore, the journal entry is as follows:
Work in process A/c Dr. $23,000
To Factory overhead $23,000
(To record the factory overhead applied to production)
Currently at the moment the auto brands ford is making is of the following: Lincoln. Have a good day and I hope this helps you :D
Answer:
R = 7% x $1,000 = $70
Po= R/2(1-(1+Kd/m)-nm/Kd/m + FV/(1+Kd/m)nm
Po = 70/2(1-(1+0.0682/2)-13.5x2/0.0682/2 + 1,000/(1+0.0682/2)13.5x2
Po = 35(1-(1+0.0341)-27/0.0341 + 1000/(1+0.0341)27
Po = 35(17.4663) + 1,000/2.4728
Po = $611.3205 + $404.40
Po = $1,015.72
The correct answer is C
Explanation:
The current price of a bond is equal to present value of coupon plus the present value of face value of the bond. The bond pays semi-annual interest, thus, we will divide the coupon by 2 and then determine the present value. The bond yield will also be divided by 2.
Po = Current price of the bond, R = Coupon, Kd = Bond yield, FV = Face value, n = Bond maturity and m = No of times coupon is paid in a year
Presentation is the answer
Answer:
The correct answer is letter "D": Revenue and expense accounts reflect year-to-date amounts throughout the year.
Explanation:
Most firms close their accounts by the end of the year because of accounting reporting purposes. It does not imply throughout the year the firm will not be able to make reports of their performance. They actually can but closing the account relevant for the report requested. <em>By closing the accounts only by the end of the year, the revenue and expense accounts will show annual calculations in the upcoming period books.</em>
