Answer:
cost of goods manufactured= $490,000
Explanation:
<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
cost of goods manufactured= 20,000 + 120,000 + 190,000 + 170,000 - 10,000
cost of goods manufactured= $490,000
Answer:
$920,266
Explanation:
The adjusted unamortized bond premium is the initial bond premium recorded on the issuance of the bond minus the amortized bond premium for the year ended 31 December 2021.
The initial bond premium is $981,878
At year end of the first year the amortized premium is the difference between the interest expense recognized and coupon interest paid in cash .
Interest expense=$8971878*10%=$897,187.80
coupon interest= $7990000*12%=$958,800.00
Amortized bond premium= $958,800.00-$897,187.80=$ 61,612.20
Adjusted unamortized bond premium=$981,878-$61,612.20=$920,265.80
Answer:
Forbid combinations in restraint of trade and monopolizing.
Explanation:
The Sherman Antitrust Act of 1890 is mainly aimed at preventing anti competitive agreements and unilateral conduct by a group of businesses aligning with one another. Such alignment results in restraint of trade and monopoly.
This Act enables the Department of Justice to bring charges against violators of antitrust laws and they may face as much as treble damages (three times of the damage caused to other parties).
Artificial raising of price and restriction of supply of products or trade are prohibited under this Act.
Answer:
a. Current Assets and Property, Plant, and Equipment
Explanation:
These classify the assets and liabilities in the classified balance sheet into various types Including assets that are divided into Property, Plant, and Equipment, current assets.
Liabilities are similarly divided into current liabilities, long-term liabilities The accounting equation is used in any balance sheet that means
Total assets = Total liabilities + shareholder equity
Answer:
In a static storage area each product is assigned a specific area, whereas in dynamic storage, product locations and fluid and as such are subject to change.
