Answer:
Activity Cost Pools Est. Overhead Est. Use Rate Per
Designing $452,925 $13,500 $33.55 Designer hours
Sizing and cutting $4,250,150 $167,000 $25.45 Machine hours
Stitching & trimming $1,400,525 $75,500 $18.55 Labor hours
Wrapping & packing $339,450 $31,000 $10.95 Finished units
Answer:
case 1)
bonds payable 24,000
loss on retirement 5,000
discount on BP 4,500
cash 24,500
case 2)
bonds payable 24,000 debit
premium on BP 1,000 debit
gain on retirement 500 credit
cash 24,500 credit
Explanation:
we are going to write off the bonds payable and their discount account
we also debit the cash account for the amount of cash outlay to retire the bond
the difference between cash and the carrying value will be the loss on retirement when lower
and a gain on retirement when higher.
case 1)
carrying value 19,500
total cash outlay (24,500)
loss on retirement (5,000)
case 2)
carrying value 25,000
total cash outlay (24,500)
gain on retrement 500
Answer:
$15,400
Explanation:
Given
70% of sales are collected in the month of the sale, and the remainder are collected in the following month.
Considering the month of July with Accounts receivable balance (July 1, 2018) $20,000
Sales = $24,000
Cash collected = 20000 + (70% × 24000)
= 20000 + 16800
= $36,800
Account receivable balance (1 August, 2018)
= 30% × 24000
= $7,200
For the month of August
Sales = $14,000
Cash collected = 7200 + (70% × 14000)
= 7200 + 9800
= $17,000
Account receivable balance (1 September, 2018)
= 30% × 14000
= $4,200
For the month of September,
Sales = $16,000
Cash collected = 4200 + (70% × 16000)
= 4200 + 11200
= $15,400
The total cash collected from Sales which is made of 30% from the previous month's sales and 70% of September sales is $15,400
The correct answer for this question is this one: "D.30 to 40." SAT scores generally fall 30 to 40 points above or below a student's true ability. SAT <span>is a standardized test widely used for college admissions in the United States. </span>
The kind of data source is not known. Results may be invalid because some internet websites don’t upgrade their formats to the latest one. A lot of important details may also be missing from internet sites since some of their formats are incorrect while their data cannot be used as resource in some statistic software.