Answer:
B) 60,100
Explanation:
Since months have passed between the bond issuance and October 31. The amortization of the premium received depends on the amount of interest recognized. When the effective interest method is used, interest expense is based on the yield rate and the beginning book value.
interest expense = ($1,000,000 + $62,000) x 10% x 6/12 = $53,100
interest payable = $1,000,000 x 11% x 6/12 = $55,000
the difference (bond premium) = $55,000 - $53,100 = $1,900
unamortized bond premium = $62,000 - $1,900 = $60,100
In a market economy, like the one described in the question, there is the potential to achieve efficiency in production. This is because producers can choose what they produce and can focus on the products they are good at. This can help with economies of scale and efficiency.
<h2>Answer:</h2>
<h3>1. A Better Understanding of the Target Market</h3>
<h3>2. Understand the Customer.</h3>
<h3>3. Salary Potential</h3><h3 /><h3>4. Experience the Global Marketplace Firsthand.</h3>
<h3>5. Enhance the Omnichannel Experience.</h3>
<h3>6. Go Behind the Perceptions.</h3>
<h3>7. Marketeers will always be in demand</h3>
<em>hope</em><em> </em><em>this</em><em> </em><em>help</em><em>!</em>
Answer:
Explanation:
The journal entry is shown below:
Work in process A/c - shaping department Dr $35,000
Work in process A/c - packaging department Dr $25,000
To Manufacturing overhead A/c $60,000
(Being apply overhead to the manufacturing departments is recorded)
The computation is shown below:
For shaping department
= 3,500 machine hours × $10 per machine hour
= $35,000
For Packaging department
= 2,500 machine hours × $10 per machine hour
= $25,000