Answer:
$1,150.
Explanation:
First, we find what that 15% is by setting an equation:
This gives us: $150
Now, we just add that to the deposited money.
$1000 + $150 = $1,150
Hope this helps!
The journal entry for this issuance would include is $ 10,53,000.00.
A magazine entry consists of the acquisition of machinery with the aid of the country wherein the equipment account could be debited, and the coins account may be credited.
A magazine access is a report of the enterprise transactions inside the accounting books of a enterprise. A well documented magazine entry consists of the best date, amounts to be debited and credited, description of the transaction and a completely unique reference wide variety. A magazine access is the first step within the accounting cycle.
Debit Credit
Number of shares = $ 39,000
cost of per shares = $3
total cash of shares = $ 117000 117000
Common stock ( 39000 * 3 ) 117000.00
Paid in capital ( 39000 shares * 27) 10,53,000.00
(To record the issuance of shares at a premium of $ 27)
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Answer: 45 containers
Explanation:
The number of containers needed is calculated by:
= (Expected demand during Lead time + Safety Stock) / Container Capacity
Expected demand during Lead time = Daily demand * Lead time
= 2,500 * 3
= 7,500 units
Safety stock = 1.5 days * 2,500
= 3,750 units
Number of containers needed:
= (7,500 + 3,750) / 250
= 45 containers
Answer:
Materials quantity variance and labor efficiency variance.
Explanation:
Material quantity variance is defined as the difference that exists between the actual amount of a material that is used in production and the expected amount to be used. It measures the efficiency with which a raw material is converted into product.
MQV is calculated by multiplying standard price of material by difference between standard quantity and actual quantity.
Labour efficienct rate on the other hand measure efficiency of using labour.
It is calculated by multiplying standard labour rate with difference between standard labour amount and actual labour amount.
