Answer:
The variable overhead rate variance for the month is $2,548 favorable
Explanation:
In this question, we use the formula of the variable overhead rate variance which is shown below:
= Actual level of activity × (Standard rate - Actual rate )
= 9,100 × ($7.60 - $7.32)
= 9,100 × 0.28
= $2,548 favorable
The actual rate is not given in the question, so we have to compute by using the formula which is given below:
= Actual total variable manufacturing overhead ÷ Actual level of activity
= $66,600 ÷ 9,100
= $7.32
Hence, the variable overhead rate variance for the month is $2,548 favorable
Answer:
the study of how people and organizations construct and develop legal agreements. It analyzes how parties with conflicting interests build formal and informal contracts, even tenancy.
You would choose the last one. In two months, you make more money thank you would in those two years for the first man.
Answer:
kaby lame
Explanation:
Now don't get us wrong – not all of these answers raise this excellent question
Answer:
A. $840,000
B. Discount
C. Annual interest expense on these bonds will be more than the amount of interest paid each year.
Explanation:
Data
Bonds issued = $21,000,000
Coupin rate = 4.0%
Market Interest rate = 4.46%
Requirement A: Annual interest amount
Interest amount = Bonds issued x coupon rate
Interest amount = $21,000,000 x 4.0%
Interest amount = $840,000
Requirement B: Whether it is Premium or Discount?
Bonds that Atom Endeavour Co. issued are discount as you can clearly see in the data that the market rate is higher than the coupon rate. Investors who will buy these bonds surely expect a capital gain.
Requirement C:
The discount on the issue of bonds is amortized to interest expense over the life of the bond, therefore the interest expense on these bonds will be more than the amount of interest paid each year,
