Answer:
The balance in the Prepaid Rent account as of April 30, 2018 = $7,200
Explanation:
Monthly rent = $3,600
Rent paid on 1 January = $3,600
6 = $21,600
Out of which Prepaid Rent = $3,600
5 = $18,000
for 5 months
Prepaid rent account as on April 30 balance will be of rent for May and June,
That is $3,600
2 = $7,200
Only this amount will be outstanding in prepaid rent as for the month till April each month rent would have been adjusted from February to April.
Final Answer
The balance in the Prepaid Rent account as of April 30, 2018 = $7,200
Answer:
A safety protection clause in a listing agreement entitles the real estate broker or agent to a commission after the listing expires or is canceled. This applies when the final buyer was brought to the deal by the broker.
The factory overhead applied to the product is $5,400
Let understand that Factory Overhead means the <em>total cost</em> that is used in operating all the production segment (i.e depreciation of equipment, salary, wages, electricity) of a manufacturing company and its does not include the costs of direct labor & materials.
- <em>Factory Labor Incurred equals $8,000 (including $6,000 direct and $2,000 indirect</em>
<em>- Manufacturing Overhead is applied to the product based on 90% of direct labor dollars</em>
<em />
- Therefore, the Factory overhead applied will equals Direct factory labor incurred * 90% Overhead applied
<em />
<em>Factory overhead applied = $6,000 * 90%</em>
<em>Factory overhead applied = $5,400</em>
<em />
In conclusion, the factory overhead applied to the product is $5,400
See similar Factory overhead here
<em>brainly.com/question/14330080</em>
Do you have a word bank?
i think 1: flowchart
2: first
The type of business that the uncle is said to have would be described as an entrepreneurial business.
<h3>What is an entrepreneurship?</h3>
This is used to refer to the business that is owned by a single person. This person is called the entrepreneur who gets to enjoy either the profit or the loss that may occur in the business that he is operating.
The question says that the uncle has a chain of these businesses across three states, we can say that the uncle is an entrepreneur.
Read more on entrepreneurship here: brainly.com/question/353543
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