____________ skills include the ability to perform tasks of a specific department or job, such as selling (marketing) or bookkee
1 answer:
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Answer:
To Determine
Job order costing
Job order cost system provides a separate record of each particular quantity of product that passes through the factory. Each quantity that is manufactured in the business is known as job. Job order costing is used when the product produced are significantly different from each other.
To record: the journal entry to record all the summarized operations.
View image for journalized entry.
Answer: The monthly payment will be $2007.81.
We have:
Cost of the sports coupe (PV) $84,500
Annual Percentage Rate (APR) 6.6%
Loan tenure in months (n) 48
We can find the monthly payment by using the Present value of an annuity formula:
Since APR is a yearly number, we need to convert it into a monthly rate.
So ,
Plugging values in the PV formula above we get,