Answer:
$20,781.25
Explanation:
Bond carrying amount after the first interest payment on June 30, 2018:
= Carrying value of bond On January 1, 2018 + Amortization of discount on June 30, 2018
= 20,300 + 481.25
= $20,781.25
Better Mousetrap Inc. Better Mousetrap Inc. is a manufacturing company that sells pest control products. Recently the company la
1 answer:
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Answer:
Total Material Variance = $52,130 Unfavorable
Explanation:
Total Material Variance = Actual Cost - Standard Cost
Total Material Variance = Direct Material Price Variance + Direct Material Usage Variance.
But here, we will calculate straight, therefore
Standard cost for 5,200 sleeping bags
= 5,200 4
$5.50 = $114,400
Actual Cost = 27,300 $6.10 = $166,530
Total Material Variance = $166,530 - $114,400 = $52,130 Unfavorable
As this is the positive, as also Actual cost is higher than standard therefore, this is unfavorable.