Answer:
A.The unit product cost of Product G8 under traditional costing is greater than its unit product cost under activity-based costing by $171.48.
Explanation:
In the given problem, the unit cost if we consider the traditional method of costing is estimated as $752.14. Furthermore, the unit cost if we consider the activity-based method of costing is approximately $580.58. Therefore, we we subtract the two values from each other, we have:
$752.14 - $580.68 = $171.46
This is close to the value in option A.
Answer:
$7,380
Explanation:
The computation of the interest expense is shown below:
= Issued value of the bond × rate of interest × number of months ÷ total number of months in a year
= $82,000 × 12% × 9 months ÷ 12 months
= $7,380
Note: This is the answer but the same is not mentioned in the given options.
Basically we multiplied the issued value with the interest rate and the time period in months
Answer:
$1,900
Explanation:
Calculation to determine what the bad debt expense for the year is:
Accounts Receivable Uncollectible percentages 1-30 days $40,000* 1.5% =$600
31-60 days $10,000 *8.0% =$800
61-90 days $6,000 *15.0% =$900
Total $2,300
Bad debt expense =$2,300-400
Bad debt expense =$1,900
Therefore Based on this information, the bad debt expense for the year is:$1,900