Answer:
The main professions in nepal are mostly farming and animal rearing.
The answer is A because if you don’t season the meat it won’t have flavor to hold to
Answer:
Dr Interest Expense account 10,000
Cr Cash account 10,000
Explanation:
We have to calculate how much interest did the company paid = $100,000 x 10/12 x 12% = $10,000
Then we must record the journal entries
- Dr Interest Expense account 10,000
- Cr Cash account 10,000
Since cash is an asset and it decreases, then it should be credited.
Since interest is an expense and it increases, it should be debited.
Answer:
a) $72,000
b) $90,000
c) $90,000
Explanation:
As per the data given in the question,
a) By using variable costing We can calculate the Total cost of finished goods inventory as follows:
= 3,000 units ×($9+$10+$5)
= $72,000
b) By using absorption costing the total cost of finished goods inventory can be calculated as follows:
= 3,000 units ×[ ($9+$10+$5)+($150,000÷25,000)]
= $90,000
c) 3,000 units should be carried in the inventory for external purposes at
= $90,000