The actual overhead incurred = $98,500
The overhead applied = 34000 * 1 ( $1.75 + $1.50) = 34000*1*3.25 = $110,500
The budgeted overhead = 34000*1*$1.75 + (35000*1*1.50) = (34000*1*$1.75)+52500 = $112,000
A) The total manufacturing overhead cost variance = Overhead applied - Actual overhead = $110,500 - $98,500 = $12,000 F
1. Ordering 204 boxes will minimize the sum of annual ordering and carrying costs
2. Total cost will be $6118.82
3. Yes,annual ordering and carrying costs always equal at the EOQ.
<u>Explanation</u>:
D = 40 boxes per for 260 days
= 
boxes
S = $60
H = $30
1. 
= 203.96
Q = 204 boxes
2. 
TC= $6118.82
The correct option is (d).
- Choosing the best mutual funds by comparing performance of mutual funds against a benchmark index.
- Money market funds, bond funds, stock funds, and target date funds are the four primary categories into which most mutual funds fit.
- Each variety has unique characteristics, dangers, and benefits.
- The rate of return is subtracted from the risk-free rate of return for the investment, and the result is divided by the return on investment's standard deviation.
- The Sharpe ratio tells investors if an investment's results are the result of prudent investing decisions or an outcome with excessive risk.
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Answer:
Dr Cash 4,160,000
Cr Premium on Bonds Payable 160,000
Cr Bonds Payable 4,000,000
Explanation:
Preparation of the entry to record the issuance
Based on the information given The entry to record the issuance is:
Dr Cash $4,160,000
[(4000*1000)*104%]
Cr Premium on Bonds Payable $160,000
($4,160,000-$4,000,000)
Cr Bonds Payable $4,000,000
(4000*1000)
(To record the issuance)
Question Completion:
The impact on accounting equation:
Answer:
Assets = Liabilities + Equity
a. Cash +$6,200 = Liabilities + Retained Earnings + $6,200
b. Accounts Receivable +$4,700 = Liabilities + Retained Earnings + $4,700
c. Cash -$1,750 = Liabilities + Retained Earnings -$1,750
d. Cash + $2,350; Accounts Receivable -$2,350 = Liabilities + Equity
e. Cash - $840 = Liabilities + Retained Earnings -$840
Explanation:
The accounting equation states that Assets = Liabilities + Equity. This equation means that every business transaction has effect on either side or both sides of the equation. For every transaction, the Assets are increased or decreased and Liabilities + Equity are increased or decreased. And sometimes, only one side is affected by a transaction. This means that the affected side is increased and decreased by one transaction. Case "d" is typical example.
