Answer:
the expenditures are missing, so I looked for a similar question:
- 1/2/2014 $400,000
- 7/1/2014 $1,200,000
- 12/31/2014 $1,200,000
- 3/31/2015 $1,200,000
- 9/30/2015 $800,000
Weighted average expenditures for 2014:
January 1 = $400,000 x 1 = $400,000
July 1 = $1,200,000 x 1/6 = $600,000
December 31 = $1,200,000 x 0 = $0
total = $1,000,000
Since the company borrowed $2,200,000 specifically for this construction project, then capitalized interests = $1,000,000 x 12% = $120,000
Answer:
The applied overhead is $231,000
Explanation:
The computation of the applied overhead is shown below:
= Predetermined overhead rate × direct labor hour
= $42 × 5,500 hours
= $231,000
Since the predetermined overhead rate is given in the question, so there is no need to re calculate it.
And, the other items which are mentioned in the question are not considered in the computation part. Hence, these items would be ignored
Molly will need to take her W-2 and 1099-INT to a tax preparer. 1099-INT is used to report interest income from banks, brokerages, and other financial institutions. Thank you for posting your question here in brainly. I hope my answer helps.
<span>The mechanism, process, or means by which buyers and sellers are brought together.</span>
Answer: $24800
Explanation:
To calculate the noncontrolling interest in 2020 income of Low goes thus:
Profit reported by Low in 2020 = $70000
Add: Profit in opening stock that isn't sold to third party = ($100,000 × 40%) × 30% = $12,000
Less Profit in Opening stock that's not sold to third party = $50000 ×40% =$20000
The Total Profit will be:
= $70000 + $12000 - $20000
= $62000
Then, the noncontrolling interest in 2020 income of Low will be:
= $62000 × 40%
= $62000 × 0.4
= $24800
