Answer:
$120
Explanation:
Interest Expense on the Bonds payable is the coupon payment plus any amortized discount. As in this question there is no amortized discount because the bonds are issued on the par value.
As er given data
Face Value = $100,000
Coupon payment = $100,000 x 12% = $120 annually = $60 semiannually
Interest Expense for the year = Interest Paid on June 30 + Interest Paid on December 31
Interest Expense for the year = $60 + $60 = $120
This wouldn’t by chance have multiple choice options would it?
Answer:
the variable overhead efficiency variance is $1,840 unfavorable
Explanation:
The computation of the variable overhead efficiency variance is shown below:
= Standard variable overhead rate × (standard hours - actual hours)
= $4.60 × (10,600 - 11,000)
= $1,840 unfavorable
Hence, the variable overhead efficiency variance is $1,840 unfavorable
As the standard hours would be less than the actual hours so it would be unfavorable variance
Answer:
a). Unemployment rate in March=8%
b). Unemployment rate in April=9.4%
Explanation:
a).
The unemployment rate can be expressed as;
R=P/L
where;
R=unemployment rate
P=number of unemployed persons
L=labor force
In our case;
R=unknown
P=number of unemployed persons=labor force-number of employed persons
P=100-92=8 million
L=100 million
replacing;
R=8/100=0.08×100=8%
The unemployment rate in March=8%
b).Unemployment rate for April
Unemployment rate={(total unemployed+discouraged workers)/(labor force+discouraged workers)}×100
total unemployed=8 million
discouraged workers=1.5 million
labor force=100 million
replacing;
Unemployment rate=(8+1.5)/(100+1.5)=(9.5/101.5)×100=9.4%
Unemployment rate in April=9.4%
Based on the scenario above, it is suggested that Girard
practices the management by walking around. The MBWA or the management by
walking around is a style where the management uses this with their managers
wandering in the workplaces to check their employees.
