It is important to understand that the styles describe different aspects of applications. For example, some architectural styles describe deployment patterns, some describe structure and design issues, and others describe communication factors. Therefore, a typical application will usually use a combination of more than one of the styles described in this chapter.
Answer:
6.32%
Explanation:
Bonds yield amount = $1,030 × 6.14% = $63.242
Coupon rate = Bond yield amount ÷ Par value of the bond = $63.242 ÷ $1,000 = 0.063242, or 6.32%
Therefore, the coupon rate on the bonds must be 6.32%.
Answer:
$7,650
Explanation:
Calculation for the marginal revenue product of the fifth unit of labor
Using this formula
Fifth unit of Labor marginal revenue product=Fifth Quantity of Output*Marginal Revenue
Let plug in the formula
Fifth unit of Labor marginal revenue product=1,530 *$5
Fifth unit of Labor marginal revenue product=$7,650
Therefore the marginal revenue product of the fifth unit of labor is $7,650
Answer:
B. Purchasing inventory on account
Explanation:
The Purchase of inventory on account is not recorded when the cash basis of accounting is recorded but where as it is recorded when accrual basis of accounting is used.
Answer:
Work in process inventory at April 30 is $4,700
Explanation:
In this question, we apply the cost of goods manufactured formula which is shown below:
Cost of goods manufactured = Opening balance of work in progress + total manufacturing cost - ending balance of work in progress
where,
Total manufacturing cost = Direct material + direct labor + overhead
= $27,000 + $30,000 + $8,000
= $65,000
So, the ending balance work in progress equal to
= $9,000 + $65,000 - $69,300
= $4,700
