Answer:
Explanation:
The journal entry is shown below:
Bonds Payable A/c Dr. $1,500,000
Loss on Redemption of Bond A/c Dr. $25,100
To Discount on Bonds Payable A/c $70,100
To Cash A/c $1,455,000
(Being the redemption of the bond is recorded)
The loss on redemption of bond would be
= $1,455,000 + $70,100 - $1,500,000
= $25,100
Answer:
putting a halt on the layoffs
Explanation:
This strategy should begin by putting a halt on the layoffs. This should be top priority since the layoffs themselves are the main cause for the criticism that the company is receiving and this criticism is the sole reason as to why its market position and staff productivity has fallen drastically. People think the company is failing and the staff is scared that they will eventually be fired. By stopping layoffs and waiting for a market recovery you give other better options a chance to arise and more efficient strategies to take effect.
I'm trying to finish setting my account up so sorry I don't know the answer just putting this down so I complete the steps.
Answer:
B)$4.25
Explanation:
Predetermined Overhead rate = Estimated Manufacturing overhead / Estimated Machine hours
Predetermined Overhead rate = $68,000 / 16,000 =$4.25 per unit
Machine-hours 16,000
Manufacturing Overhead:
Salary of production supervisor $40,000
Indirect material $8,000
Rent on factory equipment <u> $20,000</u>
Total Manufacturing overhead <u>$68,000</u>
The euro is the common currency across Europe.