Answer:
Dr supplies expense $4,100
Cr supplies $4,100
Explanation:
Supplies used in the year needs to be ascertained before any adjusting entry can be posted.
Supplies used=beginning supplies+purchases-ending supplies
beginning supplies is $3,690
purchases of supplies was $1,700
ending balance of supplies was $1,290
supplies used=$3,690+$1,700-$1,290=$ 4,100.00
The used portion of supplies would be debited to supplies expense while supplies inventory is credited with the same amount.
Answer:
B. 20,000
Explanation:
Standard Variable overhead rate = $6 per units / 2 direct labour hour
Standard Variable overhead rate = $3 per hour
Variable Overhead Spending Variance = Actual hours worked * (Actual overhead rate - Standard overhead rate)
Variable overhead spending variance = 160,000 * (3.125 -3)
Variable overhead spending variance = 160000*0.875
Variable overhead spending variance = 20,000
a.
WACC is calculated as –
WACC = (Weight of common stock X Cost of common stock) + (Weight of preferred stock X Cost of preferred stock) + (Weight of debt X After tax cost of debt)
WACC = (64% X 13.4%) + (9% X 6.4%) + (27% X ((1- 40%)*8.1%))
WACC = 10.46%
b. After tax cost of debt is calculated as –
After tax cost of debt = (1- tax rate) X cost of debt pre-tax
After tax cost of debt = ((1- 40%)*8.1%))
After tax cost of debt = 4.86%
Its common-size percent for cash equals 8.77%.
Cash is prison gentle—currency or coins—that may be used to change items, debt, or offerings. Every so often additionally it is the value of the property that may be easily converted into coins right away, as stated through an employer.
A cash price is bills or cash paid by the recipient of products or services to the issuer. It can also contain a fee inside an enterprise to employees in compensation for their hours worked or to pay off them for minor prices which are too small to be routed thru the accounts payable device.
Coins in a bank mean the contemporary balance in checking accounts, savings accounts, or the like within the call of the enterprise/enterprise applying for a certificate. Do now not encompass retirement bills or personal bank account balances.
Percent of cash to total asset = Cash / Total Assets
= 15800 / 180100
= 8.77%
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Answer:
A) right; increase
Explanation:
In the case of the closed economy when the marginal product of capital increased so it also increased the investment due to which the shifting of the investment curve is rightward and this will result in increase in the real interest rate
So as per the given situation, the option a is correct
