Answer:
Product Costs: (a), (e) and (f).
Period Costs: (b), (c) and (d).
Explanation:
The difference between the two types of costs is that product costs are recorded within the inventory asset, since they affect the products. While the period costs are expenses that are recorded in the income statement without affecting inventory costs.
The product costs (Inventory Costs) are:
(a) Manufacturing overhead
(e) Direct labor
(f) Direct materials
The costs of the period (Expenses) are:
(b) Selling expenses.
(c) Administrative expenses
(d) Advertising expenses
Hope this helps!
Answer:
Bond Price= $1,156.33
Explanation:
Giving the following information:
Number of periods= 15*2= 30 semesters
Cupon= (0.087/2)*1,000= $43.5
YTM= 0.07/2= 0.035
Par value= $1,000
<u>To calculate the price of the bond, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 43.5*{[1 - (1.035^-30) / 0.035]} + [1,000 / (1.035^30)]
Bond Price= 800.05 + 356.28
Bond Price= $1,156.33
Answer: $428,000
Explanation:
Given that,
Accounts payable = $62,000
Accounts receivable = 100,000
Cash = 30,000
Inventory = 138,000
Land = 160,000
Common Stock = 200,000
Revenue = 80,000
Dividends = 56,000
Expenses = 40,000
Total assets = Accounts receivable + Cash + Inventory + Land
= 100,000 + 30,000 + 138,000 + 160,000
= $428,000
Lupe entered her paycheck in the wrong column. She also forgot to record one of her purchases.
i'm doing this assignment rn too lol
