Answer:
156.6%
Explanation:
Given:
Cosi Company's Incurred over head for the next period = $830,000
Expected labor hours = 53,000
Cost of labor = $10.00 per hour
Thus,
Total labor cost = 53,000 × $10.00 = $530,000
Now,
the Cosi Company's predetermined overhead rate will be calculated as:
Predetermined overhead rate = Incurred overhead / Total labor cost
on substituting the respective values, we get
Predetermined overhead rate = ( $830,000 / 530,000 ) = 1.566
or
Predetermined overhead rate = 1.566 × 100% = 156.6%
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He wrote it because he wanted to share his experience with the world and what he went through. All ages should he able to read books like this so they can learn from the history so they don't repeat the past because everyone needs to know about this even that killer many jews for just being Jews this book helps us have a better understanding of why everyone should be equal to each other.
Answer:
$4,900 (From simple interest method)
Explanation:
Given:
Amount invested (p) = $4,000
Interest rate for simple interest (r) = 4.5% = 4.5/100 = 0.045
Interest rate for Compound interest (i) = 4%
Number of year (t) = 5
Computation of amount from simple interest method:
Amount = p(1+rt)
Amount = $4,000[1+(0.045 × 5)]
Amount = $4,000[1+0.225]
Amount = $4,000[1.225]
Amount (from simple interest method) = $4,900
Computation of amount from compound interest method:
Therefore, Amount from simple interest method is higher .
Answer:
Journalize the transactions of May 27, August 3, and November 14.
Explanation:
deb cre
may-27 Treasury Stock 600000
(75000*8)
Cash 600000
ago-03 Cash 594000
(54000*11)
Treasury Stock 432000
(54000*8)
Paid in capital for treasury stock 162000
nov-14 Cash 147000
(21000*7)
Treasury stock 168000
(21000*7)
Paid in capital for treasury stock 21000
