Answer: Income earned for cups = $1,000
Explanation:
Given:
Materials cost = $40,000
Labor cost = $44,000
Remixing cost amount to $2,000
TSC sold the platters for $100,000 and the cups for $12,000
There will be a decrease in net income due to non-selling of cups
= $12,000 - $2,000
= $10,000.
Thus, the Company's total income will decrease by $10,000 if it stops making and selling cups.
Joint cost allocated to cups
= (40,000 + 44,000)×12,000 ÷ (100,000 + 12,000)
= $9,000
∴
Income earned for cups
= $12,000 - $2,000 - $9,000
= $1,000
Answer:
Journal entries to record the expenses incurred are given below.
Debit Factory Overhead Control Account $ 1300
Credit Utilities bills account $ 700
Credit Accumlated factory depreciation $ 400
Credit property tax payable $ 200
Journal entries to record the allocation of overhead at the predetermined rate of $1.50 per machine hour are given below.
Debit WiP process account $ 525
Credit Factory overhead applied account $ 525
(1.5 * 350 (machine hours))
Answer:
$184,068.70
Explanation:
Given that
Annual payments = $31,000
Discount rate = 12%
Time period = 11 years
The computation of the present value is shown below:
= Annual payments × PVIFA factor for 11 years at 12%
= $31,000 × 5.9377
= $184,068.70
Simply we multiplied the annual payments with the PVIFA factor so that the present value could arrive
Refer to the PVIFA table
Answer:
gotta start off with how much i love your quackity pfp <3
Explanation:
1. I would suggest putting the education on your parents credit card. A student loan could be a livesaver in the moment, but if it can`t be paid off it will stick to you as future debt. This is especially hard to get rid of if you were having to take out a loan in the first place, because you don`t/didn`t have the money for it.
2. (this one im not as sure about so get a second opinion if you can) If the card was opened as a Target card, then it can only be used for the store assiciated with it. Also known as RedCard, Target cards are specifically for shopping and buying merchandise in that store or any corresponding locations.
Hope this helps ;-;
They answer is Vietnam and world war 1