Answer:
Note <em>See complete question as attached as picture below</em>
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a. Predetermined factory overhead rate = Estimated factory overhead cost / Direct labr hours
Predetermined factory overhead rate = $1,750,000 / 500,000 hours
Predetermined factory overhead rate = $3.50 per direct labor hours
b. Particulars Amount
Job 50 (20,000*3.50) $70,000
Job 51 (24,000*3.50) <u>$84,000</u>
Factory overhead applied <u>$154,000</u>
c. Balance in factory overhead = $154,000 - $153,000
Balance in factory overhead = $1,000
d. Over-applied factory overhead = $1,000
If a firm, best computer buys, requires its customers to buy software from it whenever the customers purchase a computer, the company's policy is called a tying arrangement.
A tying arrangement occurs while, thru a technological or contractual requirement, a dealer conditions the sale or hire of one service or product on the purchaser's settlement to take a second service or product.
Tying under U.S. law has been defined as "a settlement with the aid of a party to sell one product however best on the situation that the purchaser also purchases a distinctive (or tied) product, or at least is of the same opinion that he'll not purchase that product from another provider."
When a seller requires buyers to purchase second products or services as a situation of acquiring first services or products, it could run afoul of the federal antitrust legal guidelines. This is called a tying association or tying agreement.
Learn more about tying arrangements here brainly.com/question/9982025
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Answer:
Option (B) is correct.
Explanation:
There is a positive relationship between the inflation rate and the nominal interest rate. When there is an increase in the inflation rate then as a result nominal interest rate also increases at a same rate. This means that people desire to hold less money because of higher nominal interest rate.
Suppose that nominal interest on a savings account is at 5% and inflation rate is at 3% then this means that money in the savings account grows at a 2% and this 2% is a real interest rate.
Answer:
BUCKEYE INCORPORATED
General Journal:
No Date Description Debit Credit
1 November 01
Cash $11,000
Common Stock $11,000
To record the issue of common stock for cash.
2. November 02
Equipment $1,500
Long-term Note Payable $1,500
To record the purchase of equipment from Spartan Corporation.
3. November 04
Supplies $1,100
Accounts Payable $1,100
To record the purchase of supplies on account.
4. November 10
Accounts Receivable $7,000
Service Revenue $7,000
To record the provision of services to customers on account.
5. November 15
Accounts Payable $1,200
Cash Account $1,200
To record the payment to suppliers on account.
6. November 20
Salaries Expense $1,000
Cash Account $1,000
To record the payment of salaries for the first half month.
7. November 22
Cash Account $9,000
Service Revenue $9,000
To record the provision of services to customers for cash.
8. November 24
Long-term Notes Payable $600
Cash Account $600
To record the payment on note to Spartan Corporation.
9. November 26
Utilities expense $1,200
Cash Account $1,200
To record the payment for gas and electricity for November.
10. November 30
Rent expense $3,000
Cash Account $3,000
To record the payment of rent for November.
Explanation:
General Journals: Buckeye Incorporated can use the general journal to record its business transactions as they occur on a daily basis. It shows the accounts involved in the transaction and the accounts to be debited and credited as the case may be.
I would say D because for 10 laptops it’s 60,000 and for 4 of them it’s 2,400 but I’m not sure