Answer:
net purchases = $374,400
cost of goods purchased = $391,500
Explanation:
net purchases = total purchases - purchase returns and allowances - purchase discounts = $392,500 - $11,900 - $6,200 = $374,400
cost of goods purchased = net purchases + freight in costs = $374,400 + $17,100 = $391,500
Answer:
Annual deposit = $8208
Explanation:
Below is the calculation:
Future value of money, FV = $513000
Time period from 39 to 62 = 23 years
Interest rate = 8%
Annual deposit = FV (A/F, n, r)
Annual deposit = 513000 (A/F, 23, 8%)
Annual deposit = 513000 x 0.016
Annual deposit = $8208
Answer:
the after-tax cost of debt is: 27,090
Explanation:
assuming the entire among of the consulting services is tax deductible
we can determinate the after-tax cost as:
expense x (1 - tax rate) =
43,000 x (1 - 0.37) = <em>27,090</em>
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<em>the rate of return of a potential investment is not relevant for this purpose as is paying right away and not giving time to invest in a project to pay the amount next year.</em>
Answer:
Total manufacturing cost= $510
Explanation:
Giving the following information:
Mickley Company’s plantwide predetermined overhead rate is $14.00 per direct labor-hour and its direct labor wage rate is $17.00 per hour. The following information pertains to Job A-500: Direct materials $ 231 Direct labor $ 153.
Direct labor hours= 153/17= 9 hours
Total manufacturing cost= direct material + direct labor + manufacturing overhead= 231+153 + (14*9)= $510
<span>I would say A)minimum dollar amount that can be in an account wouldn't want an account with just a dollar in it, it would be a waste of time and space.</span>