Answer:
b. $490,000
Explanation:
Total cost refers to the summation of all costs that is expended during production processes of certain products, which is made up of prime cost, overhead cost, etc.
Total cost = Prime cost + Overhead cost
Where,
Overhead cost = Setup [1,000 × $75 per setup] $75,000 + Machine hours [1,900 × $50 per machine hour] $95,000
Overhead cost = $170,000
Prime cost = $320,000
Therefore,
Total cost = $320,000 + $170,000
Total cost = $49,000
Answer: $18,460
Explanation:
Amounts that will go towards the cash account at the end of the year include all actual cash, undeposited checks, bank balances and short term investments.
The Total amount of cash to report will therefore be;
= Currency located at the company + Short-term investments that mature within three months + Balance in savings account + Checks received from customers but not yet deposited + Coins located at the company + Balance in checking account
= 1,050+ 1,950 + 8,500 + 650 + 110 + 6,200
= $18,460
The answer is whatever eye color your eyes because you are driving the bus. in my case, the asnwer is brown.
how about this one: a bus driver was heading down the street. He turned left at a no-left turn sign and went the wrong way down a one-way street. even though he passed right by a police officer, the police officer didn't arrest him. Why?
A: The bus driver was walking. I never said that he was driving.
Answer:
70years
Explanation:
The future value formula for compound interest, after n interest period is
where i is the interest rate per period in decimal form and P is the principal or present value.
The Rodriquez family is determined to purchase a $250,000 home so
F=$ 250,000
The family plans to save $2,500 a quarter for this purpose and expects to earn 6.65 percent.
This implies that:
For t years, the number of compounding periods will be;
We fixed the values into the formula and solve for t.
It will take approximately 70years
Answer:
D. Debit Accounts Receivable $7,344; credit Interest Revenue $144; credit Notes Receivable $7,200.
Explanation:
Interest: $7,200 × .06 × 120/360 = $144
The entry that Majesty should record on the maturity date for this dishonored note is :
Debit Accounts Receivable $7,344
Credit Interest Revenue $144
Credit Notes Receivable $7,200.
