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ANTONII [103]
3 years ago
11

Which journal entry below would be properly used to record an issuance of an installment note (borrowing money) from first bank

on january 1 of this year. the principal of the note is $50,000, interest rate is 7%, terms of the note 5 years, annual payment $12,195?
Business
1 answer:
Drupady [299]3 years ago
8 0
Principal of the note
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Overapplied manufacturing overhead would result if:
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​(A) What price should the company charge for the​ phones, and how many phones should be produced to maximize the weekly​ revenu
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2500 phones produced at $250 per phone

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p = 500 - 0.1x

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revenue = quantity * price/unit  

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p(x) maximum when first derivative is set to 0

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price/unit : p = 500 - 0.1*2500 = 500 - 250 = 250

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The company should produce 2500 phones each week at a price of $250

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