Answer:
direct labor
Explanation:
Conversion cost is an addition of direct labor and overhead expenses that occurs during the transformation of raw materials into finished products.
Examples of conversion costs are :
Direct labor
Rent
Depreciation
I hope my answer helps you.
Answer:
$763,808.48
Explanation:
The computation of the principal amount after considering the monthly payment is shown below:
But before that first we have to determine the annual interest i.e
= $765,000 × 5.5%
= $42075
Now the one month interest rate which is
= $42,075 ÷ 12 months
= $3506.25
And, the given interest rate per month is $4,697.77
So, now the principal amount is
= $765,000 - ($4,697.77 - $3506.25)
= $765,000 - $1,191.52
= $763,808.48
Answer:
Noise being introduced into financial statements via rigid accounting rules
Explanation:
Noise being introduced into financial statements via rigid accounting rules.
The international financial statements doesn't am expense research and development as they occur
Answer: It is a No problem gift.
The first type of no-problem gift is personal property.
on which you did not claim Section 179 expensing,
that is not listed property, and
that would not produce a deductible tax loss if sold by you.
Explanation:
Answer:
C. Retained Earnings would be debited for $5,000
Explanation:
When the dividend is declared by a company, it becomes a liability for that company. Since, the amount has to be paid from the retained earnings balance of the company, it becomes a debit account. The journal entry should be as follows:
Retained Earnings Debit
Dividend payable Credit
The amount = 10,000 shares x $0.50 per share
Amount to be paid = $5,000
Therefore, option C is correct.