Answer and Explanation:
The journal entries are shown below:
On Jan 1
Cash $500,000
To Bond Payable $500,000
(Being the issuance of the bond is recorded)
On Dec 31
Bond Payable $500,000
Loss on redemption $15,000 ($500,000 × 3%)
To Cash ($500,000 × 103%) $515,000
(Being the redemption of the bond is recorded and the remaining balance or we can say balancing figure is debited to loss on redemption)
A. A marketing company is seeking an applicant with a business degree and at least five years of professional experience. An intersection.
B. A family has made the decision to buy a Honda or Toyota minivan. a union.
<h3><u>What exactly is a marketing firm?</u></h3>
Effective marketing strategies are developed and put into action with the aid of marketing agencies. This frequently starts with marketing research to determine what aspects of the current marketing strategy are working and which ones are not, then moves on to demographic research to develop an accurate picture of the ideal client.
A marketing company can help you create and implement a plan for specific marketing campaigns, assess their effectiveness, and develop an overall marketing strategy once it has a clear understanding of who you are marketing to and what you have already tried to do to reach them.
Learn more about marketing with the help of the given link:
brainly.com/question/14779288
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<span>The demand curve for corn depends on what market it is needing it. If corn is needed for food for humans or for animals and if the need is normal or in addition to a current or outstanding reason makes a difference.</span>
Answer:
to obtain 10,000 hours of light you would need:
option 1)
10 incandescent light bulbs costing $0.50 each = $5
this incandescent light bulbs will consume 60 x 10,000 = 60,000 watts or 60 kWh = 60 x $0.10 = $6 in electricity
total costs using incandescent light bulbs = $5 + $6 = $11
option 2)
1 fluorescent light bulb = $4
this fluorescent light bulb will consume 15 x 10,000 = 15,000 watts or 15 kWh = 15 x $0.10 = $1.50
total costs using fluorescent light bulbs = $4 + $1.50 = $5.50
Answer:
The correct answer is option (b) $5400
Explanation:
Solution
Calculation of the cost of direct material on May 1
Now,
The starting work In process inventory = Direct materials Cost + Direct labor Cost + Manufacturing overhead applied on W.I.P
13,500 = Direct materials cost + 4500 + 3600
Thus,
Direct material cost = 13500 - 4500-3600 = $5400
Note: Direct labor cost = 300 * 15 = $ 4500
The manufacturing overhead = 300 hour * $12 = $ 3600
So, only expenses associated to work in process will be considered, hence only direct labor and manufacturing overhead are used to work in process are considered.
