Answer:
B: borrower who has the ability to easily repay a loan
Answer:
You should submit a bid price of $40.63
Explanation:
bid price = NPV of the project/total units of production
= $5160415/127000
= $40.63 per carton
Therefore, You should submit a bid price of $40.63
A measure such as direct labor-hours or machine hours used to assign overhead costs to products and services is called a cost driver or an allocation base.
An entity allocates its overhead costs on the basis of an allocation base. An allocation basis is a measurement, such as the amount of square footage occupied, kilowatt hours consumed, or machine hours used.
Cost accounting assigns overhead expenses using an allocation base. An allocation base can be a quantity, such as the amount of machine hours used, kWh spent, or occupied square footage.
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Answer:
D) deduction from the balance per bank statement
Explanation:
A bank reconciliation statement is a document that matches the cash balance on a company’s balance sheet to the corresponding amount on its bank statement. Reconciling the two accounts helps determine if accounting changes are needed. Bank reconciliations are completed at regular intervals to ensure that the company’s cash records are correct. They also help detect fraud and any cash manipulations.
Answer:
debit interest expense of $16,634 , debit note payable $24,126 : Credit cash $40,760
Explanation:
Please attachment.