A tax on a good a. lowers the price that buyers pay and lowers the price that sellers receive. b. lowers the price that buyers p
1 answer:
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Answer:
The pension expense for 2021 = $543,500
Explanation:
Service cost = $523,000
Amortization of prior service cost = $113,000
Settlement rate = 11%
Projected benefit obligation = $1,450,000
Accumulated benefit obligation = $3,600,000
Note: The necessary calculations are in the table attached as a file to this solution.
Answer:
D : $88,800
Explanation:
<u>Cost of goods manufactured :</u>
Direct Material used in production $ 21,300
Indirect Material used in production $ 3,700
Direct Labour $ 34,100
Direct Labour $ 5,900
Manufacturing overhead <u> $ 16,600 </u>
Total Manufacturing cost $ 75100
Add:Beginning Work in process inventory $7,200
Less: Ending Work in process inventory <u>$ 0 </u>
Cost of Goods Manufactured <u>$88,800</u>
