Answer:
You should call the place your phone is connected at like metro pcs,at&t,cricket,sprint and report the number
Explanation:They will know what to do
Answer: 12.67%
Explanation:
The effective interest rate on a borrowing is the net annual interest cost divided by the net available proceeds from the borrowing. Dichter gross annual interest cost is $240,000 ($2,000,000 x 12%). Dichter is required to maintain a compensating balance of $400,000, which is $200,000 more than their normal balance of $200,000. Therefore, Dichter earns incremental annual interest revenue of $12,000 ($200,000 x 6%) on the excess compensating balance. The net annual interest cost is $228,000 ($240,000 - $12,000). The net available proceeds from the borrowing is $1,800,000 ($2,000,000 loan less $200,000 excess compensating balance). Therefore, the effective annual interest rate is 12.67%
Answer:
$70,000
Explanation:
The amount of direct material purchased during the year will be arrived at by working back from the amount of Direct Materials used within the year, then we <u>less</u> opening stock of Direct Material because obviously that was not purchased within the year but was carried over from previous period; and finally we add closing stock of Direct Material because that was left over from what was bought during the current period.
Direct materials used............................... $72,000
Beginning Direct materials inventory... ($9,000)
Ending Direct materials inventory..........<u> $7,000 </u>
Direct material purchased ........................<u>$70,000</u>
Answer:
(a) $921,100
(b) $643,500
(c) $567,700
Explanation:
(a) Cost of goods sold:
= Sales - Gross profit
= $1,261,800 - $340,700
= $921,100
(b) Direct Material Cost:
= Materials purchased - Indirect materials - Materials inventory
= $643,500 - $46,700 - $46,700
= $643,500
(c) Direct labor cost:
= Total manufacturing costs for the period - Direct materials - factory overhead (Indirect labor + Indirect materials + Other factory overhead)
= $1,393,000 - $643,500 - $181,800
= $567,700
