Answer: Chart of Accounts
Explanation:
Once account numbers have been enabled, the numbers be assigned and edited in the chart of accounts.
To assign the account numbers, one needs to go to the accounting menu and then the chart of accounts will be selected. After that, one will select batch edit which can be seen in the action menu and add the account numbers after which one will then save. In order to see the account numbers,one can then go to chart of accounts
Answer:
Increase in income= $19,200
Explanation:
Giving the following information:
Clyde Corporation's variable expenses are 40% of sales. Clyde Corporation is contemplating an advertising campaign that will cost $27,000.
Increase in income= increase in sales - increase in variable cost - marketing campaign
Increase in income= 77,000 - (77,000*0.40) - 27,000= $19,200
Answer:
d. $44,161
Explanation:
The computation is shown below:
The present value of the periodic interest to be paid on the bonds is
= Face amount × interest rate × present value of an annuity at 6% for 10 years
= $100,000 × 6% × 7.36009
= $44,161
Refer to the present value of an annuity table
On a semiannual basis, the interest rate is half and the time period doubles =. The same is applied in the above calculation.
Answer:
Unit product cost is equal to $66
Explanation:
It is given that direct material cost = $14
Direct labor cost = $44
Variable manufacturing overhead = $8
We have to find the unit product cost
Unit product cost is the sum of material cost labor cost and manufactoring overhead
Therefore unit product cost = $14+$8+$44= $66
So unit product cost is equal to $66
