Answer:
A. Reasonably weak-form and semistrong-form efficient.
Answer:
The interest accrued is $2,500.
Explanation:
The income accrued will arise after the date of purchase (May 1) of the bonds to the ending date of the accounting period (December 31). This duration is equal to 8 months.`
For the first four months (May 1 to September 1) the income accrued will be the income received semiannually for these four month:
Income Accrued = $60,000 * 6/12 * 5% = $1,500 Because the payment that will be received will be $1000 which belongs to 6 months starting from March 1 and ending at September 1.
And for the remainder 4 months (September 1 to December 31)
Income Accrued = $60,000 * 4/12 * 5% = $1,000
So the total income accrued for the year will be $2,500
Answer:
Ending WIP= $13,500
Explanation:
<u>First, we need to calculate the factory overhead:</u>
Factory overhead= 25,000*0.75= $18,750
<u>Now, the ending WIP inventory:</u>
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
68,250 = 11,000 + 27,000 + 25,000 + 18,750 - Ending WIP
Ending WIP= $13,500
I believe it s3 but not quite sure
I think the answer is $0.50, I’m sorry if it’s wrong
