Answer:
This question has two requirements answer of each requiremnt is given below.
Dispose of the overhead variance by adjusting Cost of Goods Sold. Adjusted COGS $____
Applied Overhead = 532,000 * 80% =$ 425,600
This show that overhead are over apllied, so
Adjusted COGS = $1,890,000 - (425,600 -423,600)
                             = $ 1,888,000
Calculate the overhead variance for the year. $____
Overhead variance = Applied Overhead - Actual Overhead
                                 = 425,600 -423,600
                                 = $ 2000 (Favorable variance)
 
        
             
        
        
        
It's C for sure because according to the question cause theirs an opening in any wall
        
             
        
        
        
Answer:
-5.14 for sam
-18.01% for dave
Explanation:
We first calculate for Sam
R = 7.3%
We have 2% increase
= 9.3%
We calculate for present value of coupon and present value at maturity using the formula for present value in the attachment
To get C
1000 x 0.073/2
= 36.5
time= 3 years x 2 times payment = 6
Ytm = rate = 9.3%/2 = 0.0465
Putting values into the formula
36.5[1-(1+0.0465)^-6/0.0465]
= 36.5(1-0.7613/0.0465)
36.5(0.2385/0.0465)
= 36.5 x 5.129
Present value of coupon = 187.20
We solve for maturity
M = 1000
T = 6 months
R = 0.0465
1000/(1+0.0465)⁶
= 1000/1.3135
Present value = 761.32
We add up the value of present value at maturity and that at coupon
761.32 + 187.20
= $948.52
Change in % = 948.52/1000 - 1
= -0.05148
= -5.14 for sam
We calculate for Dave
He has 20 years and payment is two times yearly
= 20x2 = 40
36.5 [1-(1+0.0465)^-40/0.0465]
Present value = 36.5 x 18.014
= 657.511
At maturity,
Present value = 1000/(1+0.0465)⁴⁰
= 1000/6.1598
= 162.34
We add up these present values
= 657.511+162.34 = $819.851
Change = 819.851/1000 -1
= -0.1801
= -18.01%
 
        
             
        
        
        
Answer:
1) deferred tax asset = 4000
2) deffered tax Liability  = 4000
Explanation:
1) Journalizing entry at 12/31/2017
deferred tax asset = tax ( per income tax) - tax ( per book tax )
                               = 32000 - 28000 = 4000
  J<u>ournal Entry made for Income tax and deferred tax asset)
</u>
        Account                          	Debit	Credit
Income Tax Expense                28000  
Deffered Tax Asset                4000  
 Income Tax Payable                                    
32000
2) Journalizing entry at 12/31/2018
 Deffered tax Liability = Tax (per book)  - Tax ( Income tax  )
deffered tax Liability = 32000 - 28000  = 4000
     <u>Journal Entry made for Income tax and deffered tax liability</u>
          
Account                        Debit	Credit
Income Tax Expense              32000  
To Deffered Tax Liability                    4000
To Income Tax Payable                                    28000
 
 
        
             
        
        
        
The journal entry to issue $600 of direct materials and $30 of indirect materials to production involves debit(s) to the B. work-in-process inventory account for $600 and manufacturing overhead account for $30.
Work-in-process inventory refers to a company's goods that are waiting to be finished and completed. While these goods wait to be finished, they are waiting their overall value they are given as well. Manufacturing overhead refers to the items that are used for manufacturing. Everyting that has to take place and be paid for manufacturing to take place.