Answer:
The journal entry is as follows:
Work in process A/c Dr. $158,700
Manufacturing overhead A/c Dr. $2,250
To Raw material inventory $160,950
(To record the issuance of materials)
Workings:
- Work in process is debited with direct material:
= 88,700 + 27,600 + 3,650 + 38,750
= $158,700
- Manufacturing overhead debited with indirect material cost = $2,250
Answer:
C. They fail to incorporate cash flows beyond the first year of the analysis.
Answer:
transaction costs is your answer
Explanation:
The annual interest rate is 10 %.
Annual percent fee refers to the yearly interest generated with the aid of a sum it's charged to borrowers or paid to buyers. APR is expressed as a percentage that represents the real yearly price of price range over the time period of a mortgage or profits earned on investment If a man or woman borrows hundred rupees at one rupee interest, for instance, he needs to pay one rupee hobby in keeping with month. So in twelve months, he has to pay ten rupees.
Here,
let the annual interest rate is r
new amount = $ 200
for the compound interest formula
new amount = initial amount * (1 + r)^time
200 = 100 * (1 + r)^7
solving for r = 0.104 = 10.4 %
the annual interest rate is 10 %.
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