Answer:
interest expense = $150
Explanation:
the journal entry to record accrued interest:
December 31, 2018, accrued interest from note payable
Dr Interest expense 150
Cr Interest payable 150
interest expense = principal x interest rate x time = $5,000 x 6% x 6/12 = $150
Answer:
The correct answer is c. utility.
Explanation:
The correct answer is c. utility. Beulah wants to make a choice that is profitable as well as not compromising on her leisure time, she wants to make a choice to maximize her UTILITY. Utility means to be profitable and or useful. There is no budget constraint or opportunity cost that she should be concerned about.
Answer:
Bond's price is $948.96
Explanation:
Price of the bond is the present value of all cash flows of the bond. Price of the bond is calculated by following formula:
According to given data
Coupon payment = $1,000 x 5.02% = $50.2
Current Yield = 5.29%
Price of the Bond = Coupon Payment / Current Yield
Price of the Bond = $50.2 / 5.29%
Price of the Bond = $50.2 / 0.0529
Price of the Bond = $948.9
Factory overhead costs for the Iowa City, Iowa, facility include: a. Plant manager's pay; b. Maintenance materials;
b. Factory overhead costs Process engineers' salaries
Payroll for the Packaging Department of the paper manufacturing facility in Bear River City, Utah.
Actual labor costs
b. Direct material costs for scents and fragrances used in soaps and detergents
Wages of production line workers at the soap and detergent factory in Pineville, Louisiana Direct labor cost
Depreciation on the manufacturing line at the Pennsylvania paper products factory in Mehoopany Factory overhead costs
Materials for packaging Direct material costs
i. Body wash resins Direct materials cost j. Auburn, Maine manufacturing plant depreciation Factory overhead costs
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