Answer:
$2,344,356
Explanation:
Given the above information,
June production :
Planned sales + ending inventory - beginning inventory
= (27,000 + 70 - 490) units
= 26,580 units
Total direct labor hour required for production
= 26,580 units × 4.2
= 111,636 labor hour
Cost of production
= Total direct labor hour × rate per hour
= 111,636 × $21
= $2,344,356
Answer:
The cost of the equipment when it was acquired on January 1, 2011 is $10000
Explanation:
10000÷5=2000
2000*10=20000
20000 80%
X 100% X=25000
25000*20%= 5000 25000-20000=20000
2011 2000
2012 2000
2013 2000
2014 2000
2015 2000 10000
Rules for Admission to the Bar
The Rules for Admission to the Bar have been updated as of July 1, 2017. A complete listing of rules can be downloaded in PDF format. Or, browse Rules by section using the links below.
1. Purpose
2. Definitions and Due Date Provisions
3. State Board of Law Examiners
4. General Requirements for Admission
5. Standards for Admission
6. Admission by Examination
7. Admission Without Examination
8. Admission by Temporary License for Legal Services Programs
9. Admission by Temporary House Counsel License
10. Admission by House Counsel License
11. License for Foreign Legal Consultants
12. Fees
13. Immunity
14. Confidentiality and Release of Information
15. Adverse Determinations and Hearings
16. Conditional Admission
17. Appeal to the Supreme Court
18. Reapplication
19. Bar Admissions Advisory Council
Answer:
The correct answer is option (B).
Explanation:
According to the scenario, the given data are as follows:
For Jan.1,2020 value = $626,400
Interest rate = 7%
So, we can calculate the amount of bond interest expense by using following formula:
Interest Expense = Carrying Value × Market Interest Rate
By putting the value of following
Interest expense = $626,400 × 7%
= $626,400 × 0.07
= $43,838
Hence, the amount of bond interest expense to be recognized on December 31, 2020, is $43,838.