Answer:
Explanation:
A)
Dr Cash 3250000
Cr Revenue 325000 [500*6500]
Dr Warranty expense 20000
Cr Liabilities on warranties 20000
B)
Dr Cash 3250000
Cr Revenue 3189000
Cr Unearned warranty revenue 61000
Dr Warranty expense 20000
Cr Cash 20000
Dr Unearned warranty revenue 30500
Cr Warranty revenue 30500[20000/40000*61000]
Answer: A direct investment
Explanation:
A direct investment is one of the type of investment process that helps in providing the various types capital funding and purchasing the factories, machines and the organizational related tools or the equipment from the outside.
It is also known as the physical investment and it helps in exchange the various types equities without purchasing any type of company based stocks in the market.
According to the question, the Russian government basically welcome the given plan process and this is refers an example of the direct investment process. Therefore, Direct investment is the correct answer.
Answer:
Total overhead for O6 697,933
Explanation:
First, we solve for the activity rates:
![\left[\begin{array}{ccccc}$Activity&$Driver&$cost pool&$Total base&$Rate\\Processing&MHS&51000&16240&3.14\\Supervising&batches&31600&1230&25.69\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7D%24Activity%26%24Driver%26%24cost%20pool%26%24Total%20base%26%24Rate%5C%5CProcessing%26MHS%2651000%2616240%263.14%5C%5CSupervising%26batches%2631600%261230%2625.69%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Then, we apply this rate to the Product O6 base cost driver values
![\left[\begin{array}{ccccc}Activity&base&Allocate O6\\Processing&15600&48984\\Supervising&810&20,809\\Total&&69,7933\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7DActivity%26base%26Allocate%20O6%5C%5CProcessing%2615600%2648984%5C%5CSupervising%26810%2620%2C809%5C%5CTotal%26%2669%2C7933%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Answer:
$8,171.37
Explanation:
first we must find the value of their account before they start receiving the distributions, (i.e. how much money they need to have in 20 years):
present value = annual payments x annuity factor
- annual payments = $30,000
- annuity factor (PV, 4%, 10 periods) = 8.1109
present value = $30,000 x 8.1109 = $234,327
now we need to calcualte the annual contribution in order to have $234,327 in 20 years:
future value = annual payment x annuity factor
annual payment = future value / annuity factor
- future value = $234,327
- annuity factor (FV, 4%, 20 periods) = 29.778
annual payment = $234,327 / 29.778 = $8,171.37
Answer:
a. $15,000
Explanation:
common stock:
12/31 = $8,500 1/1 = $5,500
12/31 = $15,000
retained earnings:
6/30 = $3,500 12/31 = $15,000
11/30 = $5,000
Income Summary
12/31 = $18,500 12/31 = $33,500
12/31 = $15,000
income summary closing accounts:
Dr Revenue 33,500
Cr Income summary 33,500
Dr Income summary 18,500
Cr Expenses 18,500
Dr Retained earnings 15,000
Cr Income summary 15,000
net income = amount of income summary closed against retained earnings = $15,000
