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3 years ago

When using straight line amortization on premium bonds:_______.

Business

1 answer:

Vsevolod [243]3 years ago

5 0

Answer: the same interest income is reported each year

Explanation:

The straight-line amortization method is a simple way to amortize a bond as an equal amount of interest are allocated over every accounting period.

When using straight line amortization on premium bonds, the same interest income is reported each year. Therefore, option A is the best answer.

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3 years ago

Kodera Technology is considering introducing a new product, which will require buying new equipment for a monthly payment of $5,

valina [46]

Answer:

417 units

Explanation:

The formula to compute the break-even point in units is shown below:

= (Fixed expenses ) ÷ (Contribution margin per unit)

where,

Contribution margin per unit = Selling price per unit - Variable expense per unit

So, the break-even point in units is

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3 years ago

When a contractor seeking external projects prepares to submit a proposal, it is really conducting a small project with the prim

irina [24]

Answer: True

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True gives the answer to the question.

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3 years ago

Read 2 more answers

Adirondack Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead ra

Eddi Din [679]

The factory overhead allocated per unit of Product A in the Painting Department is $ .

Given,

Overhead Total direct DLH per product

Labour Hours A B

Painting dept. $241000 10500 8 11

Finishing dept. $69700 10500 5 6

Totals $311400 21000 13 17

Single overhead rate per hour = total overheads/ total labor hours

Now, substituting the values in the formula

Single overhead rate per hour = 311400/21000

= $14.83 per labor hour

Now, direct labor hours for product A for the Painting department = 16 hours

Overhead rate per unit of product A in the painting department = 16 hours × $14.83 per hour

Overhead rate = $237.28 per unit

Thus, Adirondak Marketing Inc. would allocate $237.28 to the painting department for 1 unit of Product A.

Learn more about factory overhead:

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2 years ago

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levacccp [35]

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