Answer:
4.00%%
a
Explanation:
F = P( 1 + r) ^n
15573.16 = 12800 * (1 +r) ^5
1.217 = (
1 + r =
r = * 100 = 4.00%
F = p(1+ r) ^ n
P =
P = 1
Therefore the correct option is a
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Answer:
d. Revenue recognition
Explanation:
The principle of revenue recognition occurs when the revenue is recognized or earned whether cash is obtained or not and it also meets the accounting accrual basis. Realizable here implies that the customer receives the product but the payment was made afterward.
Since the given scenario reflects the violation of the revenue recognition principle.
Answer:
Ccredibility from being associated with the investor.
Contacts for potential customers or employees.
Contacts with investment bankers, accountants, lawyers and other professionals.
Marketplace knowledge and strategies used in similar companiess.
Explanation:
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Answer:
overapplied by $19,100
Explanation:
The calculation of manufacturing overhead for the year is shown below:-
Manufacturing overhead cost applied = Actual direct labor hours × Predetermined overhead rate
= 20,200 × $8
= $161,600
Manufacturing overhead for the year = Actual overhead - Applied overhead
= $142,500 - $161,600
= $19,100 overapplied
So, for determining the manufacturing overhead for the year we simply applied the above formula.