Answer:
$12 and $180
Explanation:
The computation of the predetermined overhead rate is shown below:
As we know that
The predetermined overhead rate is
= Estimated total indirect cost ÷ expected direct labor hours
= $96,000 ÷ 8,000
= $12
And, the indirect cost is
= Predetermined overhead rate × number of hours
= $12 × 15
= $180
We simply applied the above formula
A = Pe^(rt)
<span>A = 5e^(0.02)(8) = 5.87 billion </span>
The answer is $736.96
formula W=p(1+i/q) *(qy)
where p=360 , y=18 (years) , i-0.04 , q=4 (quarterly compounding)
W=360(1+.01)*72
=360*2.0471
Money is life. Money is healthcare and food. Money is shelter. Money is family outings and entertainment. And unfortunately, money seems to be power.
Bad Debts Expense is debited when an account is determined to be <u>uncollectible</u> under the direct write-off method of accounting for uncollectible accounts,
Bad Debts Expense refers to the portion of account receivables that a firm has assumes not be recoverable from the debtor.
In conclusion, the Bad Debts Expense is debited when an account is determined to be <u>uncollectible</u> under the direct write-off method of accounting for uncollectible accounts,
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