Answer:
Dr Interest expense $33,500
Cr Discount on bonds payable $1,100
Cr Cash $32,400
Explanation:
Discount on bonds payable=$540,000-$529,000=$11,000
Amortization of discount=discount on bonds issue/period of the bond
period to maturity of the bond is 5 years *2 =10 since the bond pays interest semi-annually
Amortization =$11,000/10=$1,100
Semi-annual interest=$540,000*12%/2=$32,400
the bond semi-annual interest expense=discount amortization+interest payment
the bond semi-annual interest expense=$32,400+$1,100=$33,500
Answer:
The fixed costs per unit when 20,000 units are produced are $6.05 per unit.
Explanation:
Fixed costs per unit can be determined by using the following formula:
Fixed costs per unit = Total fixed costs/ number of units are produced
In a company, Total fixed costs do not depend on the level of activity (Fixed costs do not change).
In the company, Total fixed cost = $11 x 11,000 = $121,000
When 20,000 units are produced, Fixed costs per unit = $121,000/20,000 = $6.05 per unit.
Answer:
total expected bonus = $1262800
Explanation:
given data
bonus = $23,000
Probability = 12 percent
bonus = $10,000
Probability = 25 percent
bonus = $6,000
Probability = 8 percent
total sales = 220
solution
first we get probability for bonus amount = $0
probability = 1 - ( 12% + 25% + 8 % )
probability = 0.55
so here Expected bonus per employee company will pay is
Expected bonus = $23000 × (0.12) + $10000 × (0.25) + $6000 × (0.08) + $0 (0.55)
Expected bonus = $5740
so total expected bonus is
total expected bonus = $5740 × 220
total expected bonus = $1262800
At the completion of a long project, aileen gives her assistant a day off with pay to acknowledge all of his hard work. This is an example of reward power.
<h3>What is
reward?</h3>
The reward system is a collection of brain structures that are responsible for incentive salience, associative learning, and positively-valenced emotions, particularly those that have pleasure as a key component.
When it comes to benefits and incentives, rewarding employees is one of the most effective strategies to increase retention and employee happiness. According to Think Smart research, firms that use incentive programs achieve their goals with a 79 percent success rate when the right reward is presented.
78 percent of employees said recognition stimulates them in their job, while a combined 68 percent of respondents in REBA's The Rewards Report 2016 indicated recognition with a reward helped them feel valued or motivated at work.
To know more about reward follow the link:
brainly.com/question/26050680
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