Answer:
A.
Notes Payable 200,000
Interest Payable 7,000
Cash 207,000
Explanation:
The Journal entry is shown below:-
Notes payable Dr, $200,000
Interest payable Dr, $7,000
To Cash $207,000
(Being pay off the note and interest at maturity is recorded)
Therefore for recording the pay off the note and interest at maturity we simply debited the notes payable and interest payable as it decreases the liability and we credited the cash as it also decreasing the assets.
The answer <span>must be equal to 20 utils. :)</span>
Answer:
Explanation:
The calculation is shown in the picture attached
P-value > 0.05 it is concluded that the null hypothesis is not reject.
There is not enough evidence to claim that the more than 10% of all plates blister under such circumstances.
Answer:
200 Unfavorable
Explanation:
Calculation to determine what The direct materials usage variance for last month was:
Material usage variance =( Direct materials pounds - Direct materials units) * Actual quantity purchased
Let plug in the formula
Material usage variance= (2 pounds *900) -2,000 pounds
Material usage variance= 1,800 - 2,000
Material usage variance=200 Unfavorable
Therefore The direct materials usage variance for last month was 200 Unfavorable
