Answer:
Amount of underapplied or overapplied overhead cost for the year
$97000 - Underapplied
Schedule of cost of goods manufactured for the year
Direct Material 3885000
Direct Labor 60000
Overheads 376000
Total Manufacturing Costs 4321000
Add Opening Inventory WIP 400000
Less Closing Inventory WIP (700000)
Cost of Goods Manufactured 4021000
Explanation:
Amount of underapplied or overapplied overhead cost for the year
Underapplied or Overapplied overhead cost =Actual Overhead - Applied Overhead
$473000-$376000= $ 97000
Schedule of cost of goods manufactured for the year
<em>Direct Materials Calculation </em>
Opening 200000
Add Purchases 4000000
Available 4200000
Less Closing Material 300000
Materials Consumed 3900000
Less Indirect Materials 15000
Direct Materials Consumed 3885000
<u>Answer:</u>
<u>- Yes,</u>
<u>- Bilateral, Implied contract which is enforceable.</u>
<u>Explanation</u>:
Note, both parties consented to a contract even though it was an informal setting. Remember, certain gestures were used by Ed to show contract acceptance, There's also valid consideration since the value of the exchange is known; which is a candy bar for $1.
Fran thus understands that Ed will pay for the candy later since he saw the sign, this also makes it a bilateral contract (between two parties only). The contract is also enforceable since it is legal to sell candies.
Operational control systems are made to make sure that daily operations follow predetermined plans and goals.
What is operational system?
Data warehousing (tabular form) uses the phrase "operational system" to describe a system that processes an organization's daily transactions. Automating corporate processes is the main goal of operational systems.
Operational control systems have established strategies and objectives and concentrate on daily operations. Management control systems are the ancestors of operational control systems. Operational control systems oversee daily operations as well as training initiatives, employee engagement, leadership, and communication.
As a result, operational control systems are designed to ensure that day-to-day actions are consistent with established plans and objectives.
Learn more about on operational system, here:
brainly.com/question/6689423
#SPJ1
Answer:
$1,044.57
Explanation:
Price of the bond is the present value of all cash flows of the bond. These cash flows include the coupon payment and the maturity payment of the bond. We calculate the present value of both the coupon payment and the maturity payment.
According to given data
Face value of the bond is $1,000
Coupon payment = C = $1,000 x 8% = $80 annually = $40 semiannually
Number of periods = n = 15 years x 2 = 30 period
YTM = 7.5% annually = 3.75% semiannually
Price of the bond is calculated by following formula:
Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]
Price of the Bond = $40 x [ ( 1 - ( 1 + 3.75% )^-30 ) / 3.75% ] + [ $1,000 / ( 1 + 3.75% )^30 ]
Price of the Bond = $713.17 + $331.40 = $1,044.57
Answer: 90 feet
Explanation:
From the question, we are told that Property owners on one street have petitioned the city to install paved alleys behind their homes and that Marcus has a rectangular lot that measures 90 feet by 140 feet.
He would pay the special assessment based on 90 feet which is the width of the rectangular lot.
