Answer:
Correct option is D.
<u> $200,500
</u>
Explanation:
Manufacturing overhead = [($651,000/217,000) × $25,000] + [($417,000/834,000) × $29,000] = $89,500
Total cost associated with Job. No. 432 = $57,000 + $54,000 + $89,500 = $200,500
Answer:
1805
Explanation:
Number of units sold in September = 160 units
Using the first - In, First out inventory method : assumes that the oldest (first) inventory items have been sold first.
Inventory items will first be sold from April, the May and so on :
Unit price in April = $11 ; Number of items = 115
($11 * 115) = $1265
(160 - 115) = 45 units
This 45 units will be sold at unit price for May :
(45 * $12) = $540
Cost of goods sold in September :
$1265 + $540 = $1805
Answer:
$1,381.64
Explanation:
For this question, we determine the Future value. By applying the future value formula that is shown on the spreadsheet. Kindly find it below:
Data provided
Future value = $0
Rate of interest = 14% ÷ 2 = 7%
NPER = 5 years ××2 = 10 years
PMT = $100
The formula is shown below:
= -FV(Rate;NPER;PMT;PV;type)
So, after solving this, the future value is $1,381.64