Answer:
c. interest expense of $107,361 and depreciation expense of $89,468.
Explanation:
The computation is shown below
The interest expense on lease is
= 8% of $1,342,016
= $ 107,361
ANd, the depreciation expense is
= (present value of lease payments at the closing of 10 years) - (salvage value) ÷ life of the asset
= ($1,342,016 - $0) ÷ 15 years
= $89,468
Hence, the option c is correct
Answer:
$935.61
Explanation:
Firstly, we need to calculate weighted average inventory cost at every time anchors (purchase - in or sell - out)
At time t = 1, 64 units @ 5 per unit.
At time t = 2, 64 + 110 = 174 units @ (64 x 5 + 110 x 5)/(64 + 110) = 5 per unit.
At time t = 3, 174 - 90 = 84 units @ 5 per unit.
At time t = 4, 84 + 55 = 139 units @ (84 x 5 + 55 x 6)/(84 + 55) = 5.40 per unit.
At time t = 5, 139 - 90 = 49 units @ 5.40 per unit.
Cost of goods sold for the year = 90 x 5 + 90 x 5.40 = $935.61
The available options are:
A)fewer; rose
B)fewer; fell
C)more; rose
D)more; fell
Answer:
1. Fewer
2. Fell
Explanation:
Considering the scenario which led to losses, it can be concluded that Following the bursting of the housing bubble in 2005, KB Homes sold FEWER new homes and its stock price FELL dramatically. The result was total losses of $2.4 billion between 2007 and 2010.
Answer:
Coaching.
Explanation:
Coaching is demonstrated as the method of training in which a more experienced or proficient person provides suggestions and guidance to an individual(employee) with an aim to build and develop his/her skills, competence, performance, and career. <u>The managers are required to be efficient coaches as it helps them in promoting better engagement in the team and enhancing productivity as well as customer support of the organization</u>. It helps the managers to develop the skills in employees and boost their self-confidence which makes them able to overcome challenges effectively, improve their performance, and reach desired goals.
Answer:
$52,285
Explanation:
The computation of the total manufacturing cost assigned to Job P is shown below:-
Total manufacturing cost = Direct material + Direct labor + Manufacturing overhead applied
= $13,000 + $21,000 + (2,300 × $7.95)
= $13,000 + $21,000 + $18,285
= $52,285
Therefore for computing the total manufacturing cost assigned to Job P we simply applied the above formula.
