Answer:
the resources consumed in production
Explanation: answer for ed2020
Answer:
(b) 1440
Explanation:
As the coupon rate of 8% is greater than the yield to maturity (YTM) of 6% annually, the bond is selling at a premium. Hence, the bond will be called at the earliest i.e. 15 years.
Coupon = Call Price * Semi-annual coupon rate = X * [0.08 / 2] = X * 0.04
Yield to call = 6% annually = 3% semi-annually
Time = 15 years * 2 = 30
We know that,
Current Price of bond = Coupon * [1 - (1 + YTC)-call date] / YTC + Call Price / (1 + YTC)call date
- 1,722.25 = [X * 0.04] * [1 - (1 + 0.03)-30] / 0.03 + [X / (1 + 0.03)30]
- 1,722.25 = [X * 0.04] * 19.60 + [X * 0.41]
- 1,722.25 = X * [(0.04 * 19.60) + 0.41]
- X = 1,722.25 / 1.194
-
X=$ 1,442.42 \approx $ 1,440
Answer:
Explanation:
WORK IN PROCESS INVENTORY
May 1 balance 3770 May 31 Finished Goods 9234
31-May Material 11470
31-May labour 13870
31-May Overheads 9431.6
may 31 Balance 29307.6
JOB COST SHEET
Job no. Beg. WIP Material Labour Overheads Total
430 1340 3850 3400 2312 10902
431 0 4680 8170 5555.6 18405.6
TOTAL 1340 8530 11570 7867.6 29307.6
Note: Total cost of Job 429 transferred to Finished goods:
Beginning cost 2430
Add: Material 2940
Add: Labour 2300
Add: Overheads (2300*68%) 1564
Total cost of Job 429 9234
Answer:
Doubtful
Explanation:
The company will record the uncollectible $5,670 of its accounts receivable as a debit to uncollectible accounts expense and a credit to the DOUBTFUL account.
This is evident in the fact that the bad debt allowance method has three main principles which are:
1. Calculate uncollectible receivables
2. Debit bad debt expense and credit allowance for doubtful accounts in the journal entry
3. Debit allowance for doubtful accounts and credit the corresponding receivables account when it is time to write off the account.
Answer:
The correct answer is:
o A benefit of goals is that they help motivate employees.
o One of the drawbacks of plans is that they can create a false sense of security.
Explanation:
As a manager, working with employees to set goals is a great activity to motivate employees. But setting goals with employees has a disadvantage that they may create a false sense of security they may feel that everything is just taken for granted and is therefore considered as a disadvantage. Plans can be flexible to the changing environment.
