50,000×5=250,000
250,000÷4=625,000
250,000-625.000=375.00
Sum=375.00
Answer:
The correct answer is A)
Explanation:
There is no good or service that is unlimited.
The concept of the Barter system was simply a method of exchanging value for value.
- It was phased away due to several reasons:
- It was not a good store of value as many of the goods were perishable
- it didn't make for good administration: It was too cumbersome and problematic. Imagine having to store three trailers of eggs awaiting a barter exchange
Cheers!
Answer:
C) $300 U
Explanation:
Gipple Corporation
Material Quantity Variance = (Actual Quantity Used * Standard Unit Cost )-
( Standard Quantity Used * Standard Unit Cost )
Material Quantity Variance =(AQ* SP) -(SQ*SP)
Material Quantity Variance = (24,870* 6)- ( 7.3* 3400 *6)
Material Quantity Variance = (24,870* 6)- (24,820* 6)
Material Quantity Variance = 149220 - 148920
Material Quantity Variance = $300 Unfavorable
As actual quantity is greater than standard quantity it is unfavorable.
Answer:
$16,700
Explanation:
The computation of the ending balance in the allowance for doubtful account is shown below:
= Unadjusted credit balance + Net credit sales × estimated bad debt percentage
= $4,100 + $210,000 × 6%
= $4,100 + $12,600
= $16,700
We simply added the unadjsuted credit balance and estimated amount after considered the estimated bad debt percentage
Answer:
D = 7980.55
Explanation:
Since the borrower pays in 6 months wich is half a year, we calculate the semi-annual rate = 
= 
= 0.0035 = 0.35%
The effective semi-annual rate is, [(0.0035)⁶- 1] = 0.02118461
+
= 238000
+
= 238000
0.631744D = 238000 * 0.02118461
0.631744D = 5041.937
Therefore D = 7980.55