Answer: D) Daily Compounding
Explanation:To earn as much interest as possible, Anthony should open a savings account that earns compound interest and has the highest interest rate.
Daily compounding is compounded every day, hence Anthony will get the best rate of return on his interest with this.
Answer:
A production function
Explanation:
A production function shows the relationship between the physical quantity output and the input of a good produced. It is the technical relationship between the physical output and physical input of a good. The production function is expressed as a mathematical function that relates inputs in numbers and their effect on output numbers.
Answer:
direct material charge = $8500
Explanation:
given data
April 1 balance = $24000
April 30 Direct materials = 80000
April 30 Direct labor = 60000
April 30 Factory overhead = 54000
April 30 finished goods = 200000
so balance is = finished goods - ( balance + Direct materials + Direct labor + Factory overhead )
put here value
balance = 200000 - ( 24000 + 80000 + 60000 + 54000 )
balance = 18000
so here balance above $18000 is total manufacture cost of job no 100
so direct material charge for job no 100 is
direct material charge = manufacturing cost - applied cost - direct labour cost
direct material charge = 18000 - 4500 - 5000
direct material charge = $8500
Answer:
Explanation:
A. The journal entries are shown below:
On September 12
Investment A/c - Bengals Inc A/c Dr $598,220 (42,730 × $14)
To Cash A/c $598,220
(Being the acquired investment including brokerage commission is recorded)
On December 31
Unrealized gain or loss on available-for-sale securities A/c Dr $85,460
To Valuation allowance for available-for-sale securities $85,460
(Being decline in share value is recorded)
The computation is shown below:
= 42,730 shares × ($14 per share - $12 per share)
= 42,730 shares × $2 per share
= $85,460
B. The unrealized gain or loss for available-for-sale investments is shown in the Stockholder equity section on the balance sheet. It is to be shown in the negative item in the equity section.
,Answer:
Explanation:
a. Stockholders' equity December 31, 2017
Assets = Equity + Liabilities
529,000 = Equity + 127,000
Equity = 529,000 - 127,000
= $402,000
b. Stockholders' equity in 2018:
Assets = Equity + Liabilities
(529,000 + 101,000) = Equity + (127,000 + 30,000)
630,000 = Equity + 157,000
Equity = 630,000 - 157,000
= $473,000
