Answer:
The Net Sales that will reported on the Income Statement from these transactions is $1,000.
Explanation:
The term "2/10, n/30" implies that the customer will enjoy a 2% discount if it pays within 10 days but must pay the total amount within 30 days.
However, customer paid on May 20 which is outside the 2% discount period. This implies the customer did not enjoy the 2% discount. That is, the customer paid the full amount of $1,000. Therefore, the net sales is $1,000 from these transactions.
Therefore, the Net Sales that will reported on the Income Statement from these transactions is $1,000.
Answer:
Job M-47 cost assinged $710
Explanation:
the cost is the sum of the three main component
materials
direct labor
manufacturing overhead (MO)
we will calculate each of this for the Job M-47 add them together to get total cost
Job M-47
material 260
15 labor hours
Direct Labor 15 labour hours x 12 labor rate = 180
MO 15 labour hours x 18 overhead rate = 270
Total Cost materials + labor + manufacturing overhead = 710
Answer:
a) $347,760
b) $197,760
c) $199
Explanation:
a)
The Loan is paid by 240 (20 x 12 ) equal installments. These Installments include the principal and interest payment portion. Total payment to be made including interest and principal will be as follow:
Total amount = Installment amount x Numbers of installment = $1,449 x 240 = $347,760
b)
Amount Paid over the principal amount is the cost of interest on the loan
Cost of Interest = $347,760 - $150,000 = $197,760
c)
First payment of $1,449 includes the interest and principal amount. We will separate both as follow
Interest portion = $150,000 x 10% x 1/12 = $1,250
Principal Portion = $1,449 - $1,250 = $199
$199 is applied to principal.
Answer:
(a) <em>z</em> = 0.53
(b) <em>z</em> -0.67
(c) <em>z</em> = -0.84
(d) <em>z</em> = 0.26
Explanation:
A standard normal distribution has mean 0 and standard deviation 1.
(a)
Compute the value of <em>z</em> for P (<em>Z</em> < <em>z</em>) = 0.70 as follows:
Consider the<em> </em>standard normal table for the value of <em>z.</em>
The value of <em>z</em> is 0.53.
(b)
Compute the value of <em>z</em> for P (<em>Z</em> < <em>z</em>) = 0.25 as follows:
Consider the<em> </em>standard normal table for the value of <em>z.</em>
The value of <em>z</em> is -0.67.
(c)
Compute the value of <em>z</em> for P (<em>Z</em> > <em>z</em>) = 0.20 as follows:
P (Z > z) = 0.20
1 - P (Z < z) = 0.20
P (Z < z) = 0.80
Consider the<em> </em>standard normal table for the value of <em>z.</em>
The value of <em>z</em> is -0.84.
(d)
Compute the value of <em>z</em> for P (<em>Z</em> > <em>z</em>) = 0.60 as follows:
P (Z > z) = 0.60
1 - P (Z < z) = 0.60
P (Z < z) = 0.40
Consider the<em> </em>standard normal table for the value of <em>z.</em>
The value of <em>z</em> is 0.26.
When you talk about priority value help to achieve goals you are technically speaking about computers and printers, especifically printer tools. For example if you modify the priority then the printer will have a highest priority and will <span>reduce time for a print job to complete and will raise the priority over other tasks</span>