Answer:
Particulars Amount
Raw material used $18,600
Add: Direct labor $26,600
<u>Overhead costs</u>
Factory supplies $3,100
Plant depreciation $6,800
Indirect labor $8,600
Utilities ($10,600*80%) <u>$8,480</u>
Total overhead cost <u>$26,980</u>
Total manufacturing costs <u>$72,180</u>
Answer:
April 2
Inventory 4,600 debit
Account Payable 4,600 credit
April 3
freight-in 300 debit
cash 300 credit
April 4
account payable 600debit
Inventory 600credit
April 17
Account Payable 4,000debit (4,600 - 600)
Discount 80debit (4000 * 2%)
Cash 3,820credit
April 18
Inventory 8,500 debit
Account Payable 8,500 credit
April 21
Account Payable 1,100debit
Allowance Inventory 1,100
April 28
Account Payable 7400debit (8,500 - 1,100)
Discount 148debit (7400 * 2%)
Cash 7252credit
Answer:
$57.69 per share
Explanation:
The computation of the stock price per share immediately after issuing the debt but prior to the repurchase is shown below
Price per share = Value of equity ÷ number of Shares
where,
Value of equity is
= Value of operations + T-bills value - Debt value
= $576,923 + $259,615 - $259,615
= $576,923
And, the number of shares is 10,000 shares
So, the price per share is
= $576,923 ÷ 10,000 shares
= $57.69 per share
We simply applied the above formula
Answer:
$5, 200 bushels of wheat
Explanation:
From the diagram the price support was at $6 per bushel, however if the government removes the price support or if there was no price support, then the price of the wheat will be $5 for a bushel. And in order to maintain the price support, from the diagram below, it is expected that the government would have to purchase 200 bushels of wheat.
Answer:
lets say the Sugar
Explanation:
Sugar is a consumable good as u can use to make tea, it also can be used in the production of many industrial goods eg beverage, brewery, etc
