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leva [86]
3 years ago
15

Wilson Industries holds 100 Farley Enterprises bonds. The bonds pay $4,000 interest each July and January and will mature on Jan

uary 1, 2021. The bonds are classified as available-for-sale and Wilson sells them on November 1, 2020. If the bond discount amortization for the 6-month period was $950, how should Wilson determine the November 1 discount amortization for the bonds
Business
1 answer:
rosijanka [135]3 years ago
3 0

Answer:

All of the electrons that enter the transport chain come from NADH and FADH 2start subscript, 2, end subscript molecules produced during earlier stages of cellular respiration: glycolysis, pyruvate oxidation, and the citric acid cycle.

Explanation:

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Prepare Job-Order Cost Sheets, Predetermined Overhead Rate, Ending Balance of WIP, Finished Goods, and COGS At the beginning of
vova2212 [387]

Answer and Explanation:

1. The computation of overhead rate based on direct labor cost is shown below:-

Overhead rate = Overhead applied × 100 ÷ Direct labor cost

= 888 × 100 ÷ 1,200

= 74%

2. The Preparation of job-order cost sheet for the four jobs is shown below:

Particulars                Job 86        Job 87        Job 88        Job 89

Beginning balance $6,888       $6,820

Direct materials       $3,000      $7,000         $2,100          $1,500

Direct labor              $800          $6,000        $900            $500

Applied overhead  

is 74% of direct labor $592           $4,440       $666            $370

Total                          $11,280       $24,260      $3,666      $2,370

3. The computation of ending balances of Work in Process and Finished Goods is shown below:-

Work in process of Job 88 = $3,666

Finished goods = Total of Job 86 + Total of Job 89

= $11,280 + $2,370

= $13,650

4. The computation of the Cost of Goods Sold for March is shown below:-

Cost of goods sold is

= Job 87

= $24,260

7 0
3 years ago
The complete portfolio refers to the investment in _________.
____ [38]

Answer:

In finance speak, a portfolio refers to a collection of investments or financial assets held by an individual, investment company, financial institution or hedge fund. This grouping of financial assets can include everything from gold and property to stocks, bonds and cash equivalents.

Explanation:

Hope this helps :)

4 0
2 years ago
Net Purchases + Purchases Returns and Allowances + Purchase Discounts equals:
allochka39001 [22]

Answer:

OB. Gross Purchases.

Explanation:

Gross purchases represent all the purchases a business made in a particular period. It includes returns outwards ( purchases returns),  discounts and allowances received.

Net purchases are calculated by subtracting purchase returns, discounts received, and allowances from gross purchases.

Therefore, Net Purchases + Purchases Returns and Allowances + Purchase Discounts= gross purchases.

4 0
3 years ago
What fact or facts support a situation where trade is advantageous?
DedPeter [7]

What fact or facts support a situation where trade is advantageous?

B. II only

8 0
3 years ago
How a company can achieve lower production costs and increase productivity
Softa [21]

Answer:

by improving quality of its products or services are as follows: ... So this budget can be reduced due to improving quality of goods.

Explanation:

Production involves all activities that consist of the output of goods and services demanded by people for which they pay the cost.

A company can achieve lower production costs and increase productivity by improving quality of its products or services so that budget can be reduced by correcting any quality issue in the product or service which can be expensive, but less than external failures

Also, production equipment efficiency can be increased if preventive maintenance can be followed as it helps to reduce operating costs per unit.

 

5 0
3 years ago
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