Answer:
The journal entry on maturity is as follows:
Dr bonds payable $240,000
Cr cash $240,000
Being redemption of bonds
Explanation:
At the end of the life of the bond,the bond premium or discount would have been fully amortized,hence the only entry left to be made is to debit bonds payable account with face value of the bond and a credit of the same amount to cash account to record the outflow of cash.
The face value of the bond is $240,000,hence the $240,000 is debited to bonds payable in order to finally cancel the debt obligation.
A or C i think :) tel me if im wrong
Answer:
$21,450
Explanation:
In March,
Total direct labor hours required:
= Production budget × Direct labor hour required per unit
= 2,000 × 0.5
= 1,000 hours
Total direct labor cost = Total direct labor hours required × Direct labor hour per rate
= 1,000 hours × $13
= $13,000
In April,
Total direct labor hours required:
= Production budget × Direct labor hour required per unit
= 1,300 × 0.5
= 650 hours
Total direct labor cost = Total direct labor hours required × Direct labor hour per rate
= 650 hours × $13
= $8,450
Combined direct labor cost = $13,000 + $8,450
= $21,450
WebMax Icn. has a product orientation toward the marketplace.
<h3>
What is product orientation?</h3>
- When a company creates items based on what it is good at rather than what a customer wants.
- The Gillette Company focuses on producing the best disposable razors at the most affordable price.
- As a result, they distinguish their products through high-quality razor blades, ease of use, and an appropriate pricing approach.
<h3>Reason -</h3>
- In the given situation Webmax has developed the product according to themselves and they have also lower their marketing budget due to this.
- As the definition of product orientation says that company creates items based on what it is good at rather than what a customer wants.
Therefore, WebMax Icn. has a product orientation toward the marketplace.
Know more about a product here:
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