Answer:
Option (c) is correct.
Explanation:
Given that,
Labor costs = $175,000
Production order = $150,000
General factory use = $25,000
Factory overhead applied to production = $23,000
Therefore, the journal entry is as follows:
Work in process A/c Dr. $23,000
To Factory overhead $23,000
(To record the factory overhead applied to production)
Answer:
7.38%
Explanation:
Calculation to determine what would be AJC's new WACC and total value
Using this formula
WACC and total value=(Equity)(Required rate of return on equity)+(Debt)(1-Tax rate)(Required rate of return on debt)
Let plug in the formula
WACC and total value=(0.6)(0.095)+(0.4)(1-0.4)(0.07)
WACC and total value=0.057+0.0168
WACC and total value=0.0738*100
WACC and total value=7.38%
Therefore would be AJC's new WACC and total value is 7.38%
Answer:
C. $19,500 if this amount is not material, Big Homes expects to continue the practice of offering rebates in future years, and Big Homes expects to pay the accrued rebates before filing their tax return for this year.
Explanation:
They are viewed in the tax law as a reduction to the purchase price of the item. Thus, this decreases the income from the houses.
Is important to consider that this must be part of the commercial activity from Big Homes and in subsequent years this rebates will continue to occur.
Thus, if Big Homes Corporation pay the accrued rebate it confirms the discoutn and thus, the deduction.
50*12 =600 put 600$ a year
600(1.08)^6 the power represents 6 years and 1.08 represents the percentage. (its gain so remember to add the 1 with 0.08.)
You earn $952.12 .
The difference between last year's and this year's sales in percentage 325000-250000=75000/250000*100
=30%
By sales, what do you mean?
Any exchange of money for tangible or intangible products, services, or assets between two or more persons is referred to as a sale. Other assets may in some situations be given to a seller.
Why are sales crucial?
Sales are crucial in creating consumer loyalty and trust with businesses. Customers choose to promote your business to friends and family and to post positive reviews of your goods and services online mostly because they have faith in you and value your loyalty.
To know more about sales
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