Answer:
$12,000
Explanation:
Calculation to determine the amount of Wages Expense recorded on the next payday, Saturday, April 3
Using this formula
Wages Expense=Daily payroll *2 days
Let plug in the formula
Wages Expense=$6,000*2 days
Wages Expense=$12,000
Therefore the amount of Wages Expense recorded on the next payday, Saturday, April 3 is $12,000
Answer:
b. $23,350
Explanation:
The computation of final balance in fatal work-in-process inventory is presented with the help of spreadsheet as attached below:-
The formula is presented below:-
Amount of Over-allocated Overheads = Percentage of overhead applied × Over-allocated Overheads
Account Balance after = Account Balance before - Amount of Over-allocated Overheads
Therefore the correct answer is b. that is $23,350
Answer:
The maximum amount that the lender will be willing to provide to the borrower is $9,006.
Explanation:
Fixed payment for a specified period is know as the annuity. We will use the formula of present value of present value of annuity payment.
APV = C x [ ( 1 - ( 1 + i )^-n ) / i ]
C = Monthly payment = $800
Interest rate =i 8% = 0.08
n = number of years = 30 years
APV = $800 x [ ( 1 - ( 1 + 0.08 )^-30)/0.08 ]
APV = $800 x 11.2578
APV = $9,006
So, The maximum amount that the lender will be willing to provide to the borrower is $9,006.
Answer:
The major theorists considered to have prepared the ground for Humanistic Psychology are Otto Rank, Abraham Maslow, Carl Rogers and Rollo May. Maslow was heavily influenced by Kurt Goldstein during their years together at Brandeis University. Psychoanalytic writers also influenced humanistic psychology. i hope this helps
Explanation:
Based on the percentage of the receivables that go to the allowance account and the accounts receivable balance, the bad debt expense is $24,000.
<h3 /><h3>How can the bad debt expense be found?</h3>
This is found as:
= (Accounts receivable balance x Percentage of receivables ) + (Amount written off - Credit balance on allowance account)
Solving gives:
= (300,000 x 8%) + (25,000 - 21,000)
= 24,000 + 4,000
= $28,000
Find out more on bad debt expense at brainly.com/question/24246319.
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