Answer:
$19,300
Explanation:
Calculation to determine the amount of job costs added to Work in Process Inventory during October
Using this formula
October Job costs=Raw material+Direct labour+Overhead
Let plug in the formula
October Job costs=$2,200+$5,700+($5,700*2)
October Job costs=$2,200+$5,700+$11,400
October Job costs=$19,300
Therefore the amount of job costs added to Work in Process Inventory during October is $19,300
Answer:
Find the answer below in explanation
Explanation:
Gillock Climbing Academy Pension Expense for the year 2019 will be recorded as
Service cost ............................................. 600,000.00
Interest (600000 × 10%)................................60,000.00
plan assets (40000 from 2018 + 32000 interest + 400000 made in current year)............... 832000
Expected return Interest on plan asset (832000*8%) ........................................ 66,560.00
Pension Expense for the year ended December 31, 2019 = 600000 - (66,560.00 - 60000)
= 600,000−6,560
= $593,440.00
Answer:
Complementary
Explanation:
The complementary resource is a term that describes a type of resources contributed by each partner to a business or investment. In other words, it is the resources each partner brings to the partnership that, when merged together, provide for new resources or capabilities that neither firm could readily create alone.
Hence, the right answer is COMPLEMENTARY RESOURCES
Answer:
I will take $36,230.5 to pay for the education of child.
Explanation:
Cash Invested in the saving account will earn a return of 8% each year and this amount could be withdrawn by the me to pay for the education of child.
We will use following formula to calculate the annual payments
P = r ( PV ) / [ 1 - ( 1+ r )^-n ]
where
PV = amount of investment = $120,000
r = rate of return = 8%
n = number of period = 4 years
P = 8% ( 120,000 ) / [ 1 - ( 1 + 0.08 )^-4 ]
P = 36,230.5
