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2 years ago

A.

Business

1 answer:

sergij07 [2.7K]2 years ago

8 0

Answer:

take good notes and ask good questions

Explanation:

why because taking good notes help you go through back again, ask good questions keeps it in ur mind....

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Tolino Company signed a 5-year note payable on January 1, 2019, of $200,000. The note requires annual principal payments each De

konstantin123 [22]

The following journal entry will be passed in the books of accounts and the interest expense is calculated to an amount of $9600

Explanation:

Given data:

amount of note: $200000, annual principal payments to be made each year at December 31st = $40000, interest amount to be charged = 6 percent, duration of note = 5 years

the following calculation is made in order to find out the amount of interest:

Amount of note minus principal payment multiply with rate of interest

now, putting the figures in formula:

interest = 200000 minus 40000 = $160000 multiply with .06 = $9600

Thus, the interest amount = $9600

The interest expense will be debited with an amount of $9600 in the books of accounts.

8 0

3 years ago

Each visor requires a total of $4.00 in direct materials that includes an adjustable closure that the company purchases from a s

olasank [31]

Answer:

A. $10.75

B. May $6,288.75

June $4,407.5

Explanation:

A . Calculation to Determine Shadee's budgeted manufacturing cost per visor.

Budgeted direct Material $4.00

Direct labor $3.6

(0.30*$12)

ariable manufacturing overhead is $1.25

Fixed overhead per unit is $1.90

Budgeted manufacturing cost per visor $10.75

Therefore Shadee's budgeted manufacturing cost per visor is $10.75

B. Computation for Shadee's budgeted cost of goods sold for May and June.

May June

Expected sales units 585 410

Minimum cost per unit $10.75 $10.75

Budgeted cost of goods sold for May and June

$6,288.75 $4,407.5

May (585*$10.75=$6,288.75)

June(410*$10.75=$4,407.5)

Therefore the budgeted cost of goods sold for May is $6,288.75 and June is $4,407.5.

3 0

3 years ago

You have $1,000,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 18 percent and Stock Y w

pogonyaev

Answer:

D. $375,000

Explanation:

Expected return of 13% for $1,000,000 will be $130,000

If we invest $375,000 in Stock X, our expected return based on 18% will be $ 67,500 and the remaining $625,000 will be invested in Stock X, therefore expected return based on 10% will be $ 62,500 and thereby giving the total return of $130,000 which is 13% of $1,000,000 and hence $375,000 will be invested in Stock X

8 0

3 years ago

A business buyer purchases toner, paper, and staples from a seller of office supplies. What form does the seller need to use to

solniwko [45]

I'm pretty sure it is b because invoice is a record that keeps track of orders and cost

7 0

3 years ago

Jamar used to work as an office manager, earning $40,000 per year. He gave up that job to start a life-coaching business. In cal

Drupady [299]

Answer:

B. Opportunity Cost

Explanation:

Opportunity cost is the alternative forgone or sacrifice made in other to satisfy another want. it refers to the wants that are left unsatisfied in other to satisfy another want.

In the case of Jumar, the money he earned as an office manager ($40,000) could be referred to as the opportunity cost when he started his life coaching business.

4 0

3 years ago