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slamgirl [31]
2 years ago
10

On May 31, the Cash account of Teasel had a normal balance of $5,900. During May, the account was debited for a total of $13,100

and credited for a total of $12,400. What was the balance in the Cash account at the beginning of May?
Business
1 answer:
KengaRu [80]2 years ago
5 0
5555555 explanation for what you wanna get you know how
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Swanson Company has identified the following activities related to indirect production costs: Activity Activity Costs Cost Drive
julia-pushkina [17]

Answer:

Unitary cost= $11.75

Explanation:

<u>First, we need to calculate the predetermined overhead rate for each activity:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Machine Setup= 180,000/1,500= $120 per set up hour

Materials Handling= 50,000/12,500= $4 per pound

Electric Power= 20,000/20,000= $1 per kilowatt hour

Product 1:

Number of units produced 4,000

Direct Material Cost $20,000

Direct Labor Cost $12,000

Number of setup hours 100

Pounds of materials used 500

Kilowatt-hours 1,000

<u>Now, we can determine the total cost for Product 1:</u>

Total cost= 20,000 + 12,000 + (120*100 + 4*500 + 1*1,000)

Total cost= $47,000

<u>Finally, the unitary cost:</u>

Unitary cost= 47,000/4,000

Unitary cost= $11.75

4 0
2 years ago
Which of the following is NOT a principle of ORM? A ) Make risk decisions at the right level. B ) Anticipate and manage risk by
snow_lady [41]

Answer:

The correct answer to the following question is option D) Eliminate risk through application of ORM( which stands for operational risk management ).

Explanation:

Operational risk management can be defined as the continuous cyclical process which consists of risk decision, implementation of risk controls, risk assessment and risk decision making, which would help in mitigation, avoidance and acceptance of risk.

The four principle included in this are -

1) Accepting risk only when the benefits out weights the cost.

2) Anticipating and managing risk by proper planning.

3) Making right decisions at right time and at right level.

4) Anticipate no unnecessary risk.

8 0
2 years ago
A trader wishes to unwind a position of 200,000 units in an asset over eight days. The dollar bid–offer spread,as a function of
suter [353]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

3 0
2 years ago
A corporate bond with a face value of $1,000 matures in 4 years and has a coupon rate of 6.25 percent. The current price of the
postnew [5]

Answer:

8.28%

Explanation:

We use the Rate formula shown in the spreadsheet for this question

The NPER specifies the time period.  

Given that,  

Present value = $932

Future value or Face value = $1,000  

PMT = 1,000 × 6.25% ÷ 2 = $31.25

NPER = 4 years × 2 = 8 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this,  

the yield to maturity is 8.28%

6 0
2 years ago
Based on the abbreviations, translate the following ads into fully spelled-out sentences. The final sentence should state how ma
Nookie1986 [14]
For sale by owner, 3 bedroom home, family room, fireplace, den , large master bedroom
5 0
2 years ago
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