Answer:
A. A bond which has a price of $850, a Yield to Maturity of 4%, and a Current Yield of 3.75%
Explanation:
Since George is focussed on achieving a high total return for his portfolio, he will consider adding a bond whose yield to maturity (YTM) is the highest. Among these options, option A would be ideal since it has a 4% YTM; he would probably not consider if the price of $850 is high or not . This is the annual interest rate paid on the bond investment.
The main thing Vinnie did wrong was have multiple credit cards, and it say sin the question 'had fun with them' he probably did not monitor how much money he was spending.
Answer:
Dr Factory overhead $73,000
Cr Factory wages payable $73,000
Being cost of indirect labor for the month
Explanation:
The factory overhead cost account needs be debited because the cost is an indirect cost of production, this is also due to the fact that the transaction is an increase in expense as increase in expense account is automatically a debit entry.
The corresponding entry was credited to factory wages payable as the amount is owed to factory workers,as a result it remains in payable account until it is eventually settled in cash which would mean the cash account is credited and the factory wages payable account is debited.
Answer:
<u>The answer is 10.5 minutes</u>
Explanation:
The normal time for this process = (10*105%) =10.5 minutes
Answer:
transferred out (COGM) 131,000
Cost of goods sold: 129,000
Explanation:
DM used 46,500
Direct labor 27,500
Overhead <u> 55,000 </u>
Total: 129,000 cost added for the period
Then, we calcualte the amount transferred-out:
Beginning WIP 14,000
Cost added 129,000
Ending WIP (12,000)
Trasferred out: 131,000 (cost of goods manufactured)
And finally, the cost of goods sold for the year:
Beginning FG 16,000
Trasferred out 131,000
Ending FG (18,000)
COGS: 129,000
