The present value of the second option, $6,200 per month for three years, along with a $33,500 signing bonus today, is $251,212.67.
To calculate the present value of the cash flow streams, we need to discount each cash flow back to its present value using the interest rate of 5 percent compounded monthly. For the first option, we have a monthly cash flow of $7,500 for three years, which translates to 36 cash flows. Using the present value of an ordinary annuity formula, we can calculate the present value to be $257,385.30.
For the second option, we have a monthly cash flow of $6,200 for three years, which also translates to 36 cash flows. In addition, we have a signing bonus of $33,500 today. We calculate the present value of the cash flows and the signing bonus separately using the present value of an ordinary annuity formula and the present value of a lump sum formula, respectively. Adding these two present values, we get a total present value of $251,212.67.
In summary, the present value of the first option is $257,385.30, while the present value of the second option is $251,212.67. Therefore, if we consider only the present value of the cash flow streams, the first option is more advantageous.
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who is elon musk......
Answer:
Elon Musk FRS an entrepreneur and business magnate. He is the founder, CEO, and Chief Engineer at SpaceX; early stage investor, CEO, and Product Architect of Tesla, Inc.; founder of The Boring Company; and co-founder of Neuralink and OpenAI. A centibillionaire, Musk is one of the richest people in the world.
what is the result of decreasing the saturation of a colour to
zero?
Decreasing the saturation of a color to zero results in a grayscale or black-and-white representation of the color.
Saturation refers to the intensity or purity of a color. When the saturation of a color is decreased to zero, the color becomes desaturated, losing its vividness and becoming grayscale. In grayscale, all colors are reduced to shades of gray ranging from white to black, with no color hue remaining.
This means that the resulting image or representation will have no color variation and will only consist of different shades of gray. This effect is commonly used in black-and-white photography or to create a monochromatic visual style.
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Grainger Company produces only one product and sells that product for $90 per unit. Cost information for the product is as follows:
Direct Material $14 per Unit
Direct Labor $24 per Unit
Variable Overhead $6 per Unit
Fixed Overhead $33,500
Selling expenses are $5 per unit and are all variable. Administrative expenses of $25,000 are all fixed. Grainger produced 5,000 units; sold 4,000; and had no beginning inventory.
A. Compute net income under
i. Absorption Costing $
ii. Variable Costing $
B. Which costing method provide higher net income? By how much?
The _ method provided more net income by $_
A. The net income under absorption costing is $184,000 and the net income under variable costing is $139,000.
B. The costing method that provides higher net income is absorption costing. It provides more net income by $45,000
The net income under absorption costing can be calculated by subtracting the total cost of goods sold (COGS) from the total sales revenue. Absorption costing includes both fixed and variable manufacturing costs in the calculation of COGS.
To calculate the total cost of goods sold under absorption costing, we need to consider the following costs:
- Direct material cost: $14 per unit
- Direct labor cost: $24 per unit
- Variable overhead cost: $6 per unit
- Fixed overhead cost: $33,500
Total manufacturing cost per unit can be calculated as:
Direct material cost + Direct labor cost + Variable overhead cost
= $14 + $24 + $6 = $44 per unit
Total manufacturing cost for 5,000 units produced:
Total manufacturing cost per unit * Number of units produced
= $44 * 5,000 = $220,000
Total cost of goods sold for 4,000 units sold:
Total manufacturing cost for 5,000 units produced * (Units sold / Units produced)
= $220,000 * (4,000 / 5,000) = $176,000
Net income under absorption costing:
Total sales revenue - Total cost of goods sold
= ($90 * 4,000) - $176,000 = $360,000 - $176,000 = $184,000
Now, let's calculate the net income under variable costing. Variable costing only includes variable manufacturing costs in the calculation of COGS.
Total variable manufacturing cost per unit:
Direct material cost + Direct labor cost + Variable overhead cost
= $14 + $24 + $6 = $44 per unit
Total variable manufacturing cost for 5,000 units produced:
Total variable manufacturing cost per unit * Number of units produced
= $44 * 5,000 = $220,000
Total cost of goods sold for 4,000 units sold:
Total variable manufacturing cost for 5,000 units produced * (Units sold / Units produced)
= $220,000 * (4,000 / 5,000) = $176,000
Net income under variable costing:
Total sales revenue - Total variable manufacturing cost - Selling expenses - Administrative expenses
= ($90 * 4,000) - $176,000 - ($5 * 4,000) - $25,000
= $360,000 - $176,000 - $20,000 - $25,000
= $139,000
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If, in the aggregate, consumers spend 75 cents of every extra dollar received, then the MPS is 0.75. APC is 0.75. APC is 1.25. O MPC is 0.75.
Based on the information provided, we can determine the values for Marginal Propensity to Save (MPS), Marginal Propensity to Consume (MPC), and Average Propensity to Consume (APC).
1. If consumers spend 75 cents of every extra dollar received, this means they save the remaining portion. Since a dollar has 100 cents, the MPS can be calculated as follows:
MPS = 1 - 0.75 (portion spent)
MPS = 0.25
2. Marginal Propensity to Consume (MPC) is the portion spent, which is given as 75 cents of every extra dollar. Therefore, MPC is:
MPC = 0.75
3. To determine the APC, we need more information about the total income and consumption levels. The values given in the question (1.25 and 0.75) are not enough to determine the correct APC. However, we can conclude the following from the information given:
MPS = 0.25
MPC = 0.75
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PLEASE HELP WILL MARK BRAINLIEST
Answer:
the answer is true
Explanation:
If I wanted to buy one of 2 items, a bike or a new TV, and after
consideration of my need to get exercise and fresh air, I chose to buy
the bike. Then, my opportunity cost would be the TV.
True
O False
Suppose we borrow $400,000 for a new home being paid over 30 years in equal monthly installments at a rate of 3.24% APR compounded monthly. After 15 years (half the life of the loan), will we owe more or less than $200,000 (half the original loan amount)? O more O less O we will owe exactly $200,000
We will owe less than $200,000 (half the original loan amount) after 15 years. Hence, the correct option is "less".
Suppose we borrow $400,000 for a new home being paid over 30 years in equal monthly installments at a rate of 3.24% APR compounded monthly.
We are supposed to find if we owe more or less than $200,000 (half the original loan amount) after 15 years. Let us now find the monthly payment on this loan by using PMT function of MS Excel.
PMT(rate,nper,pv)
where -rate (interest rate per month) = APR/12 = 3.24%/12 -nper (total number of payments) = 30 x 12 = 360 -pv (present value) = $400,000PMT(3.24%/12, 30*12, $400,000)=$1,741.01
We will make 15 x 12 = 180 payments of $1,741.01 each, hence the total payment made would be:
$1,741.01 x 180 = $313,781.80
The future value of remaining payments after 15 years will be the amount that we owe at the end of 15 years. Let us now calculate the amount that we owe at the end of 15 years using FV function of MS Excel.
FV(rate,nper,pmt,[pv],[type]) where -rate (interest rate per month) = APR/12 = 3.24%/12 -nper (total number of payments) = (30-15) x 12 = 180 -pmt (periodic payment) = $1,741.01 -pv (present value) = 0 -type (when payments are due) = 0FV(3.24%/12, 180, -1741.01, 0, 0) = $232,167.90
Therefore, we will owe less than $200,000 (half the original loan amount) after 15 years.
Hence, the correct option is "less".
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on september 1, year 1, west company borrowed $30,000 from valley bank. west agreed to pay interest annually at the rate of 5% per year. the note issued by west carried an 18-month term. west company has a calendar year-end. what is the amount of interest expense that will be reported on west's income statement for year 1?
West Company will report $500 as interest expense on its income statement for Year 1.
Since West Company agreed to pay interest annually, and the note was issued on September 1, Year 1, interest will be accrued only for four months in Year 1 (September to December).
The interest expense for the four-month period can be calculated using the formula:
Interest expense = Principal x Rate x Time
where Principal is the amount borrowed, Rate is the annual interest rate, and Time is the fraction of the year for which interest is being calculated.
In this case, Principal is $30,000, Rate is 5%, and Time is 4/12 (four months out of a 12-month year).
Therefore, the interest expense for Year 1 can be calculated as:
Interest expense = $30,000 x 5% x 4/12 = $500
So, West Company will report $500 as interest expense on its income statement for Year 1.
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A. Market aggressively when demand exceeds capacity.
B. Raise prices when capacity exceeds demand.
C. Offer products with complementary demand patterns (e.g., jet skis and snowmobiles).
D. Hire only temporary part-time employees.
Answer:
C. Offer products with complementary demand patterns (e.g., jet skis and snowmobiles).
Explanation:
THIS IS THE COMPLETE QUESTION BELOW;
Which of the following strategies helps to smooth utilization of facility, equipment, and personnel? A. Market aggressively when demand exceeds capacity. B. Hire only temporary part-time employees. C. Offer products with complementary demand patterns (e.g., jet skis and snowmobiles). D. Raise prices when capacity exceeds demand.
smooth utilization of facility, equipment, and personnel is very essential in every organization inorder to achieve organizational goals efficiently.one of the best to achieve this is Offering of products with complementary demand, which are the demands that comes along with goods/service due to the demand for goods that are related to it.
It should be noted that Offering of products with complementary demand patterns (e.g., jet skis and snowmobiles). is one of the strategies that helps to smooth utilization of facility, equipment, and personnel.
Which of the following statements about investing is
TRUE?
A.On average, putting money in a savings account
earns a higher return than
investing money in the
stock market.
B.Investing is riskier than putting money in a savings
accounts.
C.Investing is best for short-term financial goals.
D.Investing is a guaranteed way to make money.
Answer:
B.Investing is riskier than putting money in a savings
accounts.
Explanation:
Savings refers to putting money aside for future consumption. Most firms and individuals save in savings accounts because they are safe and secure. Saving is considered risk-free, meaning the money saved is highly-unlikely to be lost.
Investing is engaging in commercial activities to make profits and grow wealth. Money put into an investment project is active, unlike the funds in a savings account. Investing has higher returns than savings but is also riskier. Money saved earns little interest on will remain the same but money invested can generate high profits or suffer losses.
If the market value of property is $284,500 and the assessment ratio is 35%, what are the monthly taxes if the tax rate is 30 mills?
With a property market value of $284,500 and an assessment ratio of 35%, the monthly taxes would amount to approximately $248.94, assuming a tax rate of 30 mills.
To calculate the monthly taxes, we need to find the assessed value of the property first. The assessed value is calculated by multiplying the market value by the assessment ratio. Assessed value = Market value * Assessment ratio
Assessed value = $284,500 * 0.35 = $99,575
Next, we need to calculate the annual taxes by multiplying the assessed value by the tax rate.Annual taxes = Assessed value * Tax rate
Annual taxes = $99,575 * (30 mills / 1000) = $2,987.25
Finally, we can calculate the monthly taxes by dividing the annual taxes by 12.Monthly taxes = Annual taxes / 12
Monthly taxes = $2,987.25 / 12 = $248.94 (rounded to the nearest cent)
Therefore, the monthly taxes for the property would be approximately $248.94.
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seedbed preparation
activities
1.cleared the area
An example of a trade off is:
a.going to a movie to see your favorite actor
b.going to a movie because it got good reviews
c.giving up going to a movie because it got bad reviews
d.giving up going to a move to spend time shopping
giving up going to move to spend time shopping..
caspian sea drinks is considering the production of a diet drink. the expansion of the plant and the purchase of the equipment necessary to produce the diet drink will cost $25.00 million. the plant and equipment will be depreciated over 10 years to a book value of $2.00 million, and sold for that amount in year 10. net working capital will increase by $1.28 million at the beginning of the project and will be recovered at the end. the new diet drink will produce revenues of $9.08 million per year and cost $2.45 million per year over the 10-year life of the project. marketing estimates 17.00% of the buyers of the diet drink will be people who will switch from the regular drink. the marginal tax rate is 27.00%. the wacc is 12.00%. find the irr (internal rate of return).
The Internal Rate of Return (IRR) that makes the NPV equal to zero, for the diet drink project needs to be calculated based on cash flows and the WACC. This measure will determine the project's profitability.
To find the Internal Rate of Return (IRR) for the project, we need to calculate the cash flows for each year and then determine the discount rate that makes the net present value (NPV) of these cash flows equal to zero.
Let's calculate the cash flows:
Initial Investment:
Expansion and equipment cost: -$25.00 millionIncrease in net working capital: -$1.28 millionAnnual Cash Flows:
Year 0: -$26.28 million (Initial investment)Years 1-10:Revenue: $9.08 millionCost: $2.45 millionTax: (Revenue - Cost) × Tax rateCash Flow: (Revenue - Cost - Tax)Year 10:
Sale of equipment: $2.00 million
Now, we can calculate the IRR using a financial calculator or spreadsheet software. The IRR is the discount rate that sets the NPV of the cash flows to zero. We will use an estimated rate to find the approximate IRR.
Let's assume a discount rate of 12% as the first estimation:
Year 0: -$26.28 million / (1 + 0.12)^0 = -$26.28 millionYears 1-10: Cash Flow / (1 + 0.12)^nYear 10: $2.00 million / (1 + 0.12)^10Calculating the present value (PV) of the cash flows:
\(PV = Sum of (\)\(Cash Flow /\) \((1 + 0.12)^n)\)
for n = 1 to 10 + Year 10 Cash Flow
Using the estimated discount rate of 12%, the present value (PV) of the cash flows is:
\(PV = -26.28 million + [(9.08 million - 2.45 million - (0.17 \times (9.08 million - 2.45 million) \times 0.27)) / (1 + 0.12)] + [(9.08 million - 2.45 million - (0.17 \times (9.08 million - 2.45 million) \times 0.27)) / (1 + 0.12)^2] + ... + [(9.08 million - 2.45 million - (0.17 \times (9.08 million - 2.45 million) \times 0.27)) / (1 + 0.12)^{10}] + 2.00 million / (1 + 0.12)^{10}\)
Now, we can adjust the discount rate until the NPV is approximately zero. By trying different discount rates, we can find the one that makes the NPV closest to zero.
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buy now pay later catalogs for people with bad credit
According to credit facilities providers, the buy now pays later catalogs for people with bad credit include Ashro, Boscovs, Country Door, Fingerhut, etc.
What is Buy now Pays later?Buy now Pays later is another name for credit facilities. It is an agreement between borrowers and lenders to get goods or services now in exchange for a commitment to pay at an agreed later time.
There are various Buy now Pays later providers. Some of them include:
FlexshopperBradford ExchangeLeasevilleHSN, etc.Hence, in this case, it is concluded that various Buy now Pays later providers are out there.
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Suppose the supply curve for cucumbers is perfectly inelastic.
The government applies a specific tax of 20¢ per pound on
consumers. Illustrate the effect of the tax in a figure (labeling
everything).
As the supply curve for cucumbers is perfectly inelastic, it means that the quantity supplied remains the same regardless of changes in price. Therefore, the imposition of a specific tax of 20¢ per pound on consumers will not affect the quantity supplied, but it will shift the demand curve downward by the amount of the tax.
In the figure, the original demand curve (D0) intersects the supply curve (S) at the equilibrium point (E0), determining the original price (P0) and quantity (Q0). When the tax is imposed, the demand curve shifts downward by 20¢ to represent the new demand curve (D1). The new equilibrium point (E1) is determined where the new demand curve intersects the supply curve, resulting in a higher price for consumers (P1) and a lower price received by producers (P0 - 20¢). The quantity sold (Q1) remains the same as before.
The tax revenue collected by the government can be calculated by multiplying the tax rate (20¢) by the quantity sold (Q1). The burden of the tax is shared between consumers (in the form of higher prices) and producers (receiving lower prices). The figure helps visualize the impact of the tax on the market for cucumbers, showing the changes in price, quantity, and tax incidence.
The imposition of a specific tax on consumers in a perfectly inelastic supply market leads to an increase in the price paid by consumers and a decrease in the price received by producers. The quantity sold remains the same, and the tax incidence is shared between consumers and producers.
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according to the video, current and former big box co. employees complain about unfair treatment of employees at the company. this suggests that the company’s ________ needs to improve.
The company's treatment of employees needs to improve.
Employees at the current and former big box co. have expressed complaints about unfair treatment within the company. This suggests that the company's treatment of its employees is in need of improvement. The grievances raised by these individuals indicate a lack of equitable policies, inadequate support systems, and potential instances of mistreatment or discrimination.
One of the key factors contributing to the perception of unfair treatment could be the company's policies regarding wages and benefits. If employees feel that they are not being adequately compensated for their work or that there is a significant disparity between their efforts and the rewards they receive, it can foster dissatisfaction and a sense of inequity. This can further erode employee morale and engagement, ultimately impacting productivity and overall company performance.
Additionally, unfair treatment may manifest in the form of a hostile work environment, where employees experience bullying, harassment, or discrimination. Such behavior can lead to a toxic workplace culture, where employees feel undervalued, disrespected, and unsupported. Consequently, this can result in high turnover rates, difficulty in attracting new talent, and a tarnished reputation for the company.
To address these issues, the company needs to take a comprehensive approach. This includes reassessing its policies and practices related to employee compensation, benefits, and career development opportunities. Transparent and equitable systems should be implemented to ensure fair treatment across all levels of the organization. Additionally, fostering a culture of respect, diversity, and inclusion through awareness programs, training sessions, and strict enforcement of anti-discrimination policies can help create a positive work environment where employees feel valued and supported.
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Which of these results in a price decrease?
A. A decrease in both supply and demand
B. An increase in both supply and demand
C. An increase in supply only
Answer:
A.
Explanation:
A says decrease
B and C says Increade
To calculate the number of montly payments required to pay off a loan or meet an investment goal, use the _______ function.
To calculate the number of monthly payments required to pay off a loan or meet an investment goal, use the nper function.
In finance, lending is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and usually has to pay interest on that debt until that debt is also repaid. to repay the principal borrowed.
The promissory note will typically state, among other things, the principal amount of the loan, the interest rate charged by the lender, and the date of repayment. A loan involves reallocation of assets in question over a period of time, between the lender and the borrower.
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Which of the following is not a disadvantage to cash advances on a credit card? a. cash advances are similar to loans in that they need to be paid back with interest. b. cash advances require a lot of paperwork and are generally difficult to get. c. cash advances are often the last thing to be paid when paying off your credit card. d. cash advances often come with an interest rate much higher than your credit card. please select the best answer from the choices provided. a b c d
It is not a disadvantage that a. cash advances are similar to loans in that they need to be paid back with interest.
What is cash advance on a credit card?A cash advance on credit card is can be described as a short-term cash loan secured by the credit line on your credit card.
In addition, cash advances, like loans, must be repaid with interest, which is not a disadvantage.
Most credit card including charge card providers will give their customers a cash advance if they ask for one, and this is going to be their credit limit.
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Which depreciation method generally results in the lowest net income for the first year a plant asset is utilized?.
The double declining-balance is a depreciation method generally results in the lowest net income for the first year a plant asset is utilized.
What is double declining balance (DDB) method all about?The double declining balance method can e explained as type of declining balance method that uses double the normal depreciation rate.
Some of the Depreciation rates used are;
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Choose the correct answer from the alternatives given below
1.1.1
The state aims to bring about a more equal distribution of income by using...
A. Proportional personal income tax
В. Progressive personal income tax
C. Regressive personal income tax
Answer: proportional personal income tax
Explanation: because it gives everyone the same about of tax no matter the income
You manufacture covers for barbeque grills at a cost of $5 each and make a profit of $2 per cover.
The barbeque grill covers are sold to consumers by a national outdoor furniture retailer for $18,
and you know the selling price includes a markup of $9 each. What is true about this situation?
You sold the covers through a distributor is true about this situation of manufacture.
Production is the making of goods by way of hand or via a device that upon finishing touch the enterprise sells to a consumer. items used in manufacturing can be uncooked materials or component components of a bigger product. the production typically happens on a huge-scale production line of equipment and professional labor.
A producer is a person or organization that produces completed items from uncooked substances by way of using diverse gear, devices, and processes, after which sells the goods to consumers, wholesalers, distributors, retailers, or different producers for the manufacturing of greater complex goods.
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your client has made all of the following transfers. which of these transfers will be excluded from the client's total gifts in the year made? paid a hospital $11,000 for medical services rendered to a friend paid a family member $15,000 so she could go to school made a donation to the democratic party made a contribution to the shriner's hospital, which provides free medical care to children a) ii and iv b) i and iii c) i and ii d) iii and iv
Donations and contributions made for charity is not included as gifts. Therefore they will be exempted from gifts made during the year
Option D( III and IV) are correct.
What does the term "charitable contribution" mean?Donations to non-profit organizations are referred to as charitable contributions. Donations can be in the form of cash, non-cash goods, services, or volunteer time. According to IRS regulations, the contribution may be tax deductible.
What are examples of charity?Because it warms someone's heart, giving unwanted toys to the less fortunate, smiling at someone on the street, opening doors for others, or visiting a sick relative are all forms of charity.
Which three kinds of charities are there?Qualified charities fall into three categories: private operating foundations, private foundations, and public charities
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what is meant by a marginal distribution? what is meant by a conditional distribution?A. A marginal distribution is the effect of either row variable or the column variable in the contingency table. B. A marginal distribution is a frequency or relative frequency distribution of either the row or column variable in a contingency table. C. A marginal distribution is the relative distribution of both row or column variables in the contingency table. D. A marginal distribution is the relative frequency of each category
A marginal distribution is a frequency or relative frequency distribution of either the row or column variable in a contingency table.
A marginal distribution shows the overall frequency or relative frequency of a particular variable, regardless of its relationship to other variables in the table. It is the sum of frequencies or relative frequencies of all categories in the row or column variable.
A conditional distribution is the relative distribution of both row or column variables in the contingency table, given the value of another variable. It shows the relationship between two variables in a contingency table and provides information on how the distribution of one variable changes when another variable is held constant. In other words, it is the frequency or relative frequency distribution of a variable within the categories of another variable. It can be calculated by dividing the frequency or relative frequency of each category in the contingency table by the total frequency or relative frequency of the corresponding category of the other variable.
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How to Get rid of my Modules without getting caught by my Mom
Answer:
for me going away from home or background of home
Jeb is trying to market a new type of chewing gum. His new gum, popsalot, is a low involvement purchase. Which type of channel coverage should he employ?.
Jeb should employ an intensive type of channel coverage.
The distribution coverage figures in figure 24 represent the proportion of stores that carry a given brand. The record offers the statistics for each emblem presently available on the market. The number of shops in every distribution channel is furnished as nicely.
The market insurance method is the technique of analyzing the market and locating how a good deal of the full marketplace your advertising and marketing marketing campaign ought to cover for a specific product/carrier.
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What kind of account would you need to open if you wanted to buy investments like stocks, bonds, and mutual funds?.
Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 2 were $100,000, $125,000, and $150,000, respectively. The records further indicate that direct materials, direct labor, and applied factory overhead for Department 3 were $50,000, $60,000, and $70,000, respectively. In addition, work in process at the beginning of the period for Department 3 totaled $75,000, and work in process at the end of the period totaled $60,000. The journal entry to record the flow of costs into Department 3 during the period for direct materials is:_________.
A. Work in Process--Department 3 100,000
Materials 100,000
B. Work in Process--Department 3 125,000
Materials 125,000
C. Work in Process--Department 3 50,000
Materials 50,000
D. Work in Process--Department 3 70,000
Materials 70,000
Answer:
C.
Work In Process $50,000 (debit)
Raw Materials $50,000 (credit)
Explanation:
Department Costs
Dep 2 : $100,000 + $125,000 + $150,000 = $375,000
Dep 3 : $375,000 + $50,000 + $60,000 + $70,000 + $75,000 - $60,000 = $570,000
Direct Materials Flow Entry :
Work In Process $50,000 (debit)
Raw Materials $50,000 (credit)
Flows in department 3 must include, $375,000 costs from department 2, direct materials : $50,000 , direct labor: $60,000, and applied factory overhead; $70,000 for Department 3.
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Answer:
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