piano company's costs were over budget by $60,919. piano company is divided into two regions. the first region's costs were over budget by $30,219. determine the amount that the second region's cost was over or under budget.

Answer:

The company currently earns a total contribution margin of $ 20

Cash Proceeds from Bond Issuance on July 1, Year 1 is $16,661,102.

December 31, Year 1: Interest Expense - $450,000; Discount on Bonds Payable - $75,000; Cash - $375,000.

June 30, Year 2: Interest Expense - $450,000; Discount on Bonds Payable - $75,000; Cash - $375,000.

Total Interest Expense for Year 1 is $900,000.

Yes, bond proceeds are less than face amount when contract rate is less than market rate.

Price of bonds received is $29,823,64

1. Journal entry to record the cash proceeds from the issuance of the bonds on July 1, Year 1:

Date: July 1, Year 1

Cash $16,661,102

Bonds Payable $18,000,000

Discount on Bonds Payable $ 1,338,898

2a. Journal entry to record the first semiannual interest payment and bond discount amortization on December 31, Year 1:

Date: December 31, Year 1

Interest Expense $ 450,000

Discount on Bonds Payable $ 75,000

Cash $ 375,000

2b. Journal entry to record the interest payment and bond discount amortization on June 30, Year 2:

Date: June 30, Year 2

Interest Expense $ 450,000

Discount on Bonds Payable $ 75,000

Cash $ 375,000

3. Total interest expense for Year 1:

Interest Expense = Semiannual interest payment x 2

= $450,000 x 2

= $900,000

4. Yes, the bond proceeds will always be less than the face amount of the bonds when the contract rate is less than the market rate of interest. This is because the market rate of interest represents the prevailing rate at which investors would expect to earn on similar investments. If the contract rate is lower, the bonds become less attractive to investors, resulting in a discount on the issuance price.

5. To compute the price received for the bonds using present value tables:

Using the present value tables, locate the factor for a 10-year, 5% bond at a market interest rate of 6%. The factor is 0.55839.

Price = Cash Proceeds / Present Value Factor

= $16,661,102 / 0.55839

= $29,823,644

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Aristotle is a prominent ancient and scholar. His contributions to the field of economics have resulted in him being regarded as the first analytical economist.

Aristotle had several crucial economic ideas that we will examine below:Key economic ideas of AristotleAristotle's economic theories were centered on his belief that goods had both a use value and an exchange value. Aristotle believed that goods had an intrinsic use value that was determined by their nature or usefulness to humans. He also believed that goods had an exchange value, which was determined by the market's supply and demand.Aristotle's economic theories focused on the idea of the division of labor, which he believed was necessary for efficient production. According to Aristotle, labor could be divided into three categories: natural abilities, experience, and training. He believed that specialization was the key to efficient production.Aristotle also believed that economics should focus on the common good, rather than individual interests.

He believed that the government should play a role in regulating economic activities to ensure that they served the common good and not just the interests of a select few. This is a concept that still resonates in modern economics today.The key economic ideas of Aristotle led to him being considered the first analytical economist. He was one of the first philosophers to develop a systematic approach to studying economics, which focused on the empirical analysis of economic issues. He used his observations of the market and his knowledge of human behavior to develop his theories of economics. Aristotle's ideas have continued to influence economic thought and policy-making for centuries, making him a key figure in the development of modern economics.

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Statement (b) is TRUE under IFRS 9. Unrealized gains and losses on equity investments may be included in other comprehensive income (OCI) only if a decision to do so is made when the investment is acquired.

Under IFRS 9, the treatment of unrealized gains and losses on equity investments depends on the entity's decision when acquiring the investment. If the entity decides to include such gains and losses in OCI, they will flow through OCI and be reported as part of comprehensive income. However, if the entity does not make a decision to include them in OCI, the gains and losses will be recognized in profit or loss.

Therefore, statement (b) is correct, as it accurately reflects the requirement under IFRS 9 regarding the inclusion of unrealized gains and losses on equity investments in other comprehensive income.

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Answer: a. Prospecting cover letter

Explanation:

A prospecting cover letter as the term implies, is one written to inquire about the prospects of working in an organization by way of asking if any jobs are open or to be anticipated in future.

Apart from asking for job openings, one also introduces their selves and shows what qualifications or motivations they might have for wanting to join the organization. All these were done in this excerpt from a letter to Mr. Halverson and so it is most likely a Prospecting cover letter.

Answer:

a prospecting cover letter! :)

Explanation:

you would send a prospecting cover letter to a company you'd like to work for.

Answer:

The process of allocating the cost of plant and equipment over the periods they are used to produce revenues is known as depreciation. For natural resources, this process is called depletion, and for intangible assets it is called amortization.

Explanation:

The entry to record the amount of cash proceeds onJuly1 is:Debit Cash $42,309,236;Debit Discount on Bond payable $3,690,764;Credit Bonds payable $46,000,000.

1. July 1

Debit Cash $42,309,236

Debit Discount on Bond payable $3,690,764

($46,000,000-$42,309,236)

Credit Bonds payable $46,000,000

2a. December 31

Debit Interest Expense $2,327,008

($42,309,236×11%/2)

Credit  Discount on Bond payable $27,008

Credit Cash $2,300,000

($46,000,000×10%/2)

2b. June 30

Debit Debit Interest Expense $2,328,493

[($42,309,236+$27,008)×11%/2]

Credit  Discount on Bond payable $28,493

Credit Cash $2,300,000

($46,000,000×10%/2)

3. Total interest expense for Year 1=$42,309,236×11%/2

Total interest expense for Year 1=$2,327,008

4. Yes, because investor will not pay the face amount of the bonds in a situation were the interest payment received from the bonds is lower than the interest they could have receive if they invested in other bonds.

5. Proceeds of bonds issue

Present value of $1 at 5.5% semiannual rate 0.11746×Face amount of bonds $46,000,000=$5,403,160

Present value of annuity of $1 at 5.5% semiannual rate 16.04612×Semiannual interest payament $2,300,000=$36,906,076

Proceeds of bonds issue $42,309,236

($5,403,160+$36,906,076)

Inconclusion the entry to record the amount of cash proceeds onJuly1 is:Debit Cash $42,309,236;Debit Discount on Bond payable $3,690,764;Credit Bonds payable $46,000,000.

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Out of the given options, you won't reduce your spending by d. purchasing reduced fat lattes during the week.

The best way to reduce spending is by spending less on things that we don't need or that we can do without.

In this case, spending on fat lattes won't be a way to reduce spending because they aren't very significant.

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An appreciation of the US dollar relative to the Chinese yuan means that it takes more yuan to buy one US dollar.

This causes the demand for the yuan to decrease and the supply for yuan to increase. This is because a stronger US dollar makes US goods and services more attractive to Chinese consumers, increasing the demand for US dollars and decreasing the demand for yuan.

At the same time, a stronger US dollar makes Chinese goods and services more expensive to US consumers, and therefore less attractive, increasing the supply of yuan and decreasing the supply of US dollars. As a result, the exchange rate between the two currencies changes and the yuan depreciates in value relative to the US dollar.

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Answer:

Technicians are skilled workers that work with complex systems or perform highly technical mechanical or diagnostic tests. Depending on the field, technicians may work independently or under the direction of a professional. Technicians can work indoors or might spend most of their time outside.

Answer:

please mark me Brainliest: i think joe Biden will win definitely

Explanation:

Answer:

Reporter - 1

i. often

Dr - 1

ii. likely to cause death

Dr - 3

i. having the habit of migration

Dr - 4

ii. pulling the feathers of

Dr. - 4

ii. solid waste matter of birds

Reporter - 6

i. disease that spreads over a whole area

Note that all words are used in context of this text. Words plucking and droppings don't necessarily relate to birds but, used in this context, they do.

Based on the information given Ralpha's approximate monthly lease payment is d. $443. 73.

Residual value=$32,000×72%

Residual value=$23,040

Depreciation=$32,000-$23,040

Depreciation=$8,960

Base monthly lease payment=$8,960/36

Base monthly lease payment=$248.89

Interest per month=($32,000+$23,040)×0.00354

Interest per month=$55,040×0.00354

Interest per month=$194.84

Monthly lease payment=$248.89+$194.84

Monthly lease payment=$443.73

Inconclusion Ralpha's approximate monthly lease payment is d. $443. 73.

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The amount that Yasmine and Carlos, who file married filing jointly, can claim for the support of their 16-year-old son, Miguel, is d.$2,000.

The dependent rule states that since Miguel is under 19, he is a qualifying child.  And the total amount allowed for 2020, for example, cannot exceed $2,000.

Thus, Yasmine and Carlos will be able to claim $2,000 under the dependent rules.

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Answer:

2 is a global measure taken to prevent wastage of water from the point of view of the spectator as well as the player of the earth to the ground in the coastal regions prevents the seawater immersion into the freshwater of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the

Conversion cost equals product cost less direct labor cost. The given statement is true.

Conversion cost is the sum of all the expenses incurred in converting raw materials into finished goods, which includes overhead costs like rent, taxes, equipment maintenance, and so on. It is a very significant financial measure that is utilized in the manufacturing sector to track costs and improve efficiency. Conversion costs consist of both direct and indirect costs, including labor and overhead. Direct labor is the sum paid to employees who are directly involved in the production of goods, which includes wages, bonuses, and benefits.

Direct labor is a key component of the conversion cost and is often one of the largest expenses in the manufacturing industry. Product costs are costs associated with the production of a good, which includes direct materials, direct labor, and overhead expenses. It is a fundamental component of financial accounting, and it is used to compute the cost of goods sold (COGS).In conclusion, the formula for conversion cost is: Conversion cost = Product cost - Direct labor cost. Since direct labor is a significant part of conversion costs, the direct labor cost is subtracted from the total cost of production to compute the conversion cost.

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Answer:

Statue of limitations

Explanation:

The margin of safety as expressed as a percentage is 10%

Margin of safety refers to the difference between the actual or expected value of a particular variable and its minimum acceptable value. In financial investing, it is often used to describe the difference between the intrinsic value of a stock and its market price. The concept of margin of safety is used to mitigate the risk of investment loss by ensuring that there is a significant cushion or buffer between the price paid for an asset and its underlying value.

In other contexts, the margin of safety can refer to the amount of excess capacity or resources available in a system or process, such as in engineering or manufacturing, to account for unexpected or variable conditions. It can also refer to the level of safety or security measures implemented to protect against potential risks or hazards in various domains such as transportation, construction, or medical procedures.

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Answer:

The company should recognize $2,000 in revenue.

Explanation:

The accrual principle in accounting states that revenues should match expenses. While the company received $5,000 in cash from the customer, in the current month, it will only have delivered $3,000 in products. In other words, it will only have incurred in the expenses necessary to deliver those $3,000.

For that reason, for the current month, the company will only recognize $3,000 in revenue, while the following month, it will recognize the remaining $2,000.

The company should record revenue of $2,000 for this month.

The $3,000 received is for the last month, which means that the revenue for this transaction was recorded last month with an increase in accounts receivable. Therefore, this month the accounts receivable will be decreased with an increase in cash.

However, in the case of $2,000 the transaction is being made for future sales. The transaction would be recorded as an increase in revenue (sales) and an increase in cash.

Hence, only $2,000 will be recorded as revenue for this month.

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The Phillips Curve is a graphical representation of the inverse relationship between inflation and unemployment. In the 1970s, the United States economy experienced stagflation, which refers to an increase in both inflation and unemployment.

As a result, the Phillips Curve was deemed ineffective during this time. This is because both inflation and unemployment increased simultaneously, contradicting the conventional idea that there is a negative correlation between the two.

The Phillips Curve is a graphical representation of the inverse relationship between inflation and unemployment, which indicates that as unemployment decreases, inflation rises and vice versa. The curve got its name from the economist A.W. Phillips, who discovered this relationship in the UK economy in the 1950s.

However, over time, the Phillips Curve's relationship has been complicated by factors such as productivity and inflation expectations, and it is no longer considered an accurate predictor of inflation and unemployment trends.

The United States economy experienced stagflation in the 1970s, which refers to a period when inflation and unemployment rose at the same time, contradicting the traditional Phillips Curve model. As a result, the Phillips Curve was deemed ineffective during this time.

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Answer:

B

Explanation:

The law of supply summarizes the effect price changes have on producer behavior. For example, a business will make more video game systems if the price of those systems increases. The opposite is true if the price of video game systems decreases. Answer B does not specify a company supplying an item for a higher or lower price.

Answer:

$38,933

Explanation:

A=P( 1 + r/100)^n

A= amount

r= rate(4%)

n=period (5)

A=32,000 ( 1 + 4/100)⁵

A=32,000 (1.04)⁵

A=38,932.89

A=$38,933( nearest whole number)

During a job interview, Pam Thompson is offered a salary of $32,000. Pam's salary during her fifth year on the job is $ 37435.474.

A worker's salary increase is expressed as a percentage of their total base pay. Typically, it represents a portion of the employee's yearly compensation. Employers may utilize increments to raise or lower basic pay as well as to provide incentives.

The yearly increase % calculates the average annual percentage rate of salary increases.

Here,

Current salary= 32000

First increment will occur at the beginning of 2nd year = 32000 × (1+4%)

Second increment will occur at the beginning of 3rd year = 32000 × (1+4%) × (1+4%)

Third increment will occur at the beginning of 4th year =  32000 × (1+4%) × (1+4%) × (1+4%)

Fourth increment will occur at the beginning of 5th year

= 32000 × (1+4%) × (1+4%) × (1+4%) × (1+4%)

= 32000 × (1+4%)^4

= 32000 × (1.04)^4

= 32000 × 1.1698586

= $ 37435.474

Therefore, during a job interview, Pam Thompson is offered a salary of $32,000. Pam's salary during her fifth year on the job is $ 37435.474.

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Answer:

3

Explanation:

Total number of students = 9

Admision ticket cost = $10

Let cost of special exhibit ticket cost x

2 students ecah bought 4x

7 students each bought 3x

Admission. Cost + exhibit ticket cost = total cost

(10 * 9) + (2 * 4x) + (7 * 3x) = 177

90 + 8x + 21x = 177

29x = 177 - 90

29x = 87

x = $3

Answer:

huh

Explanation:

Answer: Small businesses contribute to local economies by bringing growth and innovation to the community in which the business is established. Small businesses also help stimulate economic growth by providing employment opportunities to people who may not be employable by larger corporations.

Answer:

The correct answer is: D. 2050

Explanation:

Answer: 2050

Explanation:  Treasury bonds are sold in $1,000 increments and have a 30-year maturity date.

Thus, 2020 + 30 years = 2050

Answer:

a profession or occupation chosen by one's life work.

Having or following a career as specific career diplomat.

Explanation:

Hope this helps.. ;)

FYI I did research and I didn't copied and pasted..

Answer: an occupation undertaken for a significant period of a person's life and with opportunities for progress.

Like a police officer, fire fighter, cashier, fast food worker, teacher, principle, Etc....

Hope this helps... Stay safe and have a great Thanksgiving!!! :D

Roman money began to lose its value when the Roman Empire faced economic challenges and various factors contributed to the debasement of its currency.

One significant event that led to the decline in the value of Roman money was the gradual debasement of the silver denarius, the primary currency of the Roman Empire. This debasement involved reducing the silver content in the denarius while maintaining its face value, effectively diluting the value of the currency. The debasement was a result of the empire's need to finance its expanding military, bureaucracy, and infrastructure projects.

The process of debasement began during the third century AD, as the Roman Empire faced economic instability and inflation. Emperors reduced the silver content in the denarius, leading to a decline in its purchasing power. This debasement was often accompanied by an increase in the number of coins minted, further exacerbating the problem. As a result, the value of Roman money eroded, and inflation became rampant.

The debasement of Roman money had severe consequences for the economy and society. Inflation eroded the savings of the population, causing a decline in purchasing power and living standards. It created economic uncertainty, hampered trade, and undermined the stability of the Roman Empire. The loss of confidence in the currency also affected tax collection and contributed to a decline in revenue for the government. Ultimately, the devaluation of Roman money was symptomatic of the economic and political challenges faced by the empire, which played a role in its eventual decline and fall.

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