SB
Stephan Besel
Answers (6)
SB
Answered
Use the data for Wall Nuts,Inc.to compute the dollar amount of overhead applied to each unit of oak paneling,assuming the company uses departmental overhead rates based on machine hours in Department A and machine hours in Department B.
A) $8.70
B) $1.40
C) $14.40
D) $26.25
E) $41.00
A) $8.70
B) $1.40
C) $14.40
D) $26.25
E) $41.00
On Jul 23, 2024
A
SB
Answered
If sixty $1000 convertible bonds with a carrying value of $70000 are converted into 9000 shares of $5 par value common stock the journal entry to record the conversion is a.
Bonds Payable 70,000 Common Stock 70,000\begin{array}{llr} \text { Bonds Payable } &70,000\\ \text { Common Stock } &&70,000\\\end{array} Bonds Payable Common Stock 70,00070,000
b.
Bonds Payable 60,000 Premium on Bonds Payable 10,000Common Stock 70,000\begin{array}{llr} \text { Bonds Payable } &60,000\\ \text { Premium on Bonds Payable } &10,000\\ \text {Common Stock } &&70,000\end{array} Bonds Payable Premium on Bonds Payable Common Stock 60,00010,00070,000
c.
Bonds Payable60,000 Premium on Bonds Payable 10,000 Common Stock 45,000 Paid-in Capital in Excess of Par 25,000\begin{array}{llr} \text { Bonds Payable} &60,000\\ \text { Premium on Bonds Payable } &10,000\\ \text { Common Stock } &&45,000\\ \text { Paid-in Capital in Excess of Par } &&25,000\end{array} Bonds Payable Premium on Bonds Payable Common Stock Paid-in Capital in Excess of Par 60,00010,00045,00025,000
d.
Bonds Payable 70,000 Discount on Bonds Payable10,000 Common Stock 45,000 Paid-in Capital in Excess of Par15,000\begin{array}{llr} \text { Bonds Payable } &70,000\\ \text { Discount on Bonds Payable} &&10,000\\ \text { Common Stock } &&45,000\\ \text { Paid-in Capital in Excess of Par} &&15,000\end{array} Bonds Payable Discount on Bonds Payable Common Stock Paid-in Capital in Excess of Par70,00010,00045,00015,000
Bonds Payable 70,000 Common Stock 70,000\begin{array}{llr} \text { Bonds Payable } &70,000\\ \text { Common Stock } &&70,000\\\end{array} Bonds Payable Common Stock 70,00070,000
b.
Bonds Payable 60,000 Premium on Bonds Payable 10,000Common Stock 70,000\begin{array}{llr} \text { Bonds Payable } &60,000\\ \text { Premium on Bonds Payable } &10,000\\ \text {Common Stock } &&70,000\end{array} Bonds Payable Premium on Bonds Payable Common Stock 60,00010,00070,000
c.
Bonds Payable60,000 Premium on Bonds Payable 10,000 Common Stock 45,000 Paid-in Capital in Excess of Par 25,000\begin{array}{llr} \text { Bonds Payable} &60,000\\ \text { Premium on Bonds Payable } &10,000\\ \text { Common Stock } &&45,000\\ \text { Paid-in Capital in Excess of Par } &&25,000\end{array} Bonds Payable Premium on Bonds Payable Common Stock Paid-in Capital in Excess of Par 60,00010,00045,00025,000
d.
Bonds Payable 70,000 Discount on Bonds Payable10,000 Common Stock 45,000 Paid-in Capital in Excess of Par15,000\begin{array}{llr} \text { Bonds Payable } &70,000\\ \text { Discount on Bonds Payable} &&10,000\\ \text { Common Stock } &&45,000\\ \text { Paid-in Capital in Excess of Par} &&15,000\end{array} Bonds Payable Discount on Bonds Payable Common Stock Paid-in Capital in Excess of Par70,00010,00045,00015,000
On Jul 21, 2024
C
SB
Answered
A person with intrapersonal intelligence is rarely introspective.
On Jun 23, 2024
False
SB
Answered
Most negotiators prefer using email, videoconferences and other forms of electronic communication when negotiating rather than meeting face-to-face.
On Jun 21, 2024
False
SB
Answered
A nation with abundant capital resources tends to be an exporter of
A) labor-intensive products
B) capital-intensive products.
C) natural resource-based products.
D) consumer products.
A) labor-intensive products
B) capital-intensive products.
C) natural resource-based products.
D) consumer products.
On May 24, 2024
B
SB
Answered
In a bar graph,always order the bars from smallest to highest.
On May 22, 2024
False