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The Thomas Marley Fitness Gym has $700,000 of 20-year bonds payable outstanding. These bonds were issued at a $77,000 discount 10 years ago. The company uses the straight-line amortization method for these bonds. The current carrying amount of the bonds payable is
Tool use, and equipment maintenance and troubleshooting are all _______ career skills. Technical Basic Management Critical thinking
What study skill is being used when taking a large project and breaking it down into smaller manageable tasks?
Some common selling strategies are (choose all that apply): door-to-door sales, telemarketing sales, forced sales and Web-based sales.
On July 4, 2018, Wyoming Mining Company purchased the mineral rights to a granite deposit for $1,600,000. It is estimated that the recoverable granite will be 400,000 tons. During 2018, 100,000 tons of granite was extracted and 60,000 tons were sold. The amount of the Depletion Expense recognized for 2018 would be:
Cheyenne Corp. uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $170000 and credit sales are $1710000. Management estimates that 5% of accounts receivable will be uncollectible. What adjusting entry will Cheyenne Corp. make if the Allowance for Doubtful Accounts has a credit balance of $3400 before adjustment?
K Company estimates that overhead costs for the next year will amount to $6,520,000 for indirect labor and $1,200,000 for factory utilities. The company uses direct labor hours as its overhead allocation base. With 160,000 direct labor hours planned for the next year, what is the company's plantwide overhead rate? Options are: - $0.13 per direct labor hour - $7.50 per direct labor hour - $40.75 per direct labor hour - $48.25 per direct labor hour - $0.27 per direct labor hour To calculate the plantwide overhead rate, sum the indirect labor and factory utilities, then divide by the total direct labor hours: Total Overhead Costs = Indirect Labor + Factory Utilities Total Overhead Costs = $6,520,000 + $1,200,000 Total Overhead Costs = $7,720,000 Plantwide Overhead Rate = Total Overhead Costs / Total Direct Labor Hours Plantwide Overhead Rate = $7,720,000 / 160,000 hours Plantwide Overhead Rate = $48.25 per direct labor hour Therefore, the plantwide overhead rate is $48.25 per direct labor hour.
At Corpceton, a plastic products manufacturing company, two to three newly hired machine operators are assigned to senior machine operators who train them for a few weeks. After the trainees complete three months of probation in the company, each of them is given a machine to operate on. In the context of training methods, this scenario best illustrates:_______.a) on-the-job training. b) refresher training. c) sensitivity training. d) vestibule training.
Which strategy is an effective way to manage risk? A. documenting and sharing risk management procedures B. renouncing changes in government policies C. transferring risk to vendors D. storing large amount of cash on company premises E. investing in share market
absolute monarchy is most similar to which other system of government
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