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Answer:
$500
Explanation:
The cost of the car is $5000
the interest is 10% per year
the interest paid in one year time will be
I= p x r x t
p = $5000; r =10% or 0.1 ;and t = 1
I = $5000 x 0.1 x 1
I= $500 x 1
Interest payable in one year is $500
<u>Answer:</u>
<em>B) Selling costs of a sales department are not inventoriable</em>
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<u>Explanation:</u>
The inventoriable price is the cost from the provider in addition to all costs essential to get the thing into stock and prepared available to be purchased, for example, cargo in. For a maker, the item expenses incorporate direct material, direct work, and the assembling overhead (fixed and variable).
Inventoriable costs once in a while fluctuate, starting with one industry then onto the next, and they additionally vary, starting with one provider then onto the future down the store network.
Answer:
A. $45,950
B. $0.84 per liter.
Explanation:
A. February conversion costs in the Filtration Department:
= Direct labor costs(Wages of workers operating filtration equipment) + Manufacturing overhead allocated to filtration
= $25,950 + $20,000
= $45,950
B. Filtration Department completely processed 150,000 liters in February.
Total cost incurred:
= Direct labor costs + Manufacturing overhead allocated to filtration + Water
= $25,950 + $20,000 + $80,000
= $125,950
Filtration cost per liter:
= Total cost incurred ÷ Total units processed
= $125,950 ÷ 150,000
= $0.84 per liter.