Kurtyka corporation had the following transactions relating to debt investments: jan. 1, 2017 purchased 60, $1,350, 15% spiller company bonds for $81,000. interest is payable annually on january 1. dec. 31, 2017 accrued interest on spiller company bonds. jan. 1, 2018 received interest from spiller company bonds. jan. 1, 2018 sold 36 spiller company bonds for $47,250. journalize the transactions. prepare the adjusting entry for the accrual of interest on december 31, 2017.
Answers: 3
Business, 21.06.2019 19:40, farrellandnandi
Which of the following is false regarding the links between jit and quality? a. jit increases the cost of obtaining good quality. b. as quality improves, fewer inventory buffers are needed; in turn, jit performs better. c. jit reduces the number of potential sources of error by shrinking queues and lead times. d. inventory hides bad quality; jit immediately exposes it. e. if consistent quality exists, jit allows firms to reduce all costs associated with inventory.
Answers: 3
Business, 22.06.2019 17:50, Senica
Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?
Answers: 1
Kurtyka corporation had the following transactions relating to debt investments: jan. 1, 2017 purch...
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