Exercise 17.7 journal entries, cost flows, and determining account balances page 788 zelda manufacturing organized in june and recorded the following transactions during its first month of operations. purchased materials costing $800,000. used direct materials in production costing $485,000. applied direct labor costs of $500,000 to various jobs. applied manufacturing overhead at a rate of $10 per direct labor hour. (direct labor workers earn $20 per hour.) incurred actual manufacturing overhead costs of $245,000 (credit "various accounts"). transferred completed jobs costing $745,000 to finished goods. sold completed jobs for $1,000,000 on account. the cost applied to the jobs sold totaled $615,000. closed the manufacturing overhead account directly to cost of goods sold on june 30. prepare a journal entry for each of the eight transactions listed. compute the balance of the cost of goods sold account at june 30. determine the company’s inventory balances at the end of june.

Do you think a travel organization company might be able to get less expensive airline tickets then you as an individual could get? (no less then 25 words)

Afirm's before-tax cost of debt, rd, is the interest rate that the firm must pay on debt. because interest is tax deductible, the relevant cost of debt used to calculate a firm's wacc is the cost of debt, rd (1 – t). the cost of debt is used in calculating the wacc because we are interested in maximizing the value of the firm's stock, and the stock price depends on cash flows. it is important to emphasize that the cost of debt is the interest rate on debt, not debt because our primary concern with the cost of capital is its use in capital budgeting decisions. the rate at which the firm has borrowed in the past is because we need to know the cost of capital. for these reasons, the on outstanding debt (which reflects current market conditions) is a better measure of the cost of debt than the . the on the company's -term debt is generally used to calculate the cost of debt because more often than not, the capital is being raised to fund -term projects. quantitative problem: 5 years ago, barton industries issued 25-year noncallable, semiannual bonds with a $1,600 face value and a 8% coupon, semiannual payment ($64 payment every 6 months). the bonds currently sell for $845.87. if the firm's marginal tax rate is 40%, what is the firm's after-tax cost of debt? round your answer to 2 decimal places. do not round intermediate calcu

Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.