Health First Lad. retires its 8% bonds for $74,000 before its maturity date. Carrying value at...
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Health First Lad. retires its 8% bonds for $74,000 before its maturity date. Carrying value at the time of retiring much bonds was $78,693. Record the entry for retirement of bonds. Date Description Ret Debifia S Credn 5 78,693 Bonds Pa Cah 78,693 Tarword the retirmefed efare maturtny Date Cab Descri Rel Deb S Credin 9 Bendh Pae Tananand the reemt af hans befare mann 71.60) Date Deser Ret Dehiia S) Credinie ) Bosds Paysble 74000 Cenh S 4.000 UTorecord thtie elhuns befaratn d. Date Deserigt Ref Debr S Celari S tBonds Paab Cn Bondernt Ced 4.000 You have been provided the following data relating to Milestone Ltd.: |Amount Particulars Selling Price 195 Unks in begioning ivestory Units prodaced Units sold Units in ending iventory 2,120 1550 570 Variable costs per Uait: Direct Material Direct Labor Variable marafacturing overhead Variable selling and adninistrative overbead Fired Costs: Faed marafacturing overhead Fiaed selling a 92 35 13 29,680 and aduinistartive 29.450 Calculate the total period cost for the month under variable costing method 1 Total period cost under the variable costing is $62,580 b. Total persod cost under the varuable costıng is $69,980 c. Total period cost under the vanable costıng is $83.900 d. Total period cost under the variable costing is $50_350 Health First Lad. retires its 8% bonds for $74,000 before its maturity date. Carrying value at the time of retiring much bonds was $78,693. Record the entry for retirement of bonds. Date Description Ret Debifia S Credn 5 78,693 Bonds Pa Cah 78,693 Tarword the retirmefed efare maturtny Date Cab Descri Rel Deb S Credin 9 Bendh Pae Tananand the reemt af hans befare mann 71.60) Date Deser Ret Dehiia S) Credinie ) Bosds Paysble 74000 Cenh S 4.000 UTorecord thtie elhuns befaratn d. Date Deserigt Ref Debr S Celari S tBonds Paab Cn Bondernt Ced 4.000 You have been provided the following data relating to Milestone Ltd.: |Amount Particulars Selling Price 195 Unks in begioning ivestory Units prodaced Units sold Units in ending iventory 2,120 1550 570 Variable costs per Uait: Direct Material Direct Labor Variable marafacturing overhead Variable selling and adninistrative overbead Fired Costs: Faed marafacturing overhead Fiaed selling a 92 35 13 29,680 and aduinistartive 29.450 Calculate the total period cost for the month under variable costing method 1 Total period cost under the variable costing is $62,580 b. Total persod cost under the varuable costıng is $69,980 c. Total period cost under the vanable costıng is $83.900 d. Total period cost under the variable costing is $50_350
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Related Book For
South Western Federal Taxation 2016 Corporations Partnerships Estates and Trusts
ISBN: 9781305399884
39th edition
Authors: James Boyd, William Hoffman, Raabe, David Maloney, Young
Posted Date:
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