Question
1. On June 1, 2019 Adelphi Corporation issued $200,000 of 6%, 10-year bonds.The bonds which were issued at 96, pay interest on January 1 and
1. On June 1, 2019 Adelphi Corporation issued $200,000 of 6%, 10-year bonds.The bonds which were issued at 96, pay interest on January 1 and June 1.Use this information to calculate the amount of bond discount or premium that is amortized with each interest payment.Enter as a whole number (no cents).
2.On March 21, 2021, Christine worked 6.5 hours on Job A-1, and 3 hours on general "overhead activities."Christine is paid $18 per hour.Overhead is applied based on $26 per direct labor hour.Additionally, on March 21 Job A-1 requisitioned and entered into production $240 of direct material.On March 21, Christine, while working on Job A-1 used $27 of indirect material.Indirect material is included in the overhead application rate.Use this information to determine thetotal cost that should have been recorded in the Work in Process for Job A-1 on March 21?Round your answer to the closest whole number (no cents).
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