On June 1, 2019 Adelphi Corporation issued $160,000 of 6%, 5-year bonds.The bonds which were issued at 95, 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.If this is discount amortization enter as a positivenumber.If this is premium amortization enter as a negative number.

On December 31, 2018, AdelphiCorporation has outstanding 500 shares of $100 par value, 6% cumulative and nonparticipating preferred stock, and 17,000 shares of $10 par value common stock. Preferred dividends were paid in 2016 but were not paid in 2017.During 2018, Alpha distributed $45,000 in dividends. Use this information to determine for 2018 the dollar amount of dividends that will be distributed perCommon Share.Round answer to closest cent.

On March 1, 2019, Baltimore Corporation had 90,000 shares of common stock outstanding with a par value of $5 per share.On March 1, Baltimore Corporation authorized a 20% stock dividend when the market value was $16 per share. Use this information to calculate the amount either (debited) or credited to retained earnings.Enter as a negative number if retained earnings is debited and a positive number if retained earnings is credited.

The Common Stock account for Baltimore Corporation on January 1, 2018 was $60,000.On July 1, 2018 Baltimore issued an additional 9,500 shares of common stock. The Common Stock is $5 par. There was neither Preferred Stock nor any Treasury Stock. Paid in Capital Excess to par Common Stock was $20,000 on January 1 and $40,000 on July 2 and net income was $142,000.Use this information to determine for December 31, 2018 the amount ofEarnings per Share (rounded to the nearest cent).

For the FY 2018, Dorchester Company's balance sheet included the following current items: cash $25,000, accounts receivable $143,000, inventories $104,000, prepaid expenses $18,000, accounts payable $82,000, and accrued expenses $64,000.Use this information to determine the Current Ratio. (Round & enter your answers to one decimal place.)

For the FY 2018, Frederick Company had net sales of $800,000 and net income of $65,000, paid income taxes of $22,500, and had before tax interest expense of $17,500.Use this information to determine the Times Interest Earned Ratio.(Round your answers to one decimal place)

The following financial information isfor Annapolis Corporationarefor the fiscal years ending 2019 & 2018 (all balances are normal):

Item/Account

2019

2018

Accounts Receivable

$32,000

$40,000

Inventory

42,000

38,000

Net Sales (all credit)

440,000

350,000

Cost of Goods Sold

154,000

152,000

Net Income

27,200

24,800

Use this information to determinetheaccounts receivable averagecollection period for FY 2019.(Use 365 day year.Round your answers to one decimal place.)

Towson Manufacturing had a Work in Process balance of $138,000 on January 1, 2018. The year end balance of Work in Process was $104,000 and the Cost of Goods Manufactured was $820,000. Use this information to determine the total manufacturing costs incurred during the fiscal year 2018. (Round enter as whole dollars only.)

During FY 2018, Towson Manufacturing had a beginning finished goods inventory of $23,000 & ending finished goods inventory of $18,500.Beginning work-in-process was $20,000and ending work-in-process was 17,500.Factory overhead was $22,500.The total manufacturing costs amounted to $298,000.Use this information to determine the FY 2018 Cost of Goods Sold. (Round enter as whole dollars only.)

During FY 2019, Dorchester Company plans to sell Widgets for $11 a unit. Current variable costs are $5 a unit and fixed costs are expected to total of $100,000. Use this information to determinethe number of units of Widgets for Dorchester to breakeven.(Round to the nearest whole number)

During FY 2019, Dorchester Company plans to sell Widgets for $15 a unit. Current variable costs are $5 a unit and fixed costs are expected to total of $146,000. Use this information to determinethe dollar value of sales for Dorchester to breakeven.(Round to the nearest whole dollar)

Baltimore Company uses a job order cost system and applies overhead based on estimated rates.The overhead application rate is based on total estimated overhead costs of $330,000 and direct labor hours of 9,800. During the month of February 2019, actual direct labor hours of 9,100 were incurred. Use this information to determine the amount of factory overhead that was applied in February.(round answer to the nearest whole dollar):

During March 2019, Annapolis Corporation recorded $42,000 of costs related to factory overhead.Alpha's overhead application rate is based on direct labor hours. The preset formula for overhead application estimated that $40,500 would be incurred, and 5,000 direct labor hours would be worked.During March, 5,250 hours were actually worked. Use this information to determine the amount of factory overhead that was (over) or under applied.(Round answers to the nearest whole dollar.Enter as a positive number if under applied.Enter as a negative number if over applied.)

On May 21, 2019, Christine worked 5.5 hours on Job A-1, and 3 hours on general "overhead activities."Christine is paid $13 per hour.Overhead is applied based on $23 per direct labor hour.Additionally, on May 21 Job A-1 requisitioned and entered into production $270 of direct material.On May 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 May 21?Round your answer to the closest whole dollar.

Bethesda Company's April 1, 2019 beginning work in process was 900 units. During April an additional 2,000 units were put into production. At the end of April all units were completed except for 525 units. Use this information to determine number of units completed.