Question
Question 5 On June 1, 2019 Adelphi Corporation issued $200,000 of 6%, 10-year bonds.The bonds which were issued at 99, pay interest on January 1
Question 5
On June 1, 2019 Adelphi Corporation issued $200,000 of 6%, 10-year bonds.The bonds which were issued at 99, 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).
Question 8
On December 31, 2020, AdelphiCorporation has outstanding 500 shares of $100 par value, 7% cumulative and nonparticipating preferred stock, and 5,000 shares of $10 par value common stock. Preferred dividends were paid in 2018 but were not paid in 2019.During 2020, Alpha distributed $45,000 in dividends. Use this information to determine for 2020 the dollar amount of dividends that will be distributed perCommon Share.Round answer to closest cent.
Question 17
On March 21, 2021, Christine worked 4.5 hours on Job A-1, and 3 hours on general "overhead activities."Christine is paid $17 per hour.Overhead is applied based on $28 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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