Bond interest and discount amortization. bu curriculum corporation issued $900,000 of 8% bonds on november 1, 2015, due on november 1, 2020. the interest is to be paid twice a year on may 1 and november 1. the bonds were sold to yield 10% effective annual interest. bu curriculum corporation closes its books annually on december 31. instructions (a) complete an amortization schedule for the above bond (for all periods) in a similar format as below. (round all answers to the nearest dollar.) use the effective-interest method. date credit cash debit interest expense credit bond discount carrying amount of bonds nov. 1, 2015 use the pv formula in excel; see posted bond excel sheet in the classroom may 1, 2016 ….continue schedule (use excel) (b) prepare the journal entries for the following: 1. november 1, 2015 bond issue 2. adjusting entry for december 31, 2015 (adjusting entry should cover 2 months) 3. may 1, 2016 entry 4. november 1, 2016 entry 5. adjusting entry from december 31, 2016 (c) compute the interest expense to be reported in the income statement for the year ended december 31, 2015 and december 31, 2016. (d) complete an amortization schedule for the above bond (for all periods) using the straight-line amortization method (entries are not required).

Actual usage for the year by the marketing department was 70,000 copies and by the operations department was 330,000 copies. if a dual-rate cost-allocation method is used, what amount of copying facility costs will be budgeted for the operations department?

The cost of capital: introduction the cost of capital: introduction companies issue bonds, preferred stock, and common equity to aise capital to invest in capital budgeting projects. capital is』necessary factor of production and like any other factor, it has a cost. this cost is equal to the select the applicable security. the rates of return that investors require on bonds, preferred stocks, and common equity represent the costs of those securities to the firm. companies estimate the required returns on their securities, calculate a weighted average of the costs of their different types of capital, and use this average cost for capital budgeting purposes. required return on rate: when calculating om operations when the firm's primary financial objective is to select shareholder value. to do this, companies invest in projects that earnselect their cost of capital. so, the cost of capital is often referred to as the -select -select and accruals, which a se spontaneously we hted average cost of capital wa c our concern is with capital that must be provided by select- 쑤 interest-bearing debt preferred stock and common equity. capital budgeting projects are undertaken, are not included as part of total invested capital because they do not come directly from investors. which of the following would be included in the caculation of total invested capital? choose the response that is most correct a. notes payable b. taxes payable c retained earnings d. responses a and c would be included in the calculation of total invested capital. e. none of the above would be included in the cakulation of total invested capital.

Exercise 15-7 crawford corporation incurred the following transactions. 1. purchased raw materials on account $53,000. 2. raw materials of $45,200 were requisitioned to the factory. an analysis of the materials requisition slips indicated that $9,400 was classified as indirect materials. 3. factory labor costs incurred were $65,400, of which $50,200 pertained to factory wages payable and $15,200 pertained to employer payroll taxes payable. 4. time tickets indicated that $55,000 was direct labor and $10,400 was indirect labor. 5. manufacturing overhead costs incurred on account were $81,700. 6. depreciation on the company’s office building was $8,100. 7. manufacturing overhead was applied at the rate of 160% of direct labor cost. 8. goods costing $89,400 were completed and transferred to finished goods. 9. finished goods costing $76,000 to manufacture were sold on account for $105,100. journalize the transactions. (credit account titles are automatically indented when amount is entered. do not indent manually.) no. account titles and explanation debit credit (1) (2) (3) (4) (5) (6) (7) (8) (9) (to record the sale) (to record the cost of the sale) click if you would like to show work for this question: open show work