1.

Following details have been provided by BAR corporation as given below:Purchase of direct material on account:JuneJulyAugust$68,000$77,000$73,000Company pays off 20% of the due balance of accounts payable in the month of purchaseand remaining portion in next month.In month of July, direct labor cost is $33,800. In month of August, direct labor cost is$35,400.90% of the direct labor cost is paid in the month to which it belongs and remainingis paid in next month.Overhead related to August is $77,200 and it includes depreciation of S6,350.Company has loan of $23,000 which has due period of 4 months. It was taken on May 1.Interest will be due at 9% per annum. Repayment of loan along with interest is done onAugust 31.Cash payments in August is:​

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ANSWER:

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