The levi company issued $200,000 of 12% bonds on january 1 of the current year at face value. the bonds pay interest semiannually on january 1 and july 1. the bonds are dated january 1, and mature in five years, on january 1. the total interest expense related to these bonds for the current year ending on december 31 is
a) $12,000
b) $2,000
c) $24,000
d) $6,000

True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false

Match the different financial task to their corresponding financial life cycle phases

Miller company’s total sales are $171,000. the company’s direct labor cost is $20,520, which represents 30% of its total conversion cost and 40% of its total prime cost. its total selling and administrative expense is $25,650 and its only variable selling and administrative expense is a sales commission of 5% of sales. the company maintains no beginning or ending inventories and its manufacturing overhead costs are entirely fixed costs. required: 1. what is the total manufacturing overhead cost? 2. what is the total direct materials cost? 3. what is the total manufacturing cost? 4. what is the total variable selling and administrative cost? 5. what is the total variable cost? 6. what is the total fixed cost? 7. what is the total contribution margin?