Exhibit 14-2 A $500,000, ten-year, 7% bond issue was sold to yield 6% interest payable annually. Actuarial information for 10 periods is as follows: 6% 7% Present value of 1 0.50835 0.55839 Present value of an annuity of 1 7.02359 7.36009 Refer to Exhibit 14-2. The discount or premium at the date of bond issuance would be: . a. $36.798 premium
b. $10,097 discount
c. $35,117 discount
d. $11.778 premium

At the beginning of the accounting period, nutrition incorporated estimated that total fixed overhead cost would be $50,600 and that sales volume would be 10,000 units. at the end of the accounting period actual fixed overhead was $56,100 and actual sales volume was 11,000 units. nutrition uses a predetermined overhead rate and a cost plus pricing model to establish its sales price. based on this information the overhead spending variance is multiple choice $5,500 favorable. $440 favorable. $5,500 unfavorable. $440 unfavorable.

What type of budget is stated? a budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year.

It is most important to account for factors like warranties and durability when purchasing durable goods or very expensive items