On january 1, 2018, bradley recreational products issued $150,000, 12%, four-year bonds. interest is paid semiannually on june 30 and december 31. the bonds were issued at $141,044 to yield an annual return of 14%. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) required: 1. prepare an amortization schedule that determines interest at the effective interest rate. 2. prepare an amortization schedule by the straight-line method. 3. prepare the journal entries to record interest expense on june 30, 2020, by each of the two approaches. 5. assuming the market rate is still 14%, what price would a second investor pay the first investor on june 30, 2020, for $21,000 of the bonds?

Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000