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Answer:
I would say it B ............
Answer:
Hubs Sprockets
Direct Materials 29 17
Direct Labor 13.3 5.7
Overhead 14.65 0.24
Unit Cost 56.95 22.94
Explanation:
<u><em>Labor:</em></u>
Hubs: 0.7 hours per unitx 19 labor rate = $13.3
Sprockets 0.3 x 19 = $5.7
<u><em>Direct Materials:</em></u>
Hubs $29
Sprockets $17
<u><em>Overhead rate</em></u>
Activity Pool Hub Sprockets
Machine Setups 225 125(55.56%) 100(44.44%)
Special processing 3900 3900
<u>Machine Setups</u>
27,000 x 55.56% /13,000 units: $ 1.1538
27,000 x 44.44% / 50,000 units $ 0.24
<u>Special Processing</u>
175,500/13,000 = $13.5
Total overhead
sprockets: $0.24
hubs: $14.65
Units cost:
hubs: 13.3 + 29 + 14.65 = 56.95
sprockets: 5.7 + 17 + 0.24 = 22.94
pension expense may be greater than, equal to, or less than the amount funded.
Answer: Option B.
<u>Explanation:</u>
Pension expense is the expense that a trustee has to bear to give pensions and other offerings to the people who have retired from the services which they were offering.
The amount that the trustee will get in the form of amount funded does not necessarily be the same amount as the expenses of the cash given in the form of pension. It can be greater than equal to or even lesser than the expenses made.
Answer:
$28,000
Explanation:
we need to calculate the loss on the sale of the building:
sales price - basis = $50,000 - $80,000 = ($30,000)
- Harry = ($30,000) x 40% = ($12,000)
- Landers = ($30,000) x 40% = ($12,000)
- Waters = ($30,000) x 20% = ($6,000)
- total loss = ($30,000)
the partners basis:
- Harry = $40,000 - $12,000 = $28,000
- Landers = $30,000 - $12,000 = $18,000
- Waters = $15,000 - $6,000 = $9,000
- total = $55,000
Since the partners' basis ($55,000) equal the total available cash ($5,000 cash and $50,000 proceeds from sale = $55,000), then each partner will receive an amount equal to their basis.
- Harry = $28,000
- Landers = $18,000
- Waters = $9,000
