Answer:
The answers are:
- A) Government tax revenue minus the sum of government purchases and transfer payments to households.
- B) a budget surplus
Explanation:
The formula to calculate public saving is (T - G - TR).
- T stands for all the government revenue through taxes and tariffs.
- G stands for all the government spending including purchase of goods and provision of services.
- TR stands for all the government transfers including payments to individuals and households through social programs (including social security).
Budget surplus is the same as public saving.
Answer and Explanation:
The Calculation of Predetermined OH Rate is shown below:
For Materials Handling, it is
= Estimated Overhead Costs ÷ Estimated allocated base Quantity
= $54,000 ÷ 96
= $562.50 per part
For Machine Setup, it is
= Estimated Overhead Costs ÷ Estimated allocated base Quantity
= $204,000 ÷ 60
= $3,400 per setup
For Insertion of Parts, it is
= Estimated Overhead Costs ÷ Estimated allocated base Quantity
= $486,000 ÷ 96
= $5,062.50 per part
Now
Calculation of allocated OH is
For Basic Model:
Allocated OH is
= $562.50 × 32 + $3,400 × 20 + $5,062.50 × 32
= $248,000
For Professional Model:
Allocated OH is
= $562.50 × 64 + $3,400 × 40 + $5,062.50 × 64
= $496,000
Answer: $1.46
Explanation:
Earnings per share = Net Income/Number of shares
Value of shares at current = 9,000/600
= $15 a share
Excess cash is $1,200.
Using that, the following number shares can be purchases;
= 1,200/15
= 80 shares
New number of shares = 600 - 80
= 520 shares
New EPS
= 760/520
= $1.46
Answer:
2018 = $4,945.46
2019 - $4,450.91
Explanation:
sum-of- the-years'-digits depreciation expense =( number of useful lives remaining / sum of the years ) x (Cost of asset - residual value)
sum of the years = 1 +2 +3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 = 55
depreciation expense in 2018 = (10 / 55 ) x ( $33,600 - $6,400) = $27,200 X 0.181818 = $4,945.46
depreciation expense in 2018 = (9 / 55 ) x ( $33,600 - $6,400) = $27,200 X 0.163636 = $4,450.91
