Answer:
$8000
Explanation:
Given: Budgeted Overhead $240,000
Budgeted Labor Hrs 60,000
Actual Labor Hrs for Job B25 200
Actual labor cost for B25 $2,200
Direct Material cost for B25 $5000
Standard/ Budgeted overhead absorption rate = Budgeted Overheads/ Budgeted labor hours = $240,000/60,000 = $4 per labor hours
Budgeted overheads for actual 200 labor hours = 200 × $4 = $800
Labor cost and material cost incurred for Job B25 = $2200 + $5000 = $7200
Add: Budgeted overhead cost for 200 labor hours = $800
Cost of Job B25 = $7200 + $800 = $8000
Answer:
The answer is: $367,000
Explanation:
To determine Pronghorn Corporation's actual return on plan assets we can use the following formula:
return on plan assets = (year-end plan assets - beginning of the year plan assets) - (contribution to the pension fund - benefits paid)
return on plan assets = ($2,035,000 - $1,770,000) - ($116,000 - $218,000)
return on plan assets = $265,000 - (-$102,000) = $265,000 + $102,000
return on plan assets = $367,000
Pretty sure your answer is
<span>B. Profit margin</span>
Answer:
The Multinational strategy
Explanation:
The reason is that the strategy that includes the management of company that operates in a number of countries which includes its financial management and operational controls procedures in the other countries. The multinational organization always pursue multinational strategy because it faces greater number of risks and this strategy helps the country to manage the risks internationally. Lets take an example of a company that made investment in UK of $5 million which due to weakening of UK sterling is worth $4.5 million. Though the company made a great increase in profits but the risk of loss of the value investment is higher. So there are a lot of such types of risks that the company needs to manage. To manage risk of an multinational organization, the company uses Multinational strategy.
