Answer:
(B) $18.40
Explanation:
we build the equation system and solve for variable overhead
we must understand that overhead unit cost if calculate as follow:
variable overhead + fixed overhead / volume
so:
We rearrange:
We equalize:
And now we solve:
(33.8 - VMO) x 3 = 64.6 - VMO
101.4 - 3 VMO = 64.6 - VMO
36.8 = 2VMO = 18.4
A former “supercontinent” on the Earth. In the distant past a large landmass, Pangaea, included all the present continents, which broke up and drifted apart.
Hope this helps!
Answer: Balance sheets follow ALS
Explanation: ALS stands for Assets-Liabilities-Stock (equity).
So first, find all assets. Place them under "assets" and add/subtract as needed (most likely add). In your case it should look something like this:
ASSTES:
Cash $6,414
Receivables $2,662
Inventory $3,191
Prepaid Expenses $2,557
TOTAL CURRENT ASSETS: $14,824
LONG TERM ASSETS:
Land $16,643
Buildings $56,163
Equipment $2,750
TOTAL LONG TERM ASSETS: $75,556
TOTAL ASSETS: $90,380
Where total current assets are calculated by summing up the total short term assets and long term assets is the same but with long term assets. Finally total assets is the sum of both the long and short term assets. You then do the same for the liabilities and equity.
The two methods of accounting for uncollectible receivables are the direct method and the <u>allowance</u> method.
The Financial Accounting Reserve Method refers to the bad debt process in which the estimated bad debt expense is recorded in the same accounting period as the sale. The provisioning method is used to adjust the value of accounts receivable shown on the balance sheet.
The direct depreciation method requires two separate postings to write off the irrecoverable account. Recognizing credit losses using the provisioning method reduces journal entries for recognizing certain charge-offs. Doubtful invoice deductions.
Under the allowance method, companies estimate the number of bad debts as a percentage of credit sales. Then apply that percentage to your credit sales when you get your revenue. Value adjustments correspond to income.
Disclaimer: Learn more about the allowance method here
brainly.com/question/14191260
#SPJ4
Answer: 1.13
Explanation:
New Beta = Beta + Increase in beta per portfolio
Increase in beta as a result of purchase of new stock
= New stock beta - sold stock beta
= 1.5 - 0.5
= 0.5
Increase in bet per portfolio
= 0.5/18 stock
= 0.02778
New Beta = 1.1 + 0.02778
= 1.12778
= 1.13
