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2 years ago

Volume-based rates are appropriate in situations where the incurrence of factory overhead?

1 answer:

3 0

Volume-based rates are appropriate in situations where the incurrence of factory overhead is related to a single, common cost driver.

A volume-based totally allocation is an allocation of manufacturing facility overhead fees based on a unit of pastime, in preference to a cost. Examples of such allocation bases are the number of rectangular pictures used, the wide variety of hard work hours used, the variety of gadget hours used, and the number of devices produced.

Volume-primarily based fee drivers assign costs via the run sports simplest. the alternative sports are not noted for costing purposes due to the fact that may not be associated with the quantity of output. Ordering charges are a terrific example.

Volume settlement manner is a settlement of carriage that provides for the carriage of a specific quantity of products in a chain of shipments in the course of an agreed period of time. The specification of the quantity may consist of a minimum, a maximum, or a certain variety.

Learn more about the Volume here: brainly.com/question/13175744

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A large corporation that has its headquarters in Boston, manufacturing plants in Indonesia, and regional offices and retail stor

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Multinational company

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3 years ago

During 2018, Doug incurs the following deductible expenses:

Alexus [3.1K]

The amount of Doug's taxable income is $27,700.

Explanation:

GIVEN:

AGI = $35,000

State income taxes = $2300

Local property taxes = $3000

Medical expense = $800

Charitable contribution = $2000

Total deduction amount= State income taxes+Local property taxes+Charitable contribution

= 2300+3000+2000

= $ 7300

Total deduction amount= $7300

Taxable income= $35000- $7300

= $27,700

The amount of Doug's taxable income is $27,700.

3 0

3 years ago

On January 1, 2020, Sheffield Corp. issued ten-year bonds with a face amount of $4500000 and a stated interest rate of 8% payabl

Scorpion4ik [409]

Answer: $3,704,040

Explanation:

The issue/ selling price of a bond is calculated by the formula:

= Present value of coupon payments + Present value of face value

The coupon payments will be an annuity and in cash terms are:

= 8% * 4,500,000

= $360,000

Selling price:

= (360,000 * Present value of an ordinary annuity factor, 11%, 10 periods) + (4,500,000 * Present value discount factor, 11%, 10 periods)

= (360,000 * 5.889) + (4,500,000 * 0.352)

= $3,704,040

7 0

3 years ago

g "If the unit sales price is $16, variable costs are $4 per unit and fixed costs are $14,000, how many units must be sold to ea

lutik1710 [3]

Answer:

14,500

Explanation:

Income = Total revenue - Total cost

Total cost = total Fixed cost + Total variable cost

total Fixed cost = $14,000

Total Variable costs = variable cost per unit x quantity = $4q

Total cost = $14,000 + $4q

Total revenue = price x quantity = $16q

$160,000 = = $16q - $14,000 - $4q

$174,000 = $12q

Q = 14,500

I hope my answer helps you

4 0

3 years ago

On December 31, Sulfur Corporation has the following data available: Net Income $ 140 comma 000 Market price of one share of c

GarryVolchara [31]

Answer:

Earnings per share

= Net income - Preferred dividend

No of common stocks outstanding

= $140,000 - $40,000

300,000 shares

= $0.33 per share

Price-earnings ratio

= Market price per share

Earnings per share

= $6.00

$0.33

= 18

Explanation:

There is need to calculate earnings per share, which is net income minus preferred dividend divided by number of common stocks outstanding at the end of the year. Finally, we will calculate price-earnings ratio, which is the ratio of market price per share to earnings per share.

7 0

3 years ago