Answer:
C) USD 8,000
Explanation:
Excess credits can be transferred back one year and can be moved ten years, or a sum of 11 (eleven) years. The credits that are anticipated to be not used are USD 16,000 So,
= ((USD 30,000 - (USD 2,000 × 11)).
= USD 8000/-
Answer:
$15,700
Explanation:
The computation of the net profit after taxes is shown below:
Sales revenue $125,000
Less: Cost of goods sold - -$42,300
Gross profit $82,700
Less: Operating expenses
One time part assistant $52,000
Administrative expenses $400
Utilities expenses $900
Total operating expenses -$53,300
Net Profit before tax $29,400
Less: income tax expense -$13,700
Net profit after tax $15,700
Proration occurs because it is impossible to accurately estimate the future overhead costs and production activity; it is either the overhead is over applied or under applied. The variance will have to be adjusted for at the end of the financial year.
Answer: D) economies of scale.
Explanation:
Economies of scale refers to when an entity is able to reduce its total costs as quantities of the good causing the costs increase.
Financial Intermediaries such as Commercial banks, Mutual funds, Investment banks etcetera have a lot of funds available for trade which they use to execute large trades. As a result, the costs on average are lower or them per transaction as opposed to traders executing with lower volumes. For example, when purchasing shares they will be able to negotiate better fees with stockbrokers because they are buying a lot of shares as opposed a single buyer trading.
The answer would be a general ledger
