david wants to know if his company's resources are being used in the best, most productive manner in order to achieve company go
1 answer:
You might be interested in
The total of the assets in a balance sheet is equal to the summation of the owners' equity capital and the total liabilities of the firm.
<h3>What is a balance sheet?</h3>Balance sheet is the financial statement of an organization that gives the details about the financial position of the company at the end of the financial period.
In the above case, the total of the assets is $50000 and the total of the equities and liabilities tallies the amount of assets. An image for the same has been attached for better reference.
Thus, the equation of the balance sheet holds true in the case of ABC Rentals.
Learn more about balance sheet here:
#SPJ1
Given the table showing <span>next year's expected costs
and activities below:
![\begin{tabular} {|C||C|C|} & Mixing & Baking\\[1ex] Direct labor hours&411,000 DLH&91,000 DLH\\ Maching hours&811,000 MH&811,000 MH\\[1ex] Overhead costs&\$534,300&\$411,000 \end{tabular}](https://tex.z-dn.net/?f=%5Cbegin%7Btabular%7D%0A%7B%7CC%7C%7CC%7CC%7C%7D%0A%20%26%20Mixing%20%26%20Baking%5C%5C%5B1ex%5D%0ADirect%20labor%20hours%26411%2C000%20DLH%2691%2C000%20DLH%5C%5C%0AMaching%20hours%26811%2C000%20MH%26811%2C000%20MH%5C%5C%5B1ex%5D%0AOverhead%20costs%26%5C%24534%2C300%26%5C%24411%2C000%0A%5Cend%7Btabular%7D)
Pard A:
</span><span>Aztec's departmental overhead rate for the mixing department based on direct labor hours is given by the mixing department's overhead cost divided by the mixing department's direct labor hours.
Thus, </span><span>departmental overhead rate for the mixing department based on direct labor hours is given by:
Part B:
</span>Aztec's departmental overhead rate for the baking department based on direct labor hours <span>is given by the baking department's overhead cost divided by the baking department's direct labor hours.
</span><span>Thus, <span>departmental overhead rate for the baking department based on direct labor hours is given by:
Part 3:
</span></span>Aztec's departmental overhead rate for the baking department based on machine hours <span>is given by the baking department's overhead cost divided by the baking department's machine hours.
</span><span>Thus, <span>departmental overhead rate for the baking department based on machine hours is given by:
</span></span>
Pard A:
</span><span>Aztec's departmental overhead rate for the mixing department based on direct labor hours is given by the mixing department's overhead cost divided by the mixing department's direct labor hours.
Thus, </span><span>departmental overhead rate for the mixing department based on direct labor hours is given by:
Part B:
</span>Aztec's departmental overhead rate for the baking department based on direct labor hours <span>is given by the baking department's overhead cost divided by the baking department's direct labor hours.
</span><span>Thus, <span>departmental overhead rate for the baking department based on direct labor hours is given by:
Part 3:
</span></span>Aztec's departmental overhead rate for the baking department based on machine hours <span>is given by the baking department's overhead cost divided by the baking department's machine hours.
</span><span>Thus, <span>departmental overhead rate for the baking department based on machine hours is given by: