Answer:
C. $148,350
Explanation:
Actual Overhead $143,350
Less: Underapplied Overhead <u>$18,220</u>
Total Overhead applied $125,130
Actual Direct labor hours = 9700 hours
Overhead rate = Total Overhead applied / Actual Direct labor hours
Overhead rate = $125,130 / 9700 hours
Overhead rate = $12.90 per hour
Estimated Direct Labor hours = 11,500 hours
Estimated Manufacturing Overhead at the beginning = Estimated Direct Labor hours * Overhead rate
Estimated Manufacturing Overhead at the beginning = 11,500 hours * $12.90 per hour
Estimated Manufacturing Overhead at the beginning = $148,350
Answer:
D. $210 million
Explanation:
Data given
Decrease in deferred tax assets = $30
Increase in deferred tax liabilities = $60
Taxable income = $300
Tax rate = 40%
The computation of total income tax expense is given below:-
Income tax Payable = $300 × 40%
= $120
Total income tax expenses = Income tax Payable + Decrease in deferred tax assets + Increase in deferred tax liabilities
= $120 + $30 million + $60 million
= $210 million
So, for computing the total income tax expense we simply applied the above formula.
The types of companies that make particularly attractive acquisition targets would be financially distressed companies with good turnaround potential, undervalued companies that can be acquired at a bargain price, and companies that have bright growth prospects but are short on investment capital.
Acquisition Target
Target acquisition is the detection and identification of a target's position in sufficient detail to allow the efficient use of lethal and non-lethal measures. The phrase refers to a wide range of uses.
A "target" is an entity or object that is being considered for possible engagement or other action (see Targeting). Targets include mobile and stationary units, forces, equipment, capabilities, facilities, people, and functions that an enemy commander can utilise to execute operations. It could include things like target acquisition, joint targeting, or information operations.
Know more about Acquisition Target with the help of the given link:
brainly.com/question/23160064
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Answer:
1. This firm have the profit maximizing output level of 1400 units because a firm in any industry will maximize profit where MR=MC. Here MR is equal to MC at the output level of 1400. So profit maximizing level of output is 1400 units.
2. Economic profit = Total revenue - total cost.
Where, Total revenue = Quantity * price
= 1400 * 7
= $9,800
Total variable cost = AVC * quantity
= 6.50 *1400
= $9,100
Total fixed cost = AFC * quantity
= 0.80 * 1400
= $1,120
Economic profit = Total revenue - Total variable cost - Total fixed cost
Economic profit = $9,800 - $9,100 - $1,120
Economic profit = -$420
. The firm is having economic loss equal to 420.
Conclusion: This firm is facing economic loss in its output.
