Answer:
The correct answer is A.
Explanation:
Giving the following information:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Receiving provides 12,000 receiving hours and costs $60,000 per year.
Estimated manufacturing overhead rate= 60,000/12,000= $5 per hour
Answer:
It will be a net gain for 6,325.2 after taxes
Explanation:
Bases on the MACRS at the end of the third year. we will have a book value of 7.41% Remember that under MACRS we have a half year convention so we depreciate for half a year on the assets first year. given a total year of useful life + 1
40,000 x 7.41% = 2.964
sales price: 12,000
we will pay taxes for the difference:
12,000 - 2,964 = 9.036
9036 x (1 - 30%) = 6.325,2
Answer:
Explanation:
Functional level strategies can improve a company’s ability to attain superior efficiency, quality, innovation, and customer responsiveness by reducing costs and improving production by ways such as economies of scale, learning effects, marketing strategies or efficient information technologies.
Answer:
1) current ratio = current assets / current liabilities
current assets include cash + accounts receivable + prepaid expenses + inventory
current liabilities include liabilities and equity amounts payable
- current ratio 2015 = ($34,254 + $45,211 + $49,629 + $3,960) / $47,057 = 2.83
- current ratio 2016 = ($32,545 + $58,094 + $76,014 + $8,629) / $67,377 = 2.60
- current ratio 2017 = ($27,286 + $79,083 + $98,417 + $9,056) / $119,855 = 1.78
2) acid test ratio = (current assets - inventory) / current liabilities
- acid test ratio 2015 = ($34,254 + $45,211 + $3,960) / $47,057 = 1.77
- acid test ratio 2016 = ($32,545 + $58,094 + $8,629) / $67,377 = 1.47
- acid test ratio 2017 = ($27,286 + $79,083 + $9,056) / $119,855 = 0.96
