Because there is less abortion
Answer:B.dividing the cost budgeted for each activity pool by the estimated activity base for that pool.
Explanation: Product costing is a term used in Manufacturing to describe the process through which the total cost of Manufacturing a product is determined.
Activity based costing is a costing method that gives manufacturers the opportunity to cost the product by determining the cost of each activity involved in the Manufacturing process of that product.
ACTIVITY RATE IS EQUAL TO THE RATIO OF BUDGETED ACTIVITY COST OF THE COST POOL AND THE ESTIMATED OR BUDGETED ACTIVITY BASE OF THE COST POOL.
Answer:
The partners' capital statement is hereby attached.
Explanation:
I started with opening capital balance ,then added each partner's share of profit for the year and finally I deducted the drawings by partners in the year to arrive at closing capital account balance.
Answer:
Total number of units produced for the period = 662 units
Explanation:
Total manufacturing cost = (Fixed overhead cost) + (Total direct labour cost) + (Total materials cost) + (Total Variable overhead cost)
Let the number of units produced be Q
Total manufacturing cost = $160705
Fixed overhead cost = $58000
Total direct labour cost = cost of direct labour per hour × number of direct labour hours = 2.7 × 13100 = $35370
Total direct materials cost = Direct material cost per unit × number of units produced = 75 × Q
Total variable overhead cost = 50% of total labour cost = 50% of 35370 = $17685
160705 = 58000 + 35370 + 75Q + 17685
75Q = 160705 - 58000 - 35370 - 17685
75Q = 49650
Q = 662 units
In this context, None of the given options is the formula to derive the earnings per share.
The Earnings per share refers to the portion of a firm's profit allocated to each outstanding share of common stock.
- The formula for deriving EPS in a company with preferred & common stock is <em>[[Net income - Preferred dividends) / Average outstanding common shares}</em>
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Therefore, the Option E is correct.
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