Answer:
Total overhead = = $7,500
so here correct option is E. $7,500
Explanation:
given data
production = 1,000 units
direct labor = ¼ hour @ $24 per hour
variable overhead = 75 % of direct labor
fixed overhead = $3,000
to find out
total amount of overhead
solution
we first find Direct labor that is
Direct labor = ¼ × 24
Direct labor = $6
so
Total overhead will be here
Total overhead = Variable overhead + Fixed overhead .................1
now put here value we get
Total overhead = ($6 × 75% ) × 1,000 + $3,000
so
Total overhead = = $7,500
so here correct option is E. $7,500
Answer:
Collective bargaining
Explanation:
Collective bargaining is the process in which working people, through their unions, negotiate contracts with their employers to determine their terms of employment, including pay, benefits, hours, leave, job health and safety policies, ways to balance work and family, and more.
Answer:
what Cameron's firm has done in the past.
Explanation:
Small businesses do request for loans in some cases when they aim at using borrowed funds as capital to become more profitable in their business. When such requests are made, the bank can decide to look at what has been done in the past by the firm to ascertain if they can be able to repay the loan. They usually look at the current and past loans (If any) and debts that have been incurred by the business. In some cases, they also examine the bank accounts the business won and their tax IDs, etc.
Answer:
1) cash on hand (bank) - operating acitivites 2) cash on hand (bank) - finance activities
Explanation:
Dividends received increases the amount of cash flow available. Thus on the statement of cash flows it's recorded as an inflow of cashflow under operating acitivities.
Dividends paid are viewed as financing activity and since it's an outflow of cash (money leaving the entity) it is recorded as decrease in finance activities.
Answer:
$215,000
Explanation:
Goodwill is the excess of purchase consideration over the net asset of a company. It is an intangible asset
Good will = Purchase consideration - net asset
Net assets is the difference between the company's assets and its liabilities.
Net asset = $135,000 + $275,000 + $500,000 - $655,000
= $255,000
Goodwill = $470,000 - $255,000
= $215,000
Goodwill for this transaction is $215,000.
