Answer:
$119,400
Explanation:
The computation of the net income that should be distributed to Emmett is as follows:
<u>Particulars Emmett Sierra Total</u>
Net income $200,000
Salary $48,000 ($48,000)
Balance left $152,000
Interest at 8% $2,000 $11,200 ($13,200)
($25,000 × 8%) ($140,000 × 8%)
Balance left $138,800
Balance allocation $69,400 $69,400
Share of profit $119,400 $80,600
Answer:B. overhead applied to the job
Explanation:Applied overhead is the amount of overhead that has been applied to a cost object, in a well performing large business, an applied overhead of 35% of total revenue is considered to be favourable.
The major reason which causes Organisations to make use of a predetermined overhead rate is to assign manufacturing overhead costs to jobs based on certain Regular activities, these activities are; direct labor work hours, machine run time( in hours), or direct labor costs etc.
Answer:
Yes the inspector should be hired
Explanation:
Defective average = 0.03
inspection rate = 30 per hour
Cost of inspector = 8 per hour
Correction cost is $10 each
No inspection = 9/30
= 0.300
Inspector = 8/30
= 2.67
Yes the inspector should be hired
Monetary policy is policy set by the government to influence the amount of money and credit available in the economy
The Fed Reserve Bank controls interest rates and inflation rates to help encourage spending or borrowing and saving. Usually they will lower interest rates if they want to encourage spending and they will raise them if they want people to save more.
Answer:
The correct option is B)
Explanation:
According to the CFA Institute, when there is a clash between personal interests and official duties, then there is a conflict of interest.
Standard 4 requires that members and candidates of CFA must disclose any potential clash between personal interest and those of their clients and employers etc.
This rule serves to shield employers from any unknown variance of interest that has the potential to result in unethical decisions.
When a family or friend is involved, the potential for conflicting interest may arise and should be reported.
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