Answer:
A. $ 4,123
Explanation:
For accounting purposes we will consider as cost to ivnentory all the necessarycost incurred to get the merchandise ready for use. Therefore the returns and dsicount decrease the inventory as they weren't cost incurred.
The freight will count as necessary and incurred thus, added.
Invoice nominal 4,800
returns
4,800 x 20% = <u> (960)</u>
balance 3,840
discount 2% <u> (76.8) </u>
merchandise cost 3.763,2
freights-in <u> 360 </u>
total cost 4,123.2
Answer:
$11.1
Explanation:
We can calculate the factory overhead allocated to a unit using multiple department factory overhead rate methods with an allocation base of direct labor hours. In this method, we will divide the te total overhead cost in direct labor hours consumed in that department.
Solution
Direct Labor Overhead rate for Finishing = $550,000/500,000
Direct Labor Overhead rate for Finishing = $1.10 per hour
Direct Labor Overhead rate for Production = $400,000/80,000
Direct Labor Overhead rate for Production = $5
Overhead for DeskLamps = (Direct labor hours in Finishing x Direct Labor Overhead rate for Finishing + Direct Labor hours in Production x Direct Labor Overhead rate for Production)
Overhead for DeskLamps= (1x$1.10 + 2x$5)
Overhead for DeskLamps= $11.1
Answer: Professional benefits.
Explanation:
The illustration given in the question describes the professional benefit of listening. Cheyenne listened to her subordinates, which enabled her to identify the challenge her employees were facing and she was now able to solve the challenge, leading to a better work environment.
Answer:
The correct answer is letter "B": Depreciation reduces the book value of assets
.
Explanation:
Depreciation shows how much and the value of the assets was used up. This also aims to balance an asset's cost to the revenue that the asset has helped the business gain. Used as an income tax deduction, depreciation calculations offer businesses an annual allowance for the use and deterioration of tangible (physical) assets.
<em>Depreciation reduces the book value of assets because, after the depreciation calculation is done, the amount computed decreases the current value of the asset it represents.</em>