a paid occupation, especially one that involves prolonged training and a formal qualification.
Answer:
<u>income statement for the year ended </u>
investment income $48,000
Intergoverment grant 8,000
Net increase in fair value of investemnt <u> 2,000</u>
Total Income 58,000
Expenditure - Subscription <u>(39,500)</u>
Net income <u>18,500</u>
<u />
Balance sheet as at the year end
Asset
cash $8,500
Investment 518,000
Accrued interest receivable <u> 2,000</u>
<u> 528,500</u>
Additional to permanent endowments 510,000
Net Income <u> 18,500</u>
<u> 528,500</u>
Explanation:
Answer:
Allocated MOH= $120,400
Explanation:
Giving the following information:
The following fixed overhead data relates to March:
Actual 41,000 units 6,020 hours $125,500
Static Budget 39,000 units 5,850 hours $117,000
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 117,000/ 5850= $20 per hour
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 20* 6,020= $120,400
C. Francois Couperin was considered one of the best and most influential rococo composers.