Answer:
Explanation:
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Answer:
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Answer:
2014 36,000
205: 24,000
Explanation:
500,000 x 12% = 60,000 construction realted per year
Capitalize:
timeline:
<--/--/--/--/--/--/--/--/--/--/--/--/-->
each month the company is doing an spending related to the construction. We must capitalize based on the amount investment.
The first month capitalize throught the whole year,
the second month 11 months
the third for 10 months and so on.
Therefore, the capitalize amount will be half of the cost of the year
2014: interest capitalized through the cost of construction
600,000/2 x 12% = 36,000
400,000/2 x 12% = 24,000
That's the maximum amount we can capitalize for construction.
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Standard Hours= 0.2 hours
Standard Rate= $11.00
Actual output of 3,500 units
Actual direct labor-hours 530 hours
To calculate the direct labor efficiency variance, we need to use the following formula:
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
Standard quantity= 0.2 hours*3,500 units= 700 hours
Direct labor time (efficiency) variance= (700 - 530)*11= $1,870 favorable
It is favorable because a lower number of hours were required to make 3,500 units than estimated.
Insurance companies collect and hold a customer's premiums and pay claims from that money in the event that the customer has a loss.
<h3>What is insurance?</h3>
Insurance involves securing an item against accident or any damages.
An individual can insure properties such as Land, building or Life by paying certain amount of money which serves a premium.
Therefore, insurance companies collect and hold a customer's premiums and pay claims from that money in the event that the customer has a loss.
Learn more on insurance below,
brainly.com/question/25855858
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