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2 years ago

If the form of a will is made orally, and written down by a witness, how is it called?

1 answer:

6 0

If the form of a will is made orally, and written down by a witness, it is called nuncupative (non-culpatory) - meaning oral or dictated; often limited to sailors or military personnel.

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A job was budgeted to require 3 hours of labor per unit at $8.00 per hour. the job consisted of 8,000 units and was completed in

kiruha [24]

The total labor cost of variance is the difference of the two presented costs. The actual cost of production is presented below,
actual cost of production = $198,000
The other cost can be calculated through the equation,
cost of production = (3 hours/labor u)(($8/unit)(8,000) = $192,000
Thus, the total labor cost variance is approximately $6,000.

5 0

2 years ago

Read 2 more answers

At year end, Tangshan China Company balance sheet showed total assets of $60 million, total liabilities (including preferred

Studentka2010 [4]

Answer:

Earnings per share

= Net income - Preferred dividend

No of common stocks outstanding

= $1,500,000 - 0

1,000,000 shares

= $1.50 per share

P/E ratio = Market price per share

Earnings per share

15 = Market price per share

$1.50

Market price per share = 15 x $1.50

= $22.50

Explanation:

In this question, there is need to calculate earnings per share by dividing net income by number of common stocks outstanding. Thereafter, we will apply P/E ratio formula, where P/E ratio and earnings per share are known. We will make market price per share the subject of the formula.

7 0

2 years ago

The managers most important food safety responsibility is training you to

Advocard [28]

There are lots of responsibilities of a manager training their employees to handle food. Such as training the employees to clean the food prep area, thoroughly cook food and store food in the right temperature, and to wash their hands as well as tie their hair back.

8 0

2 years ago

Read 2 more answers

Hibshman Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginnin

ruslelena [56]

Answer:

Estimated manufacturing overhead rate= $23.973 per machine-hour.

Explanation:

Giving the following information:

Estimated total machine-hours= 15,000

The estimated variable manufacturing overhead was $7.36 per machine-hour.

The estimated total fixed manufacturing overhead was $249,200.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= (249,200/15,000) + 7.36

Estimated manufacturing overhead rate= $23.973 per machine-hour.

8 0

2 years ago

In its third year, a project is expected to generate earnings before interest, taxes, depreciation, and amortization of $283,104

Lesechka [4]

Answer:

$195,751

Explanation:

Calculation for the project's expected operating cash flow

The first step will be to find the EBIT

using this formula

EBIT =(Earnings before interest, taxes, depreciation, and amortization -Depreciation expense)

Let plug in the formula

EBIT= 283,104 - 53,228

EBIT= 229,876

Second step is to find the NOPAT using this formula

NOPAT = EBIT(1- tax rate)

NOPAT= 229,876(1 - 0.38)

NOPAT= 142,523

Last step is to calculate for Expected Operating Cash flow

Using this formula

Operating cash flow = NOPAT + Depreciation expenses

Let plug in the formula

Operating cash flow = 142,523 + 53,228

Operating cash flow = $195,751

Therefore the project's expected operating cash flow will be $195,751

3 0

2 years ago