Answer:
The correct answer is $33,880.
Explanation:
According to the scenario, the given data are as follows:
Direct labor = $5.60 per unit
Actual level of Activity = 6,050
So, we can calculate the direct labor in planning budget by using following formula:
Direct labor in planning budget = Actual level of Activity × Direct labor
By putting the value, we get
Direct labor in planning budget = 6,050 × $5.60
= $33,880
Hence, The direct labor in the planning budget for May would be closest to $33,880.
Answer:
Option (B) $5,000
Explanation:
Data provided in the question:
Repayment of Loan = $50,000
Interest = 8%
Cash flow Probability
$65,000 70%
$45,000 30%
Tax rate = 0%
Now,
Interest on loan = 8% of $50,000
= $4,000
Expected value of cash flow = ∑[cash flow × Probability ]
= ( 0.7 × $65,000 ) + ( 0.3 × $45,000 )
= $45,500 + $13,500
= $59,000
The owner's expected cash flow after debt service
= Expected value of cash flow - Interest on loan - Repayment of Loan
= $59,000 - $4,000 - $50,000
= $5,000
Hence,
Option (B) $5,000
Answer:
The answer is: $113,000
Explanation:
By 2020, Phillips Company had already amortized $22,000 of the patent expenses (2 years x [10% x ($100,000 + $10,000)]). Since it lost its patent defense in 2020, it will now have to write off $113,000 ($88,000 pending amortization + $25,000 in legal fees) for the adjustment of its 2018 income.
Answer:
A net cash outflow or cash used up of $20,000
Explanation:
The statement of cash flows show the movement in cash balances between the start and end of an accounting period. This movement is as a result of 3 groups of activities namely; operating, investing and financing activities.
Cash activities related to elements of working capital are recognized in the operating section. An increase in a current asset other than cash is treated as an out flow of cash while an increase in a current liability is treated as an inflow of cash and vice versa.
Hence the net effect on cash from operations under the indirect method
= -$43,000 + $23,000
= -$20,000
A student lost group health care coverage under his or her parent's employer group plan due to the parent leaving the job is<u> eligible to continue.</u>
A worker organization is a subdivision of a personnel Subarea that determines blessings based on hours labored. A worker Subgroup is a subdivision of a worker organization, that defines eligibility for pay rates; for instance, positive activity families which have unique weekday and weekend alternatives. employee agencies.
The organizations exist to provide help and help in non-public or career development and to create a secure area in which employees can convey their whole selves to the table.
Allies can also be invited to join the ERG to help their colleagues. today, in line with TopMBA, ERGs are determined in 90% of Fortune 500 coIn a piece group, group individuals are unbiased from each other and feature personal responsibility. however, in a group, group members share mutual accountability and paint carefully together to clear up problems.
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