Answer and Explanation:
The calculation of the adjusted price that could use for these two comps in a CMA is given below:
For Comp property A, the value of the garage should be
= $452,500 + $4,500
= $457,000
And, for comp property B, the value of the pool should be
= $446,000 + $5,000
= $451,000
In this way, it should be considered
Answer:
c. make an accurate diagnosis of what is causing the problem
Explanation:
The manager of the fast-food restaurant should understand the underlying problem first. Working on the assumption that it's because of a competitor marketing campaign may not give the desired results. A customer's preference may change due to many reasons.
The manager should make an accurate diagnosis of the problem first. With a precise reason as to why customers as fleeing, then he can develop a counter-strategy. Retaining the current member of the crew will not reverse the situation. Reducing prices may affect profitability, which is not the desired result. With low prices, some customers may question the quality of the breakfast.
Answer:
1. Allocation Base
Definition: A measure that causes or influences the incurrence of a cost.
2. Direct Labor Time
Definition: A source document that shows how a worker spent time each week.
3. Ticket Indirect Costs
Definition: Costs not easily traceable to producing a product, job or service.
4. Job Coat Shoot
Definition: A detailed record of costs incurred to complete a specific job.
5. Job Order Costing
Definition: An accounting system used by companies that offer customized or unique products or services.
6. Materials Requisition Form
Definition: A form that lists the quantity of direct materials to be used in a job.
7. Overapplied Overhead
Definition: The amount of actual overhead is less than the applied overhead.
8. Underapplied Overhead
Definition: The amount of actual overhead is greater than the applied overhead.
9. Predetermined Overhead
Definition: Estimated manufacturing overhead divided by estimated cost driver.
10. Rate Process Costing
Definition: An accounting system used by companies to make standardized or homogeneous products or services.
Answer:
The correct answer for option (a) is 7.17% and for option (b) is $48,546.69.
Explanation:
According to the scenario, the given data are as follows:
(a) Present value = $3,000
Future value = $6,000
Time period = 10 years
So, we can calculate the annual rate of return by using following formula:
Rate of return = (( FV ÷ PV)^1/t -1)
= (( $6,000 ÷ $3,000)^1/10 -1)
= (2)^0.1 - 1
= 1.07177346254 - 1
= .07177 or 7.17%
(b) Present value = $12,000
Rate of interest (r) = 15%
Time period = 10 year
So, we can calculate the Future value by using following formula:
FV = PV × ( 1+r)^t
= $12,000 × ( 1 + 15%)^10
= $12,000 × 4.04555773571
= $48,546.69
Answer:
I will say c I not shore 100%
