Answer:
25%
Explanation:
Given that,
Direct labor = $468,000
Direct materials = $390,000
Factory overhead = $117,000
The overhead rate as a percent of direct labor cost is determined by dividing the factory overhead by the direct labor cost.
Overhead rate:
= (Factory overhead ÷ Direct labor cost) × 100
= ($117,000 ÷ $468,000) × 100
= 0.25 × 100
= 25%
Answer:
$700,000
Explanation:
Data provided in the question
Sales price of the home = $960,000
Cost price of the home = $260,000
Based on the above information,
The computation of the amount of gain included in gross income is shown below:
= Selling price of the home - cost price of the home
= $960,000 - $260,000
= $700,000
Hence, the amount of gain i.e $700,000 is included in the gross income
Answer and Explanation:
The computation of the cost of the finished goods inventory reported is as follows:
Absorption costing is
= ($30 + $18 + $22 + $14) × 21,500 units
= $1,806,000
And,
Variable costing is
= ($30 + $18 + 14) × 21,500
= $1,333,000
In this way the cost of the finished goods inventory should be determined
Answer:
City X has a linear model of production.
Explanation:
First of all, City X does not provide a sustainable and stable ecosystem. It continuously brings resources from the outside and returns waste to the outside. City X's ecosystem is basically a one way drain pouring waste and pollutants on the environment.
This is an increasing tendency that affects the whole world. In 2009, for the first time in human history, more people live in cities than on rural areas. That has increased the amount of resources that cities need to survive, specially in very densely populated areas. And on the other hand, it has increased the amount of wastes produced by large cities that must be disposed somewhere else.
Answer: c
As store shrinkage is the loss of inventory that can be attributed to factors such as employee theft, shoplifting, administrative error, vendor fraud, damage, and cashier error, Karan would have to make sure there is enough products and keep track of the sales/stocks. Thus, I believe that it would be c, so Karan can keep track of the monthly sales. Feel free to let me know if I'm wrong!