Answer:
b. $23,350
Explanation:
The computation of final balance in fatal work-in-process inventory is presented with the help of spreadsheet as attached below:-
The formula is presented below:-
Amount of Over-allocated Overheads = Percentage of overhead applied × Over-allocated Overheads
Account Balance after = Account Balance before - Amount of Over-allocated Overheads
Therefore the correct answer is b. that is $23,350
Answer: 50% chance of success.
Explanation:
A high achievers most times isn't very sure of the outcome of an event, but when there is 50% chance of him achieving his goal, he takes the move and ensures to give in his best while hoping for the best. The ability to take a risk in the midst of uncertainty separates a low achiever from a high achiever. As high achievers are able to take wise risks when the need demands.
Answer: $3 million
<span>Opportunity cost is the cost of choosing one alternative (10% rate of interest in the bank) over another ($2 million in accounting profit) and missing the benefit offered by the forgone opportunity. Opportunity cost is the benefit that the manufacturer could have received, if he will invest in the bank but gave up, to produce pencils instead. In this case, it is 10% of $30 million which is $3 million.</span>
Answer:
$31,250.
Explanation:
(100,000 + 15,000 + 3,000 + 12,000 - 25,000 + 105,000) * 25% + 5,000 = 31,250