Answer:
a) Predetermine overhead rate = 1710000/95000 = 18 per machine hour
Applied overhead = 18*75000 = 1350000
Under applied overhead = 1687500-1350000 = 337500
b) Cost of godos sold allocated amount of under applied overhead if fully allocated on cost of goods sold = 337500
Cost of goods sold allocated amount of under applied overhead if allocated on appropriate accounts = 337500*759375/1350000 = 189843.75
Difference in net income = 337500-189843.75 = 147656.25
Answer: Option (A)
Explanation:
Here, in this particular scenario the given question is an example of an <em>open-ended question</em>. Therefore, from given options the correct option is (A). Under this particular case, the question that is asked is mostly subjective i.e. What does an individual least likes about shopping for a textbook. Open-ended questions are also known to as questions whose response cannot be yes or no.
Gymnasticts this is my answer to you
Answer:
The maximum to be paid= $84,260.023
Explanation:
<em>The maximum amount to be paid is the present value of the series of annual cash inflow discounted at the opportunity cost rate of 4% per annum.</em>
<em>This is given in the relationship below:</em>
PV = A ×( 1- (1+r)^(-n))/r )
A- annual amount receivable- 6,200. r-rate of return - 4%, n-number of years- 20
PV = 6,200 × ( 1 - (1+0.04)^(-20)/0.04)
= 6,200 × 13.5903
= $84,260.023
The maximum to be paid= $84,260.023
Answer:
21.08 times
Explanation:
Calculation to determine the cash coverage ratio for 2017
Using this formula
Cash coverage ratio=(Earnings before interest and taxes+Depreciation)/Interest paid
Let plug in the formula
Cash coverage ratio= ($1,640+$320)/$93
Cash coverage ratio=$1,960/$93
Cash coverage ratio = 21.08 times
Therefore the cash coverage ratio for 2017 is 21.08 times
