Answer:
Therefore Expected Value of the information = $65,000+$62,000 - $10,000 = $117,000
Explanation:
If the market research survey is available for $10,000.
Using a decision tree analysis, it has been found that the expected monetary value with the survey is $65,000. The expected monetary value with no survey is $62,000.
<u>Then the expected value of the information from this sample is the expected value of each outcome and deducting the costs associated with the decision</u>
Therefore Expected Value of the information = $65,000+$62,000 - $10,000 = $117,000
<h3>Hello there!</h3>
Your question asks what order does a activity-based costing system work by.
<h3>Answer: b, c, a, d</h3>
The order:
1. b). Identify activities and estimate their total indirect costs.
2. c). Identify the allocation base for each activity and estimate the total quantity of each allocation base.
3. a). Compute the predetermined overhead allocation rate for each activity.
4. d). Allocate indirect costs to the cost object.
The reason why the answer choice "b, c, a, d" is the correct answer because that's the correct order for the activity-based costing system.
The activity-based costing system first identifies the activities that are going on and find the indirect cost, then identifies the allocation base for the activities that are occurring to find the quantity of the allocation base, then solve the pre-determined rate of allocation for each activity, and finally get the indirect cost for the object.
<h3>I hope this helps!</h3><h3>Best regards,</h3><h3>MasterInvestor</h3>
Answer:
b. $78,500
Explanation:
Assets
Equipment $65,000
Cash $12,000
Supplies $4,500
Prepaid rent <u>$2,000</u>
Total Assets <u>$83,500</u>
Equity and Liabilities
Common stock $68,000
Retained earnings <u>$10,500</u>
Total Equity $78,500
Accounts payable <u>$5,000</u>
Total Equity and Liability <u>$83,500</u>
*<u>Working</u>
Net Profit = Service revenue - Salaries Expenses - Miscellaneous expenses
Net Profit = $30,000 - $4,500 - $20,000 = $5,500
Total retained Earning = $8,000 + $5,500 - $3,000 = $10,500
Answer:
A $1,300 Credit to Paid in Capital in excess of par Common stock.
Explanation:
Common Stock value=Shares* Par value per share
Common Stock=100*$5
Common Stock=$500.
First we will prepare journal Entry:
Account Debit Credit
Organization Expense $1,800
Common Stock $500
Paid in Capital in excess $1,300
of par Common stock.
So Correct option is:
A $1,300 Credit to Paid in Capital in excess of par Common stock.
Answer:
The correct answer is d. property could bring prestige, and prestige could bring property.
Explanation:
The textual definition of Weber is the following: "The set of probabilities is inherited property appropriated by an individual or a community or a society; being free property in the event that it is disposable" (Weber, 1922: 36)
.
The "stratum" is the conglomerate of individuals who occupy a similar position in the hierarchy of prestige of a society. These men have a very weak and relative community of culture and gender of life and can hardly become the support of a common conscience and action. The "class" is instead a totality, a group, which is characterized above all by conscience, will and action (organization, party)
