Answer: Option (A) is correct.
Explanation:
Given that,
overhead to each unit produced = $7.50
Department 1:
Manufacturing overhead costs = $74,358
Direct labor hours (DLH) = 6,610
Machine hours = 700 MH
Department 2 :
Manufacturing overhead costs = $49,572
Machine hours = 800 MH
Total Overheads = Manufacturing overhead cost of department 1 + Manufacturing overhead cost of department 2
= $74,358 + $49,572
= $123,930
Total Direct Labor Hours:
= 16,524
Direct Labor Hours for Department 2:
= Total Direct Labor Hours - Direct labor hours of department 1
= 16,524 - 6,610
= 9,914 DLH
Answer:
1. Accounts receivable
2. Notes receivable
3. Other receivable
Explanation:
Sold merchandise on account for $64,000 to a customer - Accounts receivable. Since the merchandise is sold on credit to a customer, the same is recorded in the current assets of the balance sheet as accounts receivable.
Received a promissory note of $57,000 for services performed - Notes receivable. Since the promissory note is received for service performed which we term as a note receivable. This also come under the current assets of the balance sheet
Advanced $10,000 to an employee - Other receivables - As an advance is given to an employee neither is an account receivable nor it notes receivable. So, it is term as an other receivable
Answer:
Increasing dividends may not always increase the stock price, because less earnings may be invested back into the firm and that impedes growth.
Explanation:
if increasing dividends results in the company not having enough funds for reinvestment, then value of the company may go down, since value of a stock is the present value of all expected cash-flows from holding the stock. But, if the company is paying dividend from free cash flows, then the payment of the dividend will not negatively affect the value of the stock.
In summary, paying a dividend will not always increase the stock price, and will not always decrease the stock price.
A temporary work authority is granted and valid up to<u> 60 </u>days after being issued.
Ultimate Work Authority (UWA) means the authority assigned to an individual or position to make final decisions regarding the activities and operations of a facility.
Stop Work Authority program is a safety-based process. Give employees permission to stop work in situations that could lead to accidents or injuries. For example, an employee may stop working if Dangerous conditions. An unsafe action occurs.
A Stop Work Authority (SWA) is best viewed as a safety policy or procedure that empowers and empowers employees to stop actions or conditions they deem unsafe. The goal of such a plan is to encourage employees to speak up when they see a potentially vulnerable situation looming, without fear of reprisal.
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Answer: True
Explanation: The above statement relates to the importance of logic studying in day to day life and the value of critical thinking in making decisions affecting one's personal and professional life.
An individual having ability to think logically and construct good arguments can have strong impacts on others around him or her by showing an attractive and strong personality.
Thus, from the above points we can conclude that the given statement is true.
