Answer:
Total Cost of the Job $
Direct materials 480
Direct labour 150
Additional labour 100
Applied overhead 600
Total cost 1,330
The total amount to be transferred to finished goods inventory in November is $1,330.
Explanation:
The total cost of the job is the total of direct material, direct labour, additional labour and manufacturing overhead applied. The additional labour cost is considered because it is required to complete the job.
Answer: Limited Liability
Explanation: Business owners' liability for debts is restricted to the amount they put into the business.
Answer:
False
Explanation:
In an enterprise-class database system, business users can not interact directly with the DBMS, which directly accesses the database data
Answer:
9.635%
Explanation:
We shall use a table to compute different values as shown below.
<u>Investment</u> <u>Return</u> <u>Taxable amount</u> <u>Tax Rate</u> <u>After-tax return</u>
Dividend 9.8% 30% (n1) 18% 9.2708% (w1)
Municipal bond 8.8% 0% 18% 8.8%
Corporate bond 11.75% 100% 18% 9.635% (w2)
The after tax return with on the best investment alternative is 9.635% for corporate bonds
<u>Workings</u>:
W1
9.8 *0.3*0.18 = 0.5292%
Return after tax = 9.8% -0.5292% = 9.2708%
w2
18.75*0.18 =2.115%
Return after tax = 11.75% -2.115% = 9.635%
<u>Notes:</u>
n1 : 70% of the dividends are excluded from taxation. Only 30% is to be taxed
Answer:
Any help
Explanation:
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