Answer:
<u>Income Statement for the Current Year under Variable Costing</u>
Sales (825 × $1,075) $886,875
Less Cost of Sales
Opening Stock $0
Add Cost of Goods Manufactured ( 1075 × $400) $430,000
Less Closing Inventory (250 × $400) ($100,000) ($330,000)
Contribution $556,875
Less Expenses :
Fixed Manufacturing Overheads ($107,500)
Selling and administrative expense : Variable ($75,000)
Selling and administrative expense : Fixed ($135,000)
Net Income / (Loss) $239,375
Explanation:
Under variable costing, only variable costs of production are included in cost of goods sold. Both the Non - Production and Fixed Production Costs are treated as Period Cost Expensed during the year.
Answer:
task interdependence is the correct answer.
Explanation:
The degree to which team members interact with and rely on other team members for the information, materials, and resources needed to accomplish work for the team is known as task interdependence.
The goal of task interdependence is to alleviate the problems that arise when various assignments overlap and become the potential for disagreement.
Task interdependence within the team is an extent where the team members should communicate with each other to achieve their responsibilities and tasks.
Knowledge of task interdependence benefits company owners grasps how various branches and team members depend on the performance of each other.
Answer:
Predetermined manufacturing overhead rate= $14.8 per machine hour
Explanation:
Giving the following information:
Factory 1
Estimated factory overhead= $18,500,000
Estimated machine hours for year 1,250,000
T<u>o calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 18,500,000/1,250,000
Predetermined manufacturing overhead rate= $14.8 per machine hour
Answer:
You are part of the internal segment of the supply chain, and the metal company is part of the upstream supply chain.
The internal supply chain relates to processes within the company, and the upstream supply chain refers to the supply of raw materials and other input to be made into output in the company.
If a car-building company in Texas imports steel from Wisconsin, then, the providers in Wisconsin are the upstream supply chain.
Answer:
The cost of equity= 11.21%
Explanation:
VL=Value UnLevered + Debt*Tax Rate =EBIT*(1-Tax Rate)/Unlevered Cost of Capital +Tax *Debt
=1900*(1-34%)/10.3%+34%*4000
=13534.76
Value of equity = $13,534.76 – 4,000 =9434.757
Cost of Equity = Cost of Unlevered Equity +(Debt/Equity)*(1-Tax Rate)*(Cost of Unlevered Equity-Cost of Debt)
=10.30%+(4000/9434.757)*(1-34%)*(10.3%-7%)
=11.21%