Answer:
$3,270
Explanation:
Total machine-hours 80,000
Total fixed manufacturing overhead cost $ 624,000
Overhead absorption rate = 624,000/80,000 = $7.8
Variable manufacturing overhead per machine-hour $ 3.10
Total machine-hours 300
Fixed overheads = $7.8
Total Fixed overheads = 300 X 7.8 = $2,340
Total variable overheads = 300 X 3.1 = $930
Total overheads = $2,340 + $930 = $3,270
Answer: c). Ron should send a prospecting letter to see if there are any unadvertised openings
Explanation: Since Ron is interested at working at Gas’N’Go, but is unable to find an opening on the company Web site he should try and send a prospecting letter to see if there are any unadvertised openings. It might happen at times that companies do not post online for certain positions. but when Ron send a letter he might have a chance to get a call from them.
To estimate and control project cost within the approved budget and to achieve the stated goals of the project.
Answer:
Depreciation Expense=$7800
Explanation:
Step 1:
Calculate Net Income:
Net Income=Retained Earnings + Dividends
Net Income=$6250+$2200
Net Income=$8450
Step 2:
Calculate earnings before tax:
Earnings before tax=Net Income/(1-Tax Rate)
Earnings before tax=$8450/(1-0.35)
Earnings before tax=$13000
Step 3:
Depreciation Expense=Sales-Costs-Interest expense-Earnings before tax
Depreciation Expense=$48,000- $22,400-$4,800-$13000
Depreciation Expense=$7800