Answer:
the overhead rate is $50 per machine hour
Explanation:
The computation of the overhead rate is shown below:
Predetermined overhead rate
= Estimated total Overhead ÷ Estimated total machine hour
= $10,000,000 ÷ 200,000 hours
= $50 per machine hour
hence, the overhead rate is $50 per machine hour
The same should be considered and relevant
The net asset would be $81,000 or $0 depending upon the policy of the Non-Profit Organization.
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What is a Non-Profit Organization?</u></h3>
- A non-profit organization is a group that was established with the intention of making a profit, and in which no part of the organization's revenue is given to its directors, officials, or members.
- "Non-stock corporations" are a common moniker for nonprofit organizations.
- They may be organized as a corporation, a sole proprietorship, an unincorporated association, a partnership, a foundation, a condominium, or another type of individual enterprise (for instance, individual charitable contributions) (joint ownership of common areas by owners of adjacent individual units incorporated under state condominium acts).
- When they are established, nonprofit organizations must declare themselves to be so and are only allowed to work on projects that fall under their legal definition.
The value of the equipment given by the donor = $90,000
The charge of depreciation = $9,000.
The total assets of a business less the total liabilities equals the entity's net assets. The sum of a company's net assets equals its stockholders' equity in whole. Net assets are divided into unrestricted and restricted net assets of a nonprofit organization.
The net asset would be either $81,000 or $0.
Know more about Non-Profit Organization with the help of the given link:
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Set specific, challenging, and reachable goals for the team. In addition, goal setting is the procedure of classifying to some degree that a team want to achieve and founding quantifiable goals and timeframes. When the team decide on a technique change to win the game in which this is an example of goal setting.
Difference between the Us Dollar. 1 US dollar is .86 Euro
Answer:
The Number of cycles is 4
Product Daily Quantity Daily Unit per cycle
A 18 18/4 = 4.5 units
B 16 16/4 = 4 units
C 4 4/4 = 1 unit
D 16 16/4 = 4 units
