Answer:
reduce its cash account by $1875.
reduce its cash account by $410.
Explanation:
As for the information provided,
When we tally the cash balance with that of bank balance,
Outstanding checks which were already deducted in cash book will be added as yet outstanding and payment not made.
= + 3,025
Deposits in transit were already added in cash book, although yet not added to bank balance, thus deducted
= - 4,900
= +3,025 - 4,900 = - $1875
This means cash will be reduced by $1,875
Further NSF check is already added in cash but not yet added in bank = - $310
Further bank has deducted charges but in cash book not recorded thus it will be deducted now = - $100
= -$310 - $100 = - $410
Answer:
Allocated overhead= $30,000
Explanation:
<h3>
First, we need to calculate the plantwide predetermined overhead rate:</h3>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 80,000/16,000
Predetermined manufacturing overhead rate= $5 per <u>direct labor hour</u>
<u>Now, we can allocate overhead to Small Monitors:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Small Monitors:
Allocated overhead= 5*6,000= $30,000
For Q1, you have to set these equations equal to each other because it is asking how much of x is necessary to make the same amount of y, so:
3995 + 225.50x = 6500 + 100.25x
solve for x:, and get x=20
so 20 tons of sugar will give the companies the same cost.
For Q2: you need to plug in x=20 into either one of the original equations, and solve for y because this will give you the cost of transportation, so:
y= 3995 + 225.50(20)
y=$8,505 for the total cost
Answer: c. microeconomics.
C serve only as investors, as general partners take on all the risk and operation of the company, while limited partners invest their money, but don’t take part in the decisions of the company.
Hope this helps!