Answer:
b) straight line depreciation on factory equipment
Explanation:
The other three cost components are directly related to the level of production.
Wages of the assembly works increases with the level of production.
Direct materials also moves with the level of production
Electricity consumption is also linked to the level of production.
The depreciation on factory equipment on straight line method is not dependent on level of production. Even if there is no production the depreciation has to be charged
Answer: =(B2+1.5)*(B3+1.5)*(B4+1.5)*(B5*1.5)
Explanation: my guess
Answer:
a. Domestic producers require time to gain experience and lower their unit costs; this will allow these producers to compete successfully in international markets.
Explanation:
According to the infant-industry theory, new industries in emerging and developing economies need protection for unfair competition from industries in advanced economies. The new industries need time to grow and develop economies of scale that can match those from more developed economies.
Economists describe infant industries as those in their early stages of development and, as such, cannot compete favorably with established rivals. Proponents of Infant-economies protection argue that infant industries need protection from international competitors capable of flooding domestic markets with cheaper goods. Protection assist infant industries to mature and develop economies of scale.
Answer:
a) <u>Direct labor rate variance </u>
=5000*(22.75-24)
=-$6250 Favorable
<u>Direct labor time variance</u>
=24*(5000-800*6)
=$4800 Unfavorable
<u>Total Direct labor cost variance</u>
=(5000*22.75)-(800*6*24)
=-$1450 Favorable
b) Direct labor debited to Work in process
=800*6*24
=115200
Answer:
..................................................Vaughn Manufacturing.......................................
Cash flows from operating activities 2017
Net Income.........................................................................$1,500,000
Adjustments to reconcile net income to Net Cash provided by Operating Activities
Add Decrease in Accounts Receivable .........$343,900
Less Decrease in Accounts Payable.............$(282,900)
Add Depreciation.............................................$153,000....$214,000
Net cash provided by Operating Activities........................$1,714,000
