Popularly called the Land of Abundance, the szechuan(Sichuan province) benefits from good fertile land and a host of favorable natural conditions which boosts crop yield, hence being able to grow all year long.
- The Szechuan province accounts for a large percentage of china's agricultural crop produce.
- The temperature of the province is favorable, having a good fertile land and a humid subtropical climate.
- Crops such as a maize, wheat, rice, corn watermelon and other fruits are grown yearly.
Therefore, The growing period of the szechuan province is longer than most other provinces In China.
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Question
The question is incomplete, hence the tutor added a piece of information
The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $14 per machine-hour. What amount would be
Assuming the actual machine hours worked is 3,500
<em>Note the actual machine was added by the tutor</em>
Answer:
Applied overhead =$49,000
Explanation:
<em>Overheads are charged to units produced by the means of an estimated overhead absorption rate. This rate is computed using budgeted overhead and budgeted activity level. </em>
<em>Pre-determined overhead absorption rate (POAR) = Budgeted overhead/Budgeted machine hours</em>
The POAR is given as $14 per machine hour
Applied (absorbed) overhead = POAR × Actual machine hours
Applied overhead = $14 × 3,500 =$49000
Applied overhead =$49,000
Answer:
The correct answer to the given question is Relevant range.
Explanation:
Relevant range , in accounting , can be defined as that amount of activity or range of volume where company's fixed expenses would not differ as the volume of activity changes. This term has relevance with the fixed cost, as if a company's volume decreases then company would try to decrease their fixed cost and similarly if the volume increases the company's fixed expenses would also increase.
Answer:
$20,000
Explanation:
For computing the Doug withdrawal amount, first, we have to compute the net income or net loss which is shown below:
Net income/loss = Revenue - expense
= $350,000 - $380,000
= -$30,000
Now Doug share in net loss = Net loss × (his share ÷ total share)
= - $30,000 × (2 ÷ 6)
= - $10,000
We knew that the Doug capital is $30,000 and his share in loss is $10,000
So, its withdrawal amount = $30,000 - $10,000 = $20,000
The correct statement is Inflation is problematic if unexpected
Money loses purchasing power during inflation and there's too much of it.
