Answer:
C) laissez-faire
Explanation:
Laissez-faire refers to a concept of letting people do as they want. If a leadership style follows the laissez-faire doctrine then the leader (supervisor, manager) will let his staff or employees set their own goals, rules and make their own decisions about what to do.
Transformational leadership style requires the leader (supervisor, manager) to work with his team to set goals, rules and strategies, and execute all necessary actions to achieve them.
Answer:
The depreciation expense for the second year will be $108000
Explanation:
The double declining balance method is an accelerated form of depreciation that charges a rate that is double of the straight line depreciation rate. The formula for depreciation under double declining balance method is,
Depreciation expense = 2 * SLDR * BV
Where,
- SLDR is the straight line depreciation rate
- BV is the book value at the start of the period
The straight line depreciation rate = 100% / 5 = 20% or 0.2
<u>Depreciation expense under Double Declining method</u>
First Year = 2 * 0.2 * 450000 = $180000
Carrying value after Year 1 = 450000 - 180000 = $270000
Second Year = 2 * 0.2 * 270000 = $108000
Carrying value after Year 2 = 270000 - 108000 = $162000
Answer: $7,800
Explanation:
The amount that the company needs to borrow can be found using the formula:
= Opening balance + Cash receipts - Cash to be maintained - Cash disbursement
= 44,000 + 174,000 - 25,000 - 200,800
= -$7,800
Amount to be borrowed is the shortfall of $7,800
Answer:
budgeted manufacturing overhead=$2871
Explanation:
Direct labour hours= budgeted production × standard hours per unit
= 870× 1/4 hour=217.5 hours
Direct labour cost = 217.5
× $12 =$2610
Manufacturing overhead = Overhead absorption rate × direct labour cost
= 110%×2610
=2,871
Budgeted manufacturing overhead=$2871
Answer:
the initial cost of the equipment is $51,900
Explanation:
The computation of the initial cost of the equipment is as follows:
= Purchase price + freight + installation + testing
= $43,000 + $2,300 + $3,800 + $2,800
= $51,900
Hence, the initial cost of the equipment is $51,900
By applying the above formula we can easily calculate it