Answer: $250,000
Explanation:
Depreciation expense using the unit of production method:
[(Actual cost - Salvage value) / total estimated productive capacity] × actual productive capacity
$800,000 - $25000 / 31,000 = 25
25 × 10,000 = $250,000
Answer:
Results are below.
Explanation:
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 405,000 / 220,000
Predetermined manufacturing overhead rate= $1.841 per DLH
<u>Now, we can allocate overhead:</u>
<u></u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 1.841*202,000
Allocated MOH= $371,882
<u>Finally, the over/under allocation:</u>
Under/over applied overhead= real overhead - allocated overhead
Under/over applied overhead= 380,000 - 371,882
Underapplied overhead= $8,118
The money multiplier concept is an important tool for both expansionary and contractionary monetary policies for any central bank such as the U.S. Federal Reserve Bank.
<h3>What is the money multiplier concept?</h3>
The money multiplier concept describes the quantity of money created by banks through the interaction of bank deposits and reserve ratios.
When the U.S. Federal Reserve wants to increase the money supply, it reduces the reserve ratio and vice versa.
Thus, the money multiplier concept is an important tool for both expansionary and contractionary monetary policies for any central bank such as the U.S. Federal Reserve Bank.
Learn more about the money multiplier concept at brainly.com/question/16777479 and brainly.com/question/27464330
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Answer:
77.27% or
(17/22)%
The loan will accepted
Explanation:
property value 550,000
haircut 125,000
550,000 - 125,00 = 425,000 mortage value
425,000/550,000 = 77.27% = (17/22)%
The ratio is below the cutoff, so it is within the boundaries the lender expect. The loan will be given.
