Answer:
Net increase in the denominator will be equal to the new shares which Niles will issued to their executives.
Thus, increase in the denominator = 111 million
Answer:
The correct answer is letter "C": Is used to record the income effects of errors in making change and/or processing petty cash transactions.
Explanation:
The Cash Over and Short account is used to register a company's cash shortages and overages. <em>It is an Income Statement account used by firms in front of inaccurate differences at the moment of replenishing a petty cash fund.</em> In such a case, the Cash Over and Short account is useful to measure employee's cash management efficiency.
Answer:
Government policies specific to the entrepreneurs business is the answer. This is the only external factor.
Explanation:
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
