Answer: $321,020
Explanation:
The cash flow is expected to grow at a rate of 8%.
This means that in the next year it will be 8% higher than the $297,241 it is in the current period.
= 297,241 * ( 1 + rate)
= 297,241 * ( 1 + 8%)
= $321,020
Answer: The cost of maintenance for a 6000 square foot lawn is $420.
Explanation:
Since we have given that
Cost of monthly maintenance on a 4000 square foot lawn = $280
We need to find the cost of monthly maintenance on a 6000 square foot lawn.
Since the cost of lawn maintenance varies directly with the size of the lawn.
So, it becomes,
Hence, the cost of maintenance for a 6000 square foot lawn is $420.
Answer:
$10,125 Favorable
Actual quantity of the cost-allocation base used - Actual quantity of the cost-allocation base that should have been used to produce the actual output) × Budgeted variable overhead cost per unit of the cost-allocation base
Explanation:
Variable overhead spending variance = Actual Spending - budgeted Spending based on actual quantity
Variable overhead spending variance = (Actual Input x Actual rate) - ( Actual input x Budgeted rate)
Variable overhead spending variance = (10,125 x $29) - ( 10,125 x $30)
Variable overhead spending variance = $293,625 - $303,750
Variable overhead spending variance = $10,125 Favorable
Variable overhead spending variance is
Actual quantity of the cost-allocation base used - Actual quantity of the cost-allocation base that should have been used to produce the actual output) × Budgeted variable overhead cost per unit of the cost-allocation base
Answer:
630,000 units and 678,000 units
Explanation:
The computation of the equivalent units for material cost and for conversion cost is shown below:
For material cost
= Units transferred × completion percentage + ending work in process units × completion percentage
= 630,000 units × 100% + 120,000 units × 0%
= 630,000 units + 0 units
= 630,000 units
For conversion cost
= Units transferred × completion percentage + ending work in process units × completion percentage
= 630,000 units × 100% + 120,000 units × 40%
= 630,000 units + 48,000 units
= 678,000 units