Answer:
Explanation:
The preparation of the manufacturing overhead budget by quarters and in total for the year is shown below:
Particulars Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total
Variable manufacturing
overhead costs $21,050 $25,270 $29,490 $33,710 $109,520
Fixed overhead costs $35,750 $35,750 $35,750 $35,750 $143,000
Total manufacturing $56,800 $61,020 $65,240 $69,490 $252,520
costs
The variable manufacturing overhead costs is increased by $4,220 in every following quarter.
Answer:
Equilibrium quantity increases; Equilibrium price is indeterminate.
Explanation:
If a new article reports that there are many benefits of exercise, this will increase the demand for exercise bikes and shifts the demand curve rightwards.
At the same time, there is a fall in the price of parts of exercise bikes which reduces the cost of production of exercise bikes. Now, the producer will be able to produce more exercise bikes, so the supply of exercise bikes increases and shifts the supply curve rightwards.
Therefore, there is an increase in the equilibrium quantity of exercise bikes and the impact on equilibrium price is indeterminate because that will be dependent upon the magnitude of the shift of demand and supply curve.
<span>Root capital is using debt loan for which the borrower promises to repay the borrowed amount (the principal) plus a predetermined rate of interest.
When you take out a loan, most common a debt loan, you are borrowing an amount of money plus a set interest rate. For example, when you buy a home.. you will purchase it for X amount of dollars, for 30 years (most common) at an X amount of interest. As long as you have a fixed interest rate, the rate won't change during the lifespan of your loan. The interest accrued on your debt will be kept by the lender for their services.
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Answer:
The answer is stated below:
Explanation:
Taking the highest and second lowest cost and miles driven as:
Cost = Highest - Lowest
Cost = $15,000 - $14,150
Cost = $850
Miles Driven = Highest - Lowest
Miles driven = 8,500 - 8,000
Miles Driven = 500
So,
= Cost / Miles driven
= $850 / 500
= $1.70
Total Cost would be 15,000 and 13,500
So, computing the variable cost as:
Variable cost of highest cost (VC) = Miles driven of $15,000 cost × $1.70
VC = 8,500× $1.70
VC = $14,450
Variable cost of lowest cost (VC) = Miles driven of $13,500 cost × $1.70
VC = 7,500× $1.70
VC = $12,750
Computing fixed cost as:
Fixed cost of highest cost = Total cost - VC
= $15,000 - $14,450
= $550
Fixed cost of lowest cost = Total cost - VC
= $13,500 - $12,750
= $750
Answer:
Correct option is (D)
Explanation:
Given:
Purchase price of copyright = $50,000
Expected useful life = 5 years
Annual depreciation expense as per straight line method:
= Purchase price ÷ useful life
= 50,000 ÷ 5
= $10,000
Only useful life is considered and not legal life.
Carrying value of asset at the end of year = Book value of asset - annual depreciation
Carrying value of copyright at then end of first year = 50,000 - 10,000 = $40,000
Carrying value of copyright at then end of second year = 40,000 - 10,000 = $30,000
