Answer:
156.6%
Explanation:
Given:
Cosi Company's Incurred over head for the next period = $830,000
Expected labor hours = 53,000
Cost of labor = $10.00 per hour
Thus,
Total labor cost = 53,000 × $10.00 = $530,000
Now,
the Cosi Company's predetermined overhead rate will be calculated as:
Predetermined overhead rate = Incurred overhead / Total labor cost
on substituting the respective values, we get
Predetermined overhead rate = ( $830,000 / 530,000 ) = 1.566
or
Predetermined overhead rate = 1.566 × 100% = 156.6%
Answer:
$30,000
Explanation:
In this question, the matching account principle is used which means the total revenue is matched with the total expenses in a given year.
The computation of the warranty expense is shown below:
= Number of selling units × average unit sold per unit
= 2,000 unit × $15 per unit
= $30,000
The whole amount $30,000 should be recorded as warranty expense
<span>Sandy purchased a new tire for Mike's car because it got a flat tire while she had borrowed it for the weekend. The method of Mike acquiring ownership for the new tire is called transferring.</span>
Answer:
on the 5th year: $34, 898
the total 5 years: $128,775.78
Explanation:
add 18% of 18,000 to 18,000
then add 18% of that sum to the sum
and so on
Answer:
market penetration:
Explanation:
Market penetration refers to the approach of selling the service and product in the market that is specified for a particular product.
it is calculated by determining the total amount of product sales in the market compared to goal of selling products in the market.
it involves all process that is needed to promote or to grow the market percentage in a particular business.
it is calculated as
market penetration