The role of finance in healthcare has increased in importance over time because the finance function must support a multitude of
1 answer:
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Solution :
The carrying value of the asset =
Equipment that is sold for , therefore, the profit is
The net income gain on the sale - increase, the company is getting a gain from the sale.
The cash from the investing activities-increased. Thus the proceeds from the sale of the assets are recorded as the cash inflow.
The cash from the operating activities -- no change. While we calculate the operating cashflow, the gain on the sale of the assets added back to the income. So there is no change in the total.
The total assets -- increased. The carrying value will be zero after the sale, however, the cash on the balance sheet is then increased and it also captures gain. Now in order to balance the both sides, the net income increases the retained earnings section.
Answer:
Overhead Rate 14.5856
Explanation:
Fixed Cost of the manufacturing overhead will be distribute over the cost driver.
Then we will add the fixed with the variable to get the total overhead per machine-hour