Answer:
Underapplied for 3,660
Explanation:
MO 32,550
DLH 2,100
<em><u>rate:</u></em> <em>MO/DLH</em> = 32,550/2,100 = <u>15.5 MO per DLH</u>
<u>Applied MO:</u>
- <u>job 101 : </u> 1,230 hours x 15.5 = 19,065
- <u>job 102: </u> 1,050 hours x 15.5 = 16,275
Total MO 19,065 + 16,275 = 35,340
Actual Overhead 39,000
Underapplied for 3,660
Answer:
Bonnie's monthly payments on the income-based plan will likely be lower than on the standard repayment plan.
Explanation:
I got it wrong and it gave me the answer
Answer:
Journal Entries that are required are given below
Explanation:
On February 1(Write off) Debit Credit
Allowance for doubtful debt $6800
Account receivable (Oakley Co.) $900
Account receivable (Brookes Co.) $5900
On June 5 (Reinstating the account) Debit Credit
Account receivable (Oakley Co.) $900
Allowance for doubtful debt $900
On June 5 (Recording the cash received) Debit Credit
Cash $900
Account Receivable(Oakley Co.) $900
Answer: Differentiation strategy
Explanation: This refers to a strategy that a company uses to create a unique good or service that will separate consumers from the products or services provided by rivals better than or in another way.
Strategy for differentiation is a way of distinguishing a company from the opposition.This strategy is implemented by making innovations through research and development and helps an organisation to prepare a strong customer base fro the future.
Thus, from the above we can conclude that the given case depicts differentiation strategy.
Answer:
1. $100,000 and 25%
2. $137,200 and 34.3%
3. $150,000 and 27%
Explanation:
1. It does not expand
a. Net income= $100,000 (as given in the question)
b. Return on equity= (net income)/(shareholder’s equity)
Shareholder’s equity= $400,000
Thus return on equity= 100000/400000 = 0.25 or 25%
2. It expands and issue $160,000 in debt
a. Net income= $100000 + 50000 – 12800 (debt interest 8% of $160000)
= $137,200
b. Return on equity= (net income)/(shareholder’s equity)
= 137200/400000
=0.343 or 34.3%
3. It expands and raises equity of $160000
a. Net Income= $100000 + 50000
= $150000
b. Return on equity= (net income)/(shareholder’s equity)
= 150000/(400000 + 160000)
Where ($560,000) 400000 + 160000 is shareholder’s equity
= 0.27 or 27%