Answer:
Total cash= $101,130
Explanation:
Giving the following information:
Estimated direct labor hours= 7,800
The variable overhead rate is $1.20 per direct labor-hour.
The company's budgeted fixed manufacturing overhead is $100,560 per month, which includes depreciation of $8,790.
We need to deduct the depreciation expense because it is not a cash disbursement.
Cash disbursement:
Variable overhead= 7,800*1.2= $9,360
Fixed overhead= (100,560 - 8,790)= $91,770
Total cash= $101,130
<span>
</span><span>A. causes a decrease in the number of shares outstanding.</span><span>
In a market economy, it is the consumers that will decide how to allocate the productive resources a business uses. The allocation of products is determined by a concept that is known as supply and demand. When there is a demand for a certain product, then obviously the business has to supply that product. It is the job of the business to look out for signs of demand of a certain product and they have to know just how much of that product he should supply.
</span>A market index is a resulting value created from the combination of several stocks and other investment vehicles presenting its total value against a base value at a certain period. It is used to show the whole stock market at the same time keeping track with the way the market changes overtime. The practice of tracking the value of the stock market over a period of time can be used to benchmark to make a credible comparison of stock returns.
Season for it has multiple meaning while the other selections are time periods during the yeat
Answer:
The $197,600 is the amount which should Don record on June 19 as an account receivable for its sale to Cologne
Explanation:
Spot rate: The spot rate is that rate which is levied immediately while doing the transaction.
Forward rate: The forward rate is that rate which is not yet decided and will decide in the future.
For computing the amount which don should record on June 19 as an account receivable for its sale to Cologne, the formula is to be used which is shown below:
= Account receivable balance × June 19 Spot rate
= 200,000 euros × $0.988
= $197,600
Since in the question they ask for June 19 for the sale amount. So, we use the spot rate instead of forwarding rate because the transaction is done in the present. Thus, the forward rate is ignored.
Hence, the $197,600 is the amount which should Don record on June 19 as an account receivable for its sale to Cologne
Answer:
Check the following calculations
Explanation:
With an increase of 9% the sales would have been = 950,000*1.09 = 1,035,500
Net profit would have been = 0.04 *1035500 = $41,420
Without increase , the profit would be 38,000
So the decrease in purchasing expenses should be 41420 -38000 = 3,420
Orginal Purchase cost = 617,500
So % decrease = 3420/617500 = 0.005538 =0.5538 = 0.55%