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4 years ago

EA11.

Business

1 answer:

koban [17]4 years ago

4 0

Answer:

Predetermined rates for each cost pool

Ordering = $120,000

240,000 orders

= $0.50 per order

Machine set-up = $85,000

340,000 set-ups

= $0.25 per set-up

Inspection = $75,000

75,000 inspections

= $1 per inspection

Explanation:

The predetermined rates are obtained by dividing the estimated overhead for each cost pool by the cost driver.

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Suppose businesses in general believe that the economy is likely to head into recession and so they reduce capital purchases. th

uranmaximum [27]

They would probably fire more workers to stay in business or/and raise prices.

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3 years ago

All Kiwi Ltd (a New Zealand-based company) has a wholly-owned subsidiary in Malaysia whose manager is being evaluated on the bas

Ulleksa [173]

Answer:

Variance (Unfavorable) (NZD 340,000)

Explanation:

Budget Variance using exchange rate projected at the time of budget

Budget Actual Variance Exc. Rate Variance in NZD

MYR MYR

Revenue 12000000 11000000 -1000000 0.34 -340000

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3 years ago

What was the weighted average interest rate Colgate faced on its short-term borrowings in 2013? Enter with 1 decimal place and w

statuscvo [17]

Answer:

The weighted average interest rate that Colgate faced on its short-term borrowings in 2013 was:

2.2%.

Explanation:

On page 62 of its 10-K annual report for the fiscal year ended December 31, 2013, it specifically reported that "the weighted-average interest rate on short-term borrowings of $13 in 2013 and $54 in 2012 included in Notes and loans payable in the Consolidated Balance Sheets as of December 31, 2013 and 2012 was 2.2% and 1.0%, respectively." To calculate the weighted-average interest rate, we multiply each loan amount by its interest rate to obtain the "per loan weight factor." Then add the per loan weight factors together. Add the loan amounts together. Divide the "total per loan weight factor" by the "total loan amount," and then multiply by 100 to calculate the weighted average.

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3 years ago

Define nationalization.

Alisiya [41]

Answer:

the process of transforming privately owned assets into public assets by bringing them under the public ownership of a national government or state.

Explanation:

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3 years ago

Mia Breen Corp. produces and sells wind-energy-driven engines. To finance its operations, Mia Breen issued $22,000,000 of 20-yea

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Answer and Explanation:

The Journal entry is shown below:-

Cash Dr, $22,000,000

To Bonds payable $22,000,000

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To cash $440,000

(Being payment of interest is recorded)

3. Bonds payable Dr, $22,000,000

To Cash $21,560,000

To Gain on Retirement on bonds, plug $440,000

(Being the retirement of bonds is recorded)

3 0

3 years ago