Answer:
$10,800 underapplied
Explanation:
Calculation for If overhead is applied based on machine hours, the overapplied/underapplied overhead is:
Overhead machine hours=[($1,044,000/24,000)×23,600]-1,037,400
Overhead machine hours=($43.50 x 23,600) - 1,037,400
Overhead machine hours=$1,026,600- 1,037,400
Overhead machine hours= $10,800 underapplied
Therefore If overhead is applied based on machine hours, the overapplied/underapplied overhead is:$10,800 underapplied
Answer:
The correct answer is B.
Explanation:
The fact that Kara has plenty of capital means she most likely would not need financial intervention from any other party.
It is not logical for her to bring in a partner who will share profits when she has invested all the capital. Because she will enjoy all the proceeds from the business alone, she will also bear all liabilities.
Cheers!
Answer:
Life insurance.
Explanation:
Life insurance is defined as a contract that is raised between an individual and an insurance company that guarantees the payment of a particular amount tonthe individual's beneficiary in the case of death. The insurance policy requires premium to be paid on agreed intervals.
Stan and Heidi are both having caterers in business, and death of one of them will lead to decreased income.
To guard against this the couple can purchase a life insurance that will pay beneficiary a guaranteed sum in case of death of one of the partners.
This will ensure there is no sudden drop in their income.
Answer: Statement D
Explanation: Qualitative characteristics are those characteristics the values of which cannot be calculated appropriately and the one that cannot be recorded in the books as they do not have any quantitative value.
In the given problem cost of machine at which it is purchased is its value, Depreciation is the value of original cost which has been used and amount at which the machine used can be sold is its value.
Hence among all the options Option D shows qualitative characteristics.
Answer:
okk sweetspotmaster is the ............
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