Emergency repairs or additional supervisors for an unanticipated second shift will likely lead to an unfavorable fixed overhead spending variance.
Accounting fees, advertising, insurance, interest, legal fees, labor burden, rent, repairs, supplies, taxes, phone bills, travel expenses, and utilities are examples of overhead expenses. Administrative overheads and manufacturing overheads are the two main types of business overheads.
Overhead costs, also known as overhead or operating expenses, are expenses associated with running a business that is not directly related to the creation or production of a product or service. They are the expenses incurred by the company to remain in business, regardless of its level of success.
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To solve this problem, we are going to set up a system of equations. In this example, we are going to use the variable w to represent the price of a watch and the variable c to represent the price of a calculator. Our two equations come right from the given information:
2w + 1c = 49
3w + 3c = 99
To solve this problem, we are going to manipulate the first equation so we can substitute it into the second equation.
2w + c = 49
c = 49 - 2w
Now, we must substitute this value for c into the second equation.
3w + 3(49 - 2w) = 99
Next we are going to distribute, simplify by combining like terms, and isolate the variable w.
3w + 147 - 6w = 99
-3w = -48
w = 16
Therefore, the cost of one watch is $16.
Hope this helps!
Answer:
Dr Office building $250,000
Cr Cash $50,000
Cr Mortgage payable $200,000
Explanation:
The purchase of the building on January 1 2021 implies that the Gundy Enterprises now has an office building in its books of account which is worth $250,000,as a result office building account would be debited with $250,000.
However,cash account would be credited with $50,000 since the business parted with cash of $50,000 while the remaining $200,000 would be credited to mortgage payable account in order to reflect the 10 year obligation in the books of accounts
Answer:
The most you would pay per share is $18.90 price per share today.
Explanation:
Note: See the attached file for the calculation of present values for year 1 to 3 dividends.
From the attached excel file, we have:
Previous year dividend in year 1 = Dividend just paid = $1.40
Total of PV of dividends from year 1 to year 3 = $4.50720663265306
Year 3 dividend = $1.55542091836735
Therefore, we have:
Year 4 dividend = Year 3 dividend * (100% + Dividend growth rate in year 4) = $1.55542091836735 * (100% + 4%) = $1.61763775510204
Price at year 3 = Year 4 dividend / (Rate of return - Perpetual dividend growth rate) = $1.61763775510204 / (12% - 4%) = $20.2204719387755
PV of price at year 3 = Price at year 3 / (100% + Required return)^Number of years = $20.2204719387755 / (100% + 12%)^3 = $14.3925325274857
Price per share today = Total of PV of dividends from year 1 to year 3 + PV of price at year 3 = $4.50720663265306 + $14.3925325274857 = $18.90
Therefore, the most you would pay per share is $18.90 price per share today.
Answer:
C) formed a valid contract because Rachel's outward expressions showed the formation of a contract.
Explanation:
A valid contract is a binding and enforceable agreement, where all parties are legally bound to perform the contract.
Probably the most important part of a contract is the existence of an offer and acceptance. Once a valid offer is accepted, it binds the parties into a valid contract.
In this case, Rachel accepted Julius´s offer to buy her boat, so an offer and acceptance exists.