Answer:
$33,000
Explanation:
The calculation of the fixed cost and the variable cost per machine hour by using high low method is shown below:
Variable cost per hour = (High manufacturing overhead cost - low manufacturing overhead cost) ÷ (High machine hours - low machine hours)
= ($198,000 - $153,000) ÷ (110,000 hours - 80,000 hours)
= $45,000 ÷ 30,000 hours
= $1.5
Now the fixed cost is
= High manufacturing overhead cost - (High machine hours × Variable cost per hour)
= $198,000 - (110,000 hours × $1.5)
= $198,000 - $165,000
= $33,000
Answer:
the return on common shares is 6.99%
Explanation:
The computation of the return on common shares is shown below:
= Dividend ÷ Stock price + growth rate
= $1.25 ÷ $27.22 + 2.4%
= 6.99%
hence, the return on common shares is 6.99%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
Capitalized Expenditures:
2. Added a new wing onto the office building.
5. Had an engine rebuilt in one of their fleet cars.
Explanation:
Capitalization is the process of delaying the full recognition of an expense for the acquisition of a new asset with long-term life so that the costs can be treated as an expense gradually over its useful life through an accounting method known as depreciation or amortization.
The criteria for capitalizing expenditure depend on whether the expenditure is necessary to bring the asset to the condition and location where it can be operated as desired by the management. It must also meet the threshold amount set by management for capitalization. This is because some assets can be used for more than one year and still they are not regarded as capital assets. Example is a stapling machine that costs less than a dollar.
Answer:
D. Ingestion
Explanation:
Absorption seems like something you would get through the skin. Injection it gets put into your body by a needle. Inhalation is through the nose. Ingestion you swallow.
