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kupik [55]
3 years ago
11

Bonita Company assigns overhead based on machine hours. The Milling Department logs 2350 machine hours and Cutting Department sh

ows 3990 machine hours for the period. If the overhead rate is $7 per machine hour, the entry to assign overhead will show a _______.
Business
1 answer:
Y_Kistochka [10]3 years ago
5 0

Explanation:

The computation of the overhead amount is shown below:

= (Milling department machine hours + cutting department machine hours) × overhead rate per machine hour

= (2,350 machine hours + 3,990 machine hours) × $7

= 6,340 machine hours × $7

= $44,380

So for assigning the overhead cost we have to credited the manufacturing overhead for $44,380

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Another reason fueling the boom in fast-growing technology services is _____, which, when done right, can virally spread awarene
MA_775_DIABLO [31]

Available options are:

A. Esako and M-Pesa

B. Big data and Business analytics

C. Social media

D. Sproxil

Answer:

Social media

Explanation:

Social media is an internet-based or online platform that allows different registered users to share various forms of information and content, among other users, from anywhere across the globe.

Hence, given the available options, Another reason that is fueling the boom in fast-growing technology services is SOCIAL MEDIA, which, when done right, can virally spread awareness of a firm with nary a dime of conventional ad spending.

7 0
3 years ago
Cedric Company recently traded in an older model of equipment for a new model. The old model’s book value was $252,000 (original
vfiekz [6]

Answer:

Explanation:

General Journal

Dr Cr

Equipment - new 348,000

Accumulated depreciation 300,000

Cash 68,000

Equipment - old 552,000

Gain 28,000

Workings:

Equipment – new ($280,000 + 68,000) = $348,000

Gain ($280,000 – 252,000) = $28,000

7 0
3 years ago
SCENARIO:
nydimaria [60]

Answer: b. Yes, he can subpoena records during the discovery process from both, but the bank and the app store may ask the judge to deny the request or limit the request due to privacy concerns.

Explanation:

Marcus can indeed compel the bank or the app store to provide additional information about the creator of the app should he wish to find out the creator's location and its potential assets so he can purse the case appropriately legal wise.

He can do this by subpoenaing the required information when laying the background for the suit. As this information is considered private and confidential however, both the bank and the store could appeal to the Judge to refuse Marcus's request on the grounds of privacy concerns.

8 0
3 years ago
An increase in the price of oil will a. shift the supply curve of oil to the left. b. shift the supply curve of oil to the right
klasskru [66]

Answer:

The correct answer is option c.

Explanation:

An increase in the price of oil will cause the quantity demanded of a commodity to decline and the quantity supplied to increase. This will cause a surplus in the market.

There will be no change in the demand and supply curve.

This is because of the law of demand and supply.

According to the law of demand, the price of a commodity is inversely related to the quantity demanded of the commodity, while other factors are kept constant.

Similarly, the law of supply states that the price of a commodity is positively related to the quantity demanded of a commodity.

The demand and supply curves are not affected by the changes in price, they change as a result of changes in other factors.

3 0
3 years ago
Bradford Services Inc. (BSI) is considering a project that has a cost of $10 million and an expected life of 3 years. There is a
balandron [24]

Answer:

Expected Net Cash Flow = $3.8 million

Net Present Value (NPV) = $1.0492 million

Explanation:

Given Cash outflow = $10 million

Provided cash inflows as follows:

Particulars           Good condition         Moderate condition        Bad Condition

Probability                  30%                               40%                                  30%

Cash flow                $9 million                     $4 million                       $1 million

Average expected cash flow each year = ($9 million X 30 %) + ($4 million X 40%) + ($1 million X 30%) = $2.7 million + $1.6 million + $0.3 million = $4.6 million

Three year expected cash flow = ($4.6 million each year X 3) - $10 million = $13.8 million - $10 million = $3.8 million

While calculating NPV we will use Present Value Annuity Factor (PVAF) @12% for 3 years = \frac{1}{(1 + 0.12){^1}} + \frac{1}{(1 + 0.12){^2}} + \frac{1}{(1 + 0.12){^3}} = 2.402

NPV = PV of inflows - PV of Outflows = $4.6 million X 2.402 - $10 million = $11.0492 million - $10 million = $1.0492 million

Expected Net Cash Flow = $3.8 million

Net Present Value (NPV) = $1.0492 million

3 0
4 years ago
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