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4 years ago

Receiving provides 12,000 receiving hours and costs $60,000 per year. What is the activity rate for receiving?

Business

1 answer:

Vsevolod [243]4 years ago

7 0

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Receiving provides 12,000 receiving hours and costs $60,000 per year.

Estimated manufacturing overhead rate= 60,000/12,000= $5 per hour

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Harrisburg Furniture Company started construction of a combination office and warehouse building for its own use at an estimated

oksian1 [2.3K]

Answer:

$406,720

Explanation:

Calculating weighted average interest rate for 10% short term loan and 11% for long term loan:

Interest rate payable in 2014 on short term loan = $1,400,000 * 10% = $140,000

Interest rate payable in 2014 on long term loan = $1,000,000 * 11% = $110,000

Weighted average interest rate = <u>$140,000 + $110,000</u> / <u>$1,400,000 + $1,000,000</u> * 100

Weighted average interest rate = 0.10416666

Weighted average interest rate = 10.42%

Calculating avoidable interest:

Avoidable interest = [$2,000,000*12%] + [($3,600,000 - $2,000,000) * 10.42%]

Avoidable interest = $240,000 + $166,720

Avoidable interest = $406,720

6 0

3 years ago

Sparrow Corporation is a calendar year taxpayer. At the beginning of the current year, Sparrow has accumulated E & P of $33,

Kobotan [32]

Answer: The Dividend income is $10,000 whereas tax free recovery of basis is $4,000, and capital gain is $6,000.

Explanation: The accumulated and current E & P must be totaled because one half of the loss is incurred in June 30 ($46,000/2 = $23,000). So now you would reduce the accumulated E & P $33,000 with $23,000 which equals to $10,000. This is the balance in E & P which is the dividend income that would be distributed.

The other $10,000 of the distribution is first recovery of the capital which is $4000 and then a $6,000 capital gain.

4 0

3 years ago

as of december 31, the unadjusted balance in deferred revenue contains $5,600 for unredeemed gift cards. an analysis of the mont

Masteriza [31]

These transaction will affect the adjustments at the end of the period by:

Decrease Unearned Revenue

Increase Sales revenue

Since the gift cards was redeemed during the month which means that Unearned Revenue will have to be decreased by the costs of gift cards that was redeemed during the month.

Calculated as:

Unearned Revenue=$5,600-$3,200

Unearned Revenue=$2,400 decrease

Since the gift cards was redeemed during the month which means that will have increased Sales revenue by the costs of of gift cards that was redeemed during the month.

Calculated as:

Sales revenue=$5,600+$3,200

Sales revenue=$8,800 Increase

Inconclusion These transaction will affect the adjustments at the end of the period by:

Decrease Unearned Revenue

Increase Sales revenue

Learn more here:

brainly.com/question/16202816

6 0

2 years ago

What is Seth Godin’s overall message to companies?

notka56 [123]

Answer:

Don't put all your money into marketing. Focus on those people who are passionate about your product and figure out what people want and focus on them.

(coursehero.com)

5 0

3 years ago

The maintenance expenses on a rental house you own average $200 a month. The house cost $219,000 when you purchased it four year

Serhud [2]

Answer:

value we place on this house when analyzing the option of using it as a professional office is $225000

Explanation:

Given data

house cost 4 year ago = $219,000

house valued = $239,000

real estate fees = $14000

property taxes = $4,000

to find out

What value should you place on this house

solution

we know if we sell house we should pay real estate fee

so we get need money to place is present cost - real estate fees

so cost will be

cost = house valued - real estate fees

cost = 239000 - 14000

cost = 225,000

so value we place on this house when analyzing the option of using it as a professional office is $225000

0 0

4 years ago