Answer:
A) a 23.5% decrease in materials
B) a 64% decrease in labor costs
C) a 29.1% decrease in overhead
Explanation:
White Tiger's multifactor productivity = $300 / $148 = 2.027
if we want to increase the multifactor productivity by 12%, it will = 2.27
since we will not change the sales price, we must determine the new total cost:
$300 / cost = 2.27
cost = $300 / 2.27 = $132.16 ≈ $132, which represents a $16 decrease
A) materials ⇒ $16/$68 = 23.5%
B) labor costs ⇒ $16/$25 = 64%
C) overhead ⇒ $16/$55 = 29.1%
Answer:
d. discover errors that affect the equality of debits and credits
Explanation:
There are two sections in the trial balance, namely columns of debits and columns of credits. The combined columns of debit and credit will also be matched and equaled.
The debit sections report the assets and expenditures side while revenues shareholder equity and the liability portion are reported in the credit section.
Answer:
A. product such as a repair job and a project such as an advertising campaign
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Answer:
$864
Explanation:
Double-declining-balance charges a higher depreciation in early years of the asset and lower in the later years using the formula :
Depreciation expense = 2 x SLDP x BVSLDP
Where,
SLDP = 100 ÷ useful life
= 10 %
and
BVSLDP = Cost (1st year) and Book Value (any other year)
therefore,
Year 1
Depreciation expense = 2 x 10 % x $5,400
= $1,080
Year 2
Depreciation expense = 2 x 10 % x ($5,400 - $1,080)
= $864
thus
The depreciation expense for the second-year of its useful life using the double-declining-balance method is $864.
