Answer:
Estimated manufacturing overhead rate= $32 per labor hour
Explanation:
Giving the following information:
The estimated factory overhead costs $ 2,496,000. Estimated labor hours 78,000.
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 2496000/78000= $32 per labor hour
Answer:
c. 2.36 years
Explanation:
In the payback, we analyze in how many years the invested amount is recovered. The computation is shown below:
In year 0 = $750
In year 1 = $300
In year 2 = $325
In year 3 = $350
If we sum the first 2 year cash inflows than it would be $625
Now we deduct the $625 from the $750 , so the amount would be $125 as if we added the fourth year cash inflow so the total amount exceed to the initial investment. So, we deduct it
And, the next year cash inflow is $350
So, the payback period equal to
= 2 years + ($125 ÷ $350)
= 2.36 years
In 2.36 yeas, the invested amount is recovered.
Answer:
$235,000
Explanation:
The computation of the goodwill amount attributed is shown below:
Common stock $1,660,000
Preferred stock $630,000
Non controlling interest in common stock $415,000
Non controlling interest in preferred stock $270,000
Fair value at acquisition date $2,975,000
Book value $2,740,000 (560,000 + $810,000 + $360,000 + $1,010,000)
Goodwill $235,000
<span>The answer is
number 1, conspicuous consumption. It is the acquisition of goods or services
for the particular purpose of displaying one's wealth. Conspicuous consumption
is a means to display one's social status, especially when the goods and
services publicly displayed are too expensive for other members of a person's
class. This kind of consumption is characteristically associated with the
wealthy but can also relate to any economic class. The concept of consumerism
stems from conspicuous consumption.</span>
