Answer:
predetermined overhead allocation rate is $228 per hour
Explanation:
given data
Estimated over head costs = $8,000,000
Estimated machine hours = 35,000
actual machine hours = 31,000
to find out
predetermined overhead allocation rate
solution
we know that predetermined overhead allocation rate is express as
predetermined overhead allocation rate =
put here value
predetermined overhead allocation rate =
predetermined overhead allocation rate = $228.571
so predetermined overhead allocation rate is $228 per hour
Developing a project charter involves working with stakeholders to create the document that formally authorizes a project.
By creating this document it gives managers the ability to organize resources and workers for the project and all activities within it. A charter grants rights, power, privileges to an individual, corporation, city and other organizations for work on a project.
Hi there!
I do interviews to join clubs and stuff like that. It usually helps if you say "Thank you for your time" or "Thank you very much". Say something positive that is articulate, too.
-AwesomeRepublic :)
Answer:
$76.856 million
Explanation:
As we know that Balance sheet is divided in two portions.
1. Total Assets (Current Assets + Fixed Assets)
2. Total Liabilities and Share Holders' Equity.
and they both should be equal. So we can write from the above information, as:
Total Assets = Total Liabilities + Total Common Stock + Retained Earnings
N.B. We are excluding Cash from our calculation cause we assume that Cash is already been included in Total Assets.
Hence, by putting the values in above equation we can find our Retained Earnings as:
Retained Earnings + $128.230 million + $6.350 million = $211.436 million
Retained Earnings + $134.58 million = $211.436 million
Retained Earnings = $211.436 million - $134.58 million
Retained Earnings = $76.856 million