Basically, the Sarbanes Oxley Act was not a single Act, but a series of Acts that were designed to expand starting requirements for companies such as firms and overall businesses. Section 404 is one of the Acts that are specifically set on the company's control on their financial reports made. As a result, internal management or more commonly known as the Internal Affairs program of a company must provide a detailed and clear-written (straight-to-the-point) report on the company's structure (how they do things) and creating, or establishing, a set of procedures on how they plan to report their financial status.
That's the amount of charges owed to the credit card company.
Answer:
About 250 ; 2000 bicycles
Explanation:
Opportunity cost simply means the loss incurred on a certain option when the alternative opruoonos chosen.
The opportunity cost of increasing shoe production from 10,000 to 20,000 pairs
The value of 20,000 (x axis) on the y axis is about 3750
Value of point A in the y - axis = 4000
Hence opportunity cost = (4000 - 3750) = 250 bicycles
B.)
The opportunity cost of increasing shoe production from 50,000 to 60,000 pairs
The value of 60,000 (x axis) on the y axis is about 0
Value of point B in the y - axis = 2000
Hence opportunity cost = (2000 - 0) = 2000 bicycles
Answer:
Allocated MOH= $26,372
Explanation:
<u>First, we need to calculate the predetermined overhead rate:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Total fixed overhead= 48,200
Total variable overhead= (1.9*8,000) + (3*2,000)= $21,200
Predetermined manufacturing overhead rate= (48,200 + 21,200) / 10,000
Predetermined manufacturing overhead rate= $6.94 per machine hour
<u>Now, we can allocate overhead to Job H:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 6.94*(2,600 + 1,200)
Allocated MOH= $26,372