Answer:
=$11,439.96(Approx)
Explanation:
Consider the following calculations
Present value of annuity=Annuity[1-(1+interest rate)^-time period]/rate
200,000=Annuity[1-(1.0391)^-30]/0.0391
200,000=Annuity*17.48257135
Annuity=200,000/17.48257135
=$11,439.96(Approx)
A. true
unless you have quality control, present in bigger corperations
<em />It is true that arbitration places a dispute before a third party for a binding settlement.
Answer:
See below
Explanation:
1. Predetermined overhead rate
= Total fixed overhead cost for the year / Budgeted standard direct labor hour
Predetermined overhead rate = $530,400 / 68,000
Predetermined overhead rate
= $7.8 per direct labor hour
2. i. Fixed overhead budget variance
= Actual fixed overhead - Budgeted fixed overhead
= $521,000 - $530,400
= $9,400 favourable
ii Fixed overhead volume variance
= Budgeter fixed overhead - Fixed overhead applied to work in process
= $530,400 - (66,000 × $7.8)
= $530,000 - $514,800
= $15,200 unfavorable
