Answer:
d.$12.40
Explanation:
The computation of the per unit cost is shown below:
= Total cost ÷ Number of units produced
where,
Total cost = Direct material cost + Direct labor cost + Factory overhead cost
= $4,400 + $5,600 + $2,400
= $12,400
And, the units produced = 1,000 units
So per unit cost equal to
= $12,400 ÷ 1,000 units
= $12.40
Answer:
The depreciation charge in 2021 is $ 164,000.00
Explanation:
Annual depreciation charge=cost-salvage value/useful life
cost is $610,000
salvage value is $61,000
useful life is 9 years
Annual depreciation charge=($610,000-$61,000)/9=$61000
The depreciation of charge of $61000 is applicable to years 2018 ,2019 and 2020 respectively.
The estimates of the asset changed in the year 2021,hence a new depreciation based on the present book value is required.
revised depreciation charge=$610,000-($61,000*3)-$99,000/(5-3)=
$164,000.00
Taken loan must be repaid. So
before taking the loan amount a person should plan properly. Kyle needs money to
buy shoes for his kids as well as for the vacation. But he also needed the loan
for his further studies. In that case he will face difficulties in repaying as well as in completing
his studies. For this lack of good financial planning he would have problems in 1.Repaying the loan amount 2. continuing his studies further.
Answer:
The correct answer is (B)
Explanation:
Macroeconomics is a study of the aggregate economy which consists of investment, saving, government spending and net exports. A macroeconomist will consider a coffee shop as an investment because it is a tangible asset which is directly contributing towards countries output. So, the correct answer is ' Charlie builds a new coffee shop'. All other investments are long-term, and they will be claimed in the future.
Answer:
The answer is 3.5
Explanation:
Inventory turnover ratio is:
Cost of goods sold / Total or average inventory
Cost of goods sold is $322,000
Total Inventory in this question comprises work-in- process, finished goods and even raw materials.
So total inventory equals:
Production materials on hand $42,500 Work-in-process inventory $37,000
Finished goods on hand $12,500
Total inventory. $92,000
Therefore, inventory turnover ratio is
$322,000 / $92,000
= 3.5
