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babunello [35]
3 years ago
5

Sally is buying a home and the closing date is set for April 20th. The annual property taxes are $1,234.00 and have not been pai

d yet. How much will the buyer be credited and the seller be debited?
Business
1 answer:
Katena32 [7]3 years ago
6 0

Answer:

Therefore$360.572 as a credit to the buyer and debit to the seller  

Explanation:

Daily tax rate = annual property taxes / number of days in a year = $1234 / 365 = $3.3808

Daily tax rate = $3.3808 per day.

Number of days from beginning of the year to April 20th = January(31 days) + February (28 days) + March (31 days) + April (19 days) = 31 + 28 + 31 + 19 = 109 days.

Tax rate for 109 days = 109 days × $3.308 per day = $360.572

Therefore$360.572 as a credit to the buyer and debit to the seller  

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predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginning of the most recently complete
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Answer:

Total overhead rate =  $34.17  per machine hour

Explanation:

The total overhead rate would  the sum of the variable overhead rate and the fixed overhead rate

<em>The pre-determined fixed overhead absorption rate = Estimated fixed overhead /Estimated machine hours </em>

<em>DATA:</em>

<em>Estimated overhead       - $256,500.</em>

<em>Estimated machine hours -  10,000 machine hours</em>

The pre-determined fixed overhead absorption rate =

$256,500/ 10,000 machine hours = 25.65  per hour

<em>The pre-determined overhead absorption rate = $25.65  per hour</em>

Total overhead rate = Variable rate + Fixed rate

                                 = $8.52 +  $25.65 = $34.17

Total overhead rate =  $34.17  per machine hour

3 0
3 years ago
Identify all of the correct statements:
lianna [129]

Answer:

D.

Explanation:

In every company owners and managers have to be aligned, they need to see the same objective. To align the interests of them, it's needed to settle reward management behaviour, because this affects directly managers motivations, based on Maslow's motivation theory where he said that <em>people has needs, if they fulfil those needs they're gonna be motivated.</em>

7 0
3 years ago
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$118250

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Cheers

8 0
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Read 2 more answers
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enyata [817]

Answer: The following is not considered when you are calculating cost of quality:<u><em>  The cost of gaining formal acceptance of project deliverable.</em></u>

Cost of Quality contains all the costs that are both internal and external to the system; whereas, the Cost of Quality include the conformance, considering any costs connected with both appraisal and interference.

Cost of Quality is calculated as :

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4 0
3 years ago
Which of the following is not one of the factors required to charge for online content?
nikitadnepr [17]
I think the correct answer from the choices listed above is option B. A focused market would not be one of the factors that is <span>required to charge for online content. Since the market is already available and is always there. Hope this answers the question. Have a nice day.</span>
3 0
4 years ago
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