Answer:
The total cost is 3,360,000 and consiste of the proce of the new equipment plus the shipping and installtion cost. In contrast, Alexander's initial investment outlay are liabilities.
Explanation:
acquisition cost + shipping and installation cost = equipment value
3,200,000 + 160,000 = 3,360,000
The increase in liablities, will be that, liabilities, not cost, because is not associate with the equipment being ready to use. The equipment is ready to use, once is installed. so shipping and installment cost should be activated, not the accruals and account payable.
Answer:
Allocated overhead= $375
Explanation:
Giving the following information:
Jeremy Corporation estimated manufacturing overhead costs for the year to be $500,000. Jeremy also estimated 8,000 machine hours and 2,000 direct labor hours for the year. It bases the predetermined overhead allocation rate on machine hours.
On January 31, Job 25 was completed. It required 6 machine hours and 1 direct labor hour.
First, we need to calculate the predetermined overhead rate:
predetermined overhead rate= total estimated overhead for the period/ total amount of allocation base
predetermined overhead rate= 500,000/8000= $62.5 per machine hour
Allocated overhead= predetermined overhead rate* actual hours= 62.5* 6= $375
Weekly payday frequency provides employees with the smoothest cash flow.
Many employees think that being paid weekly is the best way to be paid as it alleviates the whole process of waiting to be paid.
Answer:
D) normative control
Explanation:
Based on the information provided within the question in regards to the situation it seems that this is an example of normative control. This term refers to making decisions based on behavioral patterns and actions that you deem acceptable instead of following a set of guidelines and procedures. Which is what Gary is doing by focusing on the way that the individuals handle and care for the animals as opposed to what they know when hiring.
