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DaniilM [7]
3 years ago
6

Pre-determined overhead rates are calculated by dividing estimates of total factory overhead cost in the upcoming accounting per

iod (usually a year) by an estimated usage or capacity of some unit of related activity (such as direct labor hours).
A. True
B. False
Business
1 answer:
Anna11 [10]3 years ago
3 0

Answer:

The correct option is A, true

Explanation:

The predetermined overhead absorption rate is a forecast overhead rate usually computed by estimated total factory overhead by the planned usage or capacity  of the unit of the activity.

This is more like planning ahead for the overhead to be incurred, hence the correct option is A , which truly supported that the statement made in the question

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Gore Global is considering the two mutually exclusive projects below. The cash flows from the projects are summarized below.
d1i1m1o1n [39]

Answer:

D

Explanation:

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

Flying Car

Cash flow in year 0 = -$200,000

Cash flow in year 1 = 50,000

Cash flow in year 2 = 50,000

Cash flow in year 3 =80,000

Cash flow in year 4 =100,000

IRR = 13%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

7 0
3 years ago
Antonia Clark, the Senior Marketing Manager of Tough Mudder, talks about how operations teams, creative teams, and merchandising
Dmitrij [34]
It would be a functional team effort
6 0
3 years ago
What was the reason for the financial crisis 2008?
tester [92]
The cause was the huge increase of mortgage rates and caused the economy to crash. also Obama. no just kidding only idiots ay that it was him because he hadn't been the president for a year yet so yeah.
7 0
3 years ago
Ashley received a scholarship to be used as follows:___________tuition $6,000; room and board $9,000; and books and laboratory s
mojhsa [17]

Answer:

A) True THE CORRECT ANSWER

Explanation:

3 0
3 years ago
In Draco Corporation’s first year of business, the following transactions affected its equity accounts. Issued 6,800 shares of $
BigorU [14]

Answer:

$428,780

Explanation:

DRACO CORPORATION

Stockholders' Equity Section of the Balance Sheet as at December 31

Preferred stock- $10 par value

($6,800×$2) $13,600

Paid in capital in excess of par- Preferred stock ($6,800 ×$44) $299,200

($46-$2)

Preferred stock- $10 par value

($1,700×$10) $17,000

Paid in capital in excess of par- Common stock ($1,700×$41) $69,700

($51-$10)

Retained earnings($78,000-$29,000) $49,000

Less: Treasury stock($340×$58) ($19,720)

Total stockholders' equity $428,780

($448,500-$19,720)

4 0
3 years ago
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