Answer
A. 25%
B.8%
C. 1.2%
Explanation:
a)
($250,000 − $200,000)/$200,000 = 0.25 or 25%
b)
($275 − $255)/$255 = 0.08 or 8%
Their was No exchange rate movements involved assets & returns all in U.S. dollars
c.
Step 1: £10,000 * $1.50/£ = $15,000 initial $ investment
Step 2: £10,000 * (1.10) = £11,000 at end of year
Step 3: £11,000 * $1.38/£ = $15,180 at end of year
Step 4: ($15,180 - $15,000)/$15,000 =
0.012, or 1.2%
Answer:
ill answer shortly just leaving it here os i dont forget about it
Explanation:
Answer:
Total amount collected = $94,400
Explanation:
Given:
1st investment = $25,000
2nd Investment = $35,000
3rd investment = $45,000
Computation of total amount:
Total amount collected = $94,400
Answer:
Fifo Inventory $665
Moving Average= $ 606
Lifo Inventory $ 592
Explanation:
Purchases
Date Units Unit Cost Sales Units Fifo Inventory
July 1 13 $115
<u>July 6 9 </u>
<u> 4 $115 $460</u>
July 11 6 $122
<u>July 14 6 </u>
<u> 4 $122 $488</u>
July 21 7 $132
<u>July 27 6 </u>
<u> 5 $ 133 </u><u> $665</u>
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Moving Average Method
= Total Cost of Purchases/ No of items= 13*115 + 6*122+ 7*132/13+6+7
= 1495+ 732+ 924/26= 3151/26= 121. 192
No of units in the Ending Inventory= 5 * 121.192= $ 605.96
Purchases
Date Units Unit Cost Sales Units Lifo Inventory
July 1 13 $115
<u>July 6 9 </u>
<u> 4 $115 $460</u>
July 11 6 $122
<u>July 14 6 </u>
<u> 4 $115 $460</u>
July 21 7 $132
<u>July 27 6 </u>
1 132 $132
<u> 4 $ 115 $460</u>
<u> 5 </u><u> $ 592</u>
Answer:
Asper Corporation has provided the following data for February. Denominator level of activity 7,700 machine-hours Budgeted fixed manufacturing overhead costs $ 266,420 Fixed component of the predetermined overhead rate $ 34.60 per machine-hour Actual level of activity 7,900 machine-hours Standard machine-hours allowed for the actual output 8,200 machine-hours Actual fixed manufacturing overhead costs $ 259,960 The budget variance for February is $6,460 Favorable.
Explanation:
Budgeted fixed manufacturing overhead cost = $266,420.
Actual fixed manufacturing overhead costs = $259,960
The budget variance for February is calculated as below:
Budget Variance = Actual Fixed Manufacturing Overheads - Budgeted Fixed Manufacturing Overheads
Budget Variance =$259,960 - $ 266,420.
Budget Variance = -$6,460
Budget Variance = $6,460 Favorable
