Answer:
Direct labor
Explanation:
To compute the manufacturing overhead, we considering the following:
= Factory utilities + Depreciation on factory equipment + Property taxes on factory building + Indirect factory labor + Indirect materials + Factory repairs+ Factory manager salary
The direct labor is a direct expense which is related to the product whereas the manufacturing overhead records only indirect cost which is not directly related to the product i.e it relates to the factory expenses
The answer to your question Is b.
Based on the balances given by Miller Properties, the amounts in the relevant accounts are:
- Income statement = $11 million.
- Balance sheet = $43.5 million.
- Statement of cashflows operating cash flow = $500,000.
- Statement of cashflows investing cash flow = $33 million.
<h3>What is the income statement balance?</h3>
= (Reported earnings - (Patent value / Number of years) ) / Marlon company outstanding shares
= (69 - (30 / 10) ) / 6
= $11 million
<h3>What is the balance sheet balance?</h3>
= Acquisition price + Equity income - Dividends declared by Marlon
= 33 + 11 - (3/6)
= $43.5 million
<h3>What is the operating cash flow ?</h3>
This is the cash dividend that Miller received from Marlon of:
= 3 / 6 million shares x 1 million
= $500,000
<h3>What is the investing cash flow?</h3>
This is the $33 million that Miller paid for Marlon company shares.
Find out more on operating cashflow at brainly.com/question/25530656.
Answer:
Prepare Kameron Gibson’s bank reconciliation.
Cash 282,1
Books
Payroll Check 1260,9
Checks written 150,7
Checks written 16,35
Deposit not in stat. -666,6
Banks
Bank service fee -12,4
NSF Check -10,7
Bank conciliation 1020,35
Bank account 1020,35
Explanation:
Cash 282,1
Books
Payroll Check 1260,9
Checks written 150,7
Checks written 16,35
Deposit not in stat. -666,6
Banks
Bank service fee -12,4
NSF Check -10,7
Bank conciliation 1020,35
Bank account 1020,35
Answer:
13.82%
Explanation:
Data provided in the question:
Sales = $325,000
Net income = $19,000
Assets = $250,000
Total-debt-to-total-assets ratio = 45.0% = 0.45
Now,
Total asset turnover = Sales ÷ Total assets
= $325,000 ÷ $250,000
= 1.3
Profit margin = Net income ÷ Sales
= $19,000 ÷ $325,000
= 0.05846
Equity multiplier = 1 ÷ [ 1 - Debt to asset ratio]
= 1 ÷ [ 1 - 0.45 ]
= 1.818
thus,
ROE = Profit margin × Total asset turnover × Equity multiplier
= 0.05846 × 1.3 × 1.818
= 0.1382
or
= 0.1382 × 100%
= 13.82%