Answer and Explanation:
First Link Services granted
1. Total compensation
$4.4 million × $5
=$ 22 million
2.
Dr Compensation Expenses 11 million
Cr Paid in capital restricted stock 11 million
Dr Paid in capital restricted stock 22 million
Cr Common stock 4.4 millon
Cr Paid in capital excess of 17.6 million
Answer:
b. decrease by $1,700,000
Explanation:
At the end of the year, overhead applied was $42,000,000.
Actual overhead was $40,300,000.
Closing over/underapplied overhead into Cost of Goods Sold would cause
net income b. decrease by $1,700,000
An increase in the inventory ($42,000,000-$40,300,000) $1,700,000 would cause the inventory to be overstated by the amount $1,700,000 hence decreasing the income statement by the same amount.
Answer:
The answer is c. remains constant in total with changes in the level of activity.
Explanation:
In a cost structure of a firm, for decision-making purpose, it is usually divided into fixed cost and variable cost.
Variable cost is the type of costs which will increase following an additional production of an extra unit of product/service, that is, level of activity has been risen up given the production is taken place. A good example of these cost are material cost, labeling cost.
Fixed cost, as it name may tell, is costs that are unchanged regardless of a firm's activities level. That is, regardless of how many product/service is produced, these costs remain the same. A good example of these cost are depreciation cost, rental cost.
Answer: The correct answer is "C. $4,000 × 0.681 × 0.926.".
Explanation: If we want to know the present value of $ 4000 that will be received within 6 years from today. Having the update factors for only 5 periods First we multiply the capital ($ 4000) by the factor for 5 periods and then multiply it by the factor for 1 period to complete the 6 periods.
Countries adopting western eating habits, the spread of fast food restaurants to other countries is big.
Increasing income has added to urbanization which seems to lead to diets rich in animal produce, fat, salt and sugar.
