Answer:
d. to better assign overhead costs to products
Explanation:
Activity-based costing is a method in which the overhead costs are assigned to the goods and this helps to create a relationship between the costs and the products to have a better understanding of the costs involved in the manufacturing process. According to this, the answer is that the best reason for using activity-based costing is to better assign overhead costs to products.
Answer: False
Explanation: In simple words, regular partnership refers to a business arrangement in which two or more individuals combine their efforts for attaining common objectives like earning profit.
A partnership firm is not a separate legal entity, thus, the owners and firms are considered same leading to unlimited liability of the partners. But these entities also run their business on the assumption of continued perpetual existence and the ownership transfer is also very simple.
Hence from the above we can conclude that the given statement is false.
Answer:
Period Forecast
12 306.2
13 394.2
14 333.6
15 419.3
Explanation:
Weights
Period Demand older 0.3 recent 0.7 Forecast
10 274
11 320
12 426 82.2(274 x 30%) 224(320 x 70%) 306.2
13 294 96(320x30%) 298.2(426x70%) 394.2
14 473 127.8(426x30%) 205.8(294x70%) 333.6
15 88.2(294x30%) 331.1(473x70%) 419.3
From the given infroamtion period n forecast will be:
(n-1) x 70% + (n-2) x 30%
Period 13 = Period 12 x 70% + Period 11 x 30%
Answer:
b. $ 500,000
Explanation:
The computation of the net cash used in investing activities is shown below:
Cash flow from investing activities
Purchased real estate -$1,250,000
Purchased machinery and equipment -$250,000
Sold available-for-sale securities for $1,000,000
Net cash used by investing activities -$500,000
The negative sign represents the cash outflow and the positive sign represents the cash inflow and the same is to be considered
Answer:
Macau
Explanation:
First, we need to understand that all countries are impacted financially due to the corona virus. It's predicted that Corona Virus will cause a loss of around $2.7 trillion in Global Economy.
That being said, some countries are impacted more than the others.
Especially those who rely on tourism and hospitality as their main economy. Macau is probably the one that got the hardest hit. Not only this country is located near China (where the virus originally came from) , tourism and hospitality accounted for around 43% of Macau's economy. Basically half of its economic activity shut down due to the virus.