Answer:
The correct answer is letter "B": the highest level of activity possible allowing for normal repairs and maintenance.
Explanation:
Practical capacity is the maximum level of production a manufacturing company can reach over a determined period. The concept considers the time dedicated to the maintenance of equipment, time employees take off from work, and equipment set up. Practical capacity is used in the firm's budget to calculate the output a firm should reach.
Answer:
a.$20 per keyboard
Explanation:
The computation of the variable cost per computer keyboard is shown below:
= Direct material per unit + Direct labor per unit + Variable overhead per unit
= $10 per unit + $6 per unit + $4 per unit
= $20 per keyboard
Basically, we added the Direct material per unit, Direct labor per unit, and the Variable overhead per unit so that the variable cost per computer keyboard could come
Answer and Explanation:
The Journal entries are shown below:-
1. Salaries expenses Dr, $1,950
To Salary payable $1,950
(Being salaries expense is recorded)
2. Interest expense Dr, $150
To Interest payable $150
(Being interest expense is recorded)
3. Accounts receivable Dr, $1,600
To Service revenue $1,600
(Being sales revenue is recorded)
Answer:
I believe that the best action is to repurchase stocks.
Paying a large and unexpected dividend will yield an immediate return, but it will also decrease the stock's price. On the other hand, repurchasing stocks will result in lower outstanding stocks and the same cash flows. This will result in higher stock prices. Supposedly, upper management has the duty to increase the wealth of stockholders and that is achieved through higher stock prices.
Explanation:
Explanation:
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