Answer:
The amount of allocated manufacturing overhead costs for August is $47,150
Explanation:
For computing the allocated manufacturing overhead costs, first we have to compute the direct labor hours which is shown below:
= Direct labor cost ÷ per hour rate
= $73,800 ÷ $36
= 2,050 hours
Now the allocated manufacturing overhead costs equals to
= Direct labor hours × Manufacturing overhead rate
= 2,050 hours × $23
= $47,150
Answer:
Product 1 - $36
Product 2 - $ 96
Product 3 - $66
Explanation:
The accounting standard for Inventory under IFRS IAS 2 requires that inventory be recognized at cost which includes all the cost incurred to bring the item of inventory to a state or place where the item of inventory becomes available for sale.
These costs includes cost of purchase, freight, Insurance cost during transit etc.
Subsequently, inventory is to be carried at the lower of cost or net realizable value.
The NRV is the Selling price less the cost to sell.
Given
Product 1 Product 2 Product 3
Cost $36 $ 106 $ 66
Selling price $ 88 $ 168 $ 118
Costs to sell $ 9 $ 72 $ 26
NRV $ 79 $ 96 $ 92
Answer: A. interest rates have risen
Explanation:
Since the customer buys a Brokered CD for $100,000 and upon eceipt of his next account statement, he sees that there has been a reduction in the market value of the CD to $99,800.
This would occur because there has been an increase in the interest rates. On the other hand, assuming there was a reduction in the interest rate, this will lead to an increase in the market value.
Korey's perceptual bias is the fundamental attribution.
Fundamental attribution occurs if an individual tries to explain the behavior of another person based on his/her personality, rather than based on the situation.
This type of bias is shown by Korey because he:
- Thinks the employee is lazy, which is related to personality features.
- He does not consider the situation or the fact the employee needs time to take care of the child, and it is not just avoiding work.
Learn more in: brainly.com/question/13044778
Answer:
d. $8,000
Explanation:
Reserve requirement = 25% = 0.25
The money multiplier = 1 /Required reserve
The money multiplier = 1/0.25
The money multiplier = 4
The initial deposits = $2,000
The maximum possible expansion of deposits = Initial deposits * The money multiplier = $2,000 * 4 = $8,000. Thus, the maximum expansion of the money supply possible from the original deposit is $8,000
