Answer:
the overhead rate is $50 per machine hour
Explanation:
The computation of the overhead rate is shown below:
Predetermined overhead rate
= Estimated total Overhead ÷ Estimated total machine hour
= $10,000,000 ÷ 200,000 hours
= $50 per machine hour
hence, the overhead rate is $50 per machine hour
The same should be considered and relevant
I think the most appropriate answer would be B. As Business etiquette is about building relationships with other people. Etiquette is not about rules & regulations but is about providing basic social comfort and creating an environment where others feel comfortable and secure, this is possible through better communication
I hope it helped you!
Answer: Option (B)
Explanation:
Given :
Contract = $3.8 million
Initial Payment = $1.1 million
Payment - Year One = $1.3 million
Payment - Year Two = $1.4 million
From the given information , we can evaluate the current value of the contract using present value:
<em></em>
<em></em>
<em>Present Value = $3,480,817.37</em>
Answer:
A
Explanation:
A company has absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries
For example, in 1 hour, country A produces 10kg of beans and 5kg of rice and country B produces 5kg of beans and 10kg of rice.
Country A has absolute advantage in the production of beans while country B has absolute advantage in the production of rice
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
Answer:
The equipment's net book value on 12/31/2015 is $ 135000.
Explanation:
Net book value of the equipment on 12/31/2015 is given by:
Net book value = cost of the equipment - depreciation expense recognized until 12/31/2015
= $ 350000 - $ 215000
= $ 135000
Therefore, the equipment's net book value on 12/31/2015 is $ 135000.