Answer: $60238
Explanation:
First and foremost, we need to calculate the over applied overhead which will be the difference between the actual overhead and the applied overhead. This will be:
= $78600 - $75000
= $3600
Then, the portion allocated to the cost of goods sold will be:
= $3600 × $57600 /($57600 + $21000)
= $3600 × $57600/$78600
= $3600 × 0.7328
= $2638
Therefore, the cost of Goods Sold after the proration will be:
= $57600 + $2638
= $60238
Answer:
I will lay out China's GDP growth rate in the last years:
YEAR GDP GROWTH RATE
2018 - 6.6%
2017 - 6.7%
2016 - 6.7%
2015 - 6.9%
2014 - 7.3%
2013 - 7.7%
2012 - 7.8%
2011 - 9.5%
2010 - 10.6%
2009 - 9.4%
2008 - 9.6%
2007 - 14.2%
2006 - 12.7%
2005 - 11.3%
2004 - 10.1%
2003 - 10.0%
2002 - 9.1%
2001 - 8.3%
2000 - 8.4%
1999 - 7.6%
1998 - 7.8%
1997 - 9.2%
1996 - 9.9%
1995 - 10.9%
1994 - 13.0%
1993 - 13.8%
1992 - 14.2%
China was growing a lot in the first years of the 1990s. The last half of the decade saw less grow because of the Asian financial crisis,
During the mid 2010s, China was again growing ove 10% every year. This boosted the world economy, for example, Latin America, because this region is an important provider of raw materials such as coal, oil and soy.
China was not seriously affected by the 2008-2009 financial crisis, or by the 2011 European debt crisis.
However, in recent years, the country has been growing less, probably because as it develops more, it tends to grow less. Same thing has happened to every developed country in the world. In fact, advanced economies like the United States or Germany rarely grow above the 2% rate per year.
Answer:
The impact on Granfield company operating income segment would be an increase of $208,400.
Explanation:
There would be an increase of $208,400 for Granfield company operating income segment due to the eliminated fixed cost from the payback division.
This means that there would be efficient operations of other business segment of Granfield as a result of the eliminated fixed cost from the payback division. Also, there will not be sales and variable cost accruable to the company-Granfield, in the future.
Calculation;
40% * $521,00 = $208,400
Answer:
The correct answer is:
5.0 percent deflation between the first and second years, and 3.0 percent deflation between the second and third years. (a)
Explanation:
to calculate the percentage deflation, we will simply calculate the percentage change in price between the years stated. This is calculated as follows:
% change = 
Note that the negative sign shows a deflation.
if you use the same method for years two and three, you should get -3%, using P₁ as 142.5 and p₂ as 138.2. Hence option 'a' is correct.
Answer: This business is a Private Corporation.
Explanation: As the name implies, a private corporation is an organization that is privately owned. Private corporations are capable of issuing stock and having shareholders, but their shares do not trade on public exchanges.
We can see that the company that is described in the scenario above possesses the attributes mentions in the definition.
The company is private because it has been in the family for five generations, also, the managers in the business are hired from within the family.
