Answer:
(a) Compute the return on investment (ROI) for the current year.
Current ROI 8.72%
Explanation:
Sales 3,018,000
- Variable Cost 1,979,808
- fixed cost 594,600
Operating Income 443,592
Operating assets 5,087,200
Return on Investment
ROI = 433,592/5,087,200 = 0.087197 = 8.72%
Answer:
$1960
Explanation:
The computation of the total cost is shown below:
Total variable overhead estimated is
= (4 × 31400)
= $125600
Now
total overhead estimated is
= Total variable overhead estimated + Total fixed overhead estimated
= $125600 + 219800
= $345400
Now predetermined overhead rate is
= $345400 ÷ 31400
= $11 per machine hour
Now total overhead applied is
= (11 × 20)
= $220
So, total job cost is
= Direct material + Direct labor + Total overhead
= (580+1160+220)
= $1960
The correct answer is letter A
Answer:
A) 20
Explanation:
According to section 802 of the Sarbanes-Oxley Act, the maximum imprisonment for making any misleading financial statement that can change the user's decisions is 20 years.
It includes various things like - false entry, destroyed things or does not contain any true statement of financial data that can affect the federal investigation have the right to given the fine or ready for up to 20 years imprisonment.
If any condition arise, then the person should be fined or up to 20 years imprisonment or both
$349,500 is else's ending inventory presented on the balance sheet for the current year using dollar-value LIFO.
Inventory (American English) or stock (British English) refers to the products and materials that a business holds for the final word goal of resale, production, or utilization. Inventory management is a discipline primarily concerning specifying the form and placement of stocked goods. it's needed at totally different locations inside a facility or within several locations of an offer network to precede the regular and planned course of production and stock of materials.
The conception of inventory, stock, or work in process (or add progress) has been extended from producing systems to service businesses [1][2][3] and comes by generalizing the definition to be "all work within the method of production - all work that's or has occurred before the completion of production".
Learn more about inventory here
brainly.com/question/24868116
#SPJ4