Answer:
$2.22 per movement
Explanation:
Activity-based costing is a form of absorption costing where overheads are charged to product using cost drivers. Under this method, overheads are first analyzed and categorized by the activities responsible for them and then charged to product based on the amount of benefits enjoyed using cost drivers.
Activity rate is calculated as:
Activity cost for the period / Total cost drivers for the period
<em>Activity rate for the moving activity :</em>
The appropriate cost driver to allocate moving activity is number of movements. This is so because it is most likely that the number of moves will be a major factor that influences the moving activity costs. <em>Direct labour hours may not necessarily drive moving activity costs</em>
<em>So we can work out the rate as follows:</em>
Activity rate per move = Total activity cost/ Total number of movements
= $200,000/ 90,000 moves
= $2.22 per movement
Answer:
deduction = 0 in 2015
Deduction = $ 15000 in 2016
balance = $20000
it is carried forward to the year 2017
Explanation:
given data
partnership interest = $40,000
partnership loss = $35,000
partnership income = $15,000
to find out
How much may Kay deduct in 2015 and 2016
solution
we can say that Loss is adjust or deduct against Profit of Kay when it makes profit during a year
so as that Kay make loss in 2015 and no profits during that year to adjust those loses against
so deduction = 0 in 2015
but
in 2016
Kay income = $ 15000
Kay adjust loss of previous year against this income to extent of income available
so Deduction = $ 15000 in 2016
and after that
here balance after deducting the passive loss is
balance = $35000 - $15000
balance = $20000
it is carried forward to the year 2017
Answer:
Explanation: If a court had to construe a contract between Wire Co and a copper company based on industry practice. Means that A legal document that will state the entire business operation would have to be drawn down before any business transaction commences between the parties.
Answer:
Benefit statement
Explanation:
A benefit statement is a statement that clearly and concisely communicates the benefits of a particular product or service.
Benefit statement helps to access your customer's emotions and sway them into buying your product.
Steps to be followed to write out an excellent benefit statement include:
1) Make your statement short and straight to the point.
2) Make your benefits measurable.
3) Critically emphasize on what you are selling.
4) Describe your competitive values.
The correct answer is D providing zero-liability for unauthorized purchases
