The answer to this question would be option B: FALSE. When we say medium, this is the mode of how the message would be transmitted from the source to the receiver. This is also known as the channel. An example of this would be television or radio. This statement becomes false because the medium does not have anything to do with how the receiver deciphers or decodes the message that is being sent. The medium only serves as a channel and does not affect on how the receiver would interpret such information.
Answer:
See below
Explanation:
1. Predetermined overhead rate
= Total fixed overhead cost for the year / Budgeted standard direct labor hour
Predetermined overhead rate = $530,400 / 68,000
Predetermined overhead rate
= $7.8 per direct labor hour
2. i. Fixed overhead budget variance
= Actual fixed overhead - Budgeted fixed overhead
= $521,000 - $530,400
= $9,400 favourable
ii Fixed overhead volume variance
= Budgeter fixed overhead - Fixed overhead applied to work in process
= $530,400 - (66,000 × $7.8)
= $530,000 - $514,800
= $15,200 unfavorable
Answer:
b.) While some job loss may occur as a result of automation, the potential for job creation exists
Explanation:
Automation is the process by which a the production process that is usually managed by people becomes mechanised.
The control and monitoring functions that people usually do is now transferred to automatic devices.
While this will cause some job loss as a result of lack of skill to operate the new machines, it will also result in an avenue for fresh employment.
Employees can acquire the required skill to operate the machines that are now used in the production process.
Answer: The meaning of depletion to allocate the cost of extracting natural resources like oil and minerals from the earth.
Explanation:
- The term depletion is a concept generally we use in tax and accounting.
- The meaning of depletion is to move the cost of extracting natural resources like oil and minerals from the earth to the income sheets.
- It is a non-cash expense that lowers the cost value of an asset gradually scheduling charges to the income.
- To evaluate the depletion per unit we divide the total cost less salvage value by the total number of estimated units.
The formula is
A=p (1+r/k)^kt
A future value 12200
P present value 6100
R interest rate ?
K compounded quarterly 4
T time 9 years
Set the equation and solve for r (interest rate)
12200=6100 (1+r/4)^(4×9)
Divide both sides by 6100
12200/6100=(1+r/4)^(36)
2=(1+r/4)^(36)
Take the root of 36 for both sides
2^(1/36)=1+r/4
R= (2^(1/36)-1)×4
R=(2^(1÷36)−1)×4
R=0.0778×100
R=7.78%
Hope it helps!
