Answer:
Option (D) is correct.
Explanation:
Total Overhead Cost:
= (Overhead × Number of cases) for all products
= (20 × 350) + (25 × 550) + (17 × 650)
= 31,800
Total Machine Hours:
= Machine hours × Number of cases
= (5 × 350) + (3 × 550) + (4 × 650)
= 6,000
Overhead Rate:
= Total Overhead Cost ÷ Total Machine Hours
= 31,800 ÷ 6,000
= 5.30
Total product cost per case for Product GC:
= Direct Material + Direct Labor + Overhead
= 80 + 30 + (Machine hours × Overhead Rate)
= 80 + 30 + (3 × 5.3)
= 80.00 + 30.00 + 15.90
= $125.90
Answer:
true
Explanation:
employees play a significant role in the success of a service based business because they build an atmosphere of trust , confidence and loyalty among the customer by interacting with the customer while the service is being provided.
Answer:
A
Explanation:
For an accounting manual, if your audience has different background of education then you need to keep different section for different audience. The thing is, if you write it for highest level then bookkeepers will have difficulty in understanding it. If you write for lower level, then it will be useless for higher level of audience.
So the manual should include different section for different audience.
Answer and Explanation:
The computation is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($52,000 - $8,000) ÷ (4 years)
= ($44000) ÷ (4 years)
= $11,000
In this method, the depreciation is same for all the remaining useful life
a. The depreciation expense for 2019 is $11,000
b. The depreciation expense for 2020 is $11,000
c. The accumulated depreciation for year 2019 is $11,000
d. The accumulated depreciation for year 2020 is $22,000 ($11,000 + $11,000)
e. The book value is
= Original cost - accumulated depreciation
= $52,000 - $22,000
= $30,000
Answer:
The greatest number of mangoes which are to be taken out at a time from each basket so that both of them emptied simultaneously is the number of mangoes in each basket which is 120 mangoes for one basket and 168 mangoes for the other basket
Explanation:
Given that the number of mangoes in one basket = 120 mangoes
Also, the number of mangoes in another basket = 168 mangoes
The greatest number of mangoes, X and Y that are to taken out from each basket so that both of them will empty simultaneously is found as follows;
We note that the ratio of the number of mangoes in both baskets are;
120:168 = 5:7
Therefore, we have;
5 × Y = 120
Y = 20/5 = 24
Similarly, we have;
7 × X = 168
X = 168/7 = 24
We can take 5 mangoes from one basket and 7 mangoes from the other basket 24 times, for both mangoes to empty the same time
We can also take 5×12 = 60 mangoes twice from one basket and 7 × 12 = 84 mangoes twice from the other basket to empty the baskets
We can also take 120 mangoes one from one basket and 168 mangoes one from the other basket to empty the baskets.
Therefore, the greatest number of mangoes which are to be taken out at a time from each basket so that both of them emptied simultaneously is the number of mangoes in each basket which is 120 mangoes for one basket and 168 mangoes for the other basket.
